24SevenOffice Strengths, Domain Expertise, and Key Differentiators
24SevenOffice stands out as Scandinavia's pioneer in providing a fully integrated, cloud-based ERP solution. Its strength lies in offering a comprehensive suite that includes Accounting, CRM, Project Management, and Time Tracking, all seamlessly interconnected. This flexibility allows businesses to start with specific modules, such as CRM, and scale by adding additional functionalities as their needs evolve. The platform's adaptability and scalability make it a powerful tool for companies seeking to streamline operations while growing within a unified ecosystem.
24SevenOffice Recent Developments
In July 2024, 24SevenOffice partnered with cybersecurity firm EyeOn Group to enhance the security of its cloud-based ERP platform. This strategic move strengthens its market position by addressing rising demand for integrated cyber protection, while opening new revenue opportunities and improving customer trust through advanced, analytics-driven IT security solutions.
On July 4, 2023, 24SevenOffice demonstrated strong internal confidence with key executives increasing their equity stake in the company. CEO Eirik Aalvik Stranden acquired 240,000 shares at 5 NOK each—representing 0.35% of total shares—while COO Geir Beinset and CMO Rebecca van Vuuren followed with smaller but strategic purchases on July 5. From a marketing analytics lens, these insider investments signal leadership's long-term commitment and belief in the company’s growth trajectory, potentially influencing investor sentiment and reinforcing brand credibility in the market.
In November 2023, 24SevenOffice announced a strategic partnership with ØkoRåd AS—Norway’s largest accounting franchise formed through the merger of ØkoRåd AS and Vekstra AS—to accelerate its footprint in the Nordic ERP landscape. After a comprehensive review of ERP providers, ØkoRåd selected 24SevenOffice as a preferred system, a decision expected to drive at least 5 million SEK in short-term Annual Recurring Revenue (ARR). From a marketing analytics lens, this partnership strengthens customer acquisition potential, positions 24SevenOffice as a dominant player among accounting firms, and opens opportunities for upselling advanced modules like payroll and collections—highlighting the platform’s ability to scale with client growth and support evolving operational demands.
24SevenOffice Mergers and acquisitions (M&A) Activities
In July 2024, 24SevenOffice partnered with cybersecurity firm EyeOn Group to enhance the security of its cloud-based ERP platform. This strategic move strengthens its market position by addressing rising demand for integrated cyber protection, while opening new revenue opportunities and improving customer trust through advanced, analytics-driven IT security solutions.
On July 4, 2023, 24SevenOffice demonstrated strong internal confidence with key executives increasing their equity stake in the company. CEO Eirik Aalvik Stranden acquired 240,000 shares at 5 NOK each—representing 0.35% of total shares—while COO Geir Beinset and CMO Rebecca van Vuuren followed with smaller but strategic purchases on July 5. From a marketing analytics lens, these insider investments signal leadership's long-term commitment and belief in the company’s growth trajectory, potentially influencing investor sentiment and reinforcing brand credibility in the market.
In November 2023, 24SevenOffice announced a strategic partnership with ØkoRåd AS—Norway’s largest accounting franchise formed through the merger of ØkoRåd AS and Vekstra AS—to accelerate its footprint in the Nordic ERP landscape. After a comprehensive review of ERP providers, ØkoRåd selected 24SevenOffice as a preferred system, a decision expected to drive at least 5 million SEK in short-term Annual Recurring Revenue (ARR). From a marketing analytics lens, this partnership strengthens customer acquisition potential, positions 24SevenOffice as a dominant player among accounting firms, and opens opportunities for upselling advanced modules like payroll and collections—highlighting the platform’s ability to scale with client growth and support evolving operational demands.
24SevenOffice Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying 24SevenOffice 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 24SevenOffice 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 24SevenOffice ERP customers.
24SevenOffice Overview
Ownership: - 247:AKT
Number of Employees: 181
Functional Market: Time and Attendance, Payroll,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
24SevenOffice Key Cloud and HCM Applications
24SevenOffice ERP
24SevenOffice HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
24SevenOffice Revenue Breakdown by Type:
24SevenOffice HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
24SevenOffice HCM Applications Revenues By Verticals, $M:
24SevenOffice Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
24SevenOffice Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
24SevenOffice Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified 24SevenOffice Customers
No. of 24SevenOffice Customers: 67000
No. of 24SevenOffice HCM Applications Customers: x
No. of 24SevenOffice Cloud HCM Customers: 67000
No. of 24SevenOffice Cloud HCM Subscribers: x
As of the latest update, 24SevenOffice boasts a strong customer base of over 67,000, reflecting steady growth from 59,900 in 2020 and underlining its rising market penetration across Scandinavia. With notable clients such as PwC, KPMG, Høyer, and HAB Construction, the company has demonstrated its appeal to both established enterprises and ambitious businesses. Strategically, 24SevenOffice is intensifying its focus on larger and mid-sized companies with complex operational demands, aligning its advanced ERP offerings to meet the evolving needs of growth-driven organizations seeking integrated, cloud-based solutions.
24SevenOffice Market Opportunities, M&A and Geo Expansions
24SevenOffice is well-positioned to capitalize on several growth opportunities in the coming years. With increasing global demand for cloud-based ERP solutions, the company can expand beyond its core Scandinavian markets into broader European and international territories. Its modular platform offers flexibility that appeals to scaling businesses, especially as digital transformation accelerates across industries. Additionally, strategic partnerships—like those in cybersecurity and accounting—can enhance product value and create new revenue streams. As mid-sized and large enterprises seek integrated systems for finance, CRM, and operations, 24SevenOffice has a clear opportunity to solidify its presence as a go-to platform for digital-first business management.
24SevenOffice Risks and Challenges
In the coming years, 24SevenOffice may face several strategic risks that could impact its growth trajectory. Intensifying competition in the cloud-based ERP market, especially from global tech giants, poses a challenge to maintaining market share. Additionally, as the company targets larger enterprises, it must ensure its solutions scale effectively to meet complex operational demands. Economic fluctuations and shifting regulatory landscapes, particularly regarding data privacy and financial compliance, could also affect customer adoption and retention. Lastly, rapid technological change demands continuous innovation, making it crucial for 24SevenOffice to invest in R&D to stay relevant and competitive in a fast-evolving digital ecosystem.
24SevenOffice Ecosystem, Partners, Resellers and SI
24SevenOffice’s ecosystem is designed for seamless connectivity and strategic scalability, enabling businesses to build integrated, data-driven operations. Through partnerships with major platforms like Nordea, SEB, Handelsbanken, Mailchimp, Oxceed, and Upsales, the company offers robust plug-and-play integrations via its open API, streamlining financial workflows, CRM, and operational tasks directly within the ERP system. This flexible infrastructure supports both off-the-shelf integrations and custom ecosystem development, catering to the needs of fast-scaling SMEs and complex enterprise clients. With automation, real-time data access, and cross-platform compatibility at its core, 24SevenOffice empowers organizations to optimize efficiency and unlock actionable marketing and performance insights.
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
