Ban-Koe Companies

What Ban-Koe Companies does

Ban-Koe Companies, Inc. is a privately held Minnesota corporation founded in 1981 by Mike Banick and Al Koopmann (whose initials form the company name) that operates as a niche systems integrator specializing in workforce management and workplace security. The company sells integrated hardware, software, and services under its proprietary vIDix platform, which comprises roughly twenty product modules spanning time-and-attendance (vIDix Labor), scheduling (vIDix Scheduler), access control (vIDix Control), fire alarm (vIDix Fire), video surveillance (vIDix View), credentialing (vIDix Identify), visitor management (vIDix Info), emergency mustering (vIDix Muster), senior safety (vIDix Senior Safety), synchronous clocks, intercom/PA, mass notification, jail control, and investigation video evidence. The technology stack rests on two foundational partnerships: a Kronos relationship dating to the company's founding under which Ban-Koe became the largest Kronos support provider in the U.S., and a Knox Trusted Partner relationship for rapid-access hardware (Knox Boxes, FDC Locks, Padlocks). Complementary integrations include EST/Edwards fire systems, Telecor intercom, Code Alert senior-safety, HID Global, Evolis, and Matica card printers, with deployment options on Microsoft Azure, AWS, and Oracle cloud.

The business operates through three coordinated go-to-market motions: direct enterprise field sales from its Bloomington, MN headquarters; four regional offices in Crystal Lake IL, Sioux Falls SD, La Crescent MN, and Eau Claire WI; a reseller program with a dedicated Partner Login portal; and a broad international network of technology providers. Revenue is generated across five streams — hardware sales, software licenses/subscriptions, annual prepaid Technical Support Programs, professional services for installation/configuration/training, and recurring remote-station monitoring — with quote-based pricing, annual billing cadences, and CPI-linked price escalators. The customer base skews to large enterprises, with public logos spanning Target, Home Depot, Best Buy, NASA, Hormel, Smithfield, Cracker Barrel, Kwik-Trip, Shutterfly, UNFI, SpartanNash, Red Wing, Minneapolis Public Schools, and Chicago Public Schools. Recent product evolution includes a COVID-19 solutions suite (contact tracing, thermal screening, touchless biometrics) and a separately branded vIDix Aware crisis-status system, but no funding events, acquisitions, or executive changes are disclosed in the source material. The company employs 51-100 people and is concentrated in the Midwest U.S.

Name

Ban-Koe Companies

Legal name

Ban-Koe Companies, Inc.

Website

https://bankoe.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

51–100 employees

Short description

Ban-Koe Companies provides integrated workforce management and workplace security solutions under its vIDix platform, serving enterprise clients in retail, food processing, education, manufacturing, and government across the Midwest United States since 1981.

Ownership category

akta.pro rank

Product category

Workforce Management and Workplace Security Solutions

NAICS

Security Systems Services (except Locksmiths) (561621), Security Systems Services (56162)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Security, Safety & Fire/Life Safety Management (BPABAAAE)

Keywords

• Workforce management software
• Access control systems
• Time attendance tracking
• Video surveillance solutions
• Fire alarm systems

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Hardware Sales: Integrated hardware solutions including access control systems, fire alarms, video surveillance, clocks, intercoms, and security devices.
2. Software Licenses and Subscriptions: Software solutions including vIDix platform components for workforce management, security, and surveillance. Support Terms indicate annual subscription-based service.
3. Technical Support Programs (TSP): Annual Technical Support services with coverage for hardware and software. Payment terms are annual and payable in advance.
4. Professional Services: Installation, configuration, testing, certification, and owner training services. Terms and conditions reference hourly rates for out-of-scope services.
5. Knox Rapid Access Products: Sales of Knox rapid access solutions including Knox Boxes, FDC Locks, Padlocks, and related products. Ban-Koe is a Knox Trusted Partner.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Ban-Koe Companies provides integrated hardware, software, and services for workforce management and workplace security through its vIDix platform. The offering spans time and attendance tracking, scheduling, access control, fire alarms, video surveillance, visitor management, credentialing, mass notification, and remote monitoring, sold as combined solutions to enterprise and mid-market customers.

Product overview

Ban-Koe Companies is a workforce management and workplace security solutions provider operating under the vIDix product brand. The portfolio includes two core solution areas: Workforce Management (vIDix Labor for time/attendance, vIDix Scheduler for scheduling, and Compliance/Payroll Based Journal) and Workplace Security (vIDix Control for access control, vIDix Fire for fire alarms, vIDix View for video surveillance, vIDix Info for visitor management, vIDix Identify for credentialing, vIDix Senior Safety for senior care, vIDix Muster for emergency mustering, vIDix Detention Manager for jail control, vIDix Video Evidence for investigation, Mass Notification, Intercom/PA, Rescue Assistance, and vIDix Sync for synchronous clocks). The company also distributes Knox Box rapid access products and offers system monitoring services. Products are sold directly and through a network of technology providers, with solutions built on partnerships with Kronos (workforce management) and various life safety/security industry leaders.

Differentiator

Problem solved

Functional benefit

Brands

• vIDix: Comprehensive software platform brand for workforce management and workplace security solutions including vIDix Labor (time and attendance), vIDix Scheduler, vIDix Control (access control), vIDix Fire (fire alarm), vIDix View (video surveillance), vIDix Identify (credentialing), vIDix Info (visitor management), vIDix Muster (emergency mustering), vIDix Senior Safety (senior care solutions), vIDix Sync (synchronous clocks), vIDix Audio and Video, vIDix Video Evidence, and vIDix Detention Manager (jail control).

Products and services

• vIDix Labor Time and attendance tracking solution with touchless time clocks, proximity cards, and facial biometrics for workforce labor management, including overtime control and employee self-service.
• vIDix Scheduler Employee scheduling solution for managing shifts, staggered start times, and schedule preferences to reduce absenteeism and turnover.
• vIDix Control Access control solution providing facility security with visibility to day-to-day operations and unlimited access control possibilities.
• vIDix Fire Fire alarm system with IP-based technology, NFPA-compliant detector diagnostics, onboard CO sensor, and elevator control integration.
• vIDix View Enterprise video management platform for video surveillance, allowing organizations to view, manage, and record video locally and remotely.
• Knox Box Rapid Access Solutions Rapid access solution providing first responders quick, safe, and secure entry into buildings and secured areas without forced entry; includes Knox Boxes, FDC Locks, and Padlocks.
• vIDix Identify Credential management solution for ID badge printing with role-based access, Active Directory integration, and badge designer tools.
• vIDix Info Visitor management system for capturing visitor information, printing badges, pre-registration, and integration with facility access control.
• vIDix Sync Synchronous clock system ensuring accurate time throughout facilities with audio alerts for shifts, breaks, and bells.
• vIDix Muster Emergency mustering solution for checking people in during emergencies with check-in, messaging, and reporting capabilities across unlimited sites and events.
• vIDix Senior Safety Senior safety solutions including wander management, nurse call, and fall detection for post-acute care, behavioral management, rehab, dementia units, and senior living facilities.
• vIDix Detention Manager Jail control system for overseeing and managing detention facilities through interactive touchscreen with floor plan, live video, and device control.
• vIDix Video Evidence Investigation video management solution for recording, bookmarking, searching, and transcribing video evidence for law enforcement and security investigations.
• Intercom/PA Building communication solutions providing intercom, public address, paging, bell schedules, and digital signage for safety and communication.
• Mass Notification Crisis event alert system for sending notifications to individuals or groups using lists, locations, audible and visual intelligence before, during, and after emergencies.
• Rescue Assistance Area of rescue system providing accessible, hands-free, two-way communications enabling people with disabilities to call for help in emergencies.
• Monitoring Remote station monitoring service sending mission-critical signals to central stations for intrusion, fire alarm, elevator phones, and temperature monitoring.
• Audio & Video Commercial audio and video equipment including video projectors, audio speakers, microphones, pull-down screens, and network-distributed information management.
• COVID-19 Solutions Touchless workforce management tools including contact tracing, body temperature screening, self-reporting, and touchless access control for workplace safety.
• vIDix Aware Crisis status system for quickly initiating emergency plans, communicating to all individuals in a facility, and managing emergency condition statuses.

Named customers14 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature9 records

Partnerships

Two partnerships are on record, tiered core.

• KronoscoreTechnology or Integration · 1 January 1981Partnership with Workforce Management pioneer Kronos. Developing expertise through this partnership, Ban-Koe's focus and support grew to become the largest Kronos support provider in the U.S.
• Knox CompanycoreOEM/ Whitelabel/ Licensing PartnerBan-Koe is a Knox Trusted Partner providing rapid access solutions including Knox Boxes, FDC Locks, Padlocks, and related products. Provides local code knowledge, application expertise, inventory, installation and support for Knox products.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Securitas Technology (incl. Stanley Security): Large-scale electronic security integrator (formerly Stanley Security, now part of Securitas) offering enterprise access control, video surveillance, and integrated security platforms — broader portfolio but overlaps directly with Ban-Koe's enterprise security stack.
• ADT Commercial: Large-scale commercial security integrator providing intrusion, video, access control, fire, and monitoring — broad incumbent competing for the same enterprise RFPs Ban-Koe targets.
• UKG (Kronos + UltiPro): Workforce management and HCM platform that owns the underlying technology Ban-Koe supports as the largest U.S. Kronos partner — broad incumbent competing indirectly with vIDix Labor/Scheduler.
• Everon (formerly ADT Commercial / Red Hawk): National commercial security integrator offering integrated fire, life safety, and electronic security services — broad incumbent that competes for multi-site enterprise security programs of the type Ban-Koe serves.

Direct peers

• Kastle Systems: Specialist in commercial access control, visitor management, and integrated security-as-a-service — directly comparable to Ban-Koe's vIDix Control, vIDix Identify, and vIDix Info modules.
• Convergint Technologies: Global systems integrator focused on electronic security, fire alarm, life safety, and access control for enterprise and government customers — the same integrated security/safety stack Ban-Koe delivers under the vIDix brand.
• Interface Systems: Provider of managed security, video surveillance, access control, and business voice solutions for commercial and enterprise customers — directly competitive with Ban-Koe's integrated security + monitoring stack.
• Sonitrol (subset of Securitas): Verified-audio intrusion and integrated commercial security provider with monitoring services — closely comparable to Ban-Koe's access control + monitoring model for commercial accounts.
• Koorsen Fire & Security: Regional fire, life-safety, and security systems integrator serving commercial customers across the Midwest and U.S., directly comparable to Ban-Koe's integrated fire alarm + access control + monitoring offering.
• Vector Security: Provider of integrated security systems (intrusion, video, access control, fire, monitoring) for commercial and residential customers with strong Midwest presence — directly competitive with Ban-Koe's vIDix Control, View, Fire, and Monitoring portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/BanKoe_Co
• Facebookfacebook.com/BankoeCompanies
• LinkedInlinkedin.com/company/ban-koe

Revenue estimate

Valuation estimate

Number of profiles

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 Ban-Koe Companies