Payworks Among HCM Top 500

1565 Willson Place

Winnipeg, MB, R3T 4H1, Canada

1 866-788-3500

http://www.payworks.ca/

105

Payworks Recent Developments

In April 2017, Payworks launched of Absence Management, an easy-to-use time off request system that integrates with payroll and lets you intelligently and efficiently track employee absences. Absence Management expands on the capabilities of Payworks’ existing Time Off Request screens with smart and efficient functionality, extensive configuration options, and a powerful manager toolset.

Payworks Key Cloud & HCM Applications

Payworks,

SCORES Analysis

Payworks Strengths

Canadian-owned, Payworks provides total workforce management applications. Payworks cloud-based Payroll, Human Resource and Time Management solutions all share a single common database. This means no interfaces, no double entry and all systems update each other seamlessly and in real-time. Payworks deliver a differentiated experience through their personalized service and innovative cloud-based solutions. Committed to integrity, trust, and accountability, they are dedicated to being a company where its employees are proud to work and their clients and strategic partners are proud to do business.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Payworks HCM & Cloud HCM Applications Revenues, $M:

Type/Year 2016 2017 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.

Payworks Revenue Breakdown by Type:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Payworks Total & HCM Applications Revenues by Region:

Region % of Total Revenues 2017 Total Revenues, $M 2017 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Payworks Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Payworks Customers

No. of Customers: Subscribe

No. of HCM Applications Customers: Subscribe

No. of Cloud HCM Customers: Subscribe

No. of Cloud HCM Subscribers: Subscribe

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Payworks Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Payworks Risks

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  • Ability to handle internal and external risk and challenges

Payworks Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Payworks Cloud Platform (PaaS) & Infrastructure (IaaS) Details

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

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).




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