HireRight Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

HireRight Strengths, Domain Expertise, and Key Differentiators

HireRight stands out in the market due to its comprehensive range of screening solutions. Its ability to deliver global employment background checks, drug testing, education verification, and E-Verify solutions distinguishes it from competitors. The company's focus on tailoring these solutions to meet the unique needs of each employer further enhances its competitive edge. With years of experience in the field of employment background checks and workforce solutions, HireRight has developed deep domain expertise. This expertise enables the company to understand the complexities of hiring and vetting processes across different industries and regions, allowing it to provide effective solutions and guidance to its clients. HireRight offers a robust product portfolio that covers various aspects of the hiring and screening process. From background checks to drug testing and education verification, HireRight provides a comprehensive suite of services to help employers make informed hiring decisions. The company's diverse product offerings cater to the needs of organizations of all sizes and industries.

HireRight Recent Developments

In 2023, HireRight launched Global Digital Identity Solution Global ID, which marks a significant development in the realm of background screening services and workforce solutions. In an era where identity theft and fraud are prevalent concerns, especially with the increasing trend of remote work and onboarding, the introduction of Global ID addresses a critical need for robust identity verification measures. This innovative solution not only enhances security measures but also aligns with the evolving dynamics of the workforce, where remote work arrangements are increasingly common. By offering a comprehensive and user-friendly identity verification solution, HireRight aims to provide peace of mind to employers while ensuring a seamless experience for candidates worldwide.

HireRight has launched a range of Electronic Medical Questionnaire templates embedded within its Applicant Center to offer a streamlined customer and candidate experience. These questionnaire options embedded within HireRight’s Applicant Center for U.S. customers focus on four areas: vaccination history, including COVID-19 vaccination, tuberculosis exposure, and respirator guidelines as defined by the Occupational Safety and Health Administration (OSHA). The Vaccination History Questionnaire allows employers to receive candidate or employee vaccination records quickly and conveniently. Information is collected for the following types of vaccines: MMR, Varicella, Tdap, Flu, Hepatitis A and Hepatitis B. Designated fields record vaccination date; participants can upload capabilities for proof of vaccination.

HireRight Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HireRight 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 HireRight 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 HireRight Screening Manager, HireRight Applicant Center, HireRight Connect, backgroundchecks.com customers.

HireRight Key Cloud and HCM Applications

HireRight Screening Manager, HireRight Applicant Center, HireRight Connect, backgroundchecks.com

HireRight 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.

HireRight Revenue Breakdown by Type:

HireRight 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
Core HR and Performance Management	Benefits Administration	Subscribe	Subscribe
	Compliance	Subscribe	Subscribe
	Core HR and Personnel Management	Subscribe	Subscribe
	Payroll	Subscribe	Subscribe
	Pension Administration	Subscribe	Subscribe
	Compensation Management	Subscribe	Subscribe
	Learning and Development	Subscribe	Subscribe
	Performance and Goal Management	Subscribe	Subscribe
	Succession and Leadership Planning	Subscribe	Subscribe
Talent Acquisition	Applicant Tracking Systems	Subscribe	Subscribe
	Contingent Labor Management	Subscribe	Subscribe
	Candidate Relationship Management	Subscribe	Subscribe
	Onboarding	Subscribe	Subscribe
	Recruiting	Subscribe	Subscribe
	Sourcing	Subscribe	Subscribe
Workforce Management	Absence and Leave Management	Subscribe	Subscribe
	Fatigue Management	Subscribe	Subscribe
	Task Management	Subscribe	Subscribe
	Time and Attendance	Subscribe	Subscribe
	Time Clock (Hardware)	Subscribe	Subscribe
	Workforce Scheduling	Subscribe	Subscribe
	Workforce Analytics	Subscribe	Subscribe

HireRight HCM Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2023 HCM Apps Revenues, By Verticals, $M
Aerospace and Defense	Subscribe	Subscribe
Automotive	Subscribe	Subscribe
Banking and Financial Services	Subscribe	Subscribe
Communication	Subscribe	Subscribe
Construction and Real Estate	Subscribe	Subscribe
Consumer Packaged Goods	Subscribe	Subscribe
Distribution	Subscribe	Subscribe
Education	Subscribe	Subscribe
Government	Subscribe	Subscribe
Healthcare	Subscribe	Subscribe
Insurance	Subscribe	Subscribe
Leisure and Hospitality	Subscribe	Subscribe
Life Sciences	Subscribe	Subscribe
Manufacturing	Subscribe	Subscribe
Media	Subscribe	Subscribe
Non Profit	Subscribe	Subscribe
Oil, Gas and Chemicals	Subscribe	Subscribe
Professional Services	Subscribe	Subscribe
Retail	Subscribe	Subscribe
Transportation	Subscribe	Subscribe
Utilites	Subscribe	Subscribe
Total	Subscribe	Subscribe

HireRight 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

HireRight Direct vs Indirect sales

Region	Direct Sales	Indirect Sales	Total
Type %	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe

HireRight Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified HireRight Customers

No. of HireRight Customers: 38000

No. of HireRight HCM Applications Customers: 38000

No. of HireRight Cloud HCM Customers: x

No. of HireRight Cloud HCM Subscribers: x

HireRight's expansive clientele encompasses over 38,000 customers, a testament to its unwavering commitment to excellence and customer satisfaction. Notably, HireRight boasts an impressive roster of Fortune 100 companies, with 70% of these industry giants relying on its services for their screening needs. Spanning across the globe, HireRight's customer base is geographically diverse, with a strong presence in regions including the United States, Canada, Europe, Asia Pacific, Africa, Latin America, and the Middle East.

HireRight Market Opportunities, M&A and Geo Expansions

The acquisition of HireRight not only solidifies its position in the market but also opens up new avenues for growth and expansion. On the horizontal level, HireRight can diversify its product offerings, penetrate new industries, and cater to evolving customer needs. Vertical integration allows HireRight to deepen its presence in key sectors such as healthcare, finance, and technology. Moreover, with the backing of seasoned investors, HireRight can explore opportunities in untapped regions, fueling its global expansion strategy. The acquisition of HireRight by General Atlantic and Stone Point Capital signifies a pivotal moment in the journey toward digital transformation and innovation in the IT industry. HireRight is poised to unlock new opportunities, drive value for its clients, and shape the future of employment screening and workforce solutions on a global scale. As the digital landscape continues to evolve, strategic partnerships and investments will play a crucial role in driving growth.

HireRight Risks and Challenges

Moreover, with the proliferation of cyber threats, data breaches loom as a constant menace. HireRight must fortify its cybersecurity measures to safeguard sensitive information, particularly as it expands its digital footprint through cloud-based solutions and IoT integration. Implementing stringent security protocols, conducting regular audits, and staying abreast of emerging threats is imperative to mitigate these risks.

HireRight Ecosystem, Partners, Resellers and SI

HireRight's establishment of a legally incorporated subsidiary in Mexico marks a significant milestone in its global journey. This strategic initiative reflects the company's proactive approach to meeting the evolving needs of its clientele, particularly in the burgeoning Latin American market. By establishing a localized presence, HireRight demonstrates its dedication to providing tailored solutions and fostering stronger connections with customers across borders.

HireRight and GryphonHR's collaboration exemplifies the power of ecosystem integration in driving value for stakeholders. By forging alliances with complementary solution providers, organizations can offer end-to-end offerings that address multifaceted business needs. Moreover, ecosystem partnerships foster network effects, amplifying the reach and impact of integrated solutions. As System Integrators and Value-Added Resellers converge to deliver holistic solutions, businesses stand to gain from the collective expertise and resources of diverse ecosystem players.

HireRight services reach more than 200 countries and territories around the globe. HireRight has an extended chain of Integration Partners and Solutions Partners including iCIMS, SAP Fieldglass, Fountain, ServiceNow, Workday, Jobvite, Avatar Management, Avature, Ceridian, Click Boarding, Cornerstone OnDemand, E&I Cooperative Services, Incentives Advisors, Paychex, and many more.

HireRight has U.S. offices in Irvine, Calif., Tulsa, Okla., Nashville, Tenn., Chapin, S.C., and Dallas, Texas, and international offices in Australia, Canada, Estonia, Hong Kong, India, Japan, Mexico, the Philippines, Poland, Singapore, the UAE, and the UK.

HireRight Cloud Platform (PaaS) and Infrastructure (IaaS) Details

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• HireRight Public Cloud and Infrastructure (IaaS)
• HireRight Platform (PaaS)
• HireRight Application Delivery
• HireRight 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:

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