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PeopleStrategy - Next Generation HCM Technology
Vendor Analysis
published on Apr 06, 2018
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Report Overview:
This NelsonHall assessment analyzes PeopleStrategy's offerings and capabilities in next generation HCM technology.
Who is this Report for:
NelsonHall’s HCM Technology Vendor Assessment for PeopleStrategy is a comprehensive assessment of the PeopleStrategy eHCM 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 PeopleStrategy’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:
PeopleStrategy, founded in 2002, and headquartered in Atlanta, GA, is a privately-held provider of cloud based HCM software and services.
PeopleStrategy eHCM is a cloud based platform, built on a single database and delivered as a multi-tenant, SaaS solution. The current configuration supports the U.S (including Puerto Rico). and also serve as the system of record for multinational companies.
eHCM is comprised of the following modules and features:
- Talent acquisition
- Core HR
- Payroll
- Workforce management
- Benefits
- Performance management
- Reporting and analytics.
PeopleStrategy's eHCM modules are not sold standalone, as core HR is required in order to have other modules; however, not all modules must be purchased. The most commonly purchased modules include core HR, payroll, benefits, and workforce management.
PeopleStrategy targets U.S. based organizations, generally those in the middle market (to smaller midmarket); its sweet spot is between 250 to 3.5k employees and it tends to steer away from clients with over 5k employees.
PeopleStrategy also offers extended managed services offerings for companies in need of HR, compliance and administrative support. The company is also a full brokerage, offering employee benefits and consulting.