“Can a 35-year-old vertical ERP for cleaning and security contractors become the embedded financial and AI operating system for labor-heavy field-service businesses?”
TEAM Software began in 1989 as a specialist back-office/ERP vendor (WinTeam) for commercial cleaning and security contractors — one of the deepest vertical SaaS niches, with 65% of the largest US security firms and 50% of the largest US cleaning firms as customers. After an Accel-KKR investment in 2019, TEAM was rolled into WorkWave in 2021, expanding its embedded-finance surface area via the shared 'WorkWave Fintech' platform. The current strategic direction is turning a vertical ERP into an embedded fintech + AI-analytics platform for labor-heavy service businesses — with Worldpay-powered integrated payments, DailyPay-powered earned wage access, and Wavelytics AI decision intelligence layered on top of WinTeam.
TEAM Software processes payments through Worldpay and WorkWave Payments (self-branded). Disclosed money-movement rails: ACH.
TEAM Software's payroll is powered by WinTeam Payroll (in-house) and ADP (tax filing integration).
TEAM Software integrates with ADP (payroll tax), Avalara (sales tax), FileBound (document management), Sage (Timegate+ integration), Microsoft (Timegate+ integration), SAP (Timegate+ integration) and Oracle (Timegate+ integration).
The Embedded Finance Index 2026 maps 4 layers in TEAM Software's stack: Payments / PSP (Worldpay and WorkWave Payments (self-branded)); Money movement (ACH); Payroll (WinTeam Payroll (in-house) and ADP (tax filing integration)); Accounting (ADP (payroll tax), Avalara (sales tax), FileBound (document management), Sage (Timegate+ integration) and 3 others).
TEAM Software is founded in 1989 and headquartered in Holmdel, New Jersey, United States (with operations in UK and Australia); prior corporate office Omaha, NE.
Get a read on where your own stack stands against TEAM Software and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.