Ascentis Among HCM Top 500 Software Vendors

Recent Developments

Ascentis announced significant growth in bookings, revenue and recurring revenue for the first half of 2015. Since the start of 2012, Ascentis has increased its monthly recurring revenue by 175% and added more than 350 net new clients. Ascentis’ growth in large part is attributed to its full suite of robust human capital management products, fanatical approach to client satisfaction and retention, and predictable relationship pricing which delivers tremendous value to clients.

Overview

Ownership: Palm Ventures, LLC and Catalyst Investors

Employees: 200

Functional Market: Time & Attendance, Personnel & Organization Management, Payroll, Benefits Administration, Compliance, Onboarding, Recruiting, Applicant Tracking Systems, Performance & Goal Management, Learning & Development, Succession & Leadership Planning, Compensation Management,

Key Verticals: Banking and Financial Services, Communication, Construction and Real Estate, Construction and Real Estate, Distribution, Education, Government, Healthcare, Insurance, Leisure & Hospitality, Manufacturing, Media, Professional Services, Retail, Transportation,

SCORES Analysis

Ascentis Strengths

Ascentis offers a comprehensive suite of on-demand HRIS/HRMS HR software, employee self-service, online payroll, applicant tracking system, and time and attendance software solutions. Its HRIS software/ HR management software, online payroll services, recruiting software, and online timesheet products are easy to set up, use, and are fully backed by friendly customer support professionals.

Ascentis HR (formerly HROffice), is an easy-to-use on-demand HR software solution that allows you to manage employee data throughout the entire employment cycle.

Ascentis Payroll (formerly EBS On Line's InstaPay) is an on-demand (SaaS) payroll software system that allows to process payroll in real-time, ensuring 100% accuracy, flexibility and control. Real-time synchronization with Ascentis HR, interfacing capabilities with general ledger and time-and-attendance systems, and custom reporting bring the solution to all toughest payroll processing challenges.

Ascentis Time provides the tools that assist companies in managing labor costs, employee scheduling, resource utilization and more.

Ascentis Recruiting is a full featured applicant tracking and recruiting software system.

In August 2015, Ascentis released Ascentis Talent Management version 15.2. The release included an enhanced user interface, upgraded performance management capabilities and a new compensation planning module to facilitate merit increases.

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Key differentiators
Domain Expertise
Product portfolio
Solution scope

Ascentis HCM & Cloud HCM Applications Revenues, $M:

Type/Year	2014	2015	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.

Ascentis 2015 Revenue Breakdown by Type:

Type	License	Services	Hardware	Support & Maintenance	SaaS
% of Total Revenues	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe

Ascentis 2015 HCM Applications Revenues By Sub-Functional Markets, $M:

Split by Sub-Functional Markets		%	2015 HCM Revenues, By Sub-Functional Markets, $M
Core HR and Performance Management	Benefits Administration	Subscribe	Subscribe
	Compliance	Subscribe	Subscribe
	Core HR (Personnel & Organization Management)	Subscribe	Subscribe
	Payroll	Subscribe	Subscribe
	Pension Administration	Subscribe	Subscribe
	Compensation Management	Subscribe	Subscribe
	Learning & Development	Subscribe	Subscribe
	Performance & Goal Management	Subscribe	Subscribe
	Succession & Leadership Planning	Subscribe	Subscribe
Talent Acquisition	Applicant Tracking Systems	Subscribe	Subscribe
	Contingent Labor Management	Subscribe	Subscribe
	Marketing	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 & Attendance	Subscribe	Subscribe
	Time Clock (Hardware)	Subscribe	Subscribe
	Workforce Scheduling	Subscribe	Subscribe
	Workforce Analytics	Subscribe	Subscribe

Ascentis 2015 HCM Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2015 HCM Apps Revenues, By Verticals, $M
Aerospace & 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 & Hospitality	Subscribe	Subscribe
Life Sciences	Subscribe	Subscribe
Manufacturing	Subscribe	Subscribe
Media	Subscribe	Subscribe
Non Profit	Subscribe	Subscribe
Oil and Gas	Subscribe	Subscribe
Professional Services	Subscribe	Subscribe
Retail	Subscribe	Subscribe
Transportation	Subscribe	Subscribe
Utility	Subscribe	Subscribe
Total	Subscribe	Subscribe

Ascentis 2015 Total & HCM Applications Revenues by Region:

Region	% of Total Revenues	2015 Total Revenues, $M	2015 HCM Applications Revenues, $M
North Americas	Subscribe	Subscribe	Subscribe
Latin Americas	Subscribe	Subscribe	Subscribe
EMEA	Subscribe	Subscribe	Subscribe
APAC	Subscribe	Subscribe	Subscribe
Total	Subscribe	Subscribe	Subscribe

Ascentis 2015 Direct vs Indirect sales

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

Ascentis Customers

No. of Customers: Subscribe

No. of HCM Applications Customers: Subscribe

No. of Cloud HCM Customers: Subscribe

No. of Cloud HCM Subscribers: Subscribe

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Reference wins across regions
Customer Size segments
Customer wins momentum

Ascentis Opportunities

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Market Opportunities at the vertical and subvertical levels
Mergers and Acquisitions (M&A), Funding
Geo Expansions

Ascentis Risks

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Ability to handle internal and external risk and challenges

Ascentis Ecosystem

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Health of ecosystem
Network Effects of BPO, ISV, SI
VAR Partners
Direct vs Indirect sales

Ascentis Cloud Platform (PaaS) & Infrastructure (IaaS) Details

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Cloud Infrastructure (IaaS)
Cloud Platform (PaaS)
Cloud Application delivery (SaaS)
Data Center (Hosting)

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).

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