Arcoro Strengths, Domain Expertise, and Key Differentiators
Arcoro combines proven, modular HR software solutions designed to help high-compliance, high-consequence companies improve efficiencies, limit risk and build high-performing teams. With software for recruiting and onboarding, new hires are on-the-job faster and ready to meet goals early on. Performance management and learning software ensures employees have the knowledge they need to reach those goals. Managers and HR teams have the ability to better organize benefits, payroll, time and attendance and now compensation management for a completely modular and seamless HR experience.
As a part of the overall platform strategy, PSG has created Arcoro in August 2018. Arcoro is the proven human capital management (HCM) software and services provider for high consequence industries and features cornerstone companies BirdDogHR and sister company, ExakTime. ExakTime is a mobile, cloud-based solution for time and attendance tracking known for its ease and seamless integration with payroll.
Arcoro Recent Developments
In March 2021, Arcoro has announced its new partnership with RedHammer, a provider of outsourced accounting solutions for the construction industry. The partnership between Arcoro and RedHammer will enable joint customers to maximize the benefits of their current HR and financial software. Arcoro's software suite helps construction companies hire skilled teams faster while more easily meeting compliance requirements with streamlined back-office processes.
In April 2020, Arcoro announce that its time and attendance tracking app now supports businesses in their efforts to screen workers for COVID-19 with a simple survey at clock-in. To help protect Arcoro customers and their employees, the time and attendance app now includes an optional self-screening mobile health form, available at no additional cost. The questions appear just after workers enter their PIN and before they clock in to begin work.
Arcoro Mergers and acquisitions (M&A) Activities
In October 2018, Arcoro acquired InfinityHR to further expand its HCM offering. The acquisition of InfinityHR will bring core HR features, benefits management, payroll, Affordable Care Act reporting and other features that can be integrated seamlessly into the Arcoro solution.
Arcoro Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Arcoro 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 Arcoro 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 HIRE (ATS, Onboarding), MANAGE (HR, Benefits, Time & Attendance, Payroll, Compensation), GROW (Performance Management, Learning Management, Succession Planning) customers.
Ownership: - x
Number of Employees: 250
Functional Market: Workforce Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Onboarding, Recruiting, Applicant Tracking Systems, Performance and Goal Management, Learning and Development, Succession and Leadership Planning,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Insurance, Leisure and Hospitality, Manufacturing, Media, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Arcoro Key Cloud and HCM Applications
HIRE (ATS, Onboarding), MANAGE (HR, Benefits, Time & Attendance, Payroll, Compensation), GROW (Performance Management, Learning Management, Succession Planning)
Arcoro 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.
Arcoro 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%|
Arcoro HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
Arcoro HCM Applications Revenues By Verticals, $M:
Arcoro Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
Arcoro Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Arcoro Customers - Breakdown by Geo, Size, Vertical and Product
No. of Arcoro Customers: 10000
No. of Arcoro HCM Applications Customers: 10000
No. of Arcoro Cloud HCM Customers: x
No. of Arcoro Cloud HCM Subscribers: 360000
With over 10,000 customers and 360,000 daily users in 20 countries around the world, Arcoro provides easy-to-use, cloud-based HR software modules that give organizations the competitive edge to scale and grow effectively. Among its customers are: Bison Gear & Engineering Corp., Current Builders, HTH Companies, MMC Contractors, Latite Roofing, Surgical Specialties, AM Crohon & Sons Inc., JH Kelly, Metropolitan Mechanical Contractors, McGill Restoration, Swinerton, Werner Construction, Inc., Kraemer, Baker Roofing, Advantage Flooring, Inc., Clark Construction and many other.
Arcoro Market Opportunities, M&A and Geo Expansions
In January 2020, Arcoro released its new Compensation Management module. Arcoro Compensation Management works in conjunction with Arcoro Core HR or Performance Management and can also integrate with existing HR and payroll systems.
Arcoro continues its focus on recruiting apps for Construction and Engineering verticals with the partnership with Procore, a leading provider of construction management software, and Acumatica, the world's fastest-growing cloud ERP company. The Arcoro and Procore partnership and integration is a natural fit for the construction marketplace, allowing organizations to track, manage and store essential data linking their projects and their people. Acumatica is now positioned to offer time and attendance, applicant tracking and onboarding solutions from Arcoro platform companies, ExakTime and BirdDogHR.
Arcoro Risks and Challenges
The housing market could face a fair amount of volatility after years of growth. One way for BirdDogHR to mitigate its risks is through OEM deals with ERP vendors entrenched in Construction and Engineering verticals.
Arcoro Ecosystem, Partners, Resellers and SI
In December 2020, Arcoro has appointed John Herr as Chief Executive Officer. Herr, a 25-year internet technology industry veteran, most recently served as CEO of Avetta, a global cloud-based supply chain risk management and commercial marketplace platform. Herr's appointment comes as John O'Hara retires from his role as Chief Executive Officer. O'Hara will serve in an advisory role to Herr through the end of 2020.
Arcoro partners with a variety of organizations and associations to improve their HR SaaS product. The company makes its sales through industry-specific partnerships, technology partnerships, and other HR service partnerships. Among its partners are: Acumatica, Procore, Sage, Clarus Solutions, Paradox, myHRcounsel, Payroll Systems, Bangert Construction Software, Reliant Talent Management Software, Accordant, Contractor Business Solutions NW, BenefitMall, Strategies Group, CorpStratHR, ViewPoint, HUB, ConnectSource Solutions, Inc., CUPeople, USI and others
Arcoro 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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