PeopleStrategy Strengths, Domain Expertise, and Key Differentiators
PeopleStrategy provides comprehensive solutions to small and mid-sized companies, ranging from 25 to 300+ employees, through a robust hire-to-retire platform. This integrated platform encompasses a suite of functionalities designed to streamline various HR processes, including hiring and recruiting, applicant tracking, onboarding, electronic data management, payroll, payroll tax-filing, time and attendance, benefits administration, performance management, compensation planning, and reporting. In addition to its core offerings, PeopleStrategy collaborates with strategic partners to deliver supplementary products and services that support HR profssionals in areas such as compliance, non-insured benefits programs, services, and compensation planning. As a full-service brokerage, the company extends access to seasoned benefits professionals, empowering clients to formulate and implement a sustainable, long-term benefits strategy.
PeopleStrategy Recent Developments
In September 2021, PeopleStrategy forged a strategic partnership with Fyle, a collaboration aimed at delivering a seamlessly integrated expense management experience. This initiative aligns with PeopleStrategy's broader commitment to fostering valuable alliances that provide employers with enhanced access to an array of products and services pertaining to financial wellness, compensation, and people risk management.
PeopleStrategy Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying PeopleStrategy 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 PeopleStrategy 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 PeopleStrategy eHCM customers.
PeopleStrategy Overview
Ownership: - x
Number of Employees: 180
Functional Market: Time and Attendance, Core HR, Payroll, Benefits Administration, Onboarding, Recruiting, Applicant Tracking Systems, Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, 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, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
PeopleStrategy Key Cloud and HCM Applications
PeopleStrategy eHCM
PeopleStrategy 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.
PeopleStrategy Revenue Breakdown by Type:
PeopleStrategy 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 | |
PeopleStrategy HCM Applications Revenues By Verticals, $M:
PeopleStrategy 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 |
PeopleStrategy Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
PeopleStrategy Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified PeopleStrategy Customers
No. of PeopleStrategy Customers: x
No. of PeopleStrategy HCM Applications Customers: x
No. of PeopleStrategy Cloud HCM Customers: x
No. of PeopleStrategy Cloud HCM Subscribers: x
PeopleStrategy boasts a diverse clientele spanning various industries, showcasing a breadth of organizational representation. The average client size within this esteemed portfolio hovers around 200 employees, indicative of the company's ability to cater to the nuanced needs and requirements of mid-sized enterprises across a spectrum of business sectors.
PeopleStrategy Market Opportunities, M&A and Geo Expansions
In July 2021, PeopleStrategy entered into a collaborative alliance with PERKY, enhancing the capacity of employee benefit decision-making. This strategic partnership facilitates access to PERKY BENEFITS, a comprehensive turnkey solution, for PeopleStrategy's employer clients. The seamless integration of PERKY BENEFITS into the PeopleStrategy platform offers a pre-enrollment experience, providing enhanced convenience and efficiency. For brokers and other partners, this collaboration streamlines the enrollment process by offering a consolidated platform. The inclusion of decision support within this integrated system eliminates the complexities associated with managing multiple systems.
PeopleStrategy further distinguishes itself by offering a bundled solution that combines its flagship HR technology with brokerage and administrative services. Additionally, clients benefit from professional services such as benefits consulting, administration, and compliance, ensuring a holistic and integrated approach to their HR and benefits needs.
PeopleStrategy Risks and Challenges
PeopleStrategy is strategically focusing on the small and mid-market segments, characterized by their heightened competitiveness within the Human Capital Management (HCM) technology landscape.
PeopleStrategy Ecosystem, Partners, Resellers and SI
PeopleStrategy is actively pursuing the expansion of its bundled solution distribution via its Partner Network, a pivotal component of the company's comprehensive channel strategy. Comprising seasoned and licensed professionals, the PeopleStrategy Partner Network is united by a common commitment and enthusiasm to furnish small and midsize businesses with products and services conducive to fostering a holistic and efficacious people strategy.
PeopleStrategy Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- PeopleStrategy Public Cloud and Infrastructure (IaaS)
- PeopleStrategy Platform (PaaS)
- PeopleStrategy Application Delivery
- PeopleStrategy 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
https://www.appsruntheworld.com/FAQ
