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Datarails Ranked 92nd Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™
1372% Revenue Growth attributed to sky-high demand for Excel-native FP&A planning and AI innovation. NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Datarails today announced it ranked 92 on the Deloitte 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 30th year. Datarails grew 1372% during this period. Datarails's Cofounder and CEO, Didi Gurfinkel, credits this ranking to the fact that Datarails allows customers to reap all the benefits enjoyed from Excel, with the added advantages of data consolidation, automation and advanced insights and analytics. Didi Gurfinkel, Datarails CEO and co-founder says: "Our extraordinary growth is driven by a strong alignment with what finance teams want and what modern FP&A demands. We've taken Excel -- the most flexible and practical interface for FP&A professionals -- and supercharged it with AI and advanced analytics." "But technological innovation isn't the only story here. Our premium customer support transforms clients into true advocates, and they are our partners in this win." "When you combine an Excel-native platform that teams love, cutting-edge AI capabilities, and implementation from teams with decades of experience in FP&A, you create something special. That's why we're seeing such rapid adoption across industries. We're not just providing software; we're empowering finance teams to become more strategic partners to their businesses." "For 30 years we've been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year's list, surpassing life sciences for the first time," said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. "Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program's history. This year's winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated." "Innovation, transformation and disruption of the status quo are at the forefront for this year's Technology Fast 500 list, and there's no better way to celebrate 30 years of program history," said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte's Audit & Assurance practice. "This year's winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year's winners -- it's an incredible time for innovation. "This is Datarails second consecutive year as a Technology Fast 500 award winner. About the 2024 Deloitte Technology Fast 500 Now in its 30th 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 2020 to 2023. 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. About Datarails Datarails is the AI-powered FP&A tool for mid-market and SMB finance teams. Datarails lets teams keep working in Excel while gaining the benefits of data consolidation, automation and advanced insights and analytics. Datarails eliminates manual data work and unlocks strategic insights enabling CFOs to get to game-changing decisions faster. About Deloitte 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 an impact 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 they build 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 460,000 people worldwide connect for impact at www.deloitte.com. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms. Contact: Jonathan Marciano, VP Communications Datarails, +972-586135342, Jonathan.m@datarails.com View original content:https://www.prnewswire.com/news-releases/datarails-ranked-92nd-fastest-growing-company-in-north-america-on-the-2024-deloitte-technology-fast-500-302313196.html SOURCE Datarails Market News and Data brought to you by Benzinga APIs
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Zone & Co Ranked Number 495 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™
Attributes 204% Revenue Growth to Strategic Product Expansion and Unwavering Customer Focus NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Zone & Co, the leading provider of ERP-expanding software solutions for the CFO's office, today announced it ranked No. 495 on the Deloitte 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 30th year. Zone & Co grew 204% during this period. Zone & Co's Chief Executive Officer, Thomas Kim, credits the company's growth to its relentless focus on solving complex financial challenges through innovative product expansion and strategic acquisitions. "Our success is built on listening to the needs of finance leaders and delivering software solutions that add real value," said Kim. "This year, we've continued to push boundaries by expanding our data and AI capabilities while integrating key acquisitions to accelerate our product roadmap and enhance our full product suite for the modern office of the CFO." Throughout 2024, Zone & Co has achieved several major milestones: Acquisition of Solution 7: In May, Zone & Co acquired UK-based Solution 7, an award-winning ERP-native financial reporting provider. This acquisition has strengthened ZoneReporting's capabilities, offering finance teams seamless, real-time access to data with advanced reporting features in Excel.Acquisition of Staria Flow: In July, Zone & Co acquired Staria Flow, an advanced accounts payable automation solution developed by Finland-based Staria. Staria Flow enhances Zone's procure-to-pay capabilities, providing robust bank connectivity, enterprise-level OCR technology, and seamless e-invoicing.ZoneBilling AI Assistant and SOC Compliance: Earlier this fall, Zone & Co launched the ZoneBilling AI Assistant, a tool embedded within ZoneBilling that transforms customer self-service by providing real-time, contextual answers to user queries. Additionally, ZoneBilling completed Type 2 SOC 1 and SOC 2 audits, reinforcing Zone's commitment to maintaining the highest levels of data security and compliance.Launch of Zone Data Platform: In October, the company introduced the Zone Data Platform, designed to give CFOs, controllers, and IT teams greater control over ERP and CRM data. This platform includes BI Dashboards, Data Warehouse, Extract, and FP&A reporting, tailored to meet various data maturity levels. Now in its 30th 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 2020 to 2023. The full list of 2024 Deloitte Technology Fast 500™ can be found here. To learn more about Zone & Co, please visit www.zoneandco.com. About Zone & Co Zone is reinventing the way companies approach back-office excellence, empowering finance leaders and their teams to scale and thrive in today's dynamic business landscape. Its highly flexible platform enhances out-of-the-box ERP capabilities, offering maximum visibility and control over company operations. From complex billing & revenue recognition to AP automation and advanced FP&A reporting, Zone's unified platform integrates seamlessly with leading ERP software, adapting precisely to evolving needs. Trusted by over 4,000 customers worldwide, Zone & Co is committed to delivering real-world solutions that deliver tangible results for its customers. Headquartered in Boston, MA, with hubs across Europe, North America, Australia, and Asia, Zone is dedicated to shaping the future of enterprise back-office management. For more information, please visit: www.zoneandco.com or follow us on LinkedIn: linkedin.com/company/zoneandco. Contact: press@zoneandco.com About Deloitte 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 an impact 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 they build 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 460,000 people worldwide connect for impact at www.deloitte.com. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms. View original content to download multimedia:https://www.prnewswire.com/news-releases/zone--co-ranked-number-495-fastest-growing-company-in-north-america-on-the-2024-deloitte-technology-fast-500-302312863.html SOURCE Zone & Company Software Market News and Data brought to you by Benzinga APIs
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Datarails and Zone & Co, two financial technology companies, have been recognized for their rapid growth on Deloitte's 2024 Technology Fast 500™ list, highlighting the increasing demand for AI-powered financial planning and analysis tools.
Datarails and Zone & Co, two innovative financial technology companies, have secured positions on the prestigious 2024 Deloitte Technology Fast 500™ list, showcasing the growing demand for advanced financial planning and analysis (FP&A) tools in North America 12.
Datarails, an AI-powered FP&A tool provider, has been ranked 92nd on the list with an impressive 1372% revenue growth from 2020 to 2023 1. The company's success is attributed to its unique approach of combining the familiarity of Excel with advanced data consolidation, automation, and AI-driven analytics.
Didi Gurfinkel, Datarails' CEO and co-founder, emphasized the company's alignment with finance teams' needs:
"We've taken Excel -- the most flexible and practical interface for FP&A professionals -- and supercharged it with AI and advanced analytics. When you combine an Excel-native platform that teams love, cutting-edge AI capabilities, and implementation from teams with decades of experience in FP&A, you create something special." 1
Zone & Co, a provider of ERP-expanding software solutions for CFOs, secured the 495th position on the list with a 204% revenue growth 2. The company's success is credited to its focus on solving complex financial challenges through product expansion and strategic acquisitions.
Thomas Kim, Zone & Co's CEO, highlighted the company's achievements in 2024:
Now in its 30th year, the Deloitte Technology Fast 500™ ranks the fastest-growing technology companies in North America based on percentage fiscal year revenue growth from 2020 to 2023 12. Steve Fineberg, vice chair and technology sector leader at Deloitte, noted:
"The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year's list, surpassing life sciences for the first time." 1
Both Datarails and Zone & Co exemplify the growing trend of AI and data-driven solutions in the financial sector. Their success highlights the increasing demand for tools that can streamline financial processes, provide advanced analytics, and offer AI-powered insights to support strategic decision-making.
As finance teams seek to become more strategic partners to their businesses, the adoption of these innovative technologies is likely to continue accelerating, reshaping the landscape of financial planning and analysis in the coming years.
Sure and Klear AI, two innovative tech companies, have been featured on the prestigious 2024 Inc. 5000 list, recognizing their rapid growth and significant contributions to the American business landscape.
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Datadog and PAR Technology, two prominent tech companies, have released their second quarter 2024 financial results, showcasing significant growth and performance improvements.
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Workday has been positioned as a Leader in the 2024 Gartner Magic Quadrant for Financial Planning Software for the third consecutive year, showcasing its AI-driven enterprise planning solutions and strong customer satisfaction.
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KeyBanc Capital Markets and Sapphire Ventures' 15th annual Private SaaS Company Survey shows a continued focus on efficiency and profitability, with AI and economic optimism driving future growth expectations.
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