HRM Software AB Strengths, Domain Expertise, and Key Differentiators
HRM Software AB is a leading provider of advanced software solutions designed to help organizations effectively plan, manage, and develop their most valuable asset—their employees. With a strong focus on innovation and user-centricity, the company delivers cutting-edge HR and payroll solutions that leverage modern technology to streamline processes and improve efficiency.
By supporting critical HR functions, HRM Software AB plays a key role in enhancing organizational competitiveness and operational excellence. As part of the renowned Simonsson Group, the company benefits from strong industry connections and extensive expertise, solidifying its position as a trusted leader in the Scandinavian market.
HRM Software AB Recent Developments
HRM Software AB continues to enhance its HRM system, introducing new functionalities that improve efficiency and collaboration within organizations. A key advancement includes the seamless integration of important HR documents, such as employment contracts, employee interviews, and job descriptions. These documents are securely linked to individual employees, providing managers and employees with easy access to essential information. This development has strengthened data accessibility and workflow efficiency, fostering better organizational collaboration. The positive industry reception has further contributed to HRM Software AB’s revenue growth and profitability, reinforcing its position as a leader in HR and payroll solutions.
HRM Software AB Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HRM Software AB applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of HRM Software AB and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified HRM customers.
HRM Software AB Overview
Regementsgatan 9
Växjö, x, 352 36, Sweden
46 470-347350
https://www.hrmsoftware.se/
Ownership: - Simonssongruppen AB
Number of Employees: 70
Functional Markets: HCM,
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
HRM Software AB Key Enterprise and Cloud Applications
HRM
HRM Software AB Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
HRM Software AB Revenue Breakdown By Type, $M:
HRM Software AB Enterprise Applications Revenues By Functional Markets, $M:
HRM Software AB Enterprise Applications Revenues By Verticals, $M:
HRM Software AB Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
HRM Software AB Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
HRM Software AB Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified HRM Software AB Customers
No. of HRM Software AB Customers: 100
No. of HRM Software AB Enterprise Applications Customers: 100
No. of HRM Software AB Cloud Customers: x
No. of HRM Software AB Cloud Subscribers: x
HRM Software has established a solid customer base, serving renowned organizations in both the public and private sectors. Key customers include Swedish Courts, Gislaved Municipality, Uppsala Municipality, Folksam, Sandvik, Sweco, and Skanska, covering a vast employee count exceeding 100,000. Notably, in September 2020, HRM Software secured a significant long-term agreement with Gislaved Municipality, further strengthening its position in the market.
HRM Software AB Market Opportunities, M&A and Geo Expansions
In August 2024, HRM Software AB is preparing for a new chapter of growth and innovation with the appointment of Torbjörn Karlsson as its new CEO. Previously serving as Head of Digital Business & Industry at Södra, Torbjörn will officially take over as CEO on September 9, 2024, bringing extensive experience to drive the company’s strategic direction. HRM Software AB has been delivering effective solutions for over 20 years from its headquarters in Växjö. Currently, nearly 130,000 salaries are processed through its system each month. Looking ahead, the company is set to expand its offerings to provide even greater support for HR and payroll departments, ensuring that customers maximize the benefits of its solutions. This exciting phase of development, led by Torbjörn Karlsson and the dedicated team, presents a significant opportunity to strengthen HRM Software AB’s market position, enhance customer value, and drive long-term success.
In September 2020, HRM Software secured a substantial long-term agreement with Gislaved Municipality. The municipality sought a comprehensive HR process solution, and after careful consideration, they selected HRM Software as their preferred provider for HR and payroll services. The agreement, spanning an impressive 16 years, holds an estimated value of SEK 40 million, equivalent to approximately 4.5 million USD. This strategic collaboration further underscores HRM Software's ability to deliver robust and enduring solutions to meet the complex needs of discerning clients in the public sector.
HRM Software AB Risks and Challenges
While HRM Software is well-positioned for growth, it must be mindful of potential risks. Internally, the company may face challenges related to talent acquisition and retention, as competition in the HR technology space intensifies.
Additionally, evolving data privacy regulations and security concerns pose external risks that HRM Software must navigate effectively. Furthermore, go-to-market challenges such as effectively targeting and educating potential customers about the benefits of HRM Software's solutions need to be addressed.
HRM Software AB Ecosystem, Partners, Resellers and SI
HRM Software AB operates within a dynamic ecosystem designed to provide comprehensive HR and payroll solutions through direct customer engagement. By prioritizing a direct sales approach, the company fosters strong client relationships, ensuring personalized interactions and tailored implementations that align with specific business needs. This ecosystem allows HRM Software AB to deeply understand customer requirements, deliver innovative solutions, and enhance overall user experience. With a commitment to excellence, HRM Software AB continues to drive customer satisfaction and long-term value across its diverse client base.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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