Worxtime Strengths, Domain Expertise, and Key Differentiators
WorxTime, a time management software solution, helps manage tracking employee hours in connection with the ACA employer mandate. It also supports IRS Form 1094/1095 and employer reporting.
Worxtime Recent Developments
Worxtime software helps employers navigate the complex regulations of the ACA. Its cloud-based software tracks employee eligibility for health coverage and manages eligibility according to the Lookback Method. 1094/1095-C printing and distribution are offered at the end of each tax year.
Worxtime Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Worxtime 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 Worxtime 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 Worxtime HR, customers.
Ownership: - x
Number of Employees: 50
Functional Market: Compliance,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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 Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Worxtime Key Cloud and HCM Applications
Worxtime HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2018||2019||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.
Worxtime Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Worxtime HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Worxtime HCM Applications Revenues By Verticals, $M:
Worxtime Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
Worxtime Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Worxtime Customers - Breakdown by Geo, Size, Vertical and Product
No. of Worxtime Customers: 3200
No. of Worxtime HCM Applications Customers: 3200
No. of Worxtime Cloud HCM Customers: x
No. of Worxtime Cloud HCM Subscribers: x
Worxtime has over 3200 clients worldwide.
Worxtime Market Opportunities, M&A and Geo Expansions
Since 2013, Worxtime has been investing heavily in ACA compliance following its spinoff from Corporate Services, Inc.(now Visual Benefit Communications, Inc.).
Worxtime Risks and Challenges
Potential changes to the Affordable Care Act could undermine Tango Health's near-term growth.
Worxtime Ecosystem, Partners, Resellers and SI
Mostly direct sales.
Worxtime Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Worxtime Public Cloud and Infrastructure (IaaS)
- Worxtime Platform (PaaS)
- Worxtime Application Delivery
- Worxtime 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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