ExactHire Strengths, Domain Expertise, and Key Differentiators
ExactHire is a provider of comprehensive Software-as-a-Service (SaaS) solutions tailored to address the intricate requirements of hiring and succession planning within organizations. The company's robust product portfolio encompasses a range of innovative software solutions, including an Applicant Tracking System (ATS) equipped with an optional integrated background check feature, cutting-edge Employee Onboarding Software, reliable Reference Check Software, and advanced Employee Assessments capabilities. These sophisticated offerings empower businesses to optimize their HR processes and achieve enhanced efficiency, accuracy, and overall success in talent acquisition and development.
ExactHire Recent Developments
ExactHire has been making significant strides in the HR software market, continually expanding its product portfolio and enhancing its services. Recent news highlights the company's strategic partnership with BountyJobs, Inc., a leading third-party recruiting platform. This collaboration enables ExactHire's clients to extend their candidate search beyond traditional job boards, leveraging a vast network of over 10,000 third-party recruiters. The result is a streamlined hiring and onboarding process that produces better applicants and enhances the overall employee experience.
Furthermore, ExactHire has experienced robust revenue growth, driven by its expanding customer base and the increasing adoption of its HR software solutions. The company's commitment to delivering innovative products and exceptional customer service has positioned it as a trusted player in the market.
ExactHire Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ExactHire 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 ExactHire 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 HireCentric ATS, OnboardCentric customers.
ExactHire Overview
Ownership: - x
Number of Employees: 15
Functional Market: Onboarding, Applicant Tracking Systems,
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,
ExactHire Key Cloud and HCM Applications
HireCentric ATS, OnboardCentric
ExactHire HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | 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.
ExactHire Revenue Breakdown by Type:
ExactHire 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 | |
ExactHire HCM Applications Revenues By Verticals, $M:
ExactHire Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
ExactHire Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
ExactHire Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ExactHire Customers
No. of ExactHire Customers: 240
No. of ExactHire HCM Applications Customers: 240
No. of ExactHire Cloud HCM Customers: 240
No. of ExactHire Cloud HCM Subscribers: x
ExactHire boasts a substantial customer base, with over 240 clients across the United States. The company's focus on small and medium-sized employers aligns with the needs of this market segment. Notable customers include Daling's, Walker, BSM Consulting, Asons, Baker Electric, Vitavost, and ViaQuest.
ExactHire Market Opportunities, M&A and Geo Expansions
The HR software market continues to grow rapidly, driven by the increasing need for streamlined HR processes and the adoption of digital transformation initiatives. ExactHire is well-positioned to seize these market opportunities by continually enhancing its product offerings and staying at the forefront of emerging technologies.
While ExactHire primarily serves the United States, there is significant potential for expansion into new regions. By tailoring its solutions to meet the HR needs of different countries and cultures, ExactHire can tap into untapped markets and broaden its global footprint.
ExactHire Risks and Challenges
Internal Risks: As with any technology company, ExactHire faces internal risks such as maintaining high product quality, effectively managing growth, and retaining top talent. Balancing these challenges is crucial to sustain long-term success.
External Risks and Go-to-Market Challenges: The HR software market is highly competitive, with numerous established players and new entrants. ExactHire must continuously differentiate itself through innovation, strategic partnerships, and effective marketing to stay ahead of the competition.
ExactHire Ecosystem, Partners, Resellers and SI
The primary distribution model employed by ExactHire is direct sales, complemented by strategic collaborations with reputable payroll and HR services providers, who serve as valued reseller partners. This approach ensures that ExactHire's innovative HR software solutions reach a wide range of customers, while leveraging the expertise and market reach of these trusted industry partners. By fostering these mutually beneficial relationships, ExactHire enhances its market presence and effectively meets the diverse needs of organizations seeking comprehensive HR solutions.
ExactHire Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- ExactHire Public Cloud and Infrastructure (IaaS)
- ExactHire Platform (PaaS)
- ExactHire Application Delivery
- ExactHire 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
https://www.appsruntheworld.com/FAQ
