BQE Software Strengths, Domain Expertise, and Key Differentiators
BQE Software is a developer of practice management software tailored for professional services firms. The company's product portfolio, which includes BQE Core, BQE BillQuick, BQE ArchiOffice, and BQE EngineerOffice, serves to centralize and streamline the process by which firms input and utilize information for time tracking, billing, project management, and accounting. The latest annual upgrade incorporates over 80 new features strategically crafted to assist professional services firms in saving valuable time and enhancing productivity by automating redundant accounting and project management tasks.
In November 2020, BQE Software introduced CORE CRM to complement its existing lineup. This user-friendly solution features a clean and intuitive interface, seamlessly integrating with the entire BQE CORE platform.
BQE Software Recent Developments
In March 2023, BQE Software revealed the appointment of Ryan Powers as the Chief Technology Officer. In this capacity, Powers spearheads the product technology division at BQE Software, prioritizing the establishment of a scalable architecture, robust infrastructure, and enhanced security measures. His primary goal is to deliver innovative technology solutions for BQE's clientele. A seasoned software executive, Powers transitioned to BQE from his prior position as VP of Development at Oracle, where he played a pivotal role in scaling the business to a significant magnitude. His journey commenced as the Senior VP of Technology at Textura, encompassing responsibilities such as development, quality assurance, technical support, product management, enterprise architecture, and cloud operations across the entire Textura product suite.
In the latter part of 2021, BQE Software underwent significant leadership changes, with Victor Limongelli assuming the role of CEO, Arvind Sharma as CTO, Austin Miller as CMO, and Matt Cooper as CRO.
In 2019, BQE Software introduced Core HR, a novel module within BQE Core offering features such as benefit tracking, salary history monitoring, employee journaling, incident tracking, certification management, awards tracking, paid time off, and employee reviews.
BQE Software has unveiled its newest integrated software, BQE Core for Professional Services Firms. The company offers a Business Management and Accounting Application that streamlines day-to-day business processes and enhances overall performance.
BQE Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying BQE Software 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 BQE Software 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 BQE Core, BQE BillQuick, customers.
BQE Software Overview
Ownership: - x
Number of Employees: 270
Functional Market: Task Management, Time and Attendance, Core HR, Benefits Administration, Performance Management, Compensation,
Key Verticals: Professional Services,
BQE Software Key Cloud and HCM Applications
BQE Core, BQE BillQuick,
BQE Software HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
BQE Software Revenue Breakdown by Type:
BQE Software HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
BQE Software HCM Applications Revenues By Verticals, $M:
BQE Software Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
BQE Software Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
BQE Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified BQE Software Customers
No. of BQE Software Customers: x
No. of BQE Software HCM Applications Customers: x
No. of BQE Software Cloud HCM Customers: x
No. of BQE Software Cloud HCM Subscribers: x
BQE Software, a globally recognized provider of time billing applications, enjoys the trust of over 400,000 users worldwide, including prominent professionals such as architects, engineers, accountants, attorneys, and consultants. Noteworthy clients in BQE Software's portfolio include iT Architecture, The W2 Group, GCG Associates, One LLP, Townsends Business & Corporate Lawyers, Litigation Insights, and Pacific Groundwater Group, among others.
BQE Software Market Opportunities, M&A and Geo Expansions
In May 2023, BQE Software seized a significant opportunity with the appointment of its new Chief Executive Officer, Matt Cooper. Cooper brings a fresh perspective aimed at propelling BQE Software's sustained growth and innovation. With a notable history of collaborating with numerous software companies, many catering to small and medium businesses, Cooper has demonstrated expertise in identifying and delivering value to customers. Assuming the role of CEO at BQE Software, he is set to spearhead the company's next phase of expansion with a keen focus on delivering an exceptional customer experience. Leveraging his proven ability to drive innovation, forge strategic partnerships, and optimize operational efficiency, Cooper is well-equipped to harness the vast market potential of BQE Software's comprehensive business management solutions.
In March 2021, BQE Software secured a substantial investment from Serent Capital, a growth-focused private equity firm specializing in investments in technology and tech-enabled software companies.
BQE Software has introduced Core Intelligence, an Artificial Intelligence tool enabling users to engage in human-like conversations with their business software. This innovative tool facilitates the extraction of actionable insights about the company and the execution of work-related tasks. BQE Software maintains a strategic focus on timely billing and accounting solutions tailored for professional services firms.
In March 2018, BQE introduced Gantt charts to its BQE Core cloud-based business management platform. The incorporation of Gantt charts aims to enhance efficiency and project profitability for professionals and their clients by facilitating improved organization and management of activities, resources, and timelines. Within BQE Core, the Gantt charts serve as a visual tool depicting various project components, enabling managers and end-users to swiftly comprehend information such as task assignees, task completion timelines, and the interrelation of tasks within the broader project context. This feature provides users with visibility into resource availability during project planning.
BQE Software Risks and Challenges
In the latter part of 2021, reports surfaced regarding a vulnerability identified in several iterations of BQE Software's time and billing system, BillQuick Web Suite. This vulnerability potentially provides unauthorized access to hackers, enabling them to execute ransomware attacks.
BQE Software Ecosystem, Partners, Resellers and SI
In November 2020, BQE Software established a strategic partnership with AffiniPay. Through this collaboration, customers of BQE CORE gain access to AffiniPay's premier payment solutions, offering professional firms a convenient, secure, and contemporary method for accepting credit cards and eChecks from their clients.
Mainly relies on direct sales with support from the partner ecosystem.
BQE Software Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- BQE Software Public Cloud and Infrastructure (IaaS)
- BQE Software Platform (PaaS)
- BQE Software Application Delivery
- BQE Software Private Cloud and Data Centers
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:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
