OCTIME

OCTIME

Software company in france in the field of work time planning and management.

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DateInvestorsAmountRound
investor

€0.0

round
investor

€0.0

round
*

N/A

Secondary
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues0000000000000000000000000000
% growth(14 %)(33 %)2847 %13 %10 %20 %17 %
EBITDA0000000000000000000000000000
% EBITDA margin(4 %)4 %40 %34 %36 %36 %37 %
Profit0000000000000000000000000000
% profit margin343 %492 %24 %34 %23 %26 %24 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about OCTIME
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OCTIME Group operates as a specialized software editor in the field of workforce management, providing solutions for time and attendance, planning, and activity tracking. The company was originally founded in 1998, with the current legal entity established on March 26, 2012. Entrepreneur Guillaume Berbinau acquired the company in March 2008 and serves as its President. Berbinau, who holds an engineering degree and previously worked at the TF1 group, was raised in an entrepreneurial family and sought to acquire a business in the South-West of France. At the time of the acquisition, OCTIME had about 40 employees and revenue of €4.2 million.

The company's business model is centered on the development and sale of its proprietary software, primarily through a Software-as-a-Service (SaaS) model, which now accounts for 100% of new client deployments. OCTIME serves a broad client base, from small businesses with 10 employees to large corporations with over 35,000, across diverse sectors including healthcare, retail, services, and public administration. The firm generates revenue through software subscriptions and associated services. The Group has demonstrated consistent double-digit growth, reporting revenues of €36 million in 2023 and €42 million in 2024. It aims to reach €65 million in revenue by 2028.

OCTIME's core product is a modular workforce management platform that automates and optimizes HR processes. Key features include time and attendance tracking, which uses physical or digital clocks to monitor hours worked, and advanced scheduling capabilities that allow managers to create and adjust team schedules while respecting labor regulations. The software also manages absences and leave, and seamlessly integrates with numerous third-party payroll and HR systems like SAP, ADP, and Sage to ensure data reliability for payroll processing. The company offers specialized versions of its software, such as OCTIME Expresso for SMEs and has expanded its offering through acquisitions, including STAFFELIO for managing replacements, Grupo Spec for access control, and aTurnos for constraint-based scheduling. A significant recent development was the release of an updated platform with a redesigned user interface and a customizable HR dashboard.

Keywords: workforce management, time and attendance software, HR software, employee scheduling, leave management, SaaS, access control, payroll integration, HR process automation, human resources technology, activity tracking, time tracking, constraint-based scheduling, staff replacement management, WFM, OCTIME Group, Guillaume Berbinau, Nicolas Michel-Vernet, Biron, HR tech

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Investments by OCTIME

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aTurnos
ACQUISITION by OCTIME Sep 2022
Mapotempo
ACQUISITION by WOOP Nov 2021
STAFFELIO (ex LibMed)
ACQUISITION by OCTIME Sep 2021