Namely, a Vensure Employer Solutions Company Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

Namely, a Vensure Employer Solutions Company Strengths, Domain Expertise, and Key Differentiators

Namely stands as an HR Software company dedicated to empowering mid-sized businesses in creating improved workplaces. Through its cloud-based software, Namely consolidates Human Capital Management (HCM), benefits, insights, payroll, and time functionalities into a unified platform. This approach facilitates modern HR teams in making informed, data-driven decisions about their workforce and gaining comprehensive insights into their people-related activities.

Namely's ecosystem extends to robust integrations with leading solutions in applicant tracking, identity management, ERP, compliance, E-Verify, and more. With a client base exceeding 1,500 and impacting over 280,000 employees worldwide, Namely is supported by prominent investors such as Altimeter Capital, GGV Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, Tenaya Capital, and True Ventures. This backing underscores Namely's commitment to providing effective HR solutions and contributing to the success of its diverse clientele.

Namely, a Vensure Employer Solutions Company Recent Developments

In 2023, Namely introduced four new bundled offerings tailored to address critical challenges faced by small and mid-sized businesses (SMBs) in the current economic landscape. These bundles aim to alleviate financial constraints related to strategic and operational investments, as well as address hurdles in talent recruiting, retention, and the complexities of HR management. As businesses grapple with HR challenges, these intricacies become more pronounced as the size of the business grows.

The newly launched bundles, namely Namely Now, Namely Plus, Namely Plus People, and Namely Complete, provide businesses with the flexibility to upgrade by incorporating precisely the features essential to their operations. Starting at $9 per employee per month, these bundles offer 24/7 support and encompass a range of features, from fundamental HR and payroll modules to advanced functionalities like onboarding, recruitment, performance management, compliance, benefits administration, and time management. For those seeking comprehensive solutions, Namely Plus People and Namely Complete expand the options to include managed payroll, managed benefits, professional employment services, and a variety of other customizable features, catering to the diverse needs of businesses seeking comprehensive HR solutions.

Namely, a Vensure Employer Solutions Company Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Namely, a Vensure Employer Solutions 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 Namely, a Vensure Employer Solutions 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 Namely Modern HR customers.

Namely, a Vensure Employer Solutions Company Key Cloud and HCM Applications

Namely Modern HR

Namely, a Vensure Employer Solutions 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.

Namely, a Vensure Employer Solutions Company Revenue Breakdown by Type:

Namely, a Vensure Employer Solutions 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
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

Namely, a Vensure Employer Solutions Company 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

Namely, a Vensure Employer Solutions 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

Namely, a Vensure Employer Solutions Company Direct vs Indirect sales

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

Namely, a Vensure Employer Solutions Company Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Namely, a Vensure Employer Solutions Company Customers

No. of Namely, a Vensure Employer Solutions Company Customers: 1500

No. of Namely, a Vensure Employer Solutions Company HCM Applications Customers: 1500

No. of Namely, a Vensure Employer Solutions Company Cloud HCM Customers: 1500

No. of Namely, a Vensure Employer Solutions Company Cloud HCM Subscribers: x

Namely's clientele encompasses a diverse array of rapidly expanding businesses spanning nearly every industry. Notable companies within its portfolio include ActiveCampaign, Acorns, Drift, EatStreet, Life is Good, Mizzen + Main, OneLogin, Peerfit, SiriusDecisions, The Motley Fool, and various others.

Namely, a Vensure Employer Solutions Company Market Opportunities, M&A and Geo Expansions

In November 2023, Namely introduced 24/7 live support, offering continuous assistance to its current customers. This round-the-clock support is specifically designed to address the dynamic needs of Namely's clientele, ensuring they have access to help at any hour. The dedicated 24/7 support team is committed to providing guidance, answering inquiries, resolving issues, and offering various forms of requested support for platform administrators.

In February 2023, Namely unveiled two innovative product upgrades aimed at enhancing the employee experience, particularly in hybrid and remote work settings. Elevating its integration with Slack, a widely utilized messaging app in the business realm, Namely aims to cultivate more collaborative workplace cultures. Alongside the revamped organizational chart feature, these enhancements cater to the evolving demands of the contemporary workforce.

Namely, a Vensure Employer Solutions Company Risks and Challenges

During the challenging circumstances of the 2020 coronavirus pandemic, Namely faced economic uncertainties and made the difficult decision to reduce its workforce. Approximately 40% of its workforce of around 400 employees, was affected by these layoffs, including the departure of the Chief Financial Officer, Daniel Murphy. The company, like many others, encountered disruptions to its modest growth plan due to the impact of COVID-19. In response to the economic challenges posed by the pandemic, Namely has focused on managing what is within its control and restructuring its operations to operate more efficiently, adapting to a significant drop in revenue during these unprecedented times.

Namely, a Vensure Employer Solutions Company Ecosystem, Partners, Resellers and SI

Namely boasts an extensive network of partnerships facilitating the integration of employee data with various client-used systems. Notable partners include JazzHR, iCims, Greenhouse, Jobvite, Lever, Oracle, RetroTax, Adobe, GSuite, and Equifax, among others.

With four offices in the USA located in New York, Atlanta, San Francisco, and Los Angeles, Namely strategically positions itself across key regions.

Namely further extends its collaboration through a structured referral program, integration partnerships, and marketing partnerships, fostering a dynamic ecosystem of connections and support.

Namely, a Vensure Employer Solutions Company Cloud Platform (PaaS) and Infrastructure (IaaS) Details

Subscribe to read more about:

• Namely, a Vensure Employer Solutions Company Public Cloud and Infrastructure (IaaS)
• Namely, a Vensure Employer Solutions Company Platform (PaaS)
• Namely, a Vensure Employer Solutions Company Application Delivery
• Namely, a Vensure Employer Solutions Company 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/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ