Reward Gateway, an Edenred Company Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

265 Tottenham Court Rd, Fitzrovia

London, x, W1T 7RQ, United Kingdom

44 20 7229-0349

https://www.rewardgateway.com/

94 Reward Gateway, an Edenred Company

Reward Gateway, an Edenred Company Strengths, Domain Expertise, and Key Differentiators

Reward Gateway supports businesses in attracting, and retaining top talent through an employee engagement platform. This platform consolidates employee benefits, discounts and perks, reward and recognition programs, employee wellbeing initiatives, communication channels, and feedback into one unified hub.

Reward Gateway, an Edenred Company Recent Developments

In September 2022, Reward Gateway unveiled the introduction of 22 innovative software integrations tailored to enhance HR operations with heightened efficiency and automation. Among these integrations are partnerships with industry leaders such as ADP Workforce Now, Paylocity, Paychex, and UKG Pro, aimed at optimizing organizational processes.

During September 2021, Reward Gateway expanded its suite with the launch of Engaged Index, a proprietary tool integrated into its employee engagement platform. This tool sets forth an employee engagement benchmark adaptable to various organizational dimensions, enabling precise identification of areas susceptible to turnover, presenteeism, and diminished morale.

In June 2020, Reward Gateway debuted Reward Gateway for Small Business, extending its renowned employee engagement solutions to organizations with fewer than 100 employees. This platform offers swift deployment, enabling businesses to bolster employee support within minutes by extending financial benefits through discounts on daily necessities, fostering employee well-being through expert-led wellness resources, implementing recognition tools to cultivate a culture of continual appreciation, and offering flexible, affordable pricing without long-term commitments.

February 2020 marked the launch of SmartInsights Employee Engagement Analytics Engine within Reward Gateway's flagship employee engagement platform. This advanced analytics suite empowers HR leaders with insights into critical metrics such as overall employee engagement, recognition activity, benefit utilization, and social interactions, equipping them to make informed decisions impacting vital business outcomes like employee retention and customer satisfaction.

Reward Gateway, an Edenred Company Mergers and acquisitions (M&A) Activities

In May 2023, Edenred software provider for people at work, acquired Reward Gateway, for £1.15 bn from funds managed by Abry Partners and Castik Capital. Together Edenred and Reward Gateway will bring a unique and differentiated value proposition at scale to the market, by providing end-to-end employee services, from digital employee benefits, employee savings, recognition and rewards programs, to well-being and corporate social animation solutions.

In March 2023, Reward Gateway completed the acquisition of Fond, a prominent U.S.-based provider specializing in employee recognition, rewards, and perks. This transaction aligns with the recent acquisitions of Reward Gateway, Xexec, and MoveSpring by Abry Partners and Castik Capital.

In the previous year, Reward Gateway successfully executed several acquisitions, notably incorporating Xexec in January and MoveSpring in March, each contributing strategically to its expansion.

Reward Gateway, an Edenred Company Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Reward Gateway, an Edenred Company 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 Reward Gateway, an Edenred Company 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 SmartHub customers.

Reward Gateway, an Edenred Company Key Cloud and HCM Applications

SmartHub

Reward Gateway, an Edenred Company HCM and Cloud HCM Applications Revenues, $M:

Type/Year20222023YoY 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.

Reward Gateway, an Edenred Company 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

Reward Gateway, an Edenred Company Total and HCM Applications Revenues by Region:

Region% of Total Revenues2023 Total Revenues, $M2023 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Reward Gateway, an Edenred Company Direct vs Indirect sales

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

Reward Gateway, an Edenred Company Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Reward Gateway, an Edenred Company Customers


No. of Reward Gateway, an Edenred Company Customers: 4000

No. of Reward Gateway, an Edenred Company HCM Applications Customers: 4000

No. of Reward Gateway, an Edenred Company Cloud HCM Customers: 4000

No. of Reward Gateway, an Edenred Company Cloud HCM Subscribers: 8000000


Reward Gateway helps companies engage, motivate and retain people, all over the world. Serves more than over 4,000 users in 23 countries, and more than 8 million employees use its employee engagement products. Its technology powers employee benefits, employee recognition, total reward statements, employee communications, and employee engagement. Among clients are American Express, Unilever, Samsung, IBM, McDonald’s and more.

Reward Gateway, an Edenred Company Market Opportunities, M&A and Geo Expansions

Reward Gateway has officially joined the SAP® SuccessFactors® Program, receiving certification for its integration with SAP's cloud solutions. This collaboration enables organizations to seamlessly update employee data securely, automatically populating users into the Reward Gateway platform. The partnership, certified by the SAP Integration and Certification Center (SAP ICC), streamlines deployment, eliminating manual intervention and providing HR teams with enhanced insights into employee engagement. The integration enhances the Reward Gateway platform's security and automation, reinforcing its position to offer SAP solution users a streamlined approach to employee engagement. The SAP integration is part of Reward Gateway's extensive portfolio of over 60 integrations, contributing to time savings for teams.

Employee wellbeing solutions are increasingly sought by employers to support their people’s experience and to enhance engagement. With the acquisition of MoveSpring, Reward Gateway now offers one of the most comprehensive, end-to-end employee engagement platforms available to support employee. This is only our next step in advancing wellbeing as a core element of our mission and our engagement platform

In October 2021, Reward Gateway launched its “On the Spot” recognition feature that makes it easier for managers to present in-person recognition (monetary or non-monetary) to frontline employees in retail, hospitality, warehouse, and manufacturing environments. The feature enables and tracks recognition of whether or not an employee’s name is known or captured at the time of the recognition moment.

In August 2020, Reward Gateway added Open API capabilities for its Employee Engagement Platform. This expands the ability for clients and other third-party HRIS systems to connect to Reward Gateway’s platform in order to support the development of new applications and to automate HR processes.

The new Open API increases opportunities for clients to interact with their employee engagement data in innovative ways and provide employees with a single platform for all their employee engagement needs. A number of HR technology providers already use the Open API to connect their systems to the Reward Gateway platform to automate and improve employee onboarding journeys, and to link Reward Gateway employee alerts to other systems so that no critical information is missed.

Reward Gateway, an Edenred Company Risks and Challenges

Reward Gateway collaborates with 4,000+ companies across 23 countries, impacting over 8 million employees. Our unified hub fosters connections through recognition, reward, well-being, surveys, benefits, and discounts, supporting talent acquisition and retention. Renowned clients, including American Express, Unilever, Samsung, IBM, and McDonald’s, benefit from our commitment to creating a better workplace. While our extensive partnerships are a cornerstone of our success, we recognize the importance of prudent risk management, mindful of potential challenges associated with over-reliance on partnerships.

Reward Gateway, an Edenred Company Ecosystem, Partners, Resellers and SI

Reward Gateway has established a robust international footprint, serving esteemed clients across 23 countries, with operational hubs spanning 8 key locations worldwide.

In a strategic move to bolster its integration technology, Reward Gateway has recently welcomed BambooHR into its esteemed portfolio. This addition marks the culmination of 24 integrations to date, which include prominent platforms such as Slack, Yammer, ADP, and G-Suite. Through these integrations, employers gain access to seamless data transfer, efficient distribution of employee communications, and enhanced employee recognition capabilities, thereby reinforcing organizational connectivity and engagement.

Reward Gateway, an Edenred Company Cloud Platform (PaaS) and Infrastructure (IaaS) Details

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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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