Top 15 Compliance companies by revenue in 2023

by Nicolae Buldumac
· 21/11/2023 09:40 · 5-7 min read
Top 15 Compliance companies by revenue in 2023

In today's dynamic business landscape, regulatory compliance has become a cornerstone of corporate operations. Companies worldwide are navigating a complex web of regulations and standards, making compliance a top priority. Whether it's data protection, financial regulations, environmental standards, or cybersecurity requirements, adhering to these rules is not just about staying on the right side of the law; it's about safeguarding reputation, trust, and market presence. 

As we venture into 2023, compliance has never been more crucial, and the companies leading the way in this field have taken center stage. These organizations, with their innovative solutions and unwavering commitment to ensuring regulatory adherence, are shaping the future of corporate governance. 

 

1. KPMG Compliance Consulting ($36B) 

KPMG is a global leader in professional services and the fastest-growing Big Four accounting firm in the United States. With over 75 offices and more than 40,000 employees and partners across the country, KPMG is at the forefront of industry innovation. Their substantial size and strength enable them to be agile and responsive to evolving trends. 

 

2. ADP SmartCompliance ($18B) 

This company designs innovative solutions to enhance work environments through cutting-edge products, premium services, and exceptional experiences, enabling individuals to reach their full potential. Specializing in HR, talent management, time management, benefits, and payroll, their offerings are data-driven and people-focused. 

 

3. Boston Consulting Group ($12.3B) 

Boston Consulting Group (BCG) is a renowned global consulting firm that collaborates with business and societal leaders to address their most pressing challenges and seize significant opportunities. Their success is founded on a culture of extensive collaboration and a diverse global community dedicated to continual improvement and positive impact. 

 

4. Protiviti ($1.3B) 

Protiviti is a global consulting firm known for its deep expertise, objective insights, tailored approach, and unparalleled collaboration. Protiviti helps leaders confidently navigate the future by addressing critical business challenges in technology, business processes, analytics, risk, compliance, transactions, and internal audit. 

 

5. Avalara ($0.78B) 

Avalara simplifies and accelerates tax compliance for over 30,000 businesses and government customers across more than 90 countries. Their tax compliance automation software integrates with over 1,200 leading ecommerce, ERP, and billing systems to provide accurate tax calculations, efficient document management, seamless tax return filing, and comprehensive tax content access. 

 

6. Justworks ($982M) 

Justworks simplifies business growth and removes uncertainties by combining a user-friendly platform with exceptional 24/7 customer service and the capabilities of a Professional Employer Organization (PEO). This allows teams to focus on what truly matters. With Justworks, businesses gain access to corporate-level benefits, seamless payroll, HR tools, and compliance support—all in one convenient platform. 

 

7. Workiva ($630M) 

Workiva: Facilitating Transparent Reporting for a Better World 

Workiva is a company with a mission to enable transparent reporting for the betterment of society. They have developed and provide the world's leading cloud platform for comprehensive integrated reporting, catering to the growing demands from stakeholders for greater transparency and disclosure of both financial and non-financial data. What sets Workiva apart is their unique unified Software as a Service (SaaS) platform, which seamlessly combines financial reporting, Environmental, Social, and Governance (ESG) reporting, and Governance, Risk, and Compliance (GRC) into one controlled, secure, and audit-ready platform. Their platform simplifies the complexities often associated with reporting and disclosure by streamlining processes, fostering collaboration between teams, and ensuring consistency in reporting standards. 

 

8. G-P/Globalization Partners ($300M) 

G-P is committed to creating growth opportunities for everyone, everywhere, through what they call the democratization of opportunity. By pioneering the global Employer of Record model, G-P makes it easier to build and empower global teams, fostering a new kind of shared global success. 

 

9. AuditBoard ($200M) 

AuditBoard was founded on the belief that managing enterprise, assurance, and compliance risk shouldn't be manual. By freeing teams from administrative tasks, they can create more business value. This powerful idea led to the development of AuditBoard's top-rated solutions and the creation of a modern connected risk platform. AuditBoard is at the forefront of transforming risk professions, closing resiliency gaps, and elevating audit, risk, and compliance teams to a more strategic and influential role within their organizations. 

 

10. Ketch ($50M) 

Ketch empowers businesses and platforms to build consumer trust and drive growth through effective data management. The Ketch Data Permissioning Platform is an integrated suite of applications, infrastructure, and APIs that reduces the cost and complexity of privacy operations, enabling the use of responsibly gathered data for enhanced customer engagement and increased revenue. 

 

11. Kiteworks ($33.3M) 

Kiteworks aims to empower organizations to manage risk effectively in every instance of sending, sharing, receiving, and saving sensitive content. Their platform delivers comprehensive content governance, compliance, and protection. By unifying, tracking, controlling, and securing sensitive content throughout its lifecycle within, into, and out of organizations, Kiteworks significantly enhances risk management and ensures regulatory compliance in all sensitive content communications. 

 

12. Tigera ($14.4M) 

Tigera offers secure networking and robust protection for containers and Kubernetes environments. As the creator and maintainer of Calico Open Source, the most widely used container networking and security solution, Tigera powers over 100 million containers across more than 8 million nodes in 166 countries. Calico is supported by all major cloud providers and Kubernetes distributions, making it a trusted solution globally. 

 

13. DataGrail ($9.2M) 

DataGrail envisions a world where individuals have control over their privacy and identity. They are dedicated to developing a privacy platform that modern brands rely on to foster customer trust and transparency. DataGrail simplifies the complexities of data privacy, assisting brands in establishing effective privacy programs. Their user-friendly platform automates and scales privacy efforts, ensuring compliance with regulations such as GDPR, CCPA, and CPRA. With over 2000 pre-built connections to popular apps and infrastructure, the DataGrail Integrations Network stands as the first of its kind, detecting shadow IT that may contain personal data and ensuring accurate data discovery. 

 

14. HSI Donesafe ($9M) 

HSI Donesafe stands as the rapidly expanding cloud-based safety platform, meticulously crafted with users at the forefront. It aids organizations in adhering to legislation and bolstering their safety culture effortlessly, alleviating common headaches associated with compliance. 

 

15. Privacera ($4.8M) 

Privacera enables data democratization while ensuring compliance through data access control, data discovery, and encryption. It helps organizations adhere to regulations such as GDPR, CCPA, LGPD, and HIPAA, all while maximizing usability for data science and analytics teams. 

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