29 > ProcureAbility

REVENUE GROWTH: 97%

HQ: Jacksonville, Fla.

The Fortune 1,000 trusts ProcureAbility to support and transform their procurement organizations by providing on-demand consulting, staffing, recruiting, analytics and market intelligence, says John Evans, CEO of the firm. "Decades of experience and a robust team empower us to address your needs and opportunities with options that deliver maximum procurement ability," he says. Evans sat down with Consulting to discuss the firm's financial performance, overall outlook and its positioning as one of the profession's Fastest Growing Firms.

Consulting: What were the main factors that contributed to your firm's exceptional growth?

Evans: We feel that two of our most important differentiators are our exclusive focus on Procurement (it's all we do) and our flexible support options (we offer a wide range of support, from strategic advisory support to tactical staffing support, or the option to combine the two) have been the most important contributors to our growth.

Consulting: How is this year shaping up for your firm?

Evans: This year has been an exciting one for our firm. We have nearly doubled in size from 5 years ago, and this will be the highest revenue year in our 23-year history.

Consulting: How would you describe your firm's outlook for 2020? Where do you see the most opportunities?

Evans: We continue to be bullish regarding our growth—we're targeting 30 percent plus annual growth in 2019  and 2020. We're also investing in data analytics—both in technology and our offerings, as it applies to the Procurement space. We think there are some exciting new opportunities regarding Procurement data analytics, and the challenges of "inventing" the next evolution of big data analytics as it applies to Procurement is an inspiring goal for our firm.

Consulting: What would you say are your firm's biggest challenges in 2020?

Evans: Our biggest challenge will be keeping/improving our culture as we grow in size. That's probably a challenge for any growing company, but at ProcureAbility, our entrepreneurial, innovative culture is a big part of who we are, and something that's extremely important to us, so finding ways to keep that, and hopefully even improve it, as we grow, will be our focus.

Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?

Evans: Being named for the third year in a row is a huge honor for us. When we started the company in 1996, we established it as part of our foundation to always do our best for our clients, while creating a "great place to work" for our employees. Having a growing company is important for our employees—without growth, we would have fewer development opportunities for our team. Growth also is a big part of having an exciting culture. For our clients, I think it helps to validate that they've made the right choice in partnering with us. Our clients are also our friends, and I think that most are genuinely happy about our success as well.

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