Newmerix Revenue and Competitors

Boston, MA USA

Location

N/A

Total Funding

Estimated Revenue & Valuation

  • Newmerix's estimated annual revenue is currently $3.6M per year.(i)
  • Newmerix's estimated revenue per employee is $112,000

Employee Data

  • Newmerix has 32 Employees.(i)
  • Newmerix grew their employee count by -3% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$3.8M363%N/AN/A
#2
$0.4M11-8%$10.1MN/A
#3
$4.6M4111%N/AN/A
#4
$28.1M18713%$38.7MN/A
#5
$3.6M32-3%N/AN/A
#6
$2M2912%$4MN/A
#7
$3.4M327%$7.7MN/A
#8
$4.5M405%N/AN/A
#9
$2.4M24-14%N/AN/A
#10
$32.6M21213%N/AN/A
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Beacon Application Services Corporation is a leading integrator of PeopleSoft® Enterprise application software. With nearly 300 successful implementation and upgrade projects over the past fifteen years, Beacon has developed an outstanding reputation for customer satisfaction. Headquartered in Massachusetts, Beacon has over 100 Certified Consultants nationwide specializing in PeopleSoft Enterprise applications including HRMS, Financials, EPM and Supply Chain. Established in 1990, Beacon began working with PeopleSoft in 1992 and has become one of the most experienced providers of PeopleSoft expertise in the IT Services Industry. Among PeopleSoft's original group of alliance partners, Beacon continues to play a vital role in the delivery of PeopleSoft Enterprise Solutions as an Oracle® Certified Advantage Partner and a member of the SOA Initiative (Fusion). Named a Preferred Implementation Partner by PeopleSoft's Financial Services Industry Business Unit, Beacon enjoys a proven track record for implementing PeopleSoft systems for banking, insurance, brokerage, mutual fund, property management, and specialty finance companies. Averaging fifteen years experience in implementing business applications for major corporations worldwide, Beacon's consultants combine strong project and product knowledge to establish a solid infrastructure for its customers. This enables us to deliver small teams, experienced in business functions and technical areas, effective at partnering with technology vendors and our customers to bring a higher level of value. Focused on teaming with PeopleSoft customers worldwide, Beacon offers both depth of experience and significant PeopleSoft expertise. Our focus adds a further level of knowledge, and value, to customers. Beacon has achieved broad-based success across a number of industries, including business services, financial services, healthcare, and public sector. Beacon enjoys a proven track record for providing leading organizations with solutions that take advantage of the cost efficiencies inherent in PeopleSoft. o support our Oracle | PeopleSoft Enterprise projects and customers, Beacon has partnership alliances with a number of industry-leading companies, including offshore services and archiving. We measure our success in terms of our customers' accomplishments. Our experience and focus allows us to carefully plan and design each customer solution to their specific goals, objectives and business needs, and to work closely with each customer to successfully complete each project with minimal disruption to their organization. We partner with our customers to deliver firm, fixed bid engagements with emphasis on deliverables within specific timeframes by committing the right resources at the right time for the right results. Examples of some of our engagements include: A leading P&C insurance organization is partnering with Beacon to implement Financials 9 and Customer Care and Billing for Insurance as part of a multi-phase transformation initiative. A leading, state-chartered commercial bank is partnering with Beacon in a multi-phase implementation of Financials 9. One of the nation's leading pediatric hospitals is partnering with Beacon in the upgrade of HCM to 9. For one of the country's leading mortgage lenders, Beacon implemented Financials 9. A leading private equity firm is partnering with Beacon in the rapid implementation and enhancement of Financials and HCM 9. For a global financial institution, Beacon implemented a Financials solution, including a fully integrated deployment of commitment control. We also completed the Financials upgrade and an HCM fit/gap for a PeopleSoft 9 reimplementation and implemented an imaging solution for Expenses. [Case Study] For a major State University, Beacon provided extensive support and specialized assistance in Commitment Control redesign for an upgrade from 7.5 to 8.9. For the largest U.S. electronic stock market, Beacon deployed Financials and HCM, including eApplications. We also completed upgrades for this client, implemented Treasury Management, and provided application management services. A leading provider of P&C insurance partnered with Beacon on the implementation of PeopleSoft Financials and is now working with us on the upgrade to 9.[Case Study] For a leading real estate finance company resulting from a merger, Beacon designed a combined HCM solution and an approach to merge two existing systems into the new solution. For a leading investment management company, Beacon implemented a Financials solution, integrating with the ESA system already in production. For a state legislature, Beacon led the functional upgrade from PeopleSoft Financials 7.5 for Education and Government, including upgrading encumbrance accounting features to Commitment Control. This project was completed in conjunction with an upgrade lab.[Case Study] For a software company, Beacon has provided extensive order-to-cash services and implemented General Ledger.

keywords:N/A

N/A

Total Funding

32

Number of Employees

$3.6M

Revenue (est)

-3%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Newmerix News

2022-03-22 - MERIX increases diversity of offerings in the marketplace with ...

Moving into a new house is an expensive and stressful time for people, and the new MERIX Cashback Mortgage allows for some financial relief...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$6.9M3228%N/A
#2
$6.9M3219%N/A
#3
$3.8M3327%N/A
#4
$4.4M346%N/A
#5
$7.3M34-40%N/A