Execupay Strengths, Domain Expertise, and Key Differentiators
Execupay offers a comprehensive suite of cloud-based products, including payroll, time and labor management, talent acquisition, talent management, and HR management solutions. The integration of these services provides clients with a seamless and integrated experience.
Execupay understands the importance of leveraging artificial intelligence (AI) and machine learning (ML) in enhancing its solutions. By incorporating intelligent automation and predictive analytics, Execupay enables its clients to streamline operations and make data-driven decisions.
Execupay Recent Developments
In May 2021, the company made a strategic acquisition by adding Paydayz Staffing's payroll service business unit to its portfolio. The integration of Paydayz Staffing enables Execupay to offer an enhanced suite of payroll and HR solutions to their clients seamlessly.
Execupay Mergers and acquisitions (M&A) Activities
In February 2021, the company acquired Fox Payroll, based in Foxboro, Massachusetts. This acquisition allowed Execupay to leverage the expertise of the Fox Payroll team and establish a stronger presence in the Massachusetts region.
Execupay Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Execupay 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 Execupay 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 Execupay’s PlatinumPay Xpress customers.
Execupay Overview
Ownership: - x
Number of Employees: 80
Functional Market: Time and Attendance, Core HR, Payroll, Benefits Administration, Pension Administration, Onboarding, Recruiting, Applicant Tracking Systems, 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,
Execupay Key Cloud and HCM Applications
Execupay’s PlatinumPay Xpress
Execupay 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.
Execupay Revenue Breakdown by Type:
Execupay 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 | |
Execupay HCM Applications Revenues By Verticals, $M:
Execupay 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 |
Execupay Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
---|---|---|---|
Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Execupay Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Execupay Customers
No. of Execupay Customers: 60000
No. of Execupay HCM Applications Customers: 60000
No. of Execupay Cloud HCM Customers: x
No. of Execupay Cloud HCM Subscribers: x
Execupay has trusted by over 60,000 businesses such as: El Jarro de Arturo, Mission Ridge Range & Academy, IPSecure, Davis Law Firm, and many others.
Execupay Market Opportunities, M&A and Geo Expansions
The increasing adoption of cloud-based payroll and HR solutions presents a significant growth opportunity for Execupay. As organizations embrace digital transformation, Execupay's offerings position them well to meet the evolving needs of businesses.
While Execupay has established a strong presence in the United States, expanding into international markets presents an untapped opportunity. By adapting its solutions to local regulations and requirements, Execupay can cater to businesses worldwide.
Execupay Risks and Challenges
The successful integration of acquired businesses, such as Paydayz Staffing and Fox Payroll, poses internal challenges related to aligning processes, technologies, and cultures. Execupay must effectively manage these integration efforts to ensure a seamless experience for customers and employees.
Go-to-Market Challenges: Selling outside the United States may present go-to-market challenges, including understanding local market dynamics, building brand awareness, and establishing partnerships with local distributors and service providers.
As Execupay seeks to expand its operations globally, it may encounter regulatory and compliance challenges specific to each region. Adapting its solutions to meet diverse legal and cultural requirements will be crucial to succeed in new markets.
Execupay Ecosystem, Partners, Resellers and SI
Execupay has partnered with HRnext, a fully integrated Human Capital Management (HCM) software solution. This partnership enables Execupay to offer a comprehensive HCM system to its network of over 165 payroll and HR service providers, benefitting more than 1 million employees across the United States.
Execupay has established technology integrations and ecosystem partnerships with prominent organizations such as BBVACompass, Sam's Club, hCentive, busybusy, BambooHR, ALIGNHR, MemberBenefits, guidedpay, Merchant Doodle, Hayes Group, and others. These collaborations provide mutual benefits, fostering network effects and expanding Execupay's reach to new customer segments.
Execupay Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Execupay Public Cloud and Infrastructure (IaaS)
- Execupay Platform (PaaS)
- Execupay Application Delivery
- Execupay 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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