Charted's Growth Is More Than a Number—It's an ERP-Native Revolution

BOSTON, MA – August 11, 2026 – On the surface, the story is one of impressive, quantifiable success. Charted, a Boston-based leader in Accounts Payable (AP) automation, has once again secured a spot on the prestigious Inc. 5000 list, the definitive ranking of America's fastest-growing private companies. Landing at No. 1776, the company not only made the list for the second consecutive year but also improved its position from No. 1916 the year prior. This achievement is made all the more significant as it coincides with the company's 10th anniversary.

But the numbers, as compelling as they are, serve as a breadcrumb trail leading to a more profound narrative. Charted’s 208% three-year revenue growth, which outpaces the 130% median for this year's Inc. 5000 honorees, isn’t just a testament to a hot market. It’s a validation of a specific, and arguably more disciplined, approach to building enterprise software. In a world saturated with apps that promise seamless integration through a web of APIs and middleware, Charted chose a different path: to build its system not merely for a client’s core financial software, but directly inside of it.

This distinction is the engine behind the numbers, and it offers a crucial lesson in how foundational business systems are evolving.

The Anatomy of Sustained Growth

For any private company, a spot on the Inc. 5000 is a milestone. A second consecutive appearance signals something more: momentum and resilience. For Charted, this isn't just about capturing market share; it's about solving a persistent, universal business headache—the AP process—with a solution that finance teams actually want to use.

“We are thrilled to have Charted included on the Inc. 5000 list for the second year in a row,” said Bernardo Enciso, Founder and CEO of Charted, in the company's official announcement. “Making the list, and moving in position from number 1916 last year to number 1776 this year, is always meaningful, but doing it in our 10th year in business makes it a true milestone. This ranking is a snapshot of a much longer story, one of growth, achievements, and most important, a dedication to our customers who are always at the forefront of everything we do.”

Enciso's focus on a “longer story” is telling. The company, which recently rebranded from its origins as SquareWorks Consulting, was born from years of hands-on ERP implementation. This consulting DNA provides a crucial competitive advantage. The team didn't just study the problem of AP inefficiency from afar; they lived in the trenches with their clients, wrestling with the very systems they now enhance. This deep-seated empathy for the user's daily struggles is evident in their product's design and their well-regarded customer support.

Beyond Integration: The Power of Being ERP-Native

The most critical chapter in Charted's story is its technical philosophy. The term “integration” is one of the most overused and often misleading words in enterprise tech. It can mean anything from a simple data push once a day to a complex, real-time synchronization that requires a dedicated IT team to maintain. Most AP automation tools are “integrated” in this way—they exist as separate platforms that talk to the company's Enterprise Resource Planning (ERP) system, like NetSuite.

Charted’s solution is different. It’s “ERP-native.”

This means the software is built directly within the NetSuite platform itself. There is no separate application, no third-party connector, and no data being passed back and forth between disparate systems. For the end-user, the AP automation tools appear as a natural extension of the NetSuite environment they already use every day. The implications of this architecture are profound.

First, it eliminates the “single source of truth” problem. When two systems are merely integrated, discrepancies are inevitable. Data syncs can fail, creating reconciliation nightmares for finance teams who need to trust their numbers implicitly, especially during a month-end close. By living inside the ERP, Charted ensures all invoice, approval, and payment data resides in one place, providing real-time clarity and an always-current financial picture.

Second, it dramatically reduces IT overhead and security risks. There are no APIs to manage, no middleware to patch, and no separate user permissions to administer. The security and control framework of the ERP is extended to the AP process, simplifying compliance and auditing. Approvers can action requests from their email without even needing a full NetSuite license, streamlining workflows without compromising control.

A Decade of Building for the User

This native approach is more difficult to engineer but yields a far superior user experience. Anonymous customer reviews consistently praise the platform for its seamlessness and ease of use. Finance professionals highlight the time saved by eliminating manual data entry and the efficiency gained from having a single, unified system for all AP functions. One user noted the incredible value of the support team, who possess a deep, intrinsic knowledge of the NetSuite environment—a benefit that only comes from a native solution provider.

This user-centric focus is a direct inheritance from the company's consulting past. The journey from SquareWorks Consulting to Charted reflects an evolution from solving problems for one client at a time to building a product that solves a core problem at scale. This history ensures the product isn't just technically clever; it’s operationally relevant, designed to address the specific pain points of multi-entity, multi-currency global finance operations.

Navigating an AI-Driven Market

Charted’s success is unfolding within a rapidly expanding and fiercely competitive AP automation market, projected to grow from nearly $3 billion in 2025 to over $7.2 billion by 2033. In this landscape, Artificial Intelligence is the prevailing trend. Charted leverages AI not as a buzzword, but as a practical tool to enhance its native solution. AI-powered capabilities intelligently scan invoices, eliminate manual entry, and automate complex expense accruals to accelerate the month-end close.

While many competitors offer powerful platforms, Charted’s strategic decision to focus on dominating a niche—the NetSuite ecosystem—with a technologically superior native solution has proven to be a powerful growth driver. It’s a classic case of depth over breadth. Instead of being another cloud application that connects to everything, Charted has become an indispensable part of the core system for its customers.

As businesses continue to digitize their financial operations, the distinction between applications that simply connect and those that truly belong will become ever more important. Charted's consecutive Inc. 5000 rankings are more than just a corporate accolade; they are a clear signal that in the world of complex enterprise systems, building from the inside out is a powerful strategy for sustained growth.