TULIP
TULIP provides a cloud-based SaaS platform unifying time and attendance, HR administration, payroll, benefits, business trips, and accounts payable automation across 40 countries for 3,300+ multi-country enterprises and SMBs via its sub-brand Heron.
- Company typePrivate
- Founded2014
- HeadquartersBratislava
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What TULIP does
TULIP is a Bratislava-headquartered cloud platform vendor providing an integrated suite of back-office software for time and attendance, HR administration, payroll, benefits, business trips, events, and accounts payable automation. Its product surface comprises a core platform (TULIP Core Platform), three primary product lines (TULIP Time & Attendance, TULIP HR Administration, TULIP Accounting/AP Management), and a sub-brand product (TULIP Heron) targeted at smaller companies via a self-service 30-day trial. The technology stack is a cloud-only middleware solution delivered through web-based self-service portals with built-in local legislative compliance (labour law, GDPR, payroll), proprietary OCR for invoice digitization, a customizable workflow engine, multi-factor authentication, and direct ERP integrations with Microsoft Dynamics NAV, Asseco Helios Orange, and Asseco SPIN. The platform supports 13 languages and is localized across 40 countries.
The business model is subscription SaaS with quote-based annual or multi-year contracts, priced per users and modules. TULIP serves two distinct GTM motions: an enterprise field-sales motion led by the Managing Director and a Business Development team that handles demos and RFPs for multi-country organizations, and a product-led growth motion via TULIP Heron targeting smaller companies. The company reports 3,300+ clients, 169,000+ active users, and 47,000+ documents processed monthly. Customer segments span multi-country enterprises, IT/tech firms, and retail chains; notable logos include PEPCO, Kiwi.com, MOL Czech Republic, Covestro, Alpiq, FPT Slovakia, Bluefin Payment Systems, SDI International, Tatry Mountain Resorts, and Tornator. Operating geographies span Central, Eastern, Southeastern, Western, Southern, and Northern Europe plus the Baltics, India, and Rwanda. Ownership is private with no disclosed external funding rounds, and the company holds ISO 27001, ISO 9001, and ISO 14001 certifications plus A+ SocioRating.
TULIP firmographics
Firmographics- Name
- TULIP
- Legal name
- Tulip Solutions s.r.o.
- Website
- https://tulipize.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TULIP provides a cloud-based SaaS platform unifying time and attendance, HR administration, payroll, benefits, business trips, and accounts payable automation across 40 countries for 3,300+ multi-country enterprises and SMBs via its sub-brand Heron.
- Ownership category
- akta.pro rank
TULIP industry classification
Industry- Product category
- Cloud HR and Payroll Software
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Expense Management & Reimbursements Administration (BPACAIAH)
- akta.pro secondary industries
- Benefits Administration (BPACAPAC), Expense, Invoice & Reconciliation (ERP/AP) for Travel (THALAMAC)
Keywords
Where TULIP is headquartered
LocationHeadquarters
- HQ city
- Bratislava
Offices3 records
Markets served
TULIP business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription SaaS Platform: All-in-one cloud platform for time & attendance, HR administration and accounting offered as subscription service. Pricing based on number of users/modules with annual or multi-year contracts. Includes cloud hosting, updates, and support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | TULIP Heron - 30-day free trial |
| Subscription | Annual | Enterprise Subscription |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
TULIP product offering
Product offeringCore offering
TULIP provides a unified, cloud-based SaaS platform that automates back-office workflows including HR administration, time and attendance, payroll/payslips, benefits, business trip management, event management, and accounting (including invoice OCR and AP automation). The platform is sold as a subscription to organizations operating across multiple countries, with built-in local legislative compliance, customizable workflows, ERP integrations, and centralized cross-country reporting.
Product overview
TULIP is an all-in-one cloud platform for managing back-office functions, consisting of a core platform with three main product lines: Time & Attendance Management (including both TULIP Time & Attendance and the newer TULIP Heron for smaller companies), HR Administration (covering payroll, benefits, business trips, events, and onboarding modules), and Accounting/Accounts Payable Management. The platform is designed for global use across 40+ countries with local legislative compliance.
Differentiator
Problem solved
Functional benefit
Brands
- HERON: Next-generation employee attendance management system built on latest technologies. Provides easy mobile records of working time and absences, high data security and compliance with legislation. Offers 30-day free trial.
Products and services
- TULIP Core Platform Unified cloud-based SaaS platform bundling HR, time and attendance, payroll, benefits, business trips, events, and accounting modules into a single system with multi-country legislative compliance and ERP integration for organizational buyers.
- TULIP Time and Attendance
Quantifiable outcome
- TULIP processes over 47,000 documents per month for 3,300+ clients
- +1 more outcomes
Companies that use TULIP
Customer profileNamed customers12 records
Segments3 records
Ideal customer profiles4 records
TULIP technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature6 records
TULIP partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Microsoft (Silver Partner)coreMicrosoft Silver Partner providing integrations with Microsoft Dynamics NAV and Business Central; enables seamless accounting data synchronization for shared clients
- AccacecoreAccace is the payroll processor partner for clients including MOL Czech Republic; TULIP integrates with Accace for payroll data exchange and payslip distribution
Scale indicators6 records
Recent moves7 records
Expansion highlights4 records
TULIP competitors and assessment
Company assessmentDirect peers
- Personio: European all-in-one HR platform for SMB and mid-market covering HR admin, recruiting, time tracking and payroll with multi-country capabilities. Directly comparable as a cloud HR/workforce administration suite targeting European employers with localization needs.
- BambooHR: US-headquartered cloud HRIS targeting SMB and mid-market with time tracking, onboarding and payroll integrations. Comparable to TULIP Heron on SMB/mid-market T&A + HR, though with weaker European multi-country compliance depth.
- Zalaris: Nordic-listed provider of multi-country payroll and HR outsourcing and software across Europe. Comparable as a multi-country payroll + HR tech platform with strong localization libraries, competing for similar enterprise buyers.
- SD Worx: Belgian-headquartered provider of multi-country payroll, HR and legal compliance services across Europe. Highly comparable on the multi-country payroll + compliance angle that TULIP sells to enterprise customers like PEPCO and Kiwi.com.
- Factorial: Barcelona-based SMB HR and time tracking platform with expanding multi-country payroll partnerships across Europe. Closely comparable to TULIP Heron's PLG-style SMB motion and overlapping T&A + HR scope.
- Planday: Workforce management and employee scheduling platform with strong European (incl. CEE/Nordic) presence, owned by Xero. Overlaps with TULIP on time & attendance and scheduling for shift-heavy workforces, particularly in retail and hospitality.
Emerging players
- HiBob: Modern cloud HRIS for mid-market companies with multi-country capabilities and integrations to payroll providers. Competes with TULIP for the same multi-country mid-market HR buyer, though with less payroll depth.
Broad incumbents
- Workday: Enterprise cloud HCM, payroll and finance suite pushing down-market in Europe with localized compliance. Comparable on integrated HR + payroll + finance but targets much larger enterprises than TULIP's mid-market core.
- ADP (ADP Workforce Now / ADP Celergo): Global payroll and HCM incumbent with multi-country payroll products and broad enterprise reach. Overlaps with TULIP on multi-country payroll/HR but at much larger scale and price points; competes for the same enterprise buyers.
- SAP SuccessFactors: Enterprise HCM suite from SAP with multi-country localization and tight ERP integration (especially with S/4HANA). Represents the upper-end competitive benchmark TULIP wins against or loses to in mid-market deals.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
TULIP social profiles
Digital presenceTULIP compliance and trust
Trust signalCompliance4 records
TULIP financial estimates
Financial estimateRevenue estimate
Valuation estimate
TULIP leadership team
Management profileNumber of profiles
Profiles22 records
TULIP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TULIP 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 TULIP
What does TULIP do?
TULIP provides a unified, cloud-based SaaS platform that automates back-office workflows including HR administration, time and attendance, payroll/payslips, benefits, business trip management, event management, and accounting (including invoice OCR and AP automation). The platform is sold as a subscription to organizations operating across multiple countries, with built-in local legislative compliance, customizable workflows, ERP integrations, and centralized cross-country reporting.
Is TULIP a public or private company?
TULIP is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TULIP founded?
TULIP was founded in 2014. It employs 11 to 50 people.
Where is TULIP based?
TULIP is headquartered in Bratislava.
How does TULIP make money?
One revenue line is on record: subscription SaaS Platform.
Who are TULIP's main competitors?
Direct peers on record are Personio, BambooHR, Zalaris, SD Worx, Factorial and Planday. HiBob is listed as an emerging player. Broad incumbents are Workday, ADP (ADP Workforce Now / ADP Celergo) and SAP SuccessFactors.
Does TULIP have an API?
Yes. TULIP provides a standard API that allows customers to connect TULIP data with their other software systems. Used for integrating TULIP data with external systems.
What industry is TULIP in?
TULIP's product category is Cloud HR and Payroll Software. Its primary akta.pro industry code is BPACAIAH, Expense Management & Reimbursements Administration, with a secondary code of BPACAPAC, Benefits Administration. Its NAICS code is 54151 and its SIC code is 7371.