Draft:SD Worx
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SD Worx
[edit]SD Worx is a European-based provider of integrated human resources (HR) solutions, offering services across payroll, human capital management (HCM), workforce management (WFM), and HR outsourcing. The company supports approximately 95,000 organisations of varying sizes, calculates the salaries of around 6 million employees, and operates in 27 countries..[1]
History / Background
[edit]SD Worx was established to provide payroll and HR services tailored to both local and international business environments. Over the years, the company has expanded its geographic footprint through a series of strategic acquisitions and organic growth.
In 2021, SD Worx expanded into Spain, Poland, Italy, and the Nordics, enhancing its digital, SAP, reward and benefit management, and HR cloud capabilities. That same year, it became the majority shareholder in Teal Partners, a digital transformation firm, and acquired launch!, increasing its SAP SuccessFactors offering.
In 2022, SD Worx took a majority stake in Huapii [1], strengthening its talent management capabilities. It also acquired HRPRO [2], Intelligo [3], and IntegHro [4], further expanding its presence across Europe.
In 2023, the company acquired Gavdi Poland (SAP HR), SoftMachine (WFM), and Romanian Software [5] (payroll). These moves positioned SD Worx as a billion-euro revenue company. The company also increased its presence in Ireland, Romania, Croatia, and the Adriatic region, and welcomed CVC as a minority shareholder [6]
In 2024, SD Worx acquired F2A [7], a leading Italian HR and payroll provider, expanding into southern Europe and adding Albania to its service map. The company also focused on advancing its HR tech capabilities, particularly in talent management and artificial intelligence (AI).
Human Capital Management (HCM)
[edit]- Employee lifecycle
- Travel and expenses
- Document management
- Skills and performance
- Organisational management
Payroll & Reward
[edit]- Payroll processing and declarations
- Compliance and risk management
- Reward and compensation
- Flexible benefits plans
- Payroll, DEI, and ESG reporting
Workforce Management (WFM)
[edit]- Time and attendance management
- Absence tracking and access control
- Planning and scheduling
- Strategic workforce management
Software and Managed Services
[edit]Software:
- SaaS and cloud-based solutions
- Payroll engines in 20 countries
- WFM solutions in 17 countries
- HCM offerings in 17 countries
Managed Services:
- HR, payroll, and WFM support across 26 countries
- Unified service structure with single contract, SOW, SLA, and invoice
Consulting and Expertise
[edit]- HR consulting on demand (short or long term)
- Data-driven insights
- SD Worx Academy for learning and development
Notable Milestones
[edit]- 2021: Expansion into Spain, Poland, Italy, and the Nordics. Acquisitions of Teal Partners and launch!
- 2022: Acquisition of Huapii, HRPRO, Intelligo, and IntegHro.
- 2023: Acquisitions of Gavdi Poland, SoftMachine, and Romanian Software. Revenue surpasses €1 billion. CVC becomes minority shareholder.
- 2024: Acquisition of F2A; expansion into Albania; increased focus on talent and AI.
Leadership
[edit]Kobe Verdonck is the current Chief Executive Officer (CEO) of SD Worx.[9]
Sponsorship
[edit]SD Worx is the main sponsor of Team SD Worx - Protime, a leading women's cycling team.[10]
References
[edit]- ^ "Profile | SD Worx Annual Report 2024".
- ^ "SD Worx acquires HRPRO and enters Southeastern Europe". 16 December 2022.
- ^ "Intelligo, Payroll Software and Solutions Specialist, becomes SD Worx. Now known as SD Worx, formerly Intelligo. | SD Worx".
- ^ "SD Worx adquiere Integrho para posicionarse como líder de soluciones de Nómina y RRHH en Europa". 8 November 2022.
- ^ "SD Worx closes acquisition of Romania's market leader in payroll & HR solutions". 29 April 2024.
- ^ "SD Worx welcomes leading investment manager CVC to accelerate European growth".
- ^ "SD Worx signs an agreement for the acquisition of F2A from Ardian". 30 July 2024.
- ^ "Profile | SD Worx Annual Report 2024".
- ^ "Qui est Kobe Verdonck le CEO de SD Worx".
- ^ "Team SD Worx - Protime".