HRM Software AB Strengths, Domain Expertise, and Key Differentiators
HRM Software develops and supports software solutions under the name HRM which gives organizations and companies the opportunity to plan, administer and develop their key asset - the employees. HRM Software provides innovative and personal solutions with a high degree of accessibility based on modern technology that improves the daily HR and payroll work. The solutions will also support business-critical HR processes that help to develop and maintain the company's competitiveness. HRM Software will thereby ensure that the organization can optimize the value of their most important asset - employees and contribute in that way to improved performance and results of operations. As part of real-estate developer Simonsson group, HRM Software is well connected in the Scandinavian market.
HRM Software AB Recent Developments
In April 2020, HRM Software introduced new functionality in their HRM system, with which documents such as employment contracts, employee interviews, job descriptions can be linked to people and employees, and be available to managers and employees. Documents can be marked as "employee documents" and have a strengthened authorization so that only employees and the immediate manager have access to the document.
In June 2019, HRM launched a signing service where companies can send employment contracts for signing with Mobilt BankID. The signing service has been developed in collaboration with Kivra, a leading Swedish supplier in digital mailboxes. HRM will be the first in the market to offer the service. The new signing service is simple and powerful, with the possibility of getting digital signatures with Mobile BankID regardless of whether the recipient is using Kivra or not.
HRM Software AB Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HRM Software AB 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 HRM Software AB 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 HRM customers.
HRM Software AB Overview
Ownership: - Simonssongruppen AB
Number of Employees: 70
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K430, 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, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
HRM Software AB Key Cloud and HCM Applications
HRM Software AB 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.
HRM Software AB 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%|
HRM Software AB HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
HRM Software AB HCM Applications Revenues By Verticals, $M:
HRM Software AB Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
HRM Software AB Direct vs Indirect sales
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HRM Software AB Customers - Breakdown by Geo, Size, Vertical and Product
No. of HRM Software AB Customers: 100
No. of HRM Software AB HCM Applications Customers: 100
No. of HRM Software AB Cloud HCM Customers: 100
No. of HRM Software AB Cloud HCM Subscribers: x
HRM Software customers include Swedish Courts, Gislaved Municipality, Uppsala Municipality, Folksam, Sandvik, Sweco, and Skanska, covering more than 100,000 employees.
HRM Software AB Market Opportunities, M&A and Geo Expansions
In September 2020,HRM Software signed a long-term agreement with Gislaved municipality. The municipality of Gislaved was looking to find someone who can deliver a complete solution for HR processes, and they chose HRM Software, which will deliver an HR and payroll solution. The total value of the deal was estimated at SEK 40 million or around 4.5 million USD, and the agreement was signed for 16 years.
HRM Software AB Risks and Challenges
Boosting its HR, payroll, talent management, and time attendance capabilities in order to increase wallet share among its key accounts will be critical to HRM Software long-term success through global standardization of HR processes, given the fact many of its customers also run other HR systems.
HRM Software AB Ecosystem, Partners, Resellers and SI
HRM Software does primarily direct sales.
HRM Software AB Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- HRM Software AB Public Cloud and Infrastructure (IaaS)
- HRM Software AB Platform (PaaS)
- HRM Software AB Application Delivery
- HRM Software AB 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).
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