Serenic Software, Inc. Strengths, Domain Expertise, and Key Differentiators
Serenic Navigator is accounting software designed primarily for nonprofits, NGOs and public sector organizations. It is designed to help such organizations manage grants, payroll and HR operations. Serenic Navigator is offered on both on-premise and cloud deployment options.
Serenic Software, Inc. Recent Developments
In May 2021, Serenic Software made its ERP solution, Serenic Navigator, built on Microsoft Dynamics 365 Business Central, available to customers on the Microsoft Cloud. Serenic Navigator is also listed on AppSource, the Microsoft cloud marketplace.
Serenic Software, Inc. Mergers and acquisitions (M&A) Activities
In April 2020, Serenic Software acquired InfoStrat through its parent, Sylogist Ltd. This is a significant investment and another example of Serenic’s dedication to service and growth in its key markets.
In October 2017, Serenic Software (Sylogist subsidiary has acquired the assets of K12 Enterprise (K12E) and Sunpac Systems (Sunpac), both providers of ERP (Enterprise Resource Planning) solutions to the kindergarten to grade 12 local education authorities marketplace in the United States. Combined, K12E and Sunpac address the needs of in excess of 70 U.S. school boards, with 5 new implementations underway. K12E is a state of the art, software-as-a-service (SaaS) solution, offered on a subscription basis and based on Navigator ERP solution. Navigator ERP extends the functional capabilities of Microsoft Dynamics, to address the public sector and not-for-profit market places worldwide. K12E is a certified solution, with customers in 7 U.S. states and Canada. Sunpac, a legacy solution provider, is the largest supplier of large, local education authority solutions in North Carolina.
Serenic Software, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Serenic Software, 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 Serenic Software, 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 Serenic Navigator customers.
Serenic Software, Inc. Overview
Ownership: - x
Number of Employees: 60
Functional Market: Payroll,
Serenic Software, Inc. Key Cloud and HCM Applications
Serenic Software, Inc. HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2019||2020||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.
Serenic Software, Inc. Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Serenic Software, Inc. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
Serenic Software, Inc. HCM Applications Revenues By Verticals, $M:
Serenic Software, Inc. Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
Serenic Software, Inc. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Serenic Software, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Serenic Software, Inc. Customers: 1000
No. of Serenic Software, Inc. HCM Applications Customers: x
No. of Serenic Software, Inc. Cloud HCM Customers: x
No. of Serenic Software, Inc. Cloud HCM Subscribers: x
Serenic Software develops and delivers comprehensive, mission-critical Cloud ERP solutions for more than 1000 public service organizations including K-12 school districts/boards, public sector, nonprofits (NPO), international non-governmental organizations (NGO), discrete manufacturers and warehousing/distribution. Among Serenic customers are Municipal Water District of Orange County, mothers2mothers, African Wildlife Foundation, Philadelphia Zoo, Arc of Middlesex County, Trans World Radio, American Urological Association, Muscogee (Creek) Nation and many others.
Serenic Software, Inc. Market Opportunities, M&A and Geo Expansions
Serenic Navigator offers multi-language and multi-currency support for organizations with global branches. It can even integrate with other business applications such as ERP and CRM to facilitate real-time information sync. The solution is built on MS Dynamics NAV 2016 platform and supports reporting, budgeting, and forecasting as well. Serenic’s grant management software streamlines the process of competing and applying for grants. Additionally, it offers cash management, procurement & purchasing, budget management, and more. It is used in a wide range of organizations, such as Animal Welfare, Healthcare, Public Broadcast, and more. The Company is a Gold ERP and ISV vendor and a development partner for Microsoft.
Serenic Software, Inc. Risks and Challenges
Cloud migration is a work in progress.
Serenic Software, Inc. Ecosystem, Partners, Resellers and SI
The company had built up a partner channel which followed the typical 80/20 rule with a small set of high performing resellers delivering the majority of partner revenues. Serenic put in place a mechanism to grow the successful ones, re-activate the ones that were unfocused but prepared to commit, and recruit new partners who could address untapped opportunities through broader geographical coverage and more efficient access to potential new clients.
Serenic Software, 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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