Veritas Prime
Veritas Prime is a Consultation agency
- Company typePrivate
- Founded2011
- HeadquartersOrlando, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Veritas Prime does
Veritas Prime is a Consultation agency. Veritas Prime, based their core values and principles, means “Truth and Excellence”, and is dedicated to giving clients the best service. They are a premier consulting firm specializing in Human Capital Management technology and specifically SAP SuccessFactors software. Veritas Prime was founded by 3 partners who saw a need to deliver a quality product, by top tier consultants. Veritas Prime’s founding partners have more than 30 years of combined HR experience, with some of the most respected companies in the world. In addition to running HCM implementations, Veritas Prime also specializes in other key areas within HCM technology, such as project advisory, support, and product development. Veritas Prime is a SAP service partner, build partner, and sell partner. In early 2016, Veritas Prime was given the distinction of “Recognized Expertise in HR Cloud Solutions”. This designation is given for their proven expertise and competencies in HR cloud solutions. Requirements include having trained and certified individuals with successful project experience, a track record of customer success (as provided by customers), and the submission of business development plans.
Veritas Prime firmographics
Firmographics- Name
- Veritas Prime
- Legal name
- Veritas Prime, LLC
- Website
- https://www.veritasprime.com/
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Veritas Prime is a Consultation agency
- Ownership category
- akta.pro rank
Veritas Prime industry classification
Industry- Product category
- SAP HCM Implementation & Managed Services
- NAICS
- Computer Systems Design and Related Services (54151), Business Support Services (5614)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- IT Program/Project Management (PMO) & Delivery Assurance (BPAEAAAO)
Keywords
Where Veritas Prime is headquartered
LocationHeadquarters
- HQ city
- Orlando
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Veritas Prime business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SAP Implementation and Consulting Services: Veritas Prime provides end-to-end SAP SuccessFactors implementation services, including advisory, design, configuration, and project delivery. Revenue is generated through professional services engagements billed on a project or time-and-materials basis. The company takes pride in a 100% implementation success rate in the US.
- Managed Payroll and BPaaS Services: Business Process as a Service (BPaaS) offering that combines SAP Payroll Processing, SAP SuccessFactors HCM suite, and payroll services into a single operating model. Available for organizations with 250 to 10,000 employees across the US and Canada. Includes post-payroll operations, treasury management, and compliance management. Positioned as AI-ready with built-in governance for SAP Joule Agents.
- SAP Licensing Resale: As an SAP Gold Partner, Veritas Prime assists customers with purchasing SAP SuccessFactors licenses, earning resale margins and referral fees from SAP.
- Digital Wallet / Earned Wage Access: Veritas Prime Digital Wallet powered by AnyDay provides paperless pay, virtual/physical pay cards, and Earned Wage Access. Revenue is generated through per-employee or per-transaction fees integrated with payroll processing.
- Support and AMS Services (HelpMyCloud): HelpMyCloud provides flexible SAP SuccessFactors support via subscription plans, bucket-of-hours models, and full AMS Level 1 and Level 2 support packages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | HelpMyCloud subscription-based support tiers |
| Subscription | Annual | Payroll BPaaS managed services |
| Unit Pricing | Pay-as-you-go | Internship compensation range |
| Other | Annual | Software Developer role salary range |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Veritas Prime product offering
Product offeringCore offering
Veritas Prime provides end-to-end SAP SuccessFactors HCM implementation, configuration, integration, and managed services for mid-market and enterprise organizations. Its offerings include SuccessFactors consulting, BPaaS managed payroll, proprietary integration technology (Veritas Prime Connector, HelpMyCloud), and HR transformation programs spanning onboarding, time and attendance, benefits administration, digital wallet, and analytics.
Differentiator
Problem solved
Functional benefit
Brands
- HelpMyCloud: A cloud-based ticketing platform providing flexible SAP SuccessFactors support via subscription, bucket of hours, and full AMS (Level 1 and Level 2) support.
- RunPrimeNow
- Veritas Prime Benefits
- Veritas Prime Digital Wallet
Products and services
- SAP SuccessFactors Implementation Services End-to-end implementation, configuration, and integration of the SAP SuccessFactors HCM suite for mid-market and enterprise organizations.
- Veritas Prime Connector Proprietary SAP SuccessFactors integration middleware that connects SuccessFactors to surrounding systems and accelerates implementation timelines.
- HelpMyCloud Subscription-based ticketing and case management platform branded by Veritas Prime, used as a client support and service-desk portal.
- BPaaS Payroll Services Managed, business-process-as-a-service payroll offering built on SAP SuccessFactors that outsources ongoing payroll operations to Veritas Prime.
- Veritas Prime Digital Wallet Employee-facing digital wallet platform branded by Veritas Prime to enable on-demand access to earned wages and related financial tools.
- Veritas Prime Benefits Proprietary benefits administration platform offered alongside SAP SuccessFactors implementations.
- RunPrimeNow In-Application Delivery Proprietary in-application delivery methodology used to deploy and configure SuccessFactors solutions within client environments.
Quantifiable outcome
- Integration deployment time reduced from approximately 150 hours to fewer than 10 hours (up to 15x efficiency gains)
- +4 more outcomes
Companies that use Veritas Prime
Customer profileSegments3 records
Ideal customer profiles2 records
Veritas Prime technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability5 records
Feature6 records
Veritas Prime partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- SAP (SAP SuccessFactors / SAP S/4HANA)coreVeritas Prime is an SAP Gold Partner with 'SAP Recognized Expertise in all SAP SuccessFactors solutions' recognized in the SAP Gold Guide. The company specializes in SAP SuccessFactors, SAP Payroll, and SAP S/4HANA solutions. As a Gold Partner, Veritas Prime provides end-to-end implementation, licensing, support, and managed payroll services through an integrated SAP technology platform.
- PlanSourcecoreVeritas Prime Benefits powered by PlanSource is an exclusive certified solution for SAP SuccessFactors clients. Leveraging PlanSource's benefit technology and SAP's comprehensive employee portal, it provides a comprehensive and intuitive end-to-end employee benefits experience. Certified on the SAP Store.
- WorkForce SoftwarecoreVeritas Prime is a WorkForce Software Authorized Service Provider for SAP Time and Attendance Management. The partnership enables Veritas Prime to provide comprehensive workforce management solutions including skill-based scheduling, time tracking, and compliance features through a cloud-based platform.
- AnyDaycoreAnyDay powers the Veritas Prime Digital Wallet, providing paperless pay solutions with virtual and physical pay cards, mobile app, and Earned Wage Access. Pay Cards are issued by Sutton Bank, Member FDIC, pursuant to a Mastercard license. The partnership enables employees to access their pay instantly on payday.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Veritas Prime competitors and assessment
Company assessmentDirect peers
- NTT DATA Business Solutions: Global SAP Gold Partner and one of the largest SAP SuccessFactors implementation partners worldwide. Directly comparable to Veritas Prime as a full-lifecycle SAP HCM consulting, implementation, and managed services provider serving mid-market and enterprise customers.
- OneSource Virtual: BPaaS provider for cloud HCM (historically Workday, expanding into other platforms). Direct comparator to Veritas Prime's BPaaS Payroll model: delivers managed payroll and HCM operations as a service inside the customer's HCM platform of record.
- HR Path: Global HR and payroll consulting and managed services firm with SAP SuccessFactors implementation capabilities. Comparable to Veritas Prime as a mid-market-focused SAP HR transformation and payroll services specialist with international footprint.
Broad incumbents
- IBM Consulting (SAP Practice): Large global consulting organization with a substantial SAP SuccessFactors and SAP HCM practice. Comparable to Veritas Prime on the SAP SuccessFactors implementation and managed services axis, but as part of a much broader transformation portfolio rather than a specialist.
- Accenture (SAP Practice): Global system integrator with a large SAP SuccessFactors and HXM practice serving enterprise and mid-market clients. Comparable to Veritas Prime in SAP SuccessFactors delivery capabilities but operating as one of many service lines within a much larger firm.
- Deloitte (SAP Practice): Big Four consulting firm with a substantial SAP SuccessFactors and HR transformation practice. Overlaps with Veritas Prime on SAP HCM strategy and implementation, but serves clients primarily through broader transformation mandates.
- SD Worx: European-headquartered HR and payroll services provider offering payroll outsourcing and HCM managed services. Comparable to Veritas Prime's BPaaS Payroll positioning and managed services model, with stronger European geographic reach.
- Alight Solutions: Large HR and payroll outsourcing and BPaaS provider serving enterprise and mid-market clients. Comparable to Veritas Prime's managed payroll and HR services offerings at the BPaaS layer, with significantly broader scale and platform coverage.
Emerging players
- WorkForce Software: Provider of cloud-based workforce management and time & attendance software for SAP SuccessFactors. Already a Veritas Prime technology partner (WorkForce Software Authorized Service Provider), making it a natural peer on the time and attendance layer of the SAP HCM stack.
- PlanSource: Benefits administration technology provider and Veritas Prime's exclusive partner powering Veritas Prime Benefits on SAP SuccessFactors. Comparable as an adjacent SAP-integrated benefits technology peer in the same ecosystem.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Veritas Prime social profiles
Digital presenceVeritas Prime compliance and trust
Trust signalCompliance3 records
Veritas Prime financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veritas Prime leadership team
Management profileNumber of profiles
Profiles4 records
Veritas Prime funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veritas Prime M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Veritas Prime
What does Veritas Prime do?
Veritas Prime provides end-to-end SAP SuccessFactors HCM implementation, configuration, integration, and managed services for mid-market and enterprise organizations. Its offerings include SuccessFactors consulting, BPaaS managed payroll, proprietary integration technology (Veritas Prime Connector, HelpMyCloud), and HR transformation programs spanning onboarding, time and attendance, benefits administration, digital wallet, and analytics.
Is Veritas Prime a public or private company?
Veritas Prime is a private company. It is classified as venture growth investor backed and is currently operating.
When was Veritas Prime founded?
Veritas Prime was founded in 2011. It employs 251 to 500 people.
Where is Veritas Prime based?
Veritas Prime is headquartered in Orlando, United States, in the North America region.
How does Veritas Prime make money?
Five revenue lines are on record. SAP Implementation and Consulting Services are the primary driver. The others are managed Payroll and BPaaS Services, SAP Licensing Resale, digital Wallet / Earned Wage Access and support and AMS Services (HelpMyCloud).
Who are Veritas Prime's main competitors?
Direct peers on record are NTT DATA Business Solutions, OneSource Virtual and HR Path. Broad incumbents are IBM Consulting (SAP Practice), Accenture (SAP Practice), Deloitte (SAP Practice), SD Worx and Alight Solutions. Emerging players are WorkForce Software and PlanSource.
Does Veritas Prime have an API?
No public API is recorded for Veritas Prime.
What industry is Veritas Prime in?
Veritas Prime's product category is SAP HCM Implementation & Managed Services. Its primary akta.pro industry code is BPAEAAAO, IT Program/Project Management (PMO) & Delivery Assurance. Its NAICS code is 54151 and its SIC code is 7370.