LOS ANGELES, Nov. 09, 2023 (GLOBE NEWSWIRE) — FloQast, a provider of accounting workflow automation software created by accountants for accountants, today announced it ranked No. 297 on theDeloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. FloQast grew 450% during this period.
“We are incredibly honored to be recognized as one of the fastest-growing companies in North America by Deloitte,” said Mike Whitmire, co-founder and CEO at FloQast, CPA. “This achievement is a testament to the hard work and dedication of our entire team, as well as the trust that our customers have placed in us. We are committed to continuing to innovate and deliver solutions that help our customers achieve accounting operational excellence.”
Overall, 2023 Technology Fast 500 companies achieved revenue growth ranging from 206% to 222,189% over the three-year time frame, with an average growth rate of 2,051% and median growth rate of 524%.
This honor is the latest in a series of significant milestones for FloQast, which has been named to the Deloitte Technology Fast 500 list in previous years. Recent achievements include the launch of free public CPE/CPD courses from FloQademy and FloQast’s all-new Variance Analysis and Compliance Management Solutions, the launch of an all-new brand strategy, and expansion to Australia and New Zealand. This year, FloQast also made its debut on the Inc. 5000 list, ranked among the highest-scoring businesses on Inc. Magazine’s Annual List of Best Workplaces for 2023, and was named a Great Place to Work™ in both the US and UK.
FloQast, a provider of accounting workflow automation software created by accountants for accountants, delivers an Accounting Operations Platform that enables organizations to operationalize accounting excellence. Trusted by more than 2,500 accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast was built by accountants, for accountants to enhance the way accounting teams work. FloQast enables customers to streamline and manage the Financial Close, Finance and Accounting Operations, and Compliance Programs. With FloQast, teams can manage every aspect of the month-end Close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration throughout the financial function. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.
About the 2023 Deloitte Technology Fast 500
Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making animpact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as theybuild their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact atwww.deloitte.com.
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FloQast Director of Corporate Communications
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