Immedis Strengths, Domain Expertise, and Key Differentiators
Built on a solid foundation of international employment and mobility tax expertise, Immedis offers cutting-edge global payroll technology and access to a team of global and local payroll and tax experts. Processing payroll in over 150 countries, the Immedis platform provides a unified view of global payroll operations, real-time data analytics and advance reporting capability, all while ensuring legislative compliance and data security. With deep integration capabilities with HCM and finance providers, Immedis dramatically simplifies multi-country payroll obligations.
Immedis recently was certified by Workday and Ultimate. These new partnership makes it easier for mutual customers to exchange data between market leading HCM solutions and the Immedis Platform through an integration, as well as heling to reduce the costs and barriers associated with deploying, integrating, and managing a consolidated global payroll.
Immedis Recent Developments
Immedis is a provider of enterprise payroll solutions, delivering secure, compliant, zero-defect, touchless payroll for global organizations. Immedis' approach is to deliver payroll accuracy and a global harmonized gross to net. This enables organizations to improve efficiency, operate profitably and scale continuously; all while having peace of mind when it comes to data security and compliance.
Processing payroll in 150 countries worldwide, the Immedis platform supports the complete end-to-end payroll cycle and provides advanced reporting and real-time data analytics; all while ensuring data security and compliance. With deep integration capabilities with HCM and Finance software, Immedis transforms payroll by delivering touchless, accurate payroll processing.
Immedis’ real-time reports and analytics offer actionable insights into operational costs and are a core part of the platform. Detailed analytics deliver actionable insights with a global view of the true cost of employment in all countries, by all wage elements. Immedis is customer-centric, with a dedicated Customer Success Manager appointed to each customer, who works with regional Payroll Operation hubs across LATAM/US, EMEA and APAC providing payroll support.
The Immedis Platform and business model is firmly built on a foundation of international payroll and employment tax expertise. With over two decades of expertise as a member of the Taxback Group, a collection of global companies that delivers focus driven, digitalised solutions to simplify the complexity of global business.
Immedis Mergers and acquisitions (M&A) Activities
In May 2017, Immedis bought US international payroll company, Expaticore. The acquisition signifies a key step in the organisation’s ambitious growth plans, and its commitment to being the best in the field of international payroll and tax services. Expaticore, a tremendously successful company in its own right, has an established international client base and a proven reputation for high quality work, which has led to impressive client retention rates.
Immedis Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Immedis 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 Immedis 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 Immedis Payroll Platform customers.
Ownership: - x
Number of Employees: 250
Functional Market: Payroll,
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,
Immedis Key Cloud and HCM Applications
Immedis Payroll Platform
Immedis HCM and Cloud HCM Applications Revenues, $M:
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|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.
Immedis Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Immedis HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Immedis HCM Applications Revenues By Verticals, $M:
Immedis Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
Immedis Direct vs Indirect sales
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Immedis Customers - Breakdown by Geo, Size, Vertical and Product
No. of Immedis Customers: x
No. of Immedis HCM Applications Customers: x
No. of Immedis Cloud HCM Customers: x
No. of Immedis Cloud HCM Subscribers: x
Some of the world’s leading organizations trust Immedis to manage their global payroll operations and fulfil their employment tax obligations. Immedis work across all industry sectors helping simplify global payroll and employment tax for their clients. Immedis current client list includes among others McAfee, ESB International, Apex Fund Services, The New York Institute of Technology, Clinton Foundation, Wayfair, eSilicon, Linesight, Laureate, Abbvie, First Derivates Plc, Franklin Templeton Investments, Fexco and many others.
Immedis Market Opportunities, M&A and Geo Expansions
in June 2019, Immedis has secured €25 million in strategic investment from Scottish Equity Partners (SEP), a top-performing venture capital and growth equity firm backed by blue chip international investors including the Ireland Strategic Investment Fund. This investment accelerates Immedis international expansion into new markets across the US, EMEA and APAC. Also, this investment will fuel the creation of over 200 new jobs in the next 18 months and increased R&D into developing market-leading technology solutions.
Immedis Risks and Challenges
Immedis revenue depends on services.
Immedis Ecosystem, Partners, Resellers and SI
Immedis does most of its sales via its own Direct Salesforce.
Immedis Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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