Ascentis 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.
Ascentis Overview
Ownership: Palm Ventures, LLC and Catalyst Investors - x
Employees: 200
Functional Market: Time & Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Recruiting, Applicant Tracking Systems, Performance & Goal Management, Learning & Development, Compensation Management, Succession & Leadership Planning,
Key Verticals: Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure & Hospitality, Manufacturing, Media, Professional Services, Retail, Transportation, ,
Ascentis Key Cloud & HCM Applications
Ascentis on-demand HCM ,
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 | 2015 | 2016 | 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 2016 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 2016 HCM Applications Revenues By Sub-Functional Markets, $M:
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Split by Sub-Functional Markets
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%
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2016 HCM Revenues, By Sub-Functional Markets, $M
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Ascentis 2016 HCM Applications Revenues By Verticals, $M:
Ascentis 2016 Total & HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2016 Total Revenues, $M | 2016 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Ascentis 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
Don't Miss our Customer Database
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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).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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