Recent Acquisition The recent acquisition of SyncStream by Selerix Systems indicates a strategic expansion into cloud-based benefits administration and ACA compliance, creating opportunities to cross-sell integrated compliance solutions to mutual clients and leverage Selerix’s broader benefits platform.
Market Focus With a strong specialization in Affordable Care Act compliance and reporting, the company serves mid-sized organizations, presenting a sales opportunity to targeted industries such as healthcare, staffing, and HR consulting that require robust compliance tools.
Product Innovation SyncStream's development of advanced compliance tools like ACA Audit and EEO-1 Comply positions it as a leader in automation-driven compliance solutions, appealing to organizations seeking efficient, audit-ready reporting software.
Growth Potential Operating within a revenue range of 1 million to 10 million and serving a personnel base of up to 200 employees, there is significant growth scope by expanding sales efforts toward larger enterprises and attracting new clients in the compliance technology space.
Strategic Partnerships Existing collaborations with staffing and recruiting platforms like AkkenCloud and Avionté suggest opportunities to deepen integrations, expand joint marketing initiatives, and target industries that rely heavily on compliance reporting and HR solutions.