G-P (ex Globalization Partners) Strengths, Domain Expertise, and Key Differentiators
Since 2012, G-P have consistently delivered global compliance and workforce solutions tailored to the specific requirements of burgeoning companies. At the core of G-P's global expansion strategy lies the G-P Meridian Suite, a collection of SaaS-based global employment products.
G-P plays a pivotal role in enabling thousands of clients to swiftly and legally assemble and manage teams across more than 180 countries navigating the intricate landscapes of legal, tax, and HR compliance. Their commitment to empowering growing enterprises is evident in their capacity to transform the labor force, facilitating the formation of highly skilled global teams in a matter of days rather than the traditional months.
Through their SaaS-based Global Growth Platformâ„¢, G-P streamlines the processes of talent identification, recruitment, onboarding, payroll management, and team supervision, ensuring a rapid and compliant expansion of opportunities for businesses everywhere.
G-P (ex Globalization Partners) Recent Developments
In October 2022, Globalization Partners, now operating under the brand name G-P, unveiled its rebranding, which symbolizes the evolution of borderless business and the capacity to tap into a diverse pool of talent, transcending geographical and time zone boundaries. This transformation is particularly significant for G-P, given their forthcoming plans to introduce a range of innovative products in the coming months. These additions to their SaaS-based technology platform are aimed at further enriching the customer experience.
These innovative solutions include a generative AI-enabled Global Intelligence Assistant (GIA) that offers real-time guidance and support throughout the global expansion process.
Additionally, they introduced G-P MeridianTM Advisor, which combines AI insights and human-led advisory services to assist with global growth, HR policies, compliance, and more in over 180 countries.
G-P MeridianTM Entity enables businesses to set up and manage new entities with cost estimations and compliance support. This move aligns with G-P's mission to revolutionize business growth by leveraging AI intelligence and human expertise.
G-P also introduced features for scalability and efficiency, including bulk processing capabilities for tasks like employment contract creation and payroll requests, streamlining operations and reducing errors.
G-P (ex Globalization Partners) Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying G-P (ex Globalization Partners) 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 G-P (ex Globalization Partners) 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 G-P Meridian Suite customers.
G-P (ex Globalization Partners) Overview
Ownership: - x
Number of Employees: 1600
Functional Market: Absence and Leave Management, Scheduling, Task Management, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Sourcing, Onboarding, Recruiting, Candidate Relationship Management, Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
G-P (ex Globalization Partners) Key Cloud and HCM Applications
G-P Meridian Suite
G-P (ex Globalization Partners) 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.
G-P (ex Globalization Partners) Revenue Breakdown by Type:
G-P (ex Globalization Partners) 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 | |
G-P (ex Globalization Partners) HCM Applications Revenues By Verticals, $M:
G-P (ex Globalization Partners) 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 |
G-P (ex Globalization Partners) Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
G-P (ex Globalization Partners) Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified G-P (ex Globalization Partners) Customers
No. of G-P (ex Globalization Partners) Customers: 2000
No. of G-P (ex Globalization Partners) HCM Applications Customers: 2000
No. of G-P (ex Globalization Partners) Cloud HCM Customers: x
No. of G-P (ex Globalization Partners) Cloud HCM Subscribers: x
G-P serves thousands of customers and has published an impressive 59 percent year-over-year customer growth. Well-known companies such as Zoom, TaylorMade, and SonicWall rely on G-P to support their expansion into new markets and the recruitment of talent across the globe. G-P's reach extends to onboarding processes in over 180 countries, backed by a 96 percent customer satisfaction rating, support for 150 currencies, 99 percent payroll accuracy rate.
G-P (ex Globalization Partners) Market Opportunities, M&A and Geo Expansions
Globalization Partners (G-P) is taking a significant step by establishing a 75-person global technology team in Northern Ireland, demonstrating a commitment to bolstering its technological capabilities. Already recruiting 25 of these positions, G-P is proactively moving forward.
This expansion is strategically timed with a recent $200 million investment from Vista Credit Partners, valuing G-P at $4.2 billion. It provides G-P with the financial backing to not only create the proposed technology team but also to continue developing innovative solutions and expanding its global employment platform.
G-P (ex Globalization Partners) Risks and Challenges
The HR industry is characterized by intense competition, involving both global and local players. This rivalry can lead to pricing pressures and the constant need for innovation to stay ahead.
Operating in multiple countries means G-P must navigate diverse labor laws and regulations, which can create compliance challenges spanning employment contracts, payroll, and tax requirements.
G-P's global presence exposes it to multiple currencies, leaving the company vulnerable to exchange rate fluctuations that can impact financial performance and cost structures.
G-P handles sensitive HR data, including employees' personal and financial information, making them susceptible to cybersecurity threats and data breaches that may result in legal repercussions and damage to trust.
G-P (ex Globalization Partners) Ecosystem, Partners, Resellers and SI
Globalization Partners (G-P) has achieved record-breaking results by leveraging its technology innovation, SaaS-based platform, extensive legal, HR, and compliance expertise, and a robust partnership network of over 400 companies, including ADP, Paychex, and TriNet.
In a recent development, G-P has entered into a strategic technology partnership with UKG, a prominent provider of HR, payroll, and workforce management solutions. This integration aims to deliver enhanced value to mutual customers by addressing intricate global employment requirements and mitigating the complexities and errors associated with disparate systems, ultimately reducing costs.
Additionally, G-P has forged another significant partnership with Wise, a global technology company specializing in cross-border money transfers. This collaboration is set to redefine how businesses remunerate international freelancers and contractors. Through the integration, companies using G-P will have direct access to an efficient payment system, ensuring fairness and transparency in compensation for all talent.
G-P (ex Globalization Partners) Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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