Immedis, a UKG Company Strengths, Domain Expertise, and Key Differentiators
Immedis, backed by a strong foundation of international employment and mobility tax expertise, is a renowned provider of global payroll technology solutions. With a global footprint encompassing over 150 countries, Immedis' platform offers a unified view of global payroll operations, empowering organizations with real-time data analytics, advanced reporting capabilities, and unwavering compliance with legislative requirements and data security protocols. By seamlessly integrating with HCM and finance providers, Immedis simplifies the complexities associated with multi-country payroll obligations, resulting in streamlined and efficient processes.
In a notable achievement, Immedis recently obtained certifications from industry leaders Workday and Ultimate. These strategic partnerships have significantly facilitated data exchange between the Immedis Platform and leading HCM solutions. By eliminating deployment challenges and reducing costs, these integrations have paved the way for organizations to adopt and manage a consolidated global payroll seamlessly.
Moreover, in July 2021, Immedis unveiled Immedis Pay, an automated solution designed to enable organizations to efficiently handle cross-border payments to beneficiaries, including employees, tax authorities, and statutory third parties. Immedis Pay streamlines global payment processing, offering end-to-end automation throughout the payment cycle. The resulting automation efficiencies not only save time and reduce costs and risks but also enhance the overall employee experience. Immedis Pay ensures accurate and timely payments to beneficiaries across more than 200 countries and 145 currencies.
Immedis, a UKG Company Recent Developments
Immedis has been at the forefront of innovation in the global payroll space. In August 2021, the company unveiled the Immedis Platform updates, featuring a new Customer Portal Control Center. This enhancement provides organizations with a unified view of global payroll operations, empowering payroll teams with control over payroll processes and employee data management. Immedis aims to deliver a touchless global payroll experience, leveraging real-time data analytics and advanced reporting capabilities while ensuring legislative compliance and data security.
Immedis, a UKG Company Mergers and acquisitions (M&A) Activities
In June 2023, UKG announced a definitive agreement to acquire Immedis, a renowned global payroll provider offering comprehensive technology and services across 160 countries. This strategic acquisition is contingent upon fulfilling the necessary closing conditions and is anticipated to be finalized within a period of 60 days.
Immedis, a UKG Company Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Immedis, a UKG Company 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 Immedis, a UKG Company 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 Immedis Payroll Platform customers.
Immedis, a UKG Company Overview
Ownership: - x
Number of Employees: 374
Functional Market: Payroll,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Immedis, a UKG Company Key Cloud and HCM Applications
Immedis Payroll Platform
Immedis, a UKG Company 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.
Immedis, a UKG Company Revenue Breakdown by Type:
Immedis, a UKG Company 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 | |
Immedis, a UKG Company HCM Applications Revenues By Verticals, $M:
Immedis, a UKG Company 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 |
Immedis, a UKG Company Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Immedis, a UKG Company Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Immedis, a UKG Company Customers
No. of Immedis, a UKG Company Customers: x
No. of Immedis, a UKG Company HCM Applications Customers: x
No. of Immedis, a UKG Company Cloud HCM Customers: x
No. of Immedis, a UKG Company Cloud HCM Subscribers: 250000
Immedis boasts an impressive customer portfolio across diverse industry sectors. Some of its notable clients include McAfee, ESB International, Apex Fund Services, The New York Institute of Technology, Clinton Foundation, Wayfair, eSilicon, Linesight, Laureate, Abbvie, First Derivatives Plc, Franklin Templeton Investments, and Fexco, among others. This extensive customer base demonstrates Immedis' ability to cater to organizations of varying sizes and complexities.
Immedis, a UKG Company Market Opportunities, M&A and Geo Expansions
Immedis successfully secured a strategic investment of $50 million in December 2020, led by Lead Edge Capital. This significant funding injection will serve as a catalyst to propel the company's ongoing growth initiatives. Immedis has already established a strong presence with offices strategically located in Dublin, London, New Jersey, Sydney, and Varna (Bulgaria). To continue expanding its reach and market penetration, Immedis aims to establish additional offices on the West Coast of the United States and in Singapore, aligning with its strategic growth trajectory.
Immedis, a UKG Company Risks and Challenges
Changes in leadership, such as the appointment of a new Chief Technology Officer, Vice President of Global Alliances & Partnerships, and Chief Operating Officer, may introduce new strategic directions that could either positively impact the company's growth or present challenges in execution. Effective alignment of leadership and a clear vision will be crucial in mitigating potential risks and maximizing opportunities.
Immedis, a UKG Company Ecosystem, Partners, Resellers and SI
Immedis' success is reinforced by its strong ecosystem of technology integrations and partnerships. The company has established collaborations with leading providers, including Workday, SAP SuccessFactors, Ceridian, Oracle, UKG, and Silver Cloud. These integrations enable seamless data exchange between the Immedis Platform and complementary software solutions, creating a comprehensive and integrated payroll ecosystem.
Immedis has offices in Australia, Brazil, Bulgaria, China, Czech Republic, Denmark, France, Germany, India, Ireland, Japan, Poland, Romania, Singapore, Spain, Sweden, Taiwan, United Kingdom, United States.
Immedis, a UKG Company Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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).
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