SwipeClock Strengths, Domain Expertise, and Key Differentiators
Swipeclock provides Work Tech solutions designed for the way small businesses work. Swipeclock solutions minimize compliance challenges, improve productivity and have the rapid time to value that small businesses need. Swipeclock's flagship product, WorkforceHub, seamlessly connects core human resources, time and labour, benefits management, and talent within one unified solution.
SwipeClock Recent Developments
In 2021, SwipeClock launched Vision+, a facial recognition biometric time clock with integrated thermal temperature detection. Importantly, the Vision+ time clock syncs with WorkforceHub for an end-to-end, scalable HR solution tailored specifically to small businesses. WorkforceHub includes Time and Labor, Applicant Tracking, Onboarding, Benefits Enrollment and Performance Management.
SwipeClock Mergers and acquisitions (M&A) Activities
In January, 2019 SwipeClock acquired ApplicantStack, a leader in applicant tracking software for small to mid-sized businesses and recruiters. Its products ApplicantStack Recruit and ApplicantStack Onboard extend the SwipeClock product line to add efficiency to recruiting and hiring processes. The software is sold as a subscription for administrators and hiring managers. More than 2000 customers have subscribed.
SwipeClock Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying SwipeClock 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 SwipeClock 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 SwipeClock Workforce Management, customers.
SwipeClock Overview
Ownership: - x
Number of Employees: 150
Functional Market: Absence and Leave Management, Workforce Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Applicant Tracking Systems, Performance and Goal Management,
Key Verticals: Banking and Financial Services, Construction and Real Estate, Consumer Packaged Goods, Education, Healthcare, Leisure and Hospitality, Manufacturing, Professional Services, Retail,
SwipeClock Key Cloud and HCM Applications
SwipeClock Workforce Management,
SwipeClock 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.
SwipeClock 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% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
SwipeClock HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
SwipeClock HCM Applications Revenues By Verticals, $M:
SwipeClock Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
SwipeClock Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
SwipeClock Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified SwipeClock Customers
No. of SwipeClock Customers: 35000
No. of SwipeClock HCM Applications Customers: 35000
No. of SwipeClock Cloud HCM Customers: x
No. of SwipeClock Cloud HCM Subscribers: 1000000
More than 1,300 payroll and HR service providers partner with SwipeClock, empowering 35,000+ businesses and their 1,000,000+ employees to reduce labour costs, comply with regulations, and maximize profits. Among SwipeClock customers are Sprouts Farmers Market, Party City Holdco Inc, Carlos Albizu University-San Juan and others.
SwipeClock Market Opportunities, M&A and Geo Expansions
In 2021, Swipeclock announced the official launch of WorkforceHub, an HR management system intentionally designed for small business employers. Along with the official product launch, Swipeclock published an all-new WorkforceHub website and visual identity. WorkforceHub addresses a gap faced by small businesses struggling to manage complex, ever-changing labour requirements. They want workforce management tools that are agile, flexible, responsive and don’t get in the way. WorkforceHub answers the call – connecting workforce management, strategic HR and core HR in one hub that grows with the business.
In October 2019 SwipeClock unveiled its embeddable clock as an enhancement to its PrismHR integration. PrismHR users are able to use the embeddable time clock in their dashboard through a single sign-on. The integration of TimeWorksPlus and PrismHR provides robust timekeeping and scheduling capability connected to payroll and HR. Both companies showcased the integration together in June this year.
In May 2019, SwipeClock unveiled new connectivity between ApplicantStack and its WorkforceHUB and TimeWorksPlus products. This new connectivity adds seamless transfer of new employee information from the hiring process to onboarding and time tracking. Employers can take advantage of greater efficiency between hiring and managing new employees.
In May 2018, SwipeClock launched WorkforceHUB, a cloud-based portal for payroll and HR-related information, including timekeeping, scheduling, new employee onboarding, employee engagement, and process automation. The release follows the completion of an early access program that allowed several partners and their clients to try out WorkforceHUB prior to general availability. WorkforceHUB enables small and mid-size companies to efficiently manage labor, achieve compliance, and engage employees.
ApplicantStack is SwipeClock’s top-rated applicant tracking software for small to mid-sized businesses and recruiters. SwipeClock Partners can now enable applicant tracking for their clients with one click providing HR administrators a single login to manage recruiting, hiring, onboarding, and HR functions. New hire onboarding initiates automatically when a candidate is hired and employees can be automatically added to time tracking, too.
SwipeClock Risks and Challenges
Expanding beyond the US market is a challenge.
SwipeClock Ecosystem, Partners, Resellers and SI
In May 2020, SwipeClock partnered with Syntrio Learning Management System (LMS), a premier provider of business ethics training. Syntrio will provide SwipeClock WorkforceHUB clients with two very timely courses from their Working Remotely training course suite.
Their 1300 channel partners are operating in many subcategories in HR management like payroll software, payroll bureaus, labor analytics, etc. Among SwipeClock partners are Lasso Workforce, HRnext, iSolved, BambooHR, Interlogic Outsourcing, Inc., Accountix, Adaptasoft, and many others.
SwipeClock Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- SwipeClock Public Cloud and Infrastructure (IaaS)
- SwipeClock Platform (PaaS)
- SwipeClock Application Delivery
- SwipeClock 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
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