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Namely - Next Generation HCM Technology

Vendor Analysis

by Elizabeth Rennie

published on Apr 06, 2018

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Report Overview:

This NelsonHall assessment analyzes Namely's offerings and capabilities in  next generation HCM technology.

Who is this Report for:

NelsonHall’s HCM Technology Vendor Assessment for Namely is a comprehensive assessment of Namely’s HCM platform offering and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of HCM technology and identifying vendor suitability for HCM technology RFPs 
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers 
  • Financial analysts and investors specializing in the HR Technology sector 
  • HR and payroll decision makers.

 

Scope of this Report:

The report provides a comprehensive and objective analysis of Namely’s  Next Generation HCM Technology offering, capabilities, and market and financial strength, including:  

  • Identification of the company’s strategy, emphasis, and new developments  
  • Analysis of the company’s strengths, weaknesses, and outlook  
  • Revenue estimates  
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts  
  • Analysis of the company’s offerings and key service components  
  • Analysis of the company’s delivery organization including the location of delivery locations.  

Key Findings & Highlights:

Namely, founded in 2012, and headquartered in New York, NY, is a provider of cloud based HCM software and managed services.   

Namely's cloud based HCM software offering provides the following modules and features: 

  • Core HR 
  • Payroll 
  • Time and attendance 
  • Benefits 
  • Talent management.

Namely is a cloud based platform, built on a single database and  delivered as a SaaS based, multitenant solution. Its current configuration primarily supports North America; however, it also supports global employees in ~30 countries (for core HR and talent only) and ~20% of its current user base is international.  

Today, Namely has ~500 employees, serves ~1k clients, and supports ~175k client employees through its HCM platform offering.  

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