Solving The Value Equation

HR Tech Conference Recap

More than 300 vendors, and more than 5,500 professional attendees marked one of the best HRTech Conference's yet this week in Las Vegas for the 18th Annual HR Technology Conference & Expo.

A few HRTech Links to Recaps and News:

• HRTech Conference Press Releases, Announcements
• HRTech Conference Recap - SilkRoad
• Top 10 Takeaways from The HR Technology Conference 2015 - HR RingLeader, Trish McFarlane
• 5 #HRTech Trends Emerging This #HRTechConf - Blogging4Jobs, Jessica Miller-Merrell
• HR Technology Implementation
• Sierra Cedar Annual HR Systems Survey
• Steve Boese, is the Chairman of the HR Tech Conference
• Naomi's HR Tech Questions
• Bill Kutick HR Technology Column
• 3 Favorite Sessions

HRTech Trends to look for in 2016:

1. The impact of the 2016 Presidential Election.

2. Investment in HRTech continue to rise. More than $800 million to date has been invested in HRTech in 2015. More than $280 million invested in payroll alone over the past 2 years.

3. Compliance, Security, & Governance.

4. Move to Human. Move to Team Leaders. Move to business centric versus HR centric.

5. HR managers moving away from HRTech responsibilities and focusing on leadership and other non tech issues.

 

HRTech Investors Snapshot

A snapshot of HRTech Investors and their investments:
http://www.slideshare.net/cbedard/hrtech-investors

HRTech Deal Transactions in 2015 YTD:
http://www.blogging4jobs.com/hr/hr-tech-trends-technology-acquisitions/#

HRTech Market Map by sector:
http://www.ephorgroup.com/eresources.asp

 

HR Tech Conference 2015

More than 4,000 attendees will attend the Annual HR Technology Conference and® Expo for what is the world’s largest HR technology and services exposition, with more than 300 exhibiting companies and over 50 new product announcements! The conference provides a vital source of knowledge and information on HR issues. Even better, many CEO's from the exhibiting companies are on hand to answer your most challenging issues. Here’s just a sample of the many areas of expertise that are covered:

• Assessment
• Benefits
• Compensation and Payroll
• Consulting
• Employee and Manager Self-Service
• Employee Communications
• HCM
• Learning
• Outsourcing
• Performance Management
• Portals
• Recruitment
• Relocation
• Screening
• Talent Management
• Testing and Surveys
• Time and Attendance
• Training and Development
• Workforce Analytics
• Workforce Management
• Workforce Planning

- See more at: http://www.hrtechnologyconference.com/expo.html#sthash.oYHoJ4uO.dpuf

Read more from Ephor Group on HRTech private company star performers:

 

HRTech Workforce Management Sector Market Landscape

2014 HRTech WFM Market Map:
Private Company Star Performers:

TLM WFM Market Sector Size & Scope:
Value-Proposition: WFM (Workforce Management) beyond Payroll Services include Time, Expense, Absence, Expense, Scheduling, Labor Analytics & Optimization, and integrates with Core HR, HCM, ERP and industry specific solutions.

Market Size: North American Payroll Services >$16B, CAGR single digits with approximately North American Churn of ~1B annually (> 200,00 small businesses) from Payroll/PEO market.

Market Adoption & Utilization[1]:

Demand & Growth Factors:

1. Beyond Payroll Services
2. Workforce Management
3. Consumerism: Social, Mobile, Apps, HCM
4. Cloud & Platform Processing Efficiencies
5. Labor Management Complexity, Compliance & Security

Valuations: While HRTech valuation multiples remain attractive (for scaled enterprises 2 to 8X revenue multiple and 6 to 12X EBITDA multiple, for service bureaus private company valuations range more greatly with revenue multiples of  0.5X to 2X and EBITDA 2X to 6X. For pure play WFM vendors 1.5X to 4.5X TTM Revenues.

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[1] CedarCrestone.