Apex Software Technologies, LLC. Strengths, Domain Expertise, and Key Differentiators
Apex HCM is a market leader in licensing cloud-based payroll, benefits and HR technology. Their highly customizable and comprehensive suite of products and services include payroll & tax, time & attendance, benefits enrollment, ACA, human resources, mobile apps, reports & analytics, employee onboarding, applicant tracking and other business management tools normally reserved for large enterprises. The Apex HCM Payroll Solutions platform scales for any size business while delivering features for streamlining workflows, improving customer service and increasing revenue and profitability. Apex’s easy to use, anytime, from any device, payroll solutions are one and done. With features like real-time pre-processing and processing, once a client completes their payroll, the checks and reports are ready.
Apex Software Technologies, LLC. Recent Developments
In April 2020, Apex HCM joins with Xero to boost corporate payroll. Xero, along with Carr, Riggs, and Ingram CPAs and Advisors (CRI), a large national accounting firm, worked with Apex HCM in developing the partnership that provides payroll service bureaus an enhanced GL integration experience and capabilities to accounting firms across the country.
In May 2019, Apex HCM launched Next generation mobile app, MyGO, for both iPhone and Android phone users. The app is aimed at providing employees the ability to “self-serve,” or access their Human Resource and Payroll information at their convenience from the palm of their hand.
Apex Software Technologies, LLC. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Apex Software Technologies, LLC. 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 Apex Software Technologies, LLC. 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 Apex HCM customers.
Apex Software Technologies, LLC. Overview
Ownership: - x
Number of Employees: 70
Functional Market: Absence and Leave Management, Workforce Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Applicant Tracking Systems, Succession and Leadership Planning,
Key Verticals: Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Apex Software Technologies, LLC. Key Cloud and HCM Applications
Apex Software Technologies, LLC. HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2019||2020||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud 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.
Apex Software Technologies, LLC. Revenue Breakdown by Type:
|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%|
Apex Software Technologies, LLC. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
Apex Software Technologies, LLC. HCM Applications Revenues By Verticals, $M:
Apex Software Technologies, LLC. Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
Apex Software Technologies, LLC. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Apex Software Technologies, LLC. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Apex Software Technologies, LLC. Customers: 300
No. of Apex Software Technologies, LLC. HCM Applications Customers: 300
No. of Apex Software Technologies, LLC. Cloud HCM Customers: x
No. of Apex Software Technologies, LLC. Cloud HCM Subscribers: x
Over 300 payroll service bureaus use Apex HCM to process payroll for tens of thousands of employers nationwide.
Apex Software Technologies, LLC. Market Opportunities, M&A and Geo Expansions
In January 2020, Apex HCM launched a new version of Employer OnDemand and moved to Microsoft Azure Cloud. The new capabilities introduced in the release and adoption of Microsoft Azure enable higher productivity, increased reliability, improved performance, and provides additional browser choices to the end user.
Apex Software Technologies, LLC. Risks and Challenges
HCM is a highly competitive market.
Apex Software Technologies, LLC. Ecosystem, Partners, Resellers and SI
Apex HCM technology seamlessly integrates with numerous strategic partners. Among Apex partners are: Employee Navigator, Print Management Partners, National Crime Search, Netspend, Ubiquity, Payroll Tax Management, Kotapay, Natpay, Berkshire Hathaway Insurance Companies, Swipeclock, Industry Newsletters, AP Intego, The Hartford, PosterElite, Mammoth and others.
Apex Software Technologies, LLC. Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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