SyncHR Strengths, Domain Expertise, and Key Differentiators
SyncHR is the Human Capital Management (HCM) cloud-based technology company streamlining Core HR, benefits, payroll, and reporting in a single, enterprise-class application for mid-sized businesses. Founded in 2010, the SyncHR team of industry veterans and visionaries developed patented technology that saves time, increases productivity, and delivers a superior economic value by simplifying the complexity of HCM through one robust application.
SyncHR Recent Developments
The firm’s HCM platform saves time and reduces expenses by making centralized, interrelated data easy to access, correct, and analyze through one intuitive platform. SyncHR was recently selected by Solutionreach and Cascade Windows. SyncHR also Achieved the “Built for NetSuite” Status.
SyncHR Mergers and acquisitions (M&A) Activities
In April 2021, PrimePay, a national payroll, human capital management (HCM), and benefits services company, announced it is acquiring SyncHR, purposely built for mid-sized enterprises. This acquisition combines two companies with full-suite People Management software and service solutions.
SyncHR Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying SyncHR 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 SyncHR 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 SyncHR customers.
SyncHR Overview
Ownership: - x
Number of Employees: 100
Functional Market: Workforce Analytics, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Candidate Relationship Management, Performance and Goal Management, Learning and Development, Compensation,
Key Verticals: Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail,
SyncHR Key Cloud and HCM Applications
SyncHR
SyncHR 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.
SyncHR 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 |
SyncHR HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
SyncHR HCM Applications Revenues By Verticals, $M:
SyncHR 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 |
SyncHR Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
SyncHR Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified SyncHR Customers
No. of SyncHR Customers: 250
No. of SyncHR HCM Applications Customers: 250
No. of SyncHR Cloud HCM Customers: 250
No. of SyncHR Cloud HCM Subscribers: x
SyncHR has more than 250 customers in different industries such as High Tech, Professional Services, Financial Services, Property Management, Retail, Manufacturing & Distribution, and Healthcare & Life Sciences. Among SyncHR customers are USA Volleyball, QueBIT, Amplifer, WorkFront, Driscoll, Sphero, Abarta, rag & bone, Cascade Windows, WuXi AppTec, and many others.
SyncHR Market Opportunities, M&A and Geo Expansions
"In April 2019 SyncHR launched a free HR Modernization Calculator. The online calculator allows HR and financial professionals to quickly generate a customized report showing the potential cost savings and efficiency gains from modernizing their current HR systems and processes. The tool calculates the potential cost savings and efficiency gains by modernizing HR systems using the latest industry benchmarking data.
SyncHR Risks and Challenges
Recent support of NetSuite could see changes as Oracle begins to assert its control of NetSuite's 30,000 customers.
SyncHR Ecosystem, Partners, Resellers and SI
"In May 2018, SyncHR teamed up with myHRcounsel, provider of online legal and compliance services to businesses, to help its enterprise customers better navigate and manage the complex federal and state laws surrounding employment law and compliance.
Direct Sales & Partners: HR Consultants, Brokers, and Strategic Application Partner. Among SyncHR partners are Asset HR, BASIC, Cachet Financial Services, HiringThing, HR Performance Solutions, HRsoft, I-9 Advantage, Instructure, and many others."
SyncHR Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- SyncHR Public Cloud and Infrastructure (IaaS)
- SyncHR Platform (PaaS)
- SyncHR Application Delivery
- SyncHR 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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