HRsoft Strengths, Domain Expertise, and Key Differentiators
HRsoft is a compensation management SaaS Vendor. HRsoft started almost 20 years ago as a full suite of SaaS-based people management solutions.
COMPview is a compensation planning solution that dramatically reduces the time and stress associated with complex compensation cycles by fully automating a more streamlined, accurate and auditable process.
REWARDview is an online employee communication portal that gives employers a proactive year-round, strategic tool to engage and retain employees by providing a better understanding of the full value of their compensation package including salary, benefits, equity and more.
HRsoft Recent Developments
In July 2018, Bellwether Financial Group completes capital raise for HRsoft.
HRsoft Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HRsoft 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 HRsoft 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 HRsoft Compensation Management Software, HRsoft Total Rewards Solution, COMPview, REWARDview, customers.
Ownership: - x
Number of Employees: 74
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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 Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
HRsoft Key Cloud and HCM Applications
HRsoft Compensation Management Software, HRsoft Total Rewards Solution, COMPview, REWARDview,
HRsoft HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2018||2019||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.
HRsoft Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
HRsoft HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
HRsoft HCM Applications Revenues By Verticals, $M:
HRsoft Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
HRsoft Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
HRsoft Customers - Breakdown by Geo, Size, Vertical and Product
No. of HRsoft Customers: x
No. of HRsoft HCM Applications Customers: x
No. of HRsoft Cloud HCM Customers: x
No. of HRsoft Cloud HCM Subscribers: x
From worldwide enterprises to midsize manufacturers, HRsoft is trusted by leading organizations across the globe. Working with companies in just about every industry, they have honed their Compensation and Total Rewards solutions to meet the needs of all companies.
Some of these clients are: Microsemi, Gannett, Wawa, DentaQuest, Masimo, Square, and many others.
HRsoft Market Opportunities, M&A and Geo Expansions
HRsoft has joined Ultimate Software's UltiPro Developer Network. The new partnership gives HRsoft and Ultimate the ability to integrate their solutions to make it easier for mutual clients to exchange data between the UltiPro HCM solution and HRsoft's compensation management software solution, COMPview.
HRsoft Risks and Challenges
Reporting can be a little robust, and the general aesthetics can use an update to give rise to expanding the client.
HRsoft Ecosystem, Partners, Resellers and SI
HRsoft partners with leading HR service providers whose offerings complement their COMPview and REWARDview solutions.
HRsoft have been named as the Preferred Compensation Partner for Ultimate Software.
Some of HRsoft partners are: Ultimate Software, Xactly, Payfactors, Conduent, Compensation & HR Group, and many others.
HRsoft Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- HRsoft Public Cloud and Infrastructure (IaaS)
- HRsoft Platform (PaaS)
- HRsoft Application Delivery
- HRsoft 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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