What Timegrip does

Timegrip A/S is a Danish workforce management (WFM) software company founded in 1996, headquartered in Aalborg with additional offices in Nivå (Denmark) and Oslo (Norway). It operates a cloud-based SaaS platform unifying three core modules: Scheduling (AI-driven shift suggestions, shift coverage, multi-collective-agreement compliance, cost and budget planning), Time Tracking (geofenced digital punch clock, payroll output, leave and absence management, task-based tracking), and Operations (HR and employee records, document management, analytics/BI, open API, and the partner-developed 4PLAN HR Controlling module from S4U). A 25-language employee app and a manager app support iOS and Android deployments. The platform targets shift-intensive verticals, primarily retail, hospitality, healthcare, logistics/warehouse, and manufacturing, with named enterprise customers including JYSK, Circle K, Strawberry Hotels, Maxi Zoo, Louis Nielsen, Oberberg Clinics, and Change of Scandinavia across more than 30 countries.

Timegrip monetizes primarily through recurring SaaS subscriptions priced by employee count, departments, countries, collective-agreement complexity, and feature set, with a published starting tier of DKK 1,600/month (one department, up to 20 employees) and enterprise contracts on quote; revenue is supplemented by professional services for implementation, integration setup, and tiered customer support (TP/TM/TG). GTM combines direct enterprise field sales (with localized numbers in Denmark, Norway, and the UK), PLG-style free trial and demo-led conversion, and regional event/user-group engagement (ERFA). Integration breadth (Dataløn, Danløn, Visma payroll systems, MinRefusion for Danish state reimbursements, BI tools via REST API) and compliance certifications (ISAE 3000, ISAE 3402 mapped to ISO 27001/27002; EU Pay Transparency Directive tooling; EU AI Act-classified limited-risk chatbot) are positioned as differentiators.

On 3 June 2026, Timegrip was acquired by BCS HR Software, a Netherlands-based HCM and payroll provider owned by Main Capital Partners (approximately EUR 7B AUM), creating a pan-European HCM and payroll platform with combined revenue exceeding EUR 60 million and approximately 330 employees serving Benelux, Nordic, and DACH markets. Timegrip also acquired Software4You in March 2025. Timegrip CEO Rex Clausager continues in leadership during integration. The company previously traded under the product brands TimePlan (TP) and TimeMap (TM), now unified under the Timegrip brand alongside the Norwegian TG product line.

Name

Timegrip

Legal name

Timegrip A/S

Website

https://timegrip.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Timegrip is a Danish workforce management SaaS provider serving 1,100+ enterprise customers across 30+ countries with AI-driven scheduling, time tracking, and payroll integration for shift-intensive industries including retail, hospitality, and healthcare.

Ownership category

akta.pro rank

Product category

Workforce Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Time, Attendance & Scheduling Administration (BPACAIAE)

akta.pro secondary industries

Time & Attendance Administration (Timekeeping, Scheduling, Leave Tracking) (BPAAAHAC), Time, Attendance & Leave Management Outsourcing (T&A, Absence, FMLA) (BPACAKAF), Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

Keywords

• Workforce management software
• Employee scheduling software
• Time tracking software
• Shift planning platform
• HR controlling software

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription - Core Workforce Management: Monthly subscription model based on number of employees, departments, countries, collective agreements, and feature set. Base pricing starts at DKK 1,600 per month for one department with up to 20 employees, including scheduling, time tracking, absence management, internal communication, HR data, and employee app.
2. Professional Services & Implementation: Implementation support, onboarding assistance, and training services. Includes user training for employees, system configuration, and integration setup. Support hours vary by product tier (TP, TM, TG) with 24/7 customer support availability.
3. Enterprise & Multi-region Licensing: Pricing scales based on geographic footprint and complexity. Company serves customers in over 30 countries, with enterprise organisations requiring multi-country deployments and advanced features driving higher contract values.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Timegrip develops and sells a cloud-based SaaS workforce management platform that unifies staff scheduling, time tracking, absence management, payroll export, HR records, analytics and employee self-service through mobile and web apps. The platform is delivered under three regional product lines (Timegrip TP for Denmark, Timegrip TM for Denmark, Timegrip TG for Norway) and is sold primarily to mid-market and enterprise organizations in retail, hospitality, healthcare, logistics, manufacturing, housing associations and entertainment across 30+ countries. Pricing is a monthly per-employee/department subscription starting at DKK 1,600 per month, supplemented by implementation, training and integration services.

Product overview

Timegrip is a workforce management software platform offering three integrated solutions — Timegrip TP (formerly TimePlan), Timegrip TM (formerly TimeMap), and Timegrip TG — alongside a network of partner integrations. The platform is built around three core modules: Scheduling (with AI-driven staff scheduling, shift coverage, labour standards compliance, cost and budget planning, and appointment booking), Time Tracking (with payroll output and reporting, leave and absence management, digital punch clock, and task-based time tracking), and Operations (with communication tools, HR and employee records, analytics and business intelligence, document management, Integrations and API, and 4PLAN HR Controlling by S4U). A cross-platform mobile app for both employees and managers supports scheduling, time tracking, absence requests, and notifications. The three core product lines are unified under the Timegrip brand while serving different regional markets (Danish and Norwegian) and customer segments.

Differentiator

Problem solved

Functional benefit

Brands

• 4PLAN: HR controlling and workforce planning solution integrated within the Timegrip platform, enabling personnel cost planning, pay gap analysis, and HR analytics to support compliance with the EU Pay Transparency Directive.
• Timegrip TP
• Timegrip TM
• Timegrip TG

Products and services

• Timegrip TP (formerly TimePlan) Workforce management solution for Danish customers covering scheduling, labour standards and agreements compliance, absence management, payroll output, and employee app access.
• Timegrip TM (formerly TimeMap) Workforce management solution for Danish customers, formerly known as TimeMap, rebranded under the Timegrip umbrella.
• Timegrip TG Workforce management solution for Norwegian customers operating as Timegrip TG under the unified Timegrip brand.
• Scheduling Solution Scheduling module for creating staff schedules automatically, managing rotating schedules and conflicts, and enforcing rule and agreement compliance across multiple sites.
• Time Tracking Solution Time tracking module with real-time mobile clock-in/out, overtime alerts, quick payroll export, task-based time tracking, leave and absence management, and digital punch clock functionality.
• Operations Solution Operations module providing streamlined processes for effective communication, HR administration and integrations, including 4PLAN HR Controlling by S4U, document management and analytics.
• 4PLAN (HR Controlling by S4U) HR Controlling solution developed with partner S4U providing advanced workforce planning, budgeting, forecasting, and HR analytics with job architecture, KPI dashboards including gender-split statistics, scenario analysis, position management, and EU Pay Transparency Directive compliance support.
• Timegrip Employee App Mobile application for iOS and Android enabling employees to view schedules, manage shift swaps, clock in/out, track time, request holidays and absence, view holiday balances, and receive notifications, available in 25 languages with biometric login.
• Timegrip Manager App Mobile application for managers providing real-time insights into scheduling, staffing levels and time tracking, with approval workflows for shifts and requests, real-time schedule adjustments, team availability overview, and instant shift notifications.

Quantifiable outcome

• Maxi Zoo saves over 300 working hours annually and DKK 4.1 million in reimbursements secured through automation
• +4 more outcomes

Named customers9 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability4 records

Feature11 records

Partnerships

Three partnerships are on record, tiered core.

• BCS HR SoftwarecoreStrategic or Co-development Partner · 3 June 2026BCS HR Software acquired Timegrip on June 3, 2026, creating a pan-European HCM and payroll software platform. The combination brings together BCS's core HR and payroll strengths with Timegrip's workforce management capabilities, forming an entity with revenues exceeding EUR 60 million and approximately 330 employees. BCS CEO Joep Eijkens stated this creates a broader and more integrated offering while significantly expanding presence across Benelux, Nordic, and DACH regions. Timegrip CEO Rex Clausager will continue in leadership as the organisations integrate.
• MinRefusioncoreTechnology or Integration · 1 May 2024Integration partnership for automated reimbursement handling. Timegrip integrates with MinRefusion via API to automatically transfer absence data for sickness and parental leave reimbursements. Implementation completed in approximately 14 days at Maxi Zoo. Maxi Zoo achieved DKK 4.1 million in reimbursements secured within one year through this integration, with the payroll specialist saving approximately 25 hours per month.
• S4UcoreTechnology or IntegrationS4U develops 4PLAN HR Controlling solution which is offered as part of Timegrip's operations portfolio. S4U's Hanns-Dirk Brinkmann (Managing Director) contributed commentary on EU Pay Transparency Directive compliance, positioning 4PLAN as a key tool for HR analytics and workforce planning. Implementation of 4PLAN at customer sites is conducted jointly with S4U.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Quinyx: Swedish-headquartered workforce management SaaS serving shift-based and hourly workforces across retail, hospitality, and healthcare. Highly comparable to Timegrip in both product scope (AI scheduling, time tracking, labour compliance) and Nordic/European target segments.
• Planday (Xero): Denmark-born shift scheduling and workforce management SaaS, now owned by Xero. Overlaps directly with Timegrip on scheduling, time tracking, and employee app experiences for retail, hospitality, and healthcare in Europe.
• Deputy: Global workforce management SaaS focused on shift scheduling, time tracking, and rostering for hourly workforces. Competes head-to-head with Timegrip in mid-market and enterprise verticals including retail, healthcare, and hospitality.
• When I Work: US-headquartered shift-based workforce management SaaS providing employee scheduling, time tracking, and team communication for hourly workforces. Comparable product scope to Timegrip across retail, hospitality, and healthcare SMB/mid-market segments.
• Shiftboard: Workforce management platform specialised in shift scheduling and labour compliance for healthcare, manufacturing, and security workforces. Comparable to Timegrip on complex-shift compliance and shift-swap mechanics.

Broad incumbents

• UKG (Ultimate Kronos Group): Large incumbent HCM and workforce management vendor offering UKG Workforce Management alongside payroll and HR for enterprises. Overlaps with Timegrip across scheduling and time tracking but operates at much larger scale and broader footprint.
• Ceridian / Dayforce: Global HCM vendor whose Dayforce platform includes workforce management, payroll, and talent modules. Competes with the combined BCS+Timegrip stack in mid-market and enterprise HCM evaluations across Europe.
• ADP Workforce Now: Large incumbent payroll and HCM suite offering embedded time tracking and scheduling. Directly comparable in payroll-output functionality and competes with Timegrip where buyers prefer a single-vendor stack.
• Workday HCM: Enterprise cloud HCM platform increasingly extending into workforce management via its acquisition of HiredScore and broader scheduling ambitions. A long-term incumbent competitor for enterprise HCM+time-tracking deals.

Emerging players

• Sling (by Toast): Shift scheduling and team communication tool originally targeting restaurants and now serving hospitality-adjacent segments under Toast. Partial overlap with Timegrip's hospitality and retail scheduling, particularly for smaller operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Timegripwfm
• LinkedInlinkedin.com/company/timegrip-wfm

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Timegrip