billwerk is one of the fastest growing technology companies in Germany
With a growth rate of 320,68 percent, billwerk places 29th in the Deloitte Technology Fast 50 2021.
Frankfurt am Main, November 19th 2021 – billwerk received the Deloitte Technology Fast 50 Award yesterday evening and reached the 29th place. With the award, Deloitte honors the 50 fastest growing champions in the tech industry, based on their percentage sales growth over the past four fiscal years. Within this period, billwerk achieved growth of 320,68 percent. The key to this success was the subscription management platform, which was developed in-house and is geared to the functional needs and regulatory requirements of European subscription service providers in the midmarket and enterprise segment.
Today, 6 years after it was founded, billwerk is the European market leader for subscription management solutions. . In particular, companies in the midmarket as well as large enterprises and fast-growing startups benefit from the solution. The platform is used in all growth industries with digital, collaborative or circular business models in which service provision and the underlying service agreements must be automated, efficiently and reliably controlled and billed on a recurring or consumption-based basis.
billwerk helps to significantly reduce process costs & efforts and supports subscription service providers in optimising scalability – and as an essential part of financial accounting, all in compliance with regulatory requirements in Germany and the EU.
Dr Ricco Deutscher, CEO and Co-Founder of billwerk, is delighted to have been recognised for his company’s performance at the prestigious Technology Fast 50 Awards. He says: “We are proud of being one of the 50 fastest growing technology companies in Germany. billwerk represents innovation ‘Made in Germany’ and thus represents Germany as a future location in Europe and around the world. With its stable and strong growth, billwerk is a reliable and sustainable partner.”
“While digital technologies were still a nice-to-have a few years ago, the picture is now very different: digital technologies are now indispensable to the majority of companies because they make companies fit for the future and provide them with innovative tools to successfully meet the challenges of our time,” says Dr. Andreas Gentner, Partner and Industry Lead Technology, Media and Telecommunications at Deloitte.
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billwerk was founded in 2015 by Dr. Ricco Deutscher and his Co-Founders. With its subscription management platform, billwerk reliably provides a significant part of the digital value chain for recurring business models. Today billwerk employs more than 70 employees across its headquarters in Frankfurt, Germany, and offices in Minsk, Belarus and Gdansk, Poland. Its subscription management platform is currently used by several hundred midsize and enterprise customers as well as fast expanding start-ups across Germany, Switzerland and France, with a growing presence in other European regions including the Nordics and Benelux.
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