BQE Software Strengths, Domain Expertise, and Key Differentiators
BQE Software develops practice management solutions specifically designed for professional services firms. Its product suite—including BQE Core, BQE BillQuick, BQE ArchiOffice, and BQE EngineerOffice—helps firms centralize and streamline time tracking, billing, project management, and accounting processes. The latest annual update introduces over 80 new features aimed at helping firms save time and boost productivity by automating repetitive accounting and project management tasks.
In November 2020, BQE Software expanded its offerings with the launch of CORE CRM. Designed with a clean, intuitive interface, the solution integrates seamlessly with the full BQE CORE platform, enhancing the user experience and functionality.
BQE Software Recent Developments
BQE Software has undergone strategic leadership changes and product developments aimed at enhancing its platform capabilities and market positioning within the professional services software sector. Following a leadership overhaul in late 2021, the company appointed Ryan Powers as CTO in March 2023, tasking him with advancing scalable architecture, infrastructure, and security. Powers brings experience from senior roles at Oracle and Textura. On the product side, BQE has expanded its Core platform, including the 2019 launch of Core HR with features such as benefit tracking and performance reviews, and more recently, the introduction of BQE Core for Professional Services Firms, a solution designed to centralize business management and accounting workflows.
BQE Software Mergers and acquisitions (M&A) Activities
BQE Software has undergone strategic leadership changes and product developments aimed at enhancing its platform capabilities and market positioning within the professional services software sector. Following a leadership overhaul in late 2021, the company appointed Ryan Powers as CTO in March 2023, tasking him with advancing scalable architecture, infrastructure, and security. Powers brings experience from senior roles at Oracle and Textura. On the product side, BQE has expanded its Core platform, including the 2019 launch of Core HR with features such as benefit tracking and performance reviews, and more recently, the introduction of BQE Core for Professional Services Firms, a solution designed to centralize business management and accounting workflows.
BQE Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying BQE Software 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 BQE Software 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 BQE Core, BQE BillQuick, customers.
BQE Software Overview
Ownership: - x
Number of Employees: 280
Functional Market: Task Management, Time and Attendance, Core HR, Benefits Administration, Performance Management, Compensation Management,
Key Verticals: Construction and Real Estate, Manufacturing, Professional Services,
BQE Software Key Cloud and HCM Applications
BQE Core, BQE BillQuick,
BQE Software 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.
BQE Software Revenue Breakdown by Type:
BQE Software 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 | |
BQE Software HCM Applications Revenues By Verticals, $M:
BQE Software 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 |
BQE Software Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
BQE Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified BQE Software Customers
No. of BQE Software Customers: x
No. of BQE Software HCM Applications Customers: x
No. of BQE Software Cloud HCM Customers: x
No. of BQE Software Cloud HCM Subscribers: x
BQE Software, a globally trusted provider of time billing solutions, supports over 400,000 users worldwide—including leading architects, engineers, accountants, attorneys, and consultants. Its impressive client roster features organizations such as iT Architecture, The W2 Group, GCG Associates, One LLP, Townsends Business & Corporate Lawyers, Litigation Insights, and Pacific Groundwater Group, among others.
BQE Software Market Opportunities, M&A and Geo Expansions
BQE Software continues to evolve its leadership and platform capabilities to support growth in the professional services software market. In May 2023, the company appointed Matt Cooper as CEO, following a 2021 growth investment from Serent Capital. Cooper’s mandate includes scaling operations and expanding market reach, particularly among small and medium-sized businesses. Product innovation remains a focus, with the recent launch of Core Intelligence, an AI-driven tool enabling conversational interaction with business data, and earlier enhancements such as Gantt chart functionality within BQE Core to support project planning and resource management. These developments align with BQE’s ongoing strategy to deliver integrated billing, accounting, and business management solutions tailored for professional services firms.
BQE Software Risks and Challenges
In late 2021, reports emerged about a vulnerability in multiple versions of BQE Software's time and billing system, BillQuick Web Suite. This security flaw could potentially allow unauthorized access, enabling hackers to launch ransomware attacks.
BQE Software Ecosystem, Partners, Resellers and SI
In September 2024, BQE Software is excited to announce a new reseller and implementation partnership with SPRCHRGR, a respected accounting, finance, and technology consultancy with a nationwide presence. This strategic alliance will empower businesses to maximize the capabilities of the BQE CORE platform, supported by SPRCHRGR’s tech-savvy team to assist with advanced configurations and custom API integrations.
In November 2020, BQE Software formed a strategic partnership with AffiniPay. This collaboration provides BQE CORE customers with access to AffiniPay’s leading payment solutions, offering professional firms a secure, convenient, and modern way to accept credit cards and eChecks from their clients.
Mainly relies on direct sales with support from the partner ecosystem.
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
