PlanSource Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

122 W. Pine Street, Suite 203

Orlando, FL, 32801, United States

1 877-735-0468

https://www.plansource.com/

249 PlanSource

PlanSource Strengths, Domain Expertise, and Key Differentiators

PlanSource is a technology company driven to create a better benefits experience for employees and the HR teams that support them. More than 5 million users use the PlanSource platform, which provides flexible software and services for benefits administration. By combining industry-leading software and a full suite of technology-enabled services, PlanSource provides companies of all sizes with a complete solution for benefits shopping, enrollment, billing, compliance, and administration.

PlanSource Recent Developments

PlanSource released the Celadon Product Release to all customers and partners, focusing on a new platform to improve the experience for HR teams and their employees, and more.

PlanSource Mergers and acquisitions (M&A) Activities

PlanSource released the Celadon Product Release to all customers and partners, focusing on a new platform to improve the experience for HR teams and their employees, and more.

PlanSource Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying PlanSource 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 PlanSource 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 PlanSource Benefits Administration customers.

PlanSource Key Cloud and HCM Applications

PlanSource Benefits Administration

PlanSource HCM and Cloud HCM Applications Revenues, $M:

Type/Year20232024YoY 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.

PlanSource Revenue Breakdown by Type:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

PlanSource Total and HCM Applications Revenues by Region:

Region% of Total Revenues2024 Total Revenues, $M2024 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

PlanSource Direct vs Indirect sales

TypeDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

PlanSource Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified PlanSource Customers


No. of PlanSource Customers: 3500

No. of PlanSource HCM Applications Customers: 3500

No. of PlanSource Cloud HCM Customers: 3500

No. of PlanSource Cloud HCM Subscribers: 5 million


Cloud-based technology helps nearly 3500 employers and 5 million consumers with benefits shopping, enrollment, billing, compliance, and administration. Among PlanSource customers are BOSS, Goodwill Industries, 1-800-PetMeds, Saber Healthcare Group, Hard Rock, Delta Private Jets, Xero, Bumble Bee, PES Enrollments, Unum, Reliance Standard and many more.

PlanSource Market Opportunities, M&A and Geo Expansions

PlanSource is well-positioned to capitalize on emerging opportunities in the HR technology and employee benefits space through the continued evolution of its platform, as demonstrated by the launch of its Sunglow software release. This latest innovation underscores the company’s focus on delivering a modern, intuitive benefits experience that enhances decision-making for employees while streamlining administrative processes for HR leaders.

PlanSource Risks and Challenges

In 2024, PlanSource is experiencing growth and innovation under the leadership of newly appointed CEO Mike Morini, but the company faces potential risks tied to leadership transition and strategic execution. Morini brings a strong pedigree in scaling SaaS platforms, yet any leadership change introduces short-term operational uncertainties, especially during periods of transformation.

PlanSource's sales are concentrated in the United States and expanding into other markets will be a challenge. Expanding into other markets introduces external risks, such as cultural differences, and varying competitive dynamics.

PlanSource Ecosystem, Partners, Resellers and SI

PlanSource has established a robust and expanding ecosystem by integrating with leading Human Capital Management (HCM) platforms such as Ultimate Software, Oracle NetSuite, BambooHR, Kronos, and Paycor. These strategic integrations enhance PlanSource’s value proposition by offering seamless data connectivity across critical HR and benefits functions.

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/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ