Vendor Analysis
published on May 21, 2020
Report Overview:
This NelsonHall assessment analyzes Neeyamo's offerings and capabilities in Cloud HR Transformation
Who is this Report for:
NelsonHall’s Cloud HR Transformation Services profile on Neeyamo is a comprehensive assessment of Neeyamo offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Cloud HR Transformation Services and identifying vendor suitability for security services RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the Cloud HR Transformation Services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Neeyamo’s Cloud HR Transformation Services offerings and capabilities, and market and financial strengths, 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:
This NelsonHall vendor assessment analyzes Neeyamo’s offerings and capabilities in Cloud HR Transformation Services.
Neeyamo, founded in 2009 and headquartered in Chennai, India, with its principal office in California, is a pure-play provider of HR services with an emphasis on serving long-tail countries. Since its inception, it has been developing proprietary tools to support its HR services, and in October 2018, it established a wholly-owned subsidiary – NeeyamoWorks, dedicated to the development of its HR products. NeeyamoWorks now manages all the technical development of the product suite that supports its HR services organization. Neeyamo’s HR business is primarily organized into the following offerings:
- HR outsourcing: serving MPHRO ~22 clients and ~150k employees across ~75 countries
- Global payroll: serving ~100 clients across ~153 countries and processing ~11m payslips annually
- HCM Technical services, offering tools, technical consulting and support: ~60 projects completed to date; serving ~50 clients across ~70 countries
- Pre-employment screening: ~200 clients served across ~185 countries, ~5m elements verified, and ~21 types of checks
Across all its business lines, Neeyamo supports ~300 clients in ~185 countries.
In 2012, Neeyamo began to provide Cloud HR Transformation Services, focusing initially on the deployment of SAP SuccessFactors. Neeyamo now also operates its HR services for clients on Workday and is looking to expand its HR Cloud Transformation Services to Oracle-based customers. Neeyamo is technology agnostic.