CEO Matt Rissell attributes 681+ percent annual revenue growth to a disruptive product that solves true small business problems and by placing a major focus on customer experience.
Boise, Idaho November 16, 2016
TSheets, the top rated and requested employee time tracking and scheduling app, has seen explosive national and global expansion over the past four years, earning a spot on Deloitte‘s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America. TSheets has grown 681.6 percent since 2012, serving more than 20,000 businesses across 100+ countries — and the company shows no signs of slowing down.
TSheets' chief executive officer, Matt Rissell, credits TSheets’ 100 percent year-over-year revenue growth to their employee centric product and philosophy. TSheets’ slogan is “We Employees,” and for good reason. Not only are they dedicated to becoming the #1 employee rated and requested time tracking and scheduling solution on the planet — and are currently the #1 globally rated app on Intuit’s apps.com — but they believe that TSheets should be easy and fun for the people who actually use it — the employees. That mindset intrinsically extends to TSheets’ internal employees as well, contributing to the company’s growth.
“We have some of the most talented, motivated, and skilled employees in the world,” said Rissell, “and we've attracted them to our headquarters right here to ‘rural‘ Idaho. Our growth and disruption within our industry is proof that a tech company can not only survive but thrive outside of Silicon Valley. We've combined Boise’s incomparable quality of life with a strong company culture in an effort to inspire creativity, innovation, collaboration, and of course fun among our team members. The result is a time tracking and scheduling company hell-bent on changing the way small businesses schedule & track employee time for payroll -- and business owners, accountants and managers are clamoring to be a part of that.”
Fortunately, world changers are just what Deloitte is looking for.
”Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible,“ said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. “This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls.”
“This year’s Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors.”
TSheets is quickly making paper timesheets obsolete. With go-anywhere, cloud-based timesheets that integrate with top accounting and payroll software, TSheets gives employees and employers (plus their accountants and payroll managers) in 100+ countries mobile, flexible tools to track what happens at the office and in the field. TSheets also helps business owners prepare for the new 2016 overtime regulations and with FLSA compliance by ensuring accurate hours for payroll, providing an easily accessible audit log, giving business owners overtime management tools, and providing resources to help business owners navigate these complicated regulations.
About Deloitte’s 2016 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences 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 2012 to 2015.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.Back to Resource Center