Symmetry Software Strengths, Domain Expertise, and Key Differentiators
Symmetry Software specializes in payroll-related technology applications. These products - the Symmetry Tax Engine, Payroll Point, Symmetry Payroll Forms, Calculators by Symmetry, Minimum Wage Tracker, Tax Notification Service, Canadian Tax Engine, and PaycheckCity.com are simplifying the payroll process from start to finish.
Symmetry Software Recent Developments
In April 2021, Symmetry Software appointed Elizabeth Oviedo as Chief Executive Officer. In addition to Elizabeth's promotion, Tom Richard has a new role as President and Founder.
In March 2019, Symmetry Software introduced payroll tax withholding innovation: The Symmetry Tax Engine 2. The Symmetry Tax Engine 2 accounts for federal, FICA, state, local, multi-state, employer taxes and various other payroll-related withholdings. A vital component of any payroll process, the STE2 saves resources and research time by ensuring you get the right taxes, the first time.
Symmetry Software Mergers and acquisitions (M&A) Activities
In August 2021, Gusto, a cloud-based HR management software provider acquired Symmetry Software. Symmetry Software in the Scottsdale office will operate as a separate business unit following its merger with Gusto. Symmetry will continue to operate independently, with all 45 employees joining Gusto.
By joining Gusto, Symmetry will be able to enhance its existing products, services, and support.
Symmetry Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Symmetry Software 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 Symmetry Software 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 Payroll Point, customers.
Symmetry Software Overview
Ownership: - Gusto
Number of Employees: 45
Functional Market: Payroll,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Symmetry Software Key Cloud and HCM Applications
Symmetry Software 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.
Symmetry Software 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%|
Symmetry Software HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
Symmetry Software HCM Applications Revenues By Verticals, $M:
Symmetry Software Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
Symmetry Software Direct vs Indirect sales
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Symmetry Software Customers - Breakdown by Geo, Size, Vertical and Product
No. of Symmetry Software Customers: x
No. of Symmetry Software HCM Applications Customers: x
No. of Symmetry Software Cloud HCM Customers: x
No. of Symmetry Software Cloud HCM Subscribers: x
Among Symmetry Software customers are: Samsung, Sodexo, BCD Travel, Inova Payroll, Netchex, HRworx, Anthem, and others. Symmetry serves more than 60 million employees.
Symmetry Software Market Opportunities, M&A and Geo Expansions
Payroll tax withholding focus.
Symmetry Software Risks and Challenges
Under the new administration, payroll tax laws could be in an upheaval.
Symmetry Software Ecosystem, Partners, Resellers and SI
Symmetry Software sales mostly direct.
Symmetry Software Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Symmetry Software Public Cloud and Infrastructure (IaaS)
- Symmetry Software Platform (PaaS)
- Symmetry Software Application Delivery
- Symmetry Software Private Cloud and Data Centers
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:
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