Motus Recognized by Deloitte as One of the Fastest Growing Companies in North America

The Definitive Leader in Mobile Workforce Management Ranked No. 245 on Deloitte’s 2019 Technology Fast 500™

BOSTON, Mass., November 7, 2019 – Motus, the definitive leader in reimbursement solutions for businesses with mobile-enabled workforces, today announced it was recognized in Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy technology companies in North America. An industry benchmark, the ranking placed Motus at number 245 on the 2019 list with 448 percent revenue growth.

“It takes passion, dedication and a great amount of innovation to join the ranks of such an elite group of companies. Our team lives those qualities every day,” said Craig Powell, CEO of Motus. “We’re truly honored to be recognized not only as one of the fastest-growing technology companies in North America, but also as a disruptor in the industry. Our team is more motivated than ever to continue driving innovation for the mobile-enabled workforce. We’re excited to see where this innovation takes us and the industry as a whole.”

Along with its dedicated team, Motus credits its growth to a successful customer integration and transition to its cutting-edge SaaS platform following the acquisition of Runzheimer. The combined scale of two world-class companies enabled Motus to invest in forward-looking applications and create a new standard for vehicle reimbursement and mobile-enabled workforce management. As the next stage of its strategic vision, Motus recently extended its expertise to reimbursement for mobile devices, the most prolific mixed-use assets. This extension comes as more mobile-enabled workers than ever before use personal devices for business purposes. Motus is helping organizations avoid unintended risk in today’s landscape of ever-evolving labor laws by extending its reimbursement platform to another class of mixed-use assets.

“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”

“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”

 

About Deloitte’s 2019 Technology Fast 500™

Now in its 25th year, 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 2015 to 2018.

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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

 

About Deloitte

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.

 

About Motus

Motus is the definitive leader in solutions for businesses with mobile-enabled workers and fleets of any size. The Motus technology platform simplifies both mileage and mobile device reimbursement with proprietary software that calculates personalized and compliant reimbursements for each employee, while improving employee productivity and reducing the overall costs of mobility. The company’s deep insights, captured across the world’s largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more information please visit www.motus.com or connect with us on TwitterFacebook, Instagram or LinkedIn.

The Author

Motus

Motus is the definitive leader in solutions for businesses with mobile-enabled workers and fleets of any size. The Motus technology platform simplifies both mileage and mobile device reimbursement with proprietary software that calculates personalized and compliant reimbursements for each employee while improving employee productivity and reducing the overall costs of mobility. The company’s deep insights, captured across the world’s largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more information please visit www.motus.com or connect with us on Twitter, Facebook, Instagram or LinkedIn.

Read more by Motus

Loved it?

Share it!

Subscribe!