Insperity, Inc. Strengths, Domain Expertise, and Key Differentiators
Insperity delivers HR applications, administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its Workforce Optimization solution. Other offerings include Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial Services, Expense Management, Retirement Services, and Insurance Services.
Insperity, Inc. Recent Developments
In the second half of 2017, Insperity launched Insperity Premier platform, an cloud-based human capital management (HCM) system. This next-generation HCM platform was designed specifically to optimize the delivery of Insperity’s flagship full-service HR offering, Workforce Optimization.
Some of the other features include intuitive and efficient payroll and employee administration, onboarding and interactive benefits enrollment systems that empower employees to feel confident in their retirement and health plan elections, and integration with Business Performance Solutions modules such as Insperity Time and Attendance, Performance Management and Organizational Planning. A reporting and advanced analytics engine provide executives and managers alike with the insights necessary to make the right decisions to sustain growth and manage risk with features such as advanced job costing and custom reporting. In addition, Insperity Premier has an enhanced two-factor security model and is accessible anytime, anywhere on any device.
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, customers.
Insperity, Inc. Overview
Ownership: - NSP : NYSE
Number of Employees: 3500
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Insperity, Inc. Key Cloud and HCM Applications
Insperity Workforce Optimization,
Insperity, Inc. 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.
Insperity, Inc. Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Insperity, Inc. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Insperity, Inc. HCM Applications Revenues By Verticals, $M:
Insperity, Inc. Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
Insperity, Inc. Direct vs Indirect sales
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Insperity, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
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 is serving more than 100,000 client companies (small and medium-size businesses) with more than 2 million employees. Among Insperity customers are Emerson Investment Management, Golden Key Group, The Receivables Exchange, United Through Reading, Regional Reporting, Hester Capital Management, Vynamic, Centage Corporation, Driveline Retail Merchandising, Valkyrie, Novatech, JibJab, Barsa&Company CPAs, The Mortgage House, The Ronald Reagan Presidential Foundation, National Assembly on School-Based Health Care, Navistar, Thelab, The Bioengineering Group, and others.
Insperity, Inc. Market Opportunities, M&A and Geo Expansions
Insperity partnered with NetSuite by making its HCM applications available to NetSuite customers through a validation program as part of NetSuite SuiteCloud Developer Network. That followed a series of acquisitions that allowed Insperity to scale out its expense management, timesheet reporting and HR applications.
Insperity, Inc. Risks and Challenges
The small and medium-sized business market is sensitive to changes in economic activity levels as well as the credit markets. As a result, the demand for the outsourced HR services they provide clients could be adversely impacted by weak economic conditions or difficulty obtaining credit. Current and prospective clients may respond to such conditions by reducing employment levels, compensation levels, employee benefit levels and outsourced HR services.
In addition, during periods of weak economic conditions, current clients may have difficulty meeting their financial obligations to Insperity and may select alternative HR services at more competitive rates than Insperity offer. Such developments could adversely impact their financial condition, results of operations and future growth rates.
Insperity's New York, California and Texas markets accounted for approximately 10%, 16%, and 21% (including 9% in Houston), respectively, of their WSEEs for the year ended December 31, 2019. Accordingly, while they have a goal of expanding in their current markets and into new markets, for the foreseeable future, a significant portion of our revenues may be subject to economic, statutory, and regulatory factors specific to New York, California, and Texas.
Insperity, Inc. Ecosystem, Partners, Resellers and SI
Insperity operates in 70 offices, including 60 sales offices throughout the United States in the following markets: Atlanta, Austin, Baltimore, Boston, Charlotte, Chicago, Columbus, Dallas/Fort Worth, Denver, Houston, Kansas City, Los Angeles, Madison, Minneapolis, Nashville, New Jersey, New York City, Orlando, Phoenix, Raleigh, San Antonio, San Diego, San Francisco, St.Louis, Washington, D.C.
Insperity, Inc. 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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