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As of Jan 2020, these 74 SaaS companies are the largest in the Workforce Management Software space.

The Top Workforce Management Software SaaS Companies

This list tracks the largest private B2B Workforce Management Software SaaS companies by revenue. In total, this list features 74 companies with combined revenues of $779.5M.

These companies have raised a total of $912.8M. Together, these Workforce Management Software saas companies serve 698K customers and employ over 5K on their teams.

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Highlights

02
WSI
Workplace Systems International

Workforce Management Software

Provider of cloud based workforce management services. The company primarily focuses on the development and supply of software products for workplace management. It provides schedule management, attendance management, forecasting labour demand, advanced scheduling, retail task management and corporate budgeting. The company also provides strategic and operational consultancy.

$30M
-
-
637
1986
United States
03
CHR
CoreHR

Workforce Management Software

HR Software and Payroll Solution on a single unified platform with any device. Drive business efficiencies and increase your ROI with CoreHR.

$30M
-
-
262
2002
Ireland
04
E
Envision

Workforce Management Software

Envision-Enterprise-class desktop, speech analytics, call/compliance recording, quality assurance, Workforce Management, coaching, eLearning.

$25M
-
-
52
1994
United States
05
D
Deputy

Workforce Management Software

Deputy is easy to use scheduling & time clock software. Get started in minutes for free today & start reducing wage costs!

$23M
$117M
90K
273
2008
Australia
06
A
Ally.io

Workforce Management Software

Ally.io is a strategic goal-planning and execution management software.

$21M
$73M
600
170
2018
United States
07
N
Nintex

Workforce Management Software

Nintex is the market leader in end-to-end process management and workflow automation. Easily manage, automate, and optimize your processes with no code.

$20M
-
-
251
2006
United States
08
RSI
Redwood Software, Inc.

Workforce Management Software

Redwood Software is an international company providing job scheduling, report distribution and SAP solutions.

$19M
$382M
3K
214
1993
United States
09
S
Spur

Workforce Management Software

Developer of an employment platform intended to simplify human resource and payroll management. The company's SaaS-based platform offers an app-based scheduler to slot employees into weekly schedules and approve timesheets, enabling hotels, restaurants and other workplaces with hourly workforces to manage all their employment needs and improve the benefits.

$18M
$8M
-
210
2017
United States
10
P
Pegex

Workforce Management Software

digital transformation of waste industry

$14M
$15M
2K
22
2012
United States
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What are the fastest growing companies doing?


83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?


We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.