Immedis Strengths, Domain Expertise, and Key Differentiators
Built on a solid foundation of international employment and mobility tax expertise, Immedis offers global payroll technology and access to a team of global and local payroll and tax experts. Processing payroll in over 150 countries, the Immedis platform provides a unified view of global payroll operations, real-time data analytics and advance reporting capability, all while ensuring legislative compliance and data security. With deep integration capabilities with HCM and finance providers, Immedis dramatically simplifies multi-country payroll obligations.
Immedis recently was certified by Workday and Ultimate. These new partnership makes it easier for mutual customers to exchange data between market leading HCM solutions and the Immedis Platform through an integration, as well as heling to reduce the costs and barriers associated with deploying, integrating, and managing a consolidated global payroll. In July 2021, Immedis launched Immedis Pay, an automated solution for organizations to manage cross-border payments to their beneficiaries, including employees, tax authorities, and statutory third parties. Immedis Pay streamlines global payments processing with end-to-end automation across the entire payment process. The automation efficiencies delivered by Immedis Pay save organizations time, reduce costs and risks, improve the employee experience and ensure all beneficiaries are paid accurately and on time in more than 200 countries and 145 currencies.
Immedis Recent Developments
In August 2021, Immedis released the latest Immedis Platform updates include a new Customer Portal Control Center. With it, organizations will have a comprehensive and unified view of global payroll operations, one that empowers payroll teams with control over payroll processes and employee data management. The Customer Portal Control Center and other changes are part of Immedis’ goal to deliver a touchless global payroll experience for payroll, HR and finance teams.
Immedis Mergers and Acquisitions (M&A) Activities
In May 2017, Immedis bought US international payroll company, Expaticore. The acquisition signifies a key step in the organisation’s ambitious growth plans, and its commitment to being the best in the field of international payroll and tax services. Expaticore, a tremendously successful company in its own right, has an established international client base and a proven reputation for high quality work, which has led to impressive client retention rates.
Immedis Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Immedis 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 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 Overview
Ownership: - x
Number of Employees: 350
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Immedis Key Enterprise and Cloud Applications
Immedis Payroll Platform
Immedis Revenues, $M:
| Type/Year | 2019 | 2020 | 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.
Immedis 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% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Immedis Enterprise Applications Revenues By Functional Markets, $M:
Immedis Enterprise Applications Revenues By Verticals, $M:
Immedis Revenues By Region, $M
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 Enterprise Applications Revenues, $M | 2020 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Immedis Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Immedis Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Immedis Customers
No. of Immedis Customers: 100
No. of Immedis Enterprise Applications Customers: x
No. of Immedis Cloud Customers: x
No. of Immedis Cloud Subscribers: x
Immedis work across all industry sectors helping simplify global payroll and employment tax for their clients. Immedis's current client list includes McAfee, ESB International, Apex Fund Services, The New York Institute of Technology, Clinton Foundation, Wayfair, eSilicon, Linesight, Laureate, Abbvie, First Derivates Plc, Franklin Templeton Investments, Fexco, and many others.
Immedis Market Opportunities, M&A and Geo Expansions
In December 2020, Immedis raised $50 million in a strategic investment led by Lead Edge Capital. The new funding round will help the company further accelerate growth. It already has offices in Dublin, London, New Jersey, Sydney, and Varna (Bulgaria). It is looking to add offices on the West coast of the US, and Singapore to continue its growth.
Immedis Risks and Challenges
In 2021 Immedis make changes in their leadership, appointed a new Chief Technology Officer,Vice President of Global Alliances & Partnerships, and Chief Operating Officer. This change could lead to a new company strategy.
Immedis Ecosystem, Partners, Resellers and SI
Immedis does most of its sales via its own direct salesforce. Among its Technology Partners are Workday, SAP SuccessFactors, Ceridian, Oracle, UKG, and Silver Cloud. 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 Cloud Infrastructure Insights
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- Immedis Public Cloud and Infrastructure (IaaS)
- Immedis Platform (PaaS)
- Immedis Application Delivery
- Immedis 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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