AccountsIQ Wins Deloitte Technology Fast 50 Ranking (Fast Growing Tech Companies)
AccountsIQ attributes its growth to continual product innovation
AccountsIQ, the Cloud-based Financial Management software company, has been awarded a ranking (21) in the 2018 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. The award is based on average percentage revenue growth over four years and AccountsIQ have now ranked in the Fast 50 for the fourth consecutive year.
AccountsIQ’s CEO, Tony Connolly, credits the company’s growth to continual focus on product innovation.
We are thrilled that AccountsIQ have ranked for the fourth year running, as one of the fastest growing technology companies in Ireland. This tops off a fantastic year for AccountsIQ having recently been awarded the UK's Enterprise Accounting Software of the Year 2018. We have added a lot of new customers, and we are on course to achieve 45% revenue growth in 2018.”
AccountsIQ continually invests in product development, Connolly explains: “AccountsIQ have a strong commitment to product innovation and also to listening to our customers, getting their collaboration and feedback in making AccountsIQ the great product it is. There has been huge uptake of cloud solutions in the last few years and we are very thankful so many companies are seeing the advantage of cloud and adopting our platform.”
Connolly continues, “We are in such good company in the Fast 50, with dynamic growing companies like Spearline Labs, SilverCloud Health and XSellco who took the top spot this year, all using AccountsIQ. These high-growth tech companies are great examples of the sort of clients adopting AccountsIQ, who need the functionality, sophistication and scalability to handle the rapid growth they are experiencing. AccountsIQ has always enjoyed a unique position in the technology sector as being a great fit for fast-growing businesses, particularly as they expand internationally."
“We plan to capitalise on the trend towards cloud solutions and have significant growth plans for 2019. We are investing in expanding our team in all areas. We feel passionately that delighting customers helps underpin growth and therefore customer success is a key focus of this investment. Our recent accolade of Enterprise Accounting Software of the Year 2018, beating big brands like Sage, SAP and Exact, was mainly due to user voting, so customer satisfaction is core to our values and will continue to be a central theme as we grow”.
About the Deloitte Technology Fast 50 Award
The awards, now in their 19th year, rank Ireland’s fastest growing technology companies and recognises indigenous technology companies that have demonstrated exceptional growth in turnover in the last four years. The Fast 50 programme is recognised as a barometer of a company’s success and provides it with a hugely valued, respected and marketable, public ‘badge of honour’.
Cumulatively, the 2018 Fast 50 winners generated approximately €2.5 billion in total annual revenues in 2017. The average revenue of companies featured in the ranking was approximately €50 million, while the average growth rate of the companies over the last four years was 373%.
The Deloitte Technology Fast 50 Awards took place in Dublin on 2 November 2018.
Details of the final Technology Fast 50 ranking list are available to download at www.fast50.ie.
Built for the cloud, accounting software from AccountsIQ with a powerful General Ledger at its core, makes advanced financial analysis affordable for mid-sized organisations worldwide.
Its unique way of producing consolidation reports in real time makes AccountsIQ an obvious choice for multi-entity businesses. AccountsIQ’s ability to integrate with other applications allows customers to join up processes and information business-wide and replaces legacy accounting software.
AccountsIQ was recently awarded Enterprise Accounting Software of the Year 2018 in the UK, by Accounting Excellence’s expert judging panel. The award was based on customer feedback on the product; rating functionality, ease of use, quality of support and value for money.
Launched in 2008, AccountsIQ now supports over 25,000 users in over 40 countries. This year, AccountsIQ celebrates ranking for the fourth year in a row in the Deloitte Fast 50 high growth index and has also won a ranking in Deloitte Technology’s Fast 500 EMEA.
Headquartered in Dublin, Ireland, AccountsIQ’s main commercial office is in London with a services team spanning Europe, the Americas and Australia.