Worksuite (formerly Shortlist) Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

Worksuite (formerly Shortlist) Strengths, Domain Expertise, and Key Differentiators

Worksuite provides a comprehensive platform for managing freelancers, vendors, and contractors efficiently. Its automation and AI-driven processes streamline onboarding, compliance, and payments. The platform supports global payments while ensuring compliance with tax and legal regulations. It is highly scalable, catering to businesses of all sizes, from startups to enterprises. Customizable workflows allow organizations to tailor processes for sourcing, onboarding, and managing talent.

Worksuite distinguishes itself from competitors through its user-friendly interface, which simplifies the process of managing external workers across borders. The platform's extensive reach, covering over 200 countries, sets Worksuite apart in terms of global accessibility.

Worksuite has developed significant expertise in Freelancer Management Systems, enabling them to understand the unique challenges faced by large enterprises dealing with numerous freelancers and independent contractors.

Worksuite's comprehensive solution encompasses powerful features that cater to organizations at every stage of growth. The platform offers automation capabilities, streamlined processes, and customizable options, making it an attractive choice for enterprises of all sizes.

Worksuite (formerly Shortlist) Recent Developments

Worksuite (formerly Shortlist) has emerged as a dynamic player, offering a smart Freelancer Management System (FMS) designed to streamline and optimize the process of onboarding, managing, and paying external workers. With its focus on large enterprises, Worksuite has attracted renowned customers, gained recognition for its domain expertise, and successfully positioned itself as a key player in the market.

Worksuite (formerly Shortlist) Mergers and acquisitions (M&A) Activities

Worksuite (formerly Shortlist) recently raised an impressive $1.5 million seed round from esteemed investors such as Impulse VC, FundersClub, Alchemist Accelerators, and several angel investors, including Cisco's VP on Innovation, Maciej Kranz. This funding injection is a testament to the market's confidence in Worksuite's potential.

Worksuite (formerly Shortlist) Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Worksuite (formerly Shortlist) 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 Worksuite (formerly Shortlist) 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 Worksuite FMS, Worksuite Global Pay, Worksuite Global Engage customers.

Worksuite (formerly Shortlist) Overview

Ownership: - x

Number of Employees: 67

Functional Market: Workforce Scheduling, Task Management, Compliance, Contingent Workforce, Onboarding,

Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,

Worksuite (formerly Shortlist) Key Cloud and HCM Applications

Worksuite FMS, Worksuite Global Pay, Worksuite Global Engage

Worksuite (formerly Shortlist) HCM and Cloud HCM Applications Revenues, $M:

Type/Year	2023	2024	YoY Growth, %
Total Revenues, $M	Subscribe	Subscribe	Subscribe
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.

Worksuite (formerly Shortlist) Revenue Breakdown by Type:

Type	License	Services	Hardware	S&M	SaaS	PaaS	IaaS	Other	Total
% of Total Revenues	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	100%
Revenues, $M	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe

Worksuite (formerly Shortlist) HCM Applications Revenues By Sub-Functional Markets, $M:

	Split by Sub-Functional Markets	% of HCM Revenue in the HR Segment	2024 HCM Revenues, By HR Segment, $M
Core HR and Performance Management	Benefits Administration	Subscribe	Subscribe
	Compliance	Subscribe	Subscribe
	Core HR and Personnel Management	Subscribe	Subscribe
	Payroll	Subscribe	Subscribe
	Pension Administration	Subscribe	Subscribe
	Compensation Management	Subscribe	Subscribe
	Learning and Development	Subscribe	Subscribe
	Performance and Goal Management	Subscribe	Subscribe
	Succession and Leadership Planning	Subscribe	Subscribe
Talent Acquisition	Applicant Tracking Systems	Subscribe	Subscribe
	Contingent Labor Management	Subscribe	Subscribe
	Candidate Relationship Management	Subscribe	Subscribe
	Onboarding	Subscribe	Subscribe
	Recruiting	Subscribe	Subscribe
	Sourcing	Subscribe	Subscribe
Workforce Management	Absence and Leave Management	Subscribe	Subscribe
	Fatigue Management	Subscribe	Subscribe
	Task Management	Subscribe	Subscribe
	Time and Attendance	Subscribe	Subscribe
	Time Clock (Hardware)	Subscribe	Subscribe
	Workforce Scheduling	Subscribe	Subscribe
	Workforce Analytics	Subscribe	Subscribe

Worksuite (formerly Shortlist) HCM Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2024 HCM Apps Revenues, By Verticals, $M
Aerospace and Defense	Subscribe	Subscribe
Automotive	Subscribe	Subscribe
Banking and Financial Services	Subscribe	Subscribe
Communication	Subscribe	Subscribe
Construction and Real Estate	Subscribe	Subscribe
Consumer Packaged Goods	Subscribe	Subscribe
Distribution	Subscribe	Subscribe
Education	Subscribe	Subscribe
Government	Subscribe	Subscribe
Healthcare	Subscribe	Subscribe
Insurance	Subscribe	Subscribe
Leisure and Hospitality	Subscribe	Subscribe
Life Sciences	Subscribe	Subscribe
Manufacturing	Subscribe	Subscribe
Media	Subscribe	Subscribe
Non Profit	Subscribe	Subscribe
Oil, Gas and Chemicals	Subscribe	Subscribe
Professional Services	Subscribe	Subscribe
Retail	Subscribe	Subscribe
Transportation	Subscribe	Subscribe
Utilites	Subscribe	Subscribe
Total	Subscribe	Subscribe

Worksuite (formerly Shortlist) Total and HCM Applications Revenues by Region:

Region	% of Total Revenues	2024 Total Revenues, $M	2024 HCM Applications Revenues, $M
Americas	Subscribe	Subscribe	Subscribe
EMEA	Subscribe	Subscribe	Subscribe
APAC	Subscribe	Subscribe	Subscribe
Total	Subscribe	Subscribe	Subscribe

Worksuite (formerly Shortlist) Direct vs Indirect sales

Type	Direct Sales	Indirect Sales	Total
Type %	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe

Worksuite (formerly Shortlist) Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Worksuite (formerly Shortlist) Customers

No. of Worksuite (formerly Shortlist) Customers: 200

No. of Worksuite (formerly Shortlist) HCM Applications Customers: x

No. of Worksuite (formerly Shortlist) Cloud HCM Customers: x

No. of Worksuite (formerly Shortlist) Cloud HCM Subscribers: 1000000

Worksuite serves large enterprises and corporations that require seamless freelancer and contractor management. Creative and media agencies benefit from its ability to handle large pools of independent talent. Notable customers include Microsoft, L'Oréal, BetterUp, NewsCred, Endemol Shine Group, Springboard, Williams Lea Tag, Higher Education, Publicis Prodigious, CXC Global, ITN, Levitate, and R&R Partners, among many others.

Worksuite (formerly Shortlist) Market Opportunities, M&A and Geo Expansions

Worksuite operates in a rapidly expanding market, as the demand for external workers continues to grow. With its user-friendly interface and comprehensive features, Worksuite is well-positioned to capitalize on this trend. Furthermore, the platform has the potential to expand its customer base by targeting smaller companies seeking to streamline their freelancer management processes.

Worksuite (formerly Shortlist) Risks and Challenges

Regulatory compliance remains a challenge due to varying labor laws and tax regulations across different regions. The competitive market includes strong rivals like Deel, WorkMarket, and Upwork Enterprise. Economic downturns could lead to reduced hiring or contractor usage, affecting demand. Cybersecurity and data protection must remain a priority to safeguard sensitive worker and payment data.

As a relatively new player in the market, Worksuite faces internal risks such as ensuring consistent product quality, meeting evolving customer demands, and maintaining a competitive edge. Additionally, external risks such as increased competition, regulatory challenges, and economic uncertainties may pose obstacles to Worksuite's growth.

Worksuite primarily relies on direct sales to acquire customers. While this approach offers control over the sales process, it also poses challenges in terms of scaling and reaching a broader customer base. Worksuite needs to carefully evaluate its sales strategy to efficiently reach its target audience.

Worksuite (formerly Shortlist) Ecosystem, Partners, Resellers and SI

Worksuite primarily employs a direct sales approach to drive its business operations.

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:

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