Mississippi-based BankTEL Systems Ranked in the Top 500 Fastest Growing Companies in North America on Deloitte’s 2014 Technology Fast 500™
Ranking attributes 143.8% revenue growth to innovative software backed by exceptional client service and support
Columbus, MS,— Today, BankTEL Systems, based in Columbus, Mississippi, announced it has been ranked 483rd on Deloitte’s 2014 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. BankTEL grew 143.8 percent during this time period.
BankTEL’s Vice President of Marketing and Sales, Boyce E. Adams, Jr., credits innovative software and exceptional service and support with the company’s near 144% revenue growth. “We are honored to be recognized as one of the country’s fastest growing technology companies,” Adams said. “Over our 22 years in business, we have seen steady revenue growth and have added clients both in the U.S. and internationally. Our corporate philosophy remains focused on developing software that uses automation to increase efficiencies and reduce costs for financial institutions.”
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013. 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 $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
Founded in 1992, BankTEL helps more than 1,400 clients in all 50 states and multiple international locations cut costs, increase deposits, and automate their internal processes. With the core values in cost-effective software and client service, BankTEL is able to offer top notch support and product offerings that fit the needs of our clients. With more than 20 years of serving financial institutions, BankTEL Systems has become one of the premier providers of financial accounting and cash management software applications. For more information about BankTEL, visit www.banktel.com.