Criterion HCM Strengths, Domain Expertise, and Key Differentiators
Criterion HCM is a highly configurable modular HR Management System (HRMS) offering a comprehensive suite of HR and Payroll functions, including performance management, employee retention, compliance, and time and attendance. The platform provides convenient self-service access for employees and managers through a configurable dashboard, granting real-time, direct access to detailed records. Employee self-service streamlines processes such as time off requests and benefits enrollments, reducing manual labor.
The Criterion HCM iPhone application empowers employees with time and attendance functionality within the self-service portal. Reporting capabilities are seamlessly integrated into the system using the Crystal Reports toolkit, enabling effortless creation of reports based on HR and payroll metrics. Users can efficiently and effectively present data using report templates and extensive formatting options.
Additionally, Criterion HCM offers prebuilt templates for employee performance reviews, facilitating the assessment of over 350 competencies, contributing to a comprehensive evaluation process for professional growth and development.
Criterion HCM Recent Developments
In 2022, Criterion HCM announced a strategic partnership with Procore, a leading global provider of construction management software, unveiling a new integration within the Procore App Marketplace. This collaboration is set to streamline human capital management (HCM) processes, focusing on key areas such as payroll, timekeeping, and the synchronization of employee and project data. Doug Gibson, Senior Business Development Manager at Procore, expressed excitement about welcoming Criterion as an integration partner, emphasizing their strength in the construction industry. The integration aims to enhance information sharing accuracy by enabling the synchronization of timesheets and employee data from Criterion to Procore, eliminating the need for double-entry between systems.
Criterion HCM's partnership with Acumatica, a cloud ERP company, has garnered significant attention in the industry. The integration of Acumatica's Construction Edition with Criterion's Construction Payroll has shown promise in simplifying the payroll administration process for construction companies. The joint venture aims to provide a comprehensive solution that ensures compliance, efficiency, and real-time tracking of employee activities across multiple jurisdictions. Both companies have capitalized on domain expertise to create a seamless client experience.
Criterion HCM Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Criterion HCM 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 Criterion HCM 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 Criterion HCM, customers.
Criterion HCM Overview
Ownership: - x
Number of Employees: 70
Functional Market: Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Onboarding, Applicant Tracking Systems, Performance Management, Learning and Development, Succession Planning, Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Criterion HCM Key Cloud and HCM Applications
Criterion HCM,
Criterion HCM HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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.
Criterion HCM Revenue Breakdown by Type:
Criterion HCM HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Criterion HCM HCM Applications Revenues By Verticals, $M:
Criterion HCM Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
Criterion HCM Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Criterion HCM Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Criterion HCM Customers
No. of Criterion HCM Customers: x
No. of Criterion HCM HCM Applications Customers: x
No. of Criterion HCM Cloud HCM Customers: x
No. of Criterion HCM Cloud HCM Subscribers: x
For over three decades, Criterion has been a trusted provider of Human Capital Management (HCM) solutions catering to the specific needs of mid-sized companies, including reputable organizations like Bank Hapoalim, Financial Accounting Foundation, Acadian, IDEO, IntraLinks, and United States Institute of Peace, among others. The partnership with Acumatica has further expanded the customer base, especially among construction companies looking for streamlined payroll administration. The ability to accommodate various time capture layouts and handle different taxes and reporting requirements has been a game-changer for these firms.
Criterion HCM Market Opportunities, M&A and Geo Expansions
Criterion HCM, announced the official recognition of its payroll solution by the UK government (HMRC) for sale in the UK. This recognition involves rigorous testing by HMRC to ensure the software's capability to report PAYE information online and in real-time (RTI). Criterion HCM's information is now listed and accessible to any organization in the UK through the gov.uk/payroll-software portal.
The integrated offering of Criterion HCM and Acumatica opens up exciting market opportunities on both horizontal and vertical levels:
Horizontal Market Opportunities: With a robust cloud-based solution tailored for the construction industry, the partnership can potentially expand into other sectors with similar HR and Payroll needs, leveraging the modularity and flexibility of Criterion HCM.
Vertical Market Opportunities: The construction industry is vast and diverse, presenting ample opportunities for growth. The joint solution's ability to cater to construction firms of all sizes, from smaller operations to global giants, positions it for widespread adoption.
Expansion in New Regions: Criterion HCM's presence in over ten countries with local language support, coupled with the reach of Acumatica's global ERP solution, provides an excellent foundation for further expansion into new regions.
Criterion HCM Risks and Challenges
Integrating two complex systems can pose integration challenges and require seamless coordination between Criterion and Acumatica teams to ensure a smooth user experience. Criterion's ongoing migration of its products to the Cloud is a dynamic process that entails certain challenges and complexities.
Criterion HCM Ecosystem, Partners, Resellers and SI
As of 2021, Criterion HCM is available directly from Criterion in more than ten countries, with comprehensive local language support. Additionally, the platform is accessible through carefully selected strategic partners. Notably, among its UK and EU partners are IFS, a leading global ERP solution provider, and TrackTik, an end-to-end security workforce management solution catering to the physical security industry.
In March 2020, Criterion forged a strategic partnership with Sage Intacct, targeting mid-sized companies seeking to modernize their HCM systems and processes. Through this collaboration, Criterion HCM integrates seamlessly with Sage Intacct, consolidating payroll, HR, and financial processes into a unified database. As a result, companies can benefit from enhanced performance, more accurate reporting, and improved decision-making capabilities.
Furthermore, Criterion has cultivated an extensive network of partners, including Acumatica, Odyssey, The Answer Company, BAASS Business Solutions Inc., Alliance Solutions Group, ICAN Software Solutions, and DSD Business Systems, all contributing to a robust and interconnected ecosystem surrounding Criterion HCM's offerings.
Criterion HCM Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Criterion HCM Public Cloud and Infrastructure (IaaS)
- Criterion HCM Platform (PaaS)
- Criterion HCM Application Delivery
- Criterion HCM Private Cloud and Data Centers
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
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