Flock Software Strengths, Domain Expertise, and Key Differentiators
Flock is an all-in-one platform for HR, benefits, and compliance. The solution serves small to medium businesses. It's making the previously onerous, paper-intensive, and compliance processes more simple. The software is subsidized by its partner network of insurance brokers that sponsor the benefits administration and compliance modules.
Flock Software Recent Developments
In October 2020, Flock launched API integration with Guardian. The new Flock-Guardian API integration is a unique connection that enables Flock broker partners and employer admins to sync to Guardian in ways that no other platform can offer. Instead of waiting for weeks, data will be imported from Guardian within minutes. Customers get immediate engagement with eligibility management, instant transfer and verification of enrollment information, and online EOI submission and status tracking.
Flock Software Mergers and acquisitions (M&A) Activities
In October 2021, Paychex, Inc., provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services acquired Flock, a benefits enrollment and administration, onboarding, and human resources information system (HRIS) provider, based in San Francisco. With the acquisition, Paychex is gaining state-of-the-art benefits administration software that is aligned with the company’s commitment to driving innovation and delivering a suite of digital services.
Flock Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Flock 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 Flock 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 Flock HR Platform customers.
Flock Software Overview
Ownership: - x
Number of Employees: 40
Functional Market: Absence and Leave Management, Workforce Analytics, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Performance and Goal Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Flock Software Key Cloud and HCM Applications
Flock HR Platform
Flock Software HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2019 | 2020 | 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.
Flock Software 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% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Flock Software HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
Flock Software HCM Applications Revenues By Verticals, $M:
Flock Software Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Flock Software Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Flock Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Flock Software Customers
No. of Flock Software Customers: x
No. of Flock Software HCM Applications Customers: x
No. of Flock Software Cloud HCM Customers: x
No. of Flock Software Cloud HCM Subscribers: x
Among Flock Software customers are: The Leavitt Group, Briotix, H2Optx Inc., Central Valley Automotive Group, Capella, Myriad Supply, Cecil College, Blackbag Technologies, Sequoia, Defence Consulting Service, Taylor Metal, Zumper and many others.
Flock Software Market Opportunities, M&A and Geo Expansions
In the new season, the Flock team has been making new strides towards making benefits management seamless for our broker and company admin users by simplifying the enrollment process for their employees. The enhanced features include: Enhance remote workforce management, simplify open enrollment and seamless payroll deduction management.
As a result of the acquisition, there will be no disruption to Flock’s service operations or customer relationships. The organization will continue to operate as it does today, and all Flock employees will join Paychex. The customer-first mindset at Paychex aligns perfectly with Flock’s culture and ethics, and together, will deliver a different experience for employers and their employees.
Flock Software Risks and Challenges
The combination of two independent businesses is complex, costly and time-consuming, Paychex and Flock will be required to devote significant management attention and resources to integrating the business practices and operations of Flock into Paychex.
Flock Software Ecosystem, Partners, Resellers and SI
Flock provides a paperless and automated system for the administrative tasks required to onboard and continuously manage employees and can easily integrate with some well-known software. Some of the integration partners are ADP, Beam Dental, Unum, Checkr, HealthEquity, etc.
Flock Software Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Flock Software Public Cloud and Infrastructure (IaaS)
- Flock Software Platform (PaaS)
- Flock Software Application Delivery
- Flock Software 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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