Worksuite (formerly Shortlist) Strengths, Domain Expertise, and Key Differentiators
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: 60
Functional Market: Scheduling, Task Management, Compliance, Contingent Workforce, Onboarding,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
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 | 2022 | 2023 | 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:
Worksuite (formerly Shortlist) HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Worksuite (formerly Shortlist) HCM Applications Revenues By Verticals, $M:
Worksuite (formerly Shortlist) Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 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
| Region | 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: 350000
Worksuite has successfully built a substantial customer base, with 70,000 users worldwide relying on the platform. While Worksuite is open to serving smaller companies, its primary focus lies in catering to large enterprises that manage a significant number of freelancers and independent contractors. 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
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.
Worksuite (formerly Shortlist) Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Worksuite (formerly Shortlist) Public Cloud and Infrastructure (IaaS)
- Worksuite (formerly Shortlist) Platform (PaaS)
- Worksuite (formerly Shortlist) Application Delivery
- Worksuite (formerly Shortlist) 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
https://www.appsruntheworld.com/FAQ
