Workplace HCM

What Workplace HCM does

Workplace HCM Inc. is a privately held, founder-led outsourced human capital management (HCM) provider headquartered in Marlton, New Jersey, serving small to midsize businesses primarily across the Northeast United States. The company distributes two cloud-based HCM platforms — the proprietary Apex Human Capital Management platform, positioned for growing businesses needing advanced payroll and HRIS capabilities, and the partner-distributed isolved People Cloud, an all-in-one payroll, HR, time tracking, and benefits administration solution — alongside a suite of service modules covering outsourced HR, payroll processing, electronic onboarding, mobile timekeeping, benefits enrollment, and reporting and analytics. Workplace HCM differentiates through a relationship-first, consultative sales motion rather than technology novelty, emphasizing dedicated points of contact and hands-on customer support.

The business model is subscription-based and recurring, with monthly fees that vary by company size, employee count, and selected services; pricing is quote-based rather than published. Revenue streams include outsourced HR services, payroll processing, HRIS platform access, and HR package support. The go-to-market combines direct sales via demo requests with a formalized affinity partner channel of CPAs, insurance agents, and financial advisors who refer clients, supplemented by a vendor partner ecosystem spanning benefits administration (Employee Navigator), retirement plans (Ubiquity), payroll funding (Payro Finance), pay cards (NatPay), background checks (National Crime Search), and multiple workers' compensation insurance carriers.

Founded in 2017 by Frank Plum and Kevin Kardos, the company has been recognized for sustained growth through five consecutive Philadelphia100 awards (earning Hall of Fame status in 2025 at #17), inclusion in the 2024 Inc. 5000 Regionals: Northeast List, and a 2024 Titan 100 recognition for President Frank Plum. The company remains founder-owned with no disclosed external funding, operates with a small internal team (firmographic range of 1-10 employees), and has not publicly disclosed revenue.

Name

Workplace HCM

Legal name

Workplace HCM Inc.

Website

https://workplacehcm.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Workplace HCM is a privately held, founder-led outsourced HCM provider based in Marlton, NJ, delivering cloud-based payroll, HRIS, benefits, onboarding, and timekeeping solutions to small and midsize businesses across the Northeast US via the Apex HCM and isolved People Cloud platforms, sold through direct sales and an affinity partner channel.

Ownership category

akta.pro rank

Product category

Human Capital Management Software

NAICS

Payroll Services (541214), Professional Employer Organizations (561330)

SIC

Services-Prepackaged Software (7372), Services-Management Services (8741)

akta.pro primary industry

Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ)

akta.pro secondary industries

Payroll, Time & Attendance (BPACAPAB), HR Service Delivery, Case Management & Employee Self-Service (BPACAPAL)

Keywords

• Outsourced HR services
• Payroll processing
• Human capital management
• HRIS platform
• Employee benefits administration

Headquarters

HQ city

Marlton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Outsourced HR Services: Monthly or recurring fees for outsourced human resources services including HR support, compliance assistance, policy development, and HR consulting.
2. Payroll Processing Services: Recurring fees for payroll processing, tax calculations, direct deposit, and payroll reporting services delivered through cloud-based platforms.
3. HRIS Platform Access: Access fees for cloud-based HRIS platforms (Apex and isolved) that provide payroll, timekeeping, onboarding, and benefits administration capabilities.
4. HR Package Support: Support services for HR packages including compliance consulting and HR issue resolution.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Workplace HCM delivers outsourced human resources and payroll services to small and midsize businesses through two cloud-based HCM platforms: Apex Human Capital Management (its proprietary scalable platform) and isolved People Cloud (a third-party all-in-one HCM platform). Service modules bundled with platform access include payroll processing, HR support, electronic onboarding, mobile timekeeping, benefits enrollment, and reporting & analytics, providing SMBs with comprehensive HR infrastructure without in-house HR staff.

Product overview

Workplace HCM offers a platform-plus-modules product architecture centered on two cloud-based HCM platforms: Apex Human Capital Management (a scalable platform for growing businesses needing advanced payroll and HRIS with automation and robust reporting) and isolved People Cloud (an all-in-one solution combining payroll, HR, time tracking, and benefits administration). These core platforms are supplemented by a suite of service modules including Outsourced HR & HRIS, Payroll Services, Hiring & Onboarding, Mobile Timekeeping, Benefits Enrollment, and Reporting & Analytics—all accessible via cloud-based technology on any device, anytime, anywhere. Workplace HCM provides implementation support and ongoing account management to ensure smooth onboarding and tailored organization success.

Differentiator

Problem solved

Functional benefit

Brands

• Employer on the Go: Cloud-based platform for employers and employees to access payroll, timekeeping, and HR services
• Apex Human Capital Management
• isolved People Cloud

Products and services

• Apex Human Capital Management A scalable, cloud-based proprietary HCM platform designed for growing businesses that need advanced payroll and HRIS capabilities, modernizing back-office operations through automation and robust reporting.
• isolved People Cloud An all-in-one cloud-based HCM platform combining payroll, HR, time tracking, and benefits administration that empowers employees to control their information while supporting engagement and compliance for SMBs.
• Outsourced HR & HRIS Services Comprehensive outsourced human resources services including HR strategy, compliance management, employee relations, and HRIS administration, enabling SMBs to access expert HR support without hiring full-time HR staff.
• Payroll Services Full-service payroll processing including tax calculations, direct deposit, and real-time payroll management accessible from any device, integrated within the cloud-based HCM platforms for SMB clients.

Quantifiable outcome

• Businesses that outsource their HR save over 30% of the cost of hiring a full-time in-house HR staff

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered minor and core.

• AIGminorOthersWorkers compensation insurance provider partner. Workplace HCM pairs clients with top providers in the industry including AIG for workers compensation coverage.
• AmTrustminorOthersWorkers compensation insurance provider partner offering coverage options through AmTrust Financial.
• Berkshire HathawayminorOthersWorkers compensation insurance partner through Guard Insurance (Berkshire Hathaway subsidiary).
• CNAminorOthersCommercial insurance provider partner for workers compensation coverage.
• The HartfordminorOthersWorkers compensation insurance partner offering coverage options for clients.
• TravelersminorOthersWorkers compensation insurance partner providing coverage options.
• Selective InsuranceminorOthersWorkers compensation provider partner for insurance coverage options.
• Eastern Alliance Insurance GroupminorOthersWorkers compensation insurance partner offering coverage options.
• Employers HoldingsminorOthersWorkers compensation insurance partner providing coverage options.
• First Compensation InsuranceminorOthersWorkers compensation insurance partner through workerscomplinationshop.com.
• Hanover Insurance GroupminorOthersWorkers compensation insurance partner providing coverage options.
• Preferred Employers InsuranceminorOthersWorkers compensation insurance partner offering coverage options.
• CPA's and AccountantscoreChannel Partner/ Reseller/ DistributorAffinity partner segment referring businesses to Workplace HCM. CPAs value knowledgeable, accountable, responsive, focused, and secure partners for their clients' payroll and HR needs.
• Insurance AgentscoreChannel Partner/ Reseller/ DistributorAffinity partners who streamline benefit enrollment for their clients by integrating benefits packages into the payroll process. Property and Casualty agencies maintain ownership of referred accounts.
• TPA/Financial AdvisorscoreChannel Partner/ Reseller/ DistributorAffinity partners including financial advisors and TPAs who help clients save for retirement. Workplace HCM integrates with leading money managers and supports Form 5500 preparation.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Gusto: Gusto is a leading cloud-based payroll, HR, and benefits platform purpose-built for small businesses in the US, offering an integrated experience very similar to Workplace HCM's combined payroll + HRIS + benefits stack.
• isolved: isolved is the provider of the People Cloud platform that Workplace HCM resells to its customers, and a direct competitor in the SMB HCM space with a comparable payroll, HR, time, and benefits offering.
• Paycor: Paycor is a cloud-based HCM provider focused on small and midsize businesses, offering payroll, HRIS, time, talent, and benefits functionality highly comparable to Workplace HCM's product portfolio.
• Justworks: Justworks is a PEO-style HCM platform providing payroll, benefits, compliance, and HR support to SMBs, competing with Workplace HCM's outsourced HR + payroll + benefits offering in overlapping customer segments.
• Insperity: Insperity is a PEO delivering full-service HR, payroll, benefits, and workforce management to SMBs, the same core proposition Workplace HCM markets to small and midsize customers.
• TriNet: TriNet provides HR outsourcing, payroll, benefits, and compliance for small and midsize businesses, directly comparable to Workplace HCM's outsourced HR + HRIS service bundle.
• Patriot Software: Patriot Software offers affordable online payroll and HR software aimed at very small US businesses, competing for the lower end of the SMB customer base that Workplace HCM targets.

Broad incumbents

• Paychex: Paychex is a large, established payroll and HR solutions provider with deep SMB penetration across the US, offering cloud-based payroll, HRIS, and benefits administration that competes head-on with Workplace HCM's product set.
• ADP (Automatic Data Processing): ADP is the dominant incumbent in payroll and HCM, with a broad SMB offering (RUN Powered by ADP) that directly competes with Workplace HCM, plus enterprise services that allow it to upsell SMB clients as they grow.

Emerging players

• Rippling: Rippling is a fast-growing cloud HCM platform that unifies HR, IT, payroll, and benefits, increasingly targeting the same mid-market and growing-business segment that Workplace HCM serves with Apex.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/WorkplaceHCM
• Facebookfacebook.com/workplacehcm
• LinkedInlinkedin.com/company/workplace-hcm-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Workplace HCM