Selerix Systems, Inc Strengths, Domain Expertise, and Key Differentiators
Trusted by more than 18,000 employers and 7 million employees, Selerix Systems produces software (BenSelect) utilized by employers, brokers & carriers to facilitate benefit administration, enrollment, communication and the Affordable Care Act (ACA) reporting tools. The industry-leading flexibility of the BenSelect platform accommodates both core and voluntary insurance products with ease. The software is licensed and used by carriers, brokers, and employers.
Selerix Systems, Inc Recent Developments
In October 2019 Selerix Systems, introduced Selerix Engage, the newest product from Selerix that lets employers systematically engage their workforce throughout the year. Selerix Engage is expected to launch in early 2020. Leveraging the extensive demographic and benefit information managed by the ben admin system, Selerix Engage will connect employers to employees using intuitive audience targeting, text messaging, scheduled campaigns, surveys, and real-time performance indicators. Mobile access for employees is assured since employees have the option of downloading the mobile app to their device or simply using the cloud-based app.
Selerix Systems, Inc Mergers and acquisitions (M&A) Activities
Selerix Systems, Inc Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Selerix Systems, 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 Selerix Systems, 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 Selerix BenSelect, Selerix ACA, Selerix BenefitAgent customers.
Selerix Systems, Inc Overview
Ownership: - x
Number of Employees: 100
Functional Market: Benefits Administration,
Selerix Systems, Inc Key Cloud and HCM Applications
Selerix BenSelect, Selerix ACA, Selerix BenefitAgent
Selerix Systems, Inc HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2017||2018||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.
Selerix Systems, Inc Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Selerix Systems, Inc HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2018 HCM Revenues, By Sub-Functional Markets, $M
Selerix Systems, Inc HCM Applications Revenues By Verticals, $M:
Selerix Systems, Inc Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2018 Total Revenues, $M||2018 HCM Applications Revenues, $M|
Selerix Systems, Inc Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Selerix Systems, Inc Customers - Breakdown by Geo, Size, Vertical and Product
No. of Selerix Systems, Inc Customers: x
No. of Selerix Systems, Inc HCM Applications Customers: x
No. of Selerix Systems, Inc Cloud HCM Customers: x
No. of Selerix Systems, Inc Cloud HCM Subscribers: 7.5 million
Selerix's solution is trusted by organizations across a variety of industries, including healthcare, education, transportation/logistics, state and local government, non-profit, high technology, waste management, and retailing. Selerix’s approach is simple: Benefit Solutions, Simplified.
Selerix Systems, Inc Market Opportunities, M&A and Geo Expansions
In August 2019 Selerix Systems made the general availability of real-time API integration with Paylocity. This integration allows groups managing benefits on Selerix’s BenSelect system to synchronize continuously with the payroll system, replacing the typical file-based data exchange process.
Selerix provides the API integration to customers at no additional charge. While enjoying a fully automated data synchronization process, users may optionally use the convenient Integration Dashboard to review and approve changes before they are committed to either system.
Selerix Systems, Inc Risks and Challenges
Millions of organizations are staggering under the reporting requirements imposed by the government around the Affordable Care Act.
Selerix Systems, Inc Ecosystem, Partners, Resellers and SI
Primarily direct sales.
Selerix Systems, Inc Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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