SwipeClock's Transition to a Direct SaaS Model & Leadership Reinforcement

Case Study

Challenge

In 2007, Sweden saw the emergence of an innovative software-as-a-service firm, inriver, specializing in product information management (PIM). With rapid growth and global reach, by 2022, they garnered the attention and subsequent acquisition by the private equity firm THL. However, this growth was not without its hurdles. As they ventured into broader horizons, inriver sought an adept ally to support their burgeoning needs – spanning from seamless leadership transitions to executive engagements and strategic event management. The landscape was complex; the solution needed, transformative.

At the heart of Chameleon Collective’s ethos is a transformative trinity: Lead ambitiously, Deliver effectively, and Recruit judiciously. We deployed this multifaceted model, ensuring that SwipeClock’s challenges metamorphosed into growth opportunities.

Lead

The initial agenda was crystalline: strategize with precision. We entrusted this pivotal role to an adept strategist, who meticulously sized up the market, spotlighting the most lucrative segments and enumerating potential targets. Bolstering this strategic blueprint, we inducted an interim Chief Revenue Officer and Chief Marketing Officer to rejuvenate the sales and marketing paradigms. The objective transcended mere guidance—it was a holistic re envisioning of SwipeClock’s sales tactics, devising new positioning, and sculpting an exhaustive Sales Playbook tailored for each channel. Concurrently, our search was laser-focused on scouting a VP of Sales and a Head of Marketing, both roles necessitating a profound grasp of the B2B SMB HR SaaS milieu.

Deliver

Ideation transitioned to tangible implementation. Our team, drawing upon its Performance Marketing acumen, inaugurated new paid media channels like LinkedIn and generated vertical-centric leads—all within an astonishing four weeks. Hundreds of existing content assets were meticulously repurposed and optimized for search engines to enhance online visibility, all harmonized with the revamped positioning.

Our introspection discerned certain underperforming elements within the mechanism. Addressing this, we embarked on a comprehensive team rejuvenation, uplifting the high-performers and reconfiguring areas of stagnation. This metamorphosis culminated with the unveiling of an integrated product suite, devised to magnetize high-ACV SaaS clientele.

Recruit

Understanding the imperative of sustainable progression, our vision extended beyond the present. Collaborating closely with CEO, Coleman Barney, we crafted an executive leadership blueprint for SwipeClock. Our mission was unequivocal: identify and integrate seasoned Chameleons familiar with private equity-backed ventures and deeply rooted in the current workforce management lexicon of the SMB SaaS domain. Guided by our intimate comprehension of SwipeClock’s organizational fabric, we effectively articulated job descriptions, facilitating the smooth onboarding of pivotal full-time roles. This strategic integration guaranteed that SwipeClock wasn’t merely poised for ephemeral success but was fortified for enduring excellence.

Impact

In a mere eight months, SwipeClock’s revenue trajectory skyrocketed, touching the commendable seven-figure benchmark—a resounding validation of their Direct SaaS model’s inaugural year. However, the transformation wasn’t merely numerical. With Chameleon Collective’s strategic guidance and interim leadership, SwipeClock carved a formidable niche in the SMB/SME domain. The reinforced leadership, a testament to our recruitment expertise, positioned SwipeClock for both immediate product triumphs and a future brimming with potential in the HRIS landscape. The permanent VP of Sales and Head of Marketing, vital cogs in SwipeClock’s machinery, have since been instrumental in driving robust growth, reinforcing brand prominence, and enriching customer and partner journeys. 

As Coleman Barney, CEO at SwipeClock, eloquently articulated, “Chameleon Collective have been invaluable partners. Their commitment to quality and speed is unparalleled. Our collaboration with them in senior executive recruitment was seamless, resulting in top-tier talent joining our ranks. Anticipating future endeavors with them.” This heartfelt testament underscores the profound impact our collective had, not just on the business metrics, but also on the overarching vision and direction of SwipeClock.

Team

Transformation

3+Yr

Chameleon Relationship

“Chameleon Collective have been invaluable partners. Their commitment to quality and speed is unparalleled. Our collaboration with them in senior executive recruitment was seamless, resulting in top-tier talent joining our ranks. Anticipating future endeavors with them.”

Swipeclock CEO

Related Chameleon Team Members

Adam Towvim

Adam Towvim

Interim Leader

Freddie Laker

Freddie Laker

Chief Digital Officer

Marc Kiven

Marc Kiven

Interim CRO

Matt Cave

Matt Cave

Creative Director (Branding)

Monte Wilson

Monte Wilson

Interim CXO and GTM Executive

Pamela Alegria

Pamela Alegria

Web Design

Sherry Ailsworth

Sherry Ailsworth

Executive Recruiter - Partner

Stephane Gringer

Stephane Gringer

Transformation Catalyst

Uwe Hook

Uwe Hook

Interim CMO/CDO

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