Monday 2nd December

When a company grows rapidly at a time when many others are pulling in their horns, they must be onto something good. And that something good is much in evidence at Reading based FISCAL Technologies. The company has joined that group of technology companies at the forefront of sustained growth in the country, by gaining a place in the 2013 Deloitte Technology Fast 50 (a ranking of the 50 fastest-growing technology companies in the UK). Rankings are based on percentage revenue growth over five years, during which time FISCAL grew 487%.

FISCAL’S CEO David Griffiths credits a winning technology proposition which resonates with customers coping with the pressures of the recession and an increase in fraud, for the company’s strong revenue growth over the past five years. He said, "We are delighted to have been included in this year’s Deloitte Fast 50 Ranking. What makes it even more meaningful to us is the fact that we have been able to achieve this through organic growth, without the help of external financing.  This testifies not only to the perseverance and focus of our talented staff, but also to careful management of the bottom line."

David Halstead, Partner leading the Deloitte Technology Fast 50, said: “The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector.”
The awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years. This year’s ranking highlights the importance of finding a specialist, solution-oriented product or service to help organisations beat the challenging economic climate.

Of course, sustained growth usually means an expanding team to manage the demand and the same is true of FISCAL which in terms of staff, has also grown rapidly over the same five year period. At the moment the company has four jobs going - including one for an AP Training Specialist, a role which spans in-depth accounts payable knowledge, ease with the associated technology and a first-class approach to delivering exceptional service to organisations needing advice and the benefits of expert knowledge.