Flex Applications Strengths, Domain Expertise, and Key Differentiators
Flex Applications provides tools to manage payroll, expense reports, and timesheets, to schedule staff, to support and develop business processes in HR. Flex HRM is a complete, web-based HR system to support and develop business processes in HR that covers everything from time reports and travel bills to staffing, HR support, and payroll. Flex Applications has offices in Örebro, Stockholm, Gothenburg, Södertälje, Motala, Karlstad and Oslo. The head office is located in Orebro.
Flex Applications Recent Developments
Flex Applications provides tools to manage payroll, expense reports, and timesheets, to schedule staff, to support and develop business processes in HR.
Flex Applications Mergers and acquisitions (M&A) Activities
In 2016, Flex Applications acquired time and attendance vendor Bofab Time Services AB as it continued to upsize its product portfolio.
Flex Applications Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Flex Applications 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 Flex Applications 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 Flex HRM customers.
Flex Applications Overview
Ownership: - x
Number of Employees: 100
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K587, 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,
Flex Applications Key Cloud and HCM Applications
Flex Applications HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||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.
Flex Applications Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Flex Applications HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Flex Applications HCM Applications Revenues By Verticals, $M:
Flex Applications Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
Flex Applications Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Flex Applications Customers - Breakdown by Geo, Size, Vertical and Product
No. of Flex Applications Customers: 7000
No. of Flex Applications HCM Applications Customers: 7000
No. of Flex Applications Cloud HCM Customers: 7000
No. of Flex Applications Cloud HCM Subscribers: 600000
Flex Applications has over 3000 companies, organizations, and pay centers as customers, with approximately 400 000 users in total use one or more of our systems. Amongst them, there are: Apollo, Roslagsbanan, Lindex, St. John's Church, spice company Paulig (Santa Maria), Avis Budget, SeaBird Exploration, Tylo AB, Eurofins, Swisslog, Trygga Hjälpen, Oskarshamn Energi, Din Lön Stockholm AB, General Electric, Samhall AB, The Swedish Church (GAS), Christian Berner Tech Trade and others.
Flex Applications Market Opportunities, M&A and Geo Expansions
In addition to HR, Flex Applications also offers payroll, procurement and travel and expense management apps through partnerships with firms like Your Office and Amex.
Flex Applications Risks and Challenges
In 2016 Flex Applications acquired time and attendance vendor Bofab Time Services AB as it continued to upsize its product portfolio. Ensuring tight integration across its acquired assets and those from its partners will help shape Flex's future.
Flex Applications Ecosystem, Partners, Resellers and SI
Flex Applications partners with Doxa Ekonomi, Exaktum, Sympa.
Flex Applications Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Flex Applications Public Cloud and Infrastructure (IaaS)
- Flex Applications Platform (PaaS)
- Flex Applications Application Delivery
- Flex Applications Private Cloud and Data Centers
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:
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