Vendor Analysis
published on Apr 06, 2018
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.