Insperity, Inc. Strengths, Domain Expertise, and Key Differentiators
Insperity's comprehensive suite of solutions stands out as a transformative force in human resources management. Through its Workforce Optimization solution, Insperity offers not only HR applications but also administrative support, enhanced benefits packages, risk mitigation strategies, and structured methodologies for enhancing productivity.
Beyond this flagship offering, Insperity provides a broad array of services spanning Human Capital Management, Payroll Services, Time and Attendance tracking, Performance Management, Organizational Planning, Recruitment Services, Employment Screening, Financial Services, Expense Management, Retirement Services, and Insurance Services.
Insperity, Inc. Recent Developments
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.
This latest release underscores Insperity's dedication to innovation and customer satisfaction, providing organizations with the tools they need to streamline operations, improve productivity, and drive business success.
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: 4400
Functional Market: Workforce Analytics, Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Applicant Tracking Systems, Performance Management, Learning and Development, Succession Planning,
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, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Insperity, Inc. Key Cloud and HCM Applications
Insperity Workforce Optimization, Insperity Premium
Insperity, Inc. HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | 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 | 2023 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 | 2023 Total Revenues, $M | 2023 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
| Region | 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's expansive client base underscores its significant footprint in the market, catering primarily to small and medium-sized businesses (SMBs). With a clientele exceeding 100,000 client companies and encompassing over 2 million employees, Insperity's reach extends across various industries and sectors.
Notable among its clientele are esteemed organizations such as Emerson Investment Management, Golden Key Group, The Receivables Exchange, and United Through Reading, among others. This diverse roster of clients underscores Insperity's ability to deliver tailored solutions to meet the unique needs of businesses across different domains.
Insperity, Inc. Market Opportunities, M&A and Geo Expansions
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.
This partnership underscores Insperity's commitment to delivering seamless and integrated solutions to businesses leveraging NetSuite's platform. Furthermore, Insperity's strategic acquisitions have bolstered its capabilities in expense management, timesheet reporting, and HR applications, enabling the company to scale its offerings and provide comprehensive solutions to meet the evolving needs of businesses.
Insperity, Inc. Risks and Challenges
Variations in economic activity levels and credit availability can impact the demand for outsourced HR services, potentially leading to reduced employment, compensation, and benefit levels among SMB clients.
Additionally, during periods of economic downturn, clients may face difficulties meeting financial obligations to Insperity and could seek alternative HR services at more competitive rates. This dynamic landscape underscores the importance for Insperity to closely monitor economic indicators and adapt its offerings to meet evolving client needs.
While Insperity aims to expand both within its existing markets and into new regions, it acknowledges the influence of economic, statutory, and regulatory factors specific to key markets such as New York, California, and Texas, which collectively account for a significant portion of its revenues. As Insperity navigates these challenges, strategic planning and flexibility will be essential to maintaining financial stability and fostering future growth.
Insperity, Inc. Ecosystem, Partners, Resellers and SI
In 2024 The strategic partnership between Workday and Insperity, Inc. marks a significant milestone in the realm of HR solutions for small and midsize businesses.
By joining forces, these industry leaders aim to deliver an unparalleled full-service HR solution tailored to the unique needs of SMBs. Leveraging Insperity's extensive expertise in workforce optimization and premium service experience, complemented by Workday Human Capital Management (HCM), customers can access a comprehensive suite of HR services, including dedicated HR specialists, payroll and benefits administration, risk management, and compliance support.
This joint offering represents a fusion of cutting-edge technology and personalized service, empowering SMBs to streamline their HR processes, mitigate risk, and drive organizational success. With a shared commitment to innovation and customer-centric solutions, Workday and Insperity are poised to redefine the HR landscape and deliver exceptional value to businesses of all sizes.
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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- Insperity, Inc. Public Cloud and Infrastructure (IaaS)
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- Insperity, Inc. Private Cloud and Data Centers
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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