Apex Software Technologies, LLC. Strengths, Domain Expertise, and Key Differentiators
Apex HCM is a market leader in licensing cloud-based payroll, benefits and HR technology. Their highly customizable and comprehensive suite of products and services include payroll & tax, time & attendance, benefits enrollment, ACA, human resources, mobile apps, reports & analytics, employee onboarding, applicant tracking and other business management tools normally reserved for large enterprises. The Apex HCM Payroll Solutions platform scales for any size business while delivering features for streamlining workflows, improving customer service and increasing revenue and profitability. Apex’s easy to use, anytime, from any device, payroll solutions are one and done. With features like real-time pre-processing and processing, once a client completes their payroll, the checks and reports are ready.
Apex Software Technologies, LLC. Recent Developments
In April 2020, Apex HCM joins with Xero to boost corporate payroll. Xero, along with Carr, Riggs, and Ingram CPAs and Advisors (CRI), a large national accounting firm, worked with Apex HCM in developing the partnership that provides payroll service bureaus an enhanced GL integration experience and capabilities to accounting firms across the country.
In May 2019, Apex HCM launched Next generation mobile app, MyGO, for both iPhone and Android phone users. The app is aimed at providing employees the ability to “self-serve,” or access their Human Resource and Payroll information at their convenience from the palm of their hand.
Apex Software Technologies, LLC. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Apex Software Technologies, LLC. 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 Apex Software Technologies, LLC. 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 Apex HCM customers.
Apex Software Technologies, LLC. Overview
Ownership: - x
Number of Employees: 70
Functional Markets: HCM,
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Apex Software Technologies, LLC. Key Enterprise and Cloud Applications
Apex Software Technologies, LLC. Revenues, $M:
|Type/Year||2020||2021||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.
Apex Software Technologies, LLC. Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Apex Software Technologies, LLC. Enterprise Applications Revenues By Functional Markets, $M:
Apex Software Technologies, LLC. Enterprise Applications Revenues By Verticals, $M:
Apex Software Technologies, LLC. Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Apex Software Technologies, LLC. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Apex Software Technologies, LLC. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Apex Software Technologies, LLC. Customers: 300
No. of Apex Software Technologies, LLC. Enterprise Applications Customers: 300
No. of Apex Software Technologies, LLC. Cloud Customers: x
No. of Apex Software Technologies, LLC. Cloud Subscribers: x
Over 300 payroll service bureaus use Apex HCM to process payroll for tens of thousands of employers nationwide.
Apex Software Technologies, LLC. Market Opportunities, M&A and Geo Expansions
In January 2020, Apex HCM launched a new version of Employer OnDemand and moved to Microsoft Azure Cloud. The new capabilities introduced in the release and adoption of Microsoft Azure enable higher productivity, increased reliability, improved performance, and provides additional browser choices to the end user.
Apex Software Technologies, LLC. Risks and Challenges
HCM is a highly competitive market.
Apex Software Technologies, LLC. Ecosystem, Partners, Resellers and SI
Apex HCM technology seamlessly integrates with numerous strategic partners. Among Apex partners are: Employee Navigator, Print Management Partners, National Crime Search, Netspend, Ubiquity, Payroll Tax Management, Kotapay, Natpay, Berkshire Hathaway Insurance Companies, Swipeclock, Industry Newsletters, AP Intego, The Hartford, PosterElite, Mammoth and others.
Apex Software Technologies, LLC. Cloud Infrastructure Insights
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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).
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