Insperity, Inc. Strengths, Domain Expertise, and Key Differentiators
Insperity is a U.S.-based provider of human resources and business performance solutions, primarily serving small and midsize businesses. The company offers services such as payroll processing, benefits administration, HR compliance, and talent management, delivered through both a full-service PEO model and standalone cloud-based HCM solutions.
Insperity, Inc. Recent Developments
The company targets a 0.5% to 3% increase in its worksite employee base for 2025, aiming to offset challenges posed by rising healthcare costs and a competitive labor market.
Insperity unveiled its latest innovation with the release of Insperity TimeStar 8.0. As the company's flagship time and attendance tracking software solution, TimeStar 8.0 embodies Insperity's commitment to delivering cutting-edge technology and empowering businesses to optimize their workforce management processes.
With enhanced features and functionalities, including advanced time tracking, scheduling, and reporting capabilities, TimeStar 8.0 offers unparalleled efficiency and accuracy in managing employee time and attendance.
Insperity, Inc. Mergers and acquisitions (M&A) Activities
The company targets a 0.5% to 3% increase in its worksite employee base for 2025, aiming to offset challenges posed by rising healthcare costs and a competitive labor market.
Insperity unveiled its latest innovation with the release of Insperity TimeStar 8.0. As the company's flagship time and attendance tracking software solution, TimeStar 8.0 embodies Insperity's commitment to delivering cutting-edge technology and empowering businesses to optimize their workforce management processes.
With enhanced features and functionalities, including advanced time tracking, scheduling, and reporting capabilities, TimeStar 8.0 offers unparalleled efficiency and accuracy in managing employee time and attendance.
Insperity, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Insperity, Inc. 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 Insperity, Inc. 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 Insperity Workforce Optimization, Insperity Premium customers.
Insperity, Inc. Overview
Ownership: - NSP : NYSE
Number of Employees: 4500
Functional Market: Workforce Analytics, Workforce Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Recruiting, Performance Management, Learning and Development, Succession Planning, Compensation Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Insperity, Inc. Key Cloud and HCM Applications
Insperity Workforce Optimization, Insperity Premium
Insperity, Inc. HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
Insperity, Inc. Revenue Breakdown by Type:
Insperity, Inc. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
Insperity, Inc. HCM Applications Revenues By Verticals, $M:
Insperity, Inc. Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Insperity, Inc. Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Insperity, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Insperity, Inc. Customers
No. of Insperity, Inc. Customers: 100000
No. of Insperity, Inc. HCM Applications Customers: x
No. of Insperity, Inc. Cloud HCM Customers: x
No. of Insperity, Inc. Cloud HCM Subscribers: 2 million
Insperity serves a large number of small and medium-sized businesses (SMBs), with a reported client base of over 100,000 companies and more than 2 million employees. Its services are used across multiple industries. Clients include organizations such as Emerson Investment Management, Golden Key Group, The Receivables Exchange, and United Through Reading. This range reflects the company’s presence in various sectors.
Insperity, Inc. Market Opportunities, M&A and Geo Expansions
The company plans to increase its sales locations from 46 to over 90 by the end of 2025, aiming to broaden its market presence and client base.
Insperity's strategic collaboration with NetSuite represents a significant milestone in its expansion strategy. By integrating its Human Capital Management (HCM) applications into the NetSuite SuiteCloud Developer Network through a validation program, Insperity extends its reach to NetSuite's extensive customer base.
Insperity, Inc. Risks and Challenges
Specific risk for Insperity is its reliance on a limited number of third-party vendors for key services, such as health insurance, payroll software, and benefits administration platforms. Disruptions, pricing changes, or terminations in these vendor relationships could affect Insperity’s ability to deliver consistent service to its clients, potentially leading to customer dissatisfaction or loss of business.
Insperity, Inc. Ecosystem, Partners, Resellers and SI
Insperity partners with various organizations to expand its human capital management (HCM) solutions. This includes strategic alliances like its partnership with The CFO Alliance, which designates Insperity as a preferred HR service provider. The company also works with insurance brokers to co-sell its PEO services, offering benefits administration, risk management, and compliance support. Additionally, Insperity integrates with platforms like Finch and Thoropass to improve HR process efficiency through data exchange for payroll and compliance tasks. These partnerships help Insperity extend its HR offerings to a broader client base.
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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