Achievers Builds on Global Leadership in Employee Engagement by Acquiring TemboSocial

Achievers, the reformist decision for worker voice and acknowledgment arrangements that quickens a culture of execution, today declared that it has finished its procurement of TemboSocial Inc., an imaginative supplier of representative input and acknowledgment instruments. The TemboSocial procurement follows Achievers' ongoing swell of new client wins and industry grants, including:

Leader in Everest Group's PEAK Matrix® for Rewards and Recognition Solutions for 2020
HRO Today's Baker's Dozen 2020 Customer Satisfaction Survey for Recognition
2020 Brandon Hall Group HCM Excellence Awards, awarded Gold in the category of Best Advance in Employee Recognition Program
2020 Top 50 Best Workplaces™, Best Workplaces™ for Inclusion, and Best Workplaces™ for Women by Great Place to Work® Canada

"We share the conviction we hear from our customers that dramatic and lasting changes in how people work are creating opportunities to revolutionize the employee experience – so we are investing and innovating to help our customers do that," said Jeff Cates, CEO of Achievers. "Great cultures are founded on putting employees first, empowering managers, and activating the most important engagement drivers."

"Customers know juggling multiple HR tech apps is painful," Cates continued. "Among other things, enterprise organizations want a safe and secure way to link ad hoc employee survey and fast feedback tools to their recognition and reward system to nudge behavior. Spending hundreds of thousands of dollars on consumer-based survey tools is inefficient, costly, and comes with significant security risk."

"That's why we're delivering a system that enables all data to stay together in streamlined, easy-to-use workflows, where our customers can activate employee participation and drive engagement in a single platform," Cates concluded. "We found the perfect complement to our suite of offerings, TemboSocial, a leader in employee feedback solutions already serving premiere enterprise customers."

TemboSocial, situated in Toronto, Canada, has been serving driving worldwide organizations for as far back as 17 years. The obtaining of TemboSocial reinforces and expands Achievers' venture answer for worker commitment with extra supervisor strengthening apparatuses and simple to-utilize studies, structures, tests, and surveys in one creative stage.

"We've built the TemboSocial suite of products, fuelled by customer feedback, to solve problems our customers wanted solved. Increasingly, we see companies standardize their feedback tools using TemboSocial to save costs, aggregate their employee data, and protect against security risks associated with using off-the-shelf survey apps," said Steven Green, President of TemboSocial. "The Achievers platform is amazing, with global reach and remarkably high active usage. We are excited about the synergy we can unlock together to serve our customers even better and to revolutionize the industry."

Achievers additionally as of late rearranged its business to have an immediate relationship with proprietors Silver Lake, the worldwide pioneer in innovation putting with more than $60 billion in joined resources under administration and submitted capital, and P2 Capital Partners.

"We are pleased to have the strong backing of Silver Lake and P2 Capital Partners. Our goal is to revolutionize the employee experience. With our recent reorganization, the momentum to further drive innovation and accelerate investment in the Achievers Employee Engagement Platform has just begun," said Jeff Cates, CEO of Achievers.

About Achievers

Culture is the ultimate driver of organisational success. With Achievers' employee voice and recognition solutions, bring your organisation's values and strategy to life by activating employee participation and accelerating a culture of performance. Achievers' solutions leverage the science behind behaviour change to deliver sustainable, data-driven business results anywhere in the world. Integrated insights fuel smarter solutions that deliver just-in-time nudges to the entire organization and an industry-best customer success and support team guides you on every step of the journey.

Spotlight

Spotlight

Related News

HR Practice

Modern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024

Factorial | February 05, 2024

With the New Year underway, many businesses are reevaluating their HR software solutions to increase efficiency and effectiveness in the evolving HR management landscape. Gartner data highlights that businesses frequently replace HR software due to system inefficiencies, missing features, and reliability concerns. Key reasons for dissatisfaction include inefficiency (34%), insufficient functionality (29%), and unreliability (13%). In response to these challenges, modern HR software solutions are offering five new features designed to enhance efficiency within its software AI-powered Applicant Tracking System : New AI-powered Applicant Tracking System (ATS) to streamline the traditional CV screening process, a major bottleneck in recruitment. This innovative feature allows hiring managers to assess applications based on various criteria such as company values, job descriptions, CVs, offer letters, and custom questions. The result is a significant reduction in screening time, ensuring a comprehensive evaluation process. Geofencing Precision: Geofencing Precision addresses challenges faced by organizations with multiple locations or flexible policies. By incorporating geofencing capabilities into its time-tracking features, HR software solutions help prevent unauthorized overtime, a key contributor to increased labor costs and decreased workforce productivity. This enhancement allows HR leaders to enforce accurate clock-ins at designated workplaces, thereby reducing labor costs and enhancing employee accountability. Insights V2 Data Analytics. Insights V2 provides organizations with comprehensive data for informed decision-making. Users can now filter company data using multiple parameters, simplifying the process of checking and exporting valuable metrics in real-time. This timely and accurate insight is crucial for strategic decision-making. Time-Saving Documentation: Time-Saving Documentation enables users to pre-fill forms with document templates and fillable PDFs. This streamlined process, combined with personalized data, enhances efficiency for employees verifying information, meeting the growing demand for tools that simplify administrative processes. Seamless Payroll Integration: HR software solutions are seamlessly integrating payroll and benefits administration with HR management processes. This aims to enhance organizational efficiency by reducing manual errors, improving accuracy, and fostering collaboration between HR and finance departments. Recognizing this, Factorial, a leading provider of HR software solutions, is introducing innovative features from AI-powered applicant tracking to payroll integration. Jordi Romero, Co-founder and CEO of Factorial, emphasizes, "These new features reflect our dedication to empowering HR teams globally. By harnessing the power of technology, we aim to transform the way organizations approach human resources, fostering efficiency, collaboration, and success." As businesses strive for greater efficiency and effectiveness in the new year, Factorial is committed to providing support and solutions. About Factorial Founded in 2016, Factorial offers people-centric solutions for HR teams, automating processes so they have more time to dedicate to the people within their organization. With over 75,000 users across 65+ countries, Factorial serves clients such as KFC, Booking.com, and Whisbi. Factorial became Europe's newest Unicorn in 2022 following a Series C investment round.

Read More

HR Strategy

HireRight Receives Non-Binding Acquisition Proposal from General Atlantic and Stone Point Capital

HireRight | December 12, 2023

HireRight Holdings Corporation a leading provider of global background screening services and workforce solutions, announced that it has received a non-binding proposal from General Atlantic, L.P. (“General Atlantic”) and Stone Point Capital LLC (“Stone Point”), and their respective affiliated funds (collectively, the “Sponsors”), to acquire all of the Company’s outstanding shares of common stock that are not already owned by the Sponsors for $12.75 in cash per share. The board of directors of the Company previously formed a special committee of independent directors (the “Special Committee”) to evaluate and consider any potential or actual transaction proposal from the Sponsors and any other alternative proposals or other strategic alternatives that may be available to the Company. There can be no assurance that any definitive agreement will result from the proposal submitted by the Sponsors or that any transaction will be consummated. The Company and the Special Committee do not intend to comment further about this proposal unless and until they deem further disclosure is appropriate. A copy of the Sponsors’ proposal letter is available as an exhibit to General Atlantic and Stone Point’s statements of beneficial ownership on Schedule 13D/A as publicly filed on Friday, December 8, 2023, with the United States Securities and Exchange Commission. About HireRight HireRight is a leading global provider of technology-driven workforce risk management and compliance solutions. We provide comprehensive background screening, verification, identification, monitoring, and drug and health screening services for approximately 37,000 customers across the globe. We offer our services via a unified global software and data platform that tightly integrates into our customers’ human capital management systems enabling highly effective and efficient workflows for workforce hiring, onboarding, and monitoring. In 2022, we screened over 24 million job applicants, employees and contractors for our customers and processed over 107 million screens.

Read More

HR Practice

Pipefy Launches AI-Powered HR Automation Solution to Improve the Employee Experience

Pipefy | January 15, 2024

Pipefy, the global industry leader in AI-driven process automation, announced the launch of Pipefy AI for HR, with customizable chatbots that are available to help employees, 24/7. Pipefy AI for HR delivers instant and centralized access to policies, forms, data, and other information frequently requested from HR teams. Pipefy AI for HR gives employees a single portal in which they can not only find the information and documents they need, but also submit requests, such as for vacation time or reimbursements. Employees can use the chatbot to ask questions about PTO, research open roles within the company, or reference company policies. The chatbot is available in any language and accessible on any device. For HR teams, Pipefy for AI means more face time with employees, better SLA attainment, and more time to focus on HR strategy. Pipefy AI helps HR teams make data-driven decisions by providing fast access to data, process insights, and crucial metrics such as attrition and employee satisfaction. For example, HR professionals can ask Pipefy AI questions such as “What are the top factors contributing to turnover in the sales department?” “Pipefy AI for HR is all about helping HR teams deliver exceptional employee experiences,” said Alessio Alionco, CEO of Pipefy. “It does this by improving response times and giving employees more autonomy. Beyond this, Pipefy AI gives HR professionals more time for the 1:1 contact and strategic planning that truly make a difference for employees and the company as a whole. From a process automation perspective, this AI tool works like a virtual assistant, automating workflows, handling routine tasks, answering common questions, and routing incoming requests.” Alionco added, “Generative AI solutions such as ours are ideal to help HR professionals streamline their workload and improve employee experiences – and their adoption is accelerating. In fact, according to Gartner, 81% of HR leaders have explored or implemented artificial intelligence (AI) solutions to improve process efficiency within their organizations.” In a recent Pipefy survey, 79% of business and IT leaders said that they expect the combination of artificial intelligence and process automation – such as Pipefy AI – to increase efficiency by at least 25%. Importantly, Pipefy AI for HR delivers industry-leading security features and certifications, to help make sure that teams are safe, secure and in compliance. About Pipefy Pipefy delivers a leading business process automation platform that increases team productivity and efficiency, centralizes data, and standardizes processes for teams in IT, Finance, HR, Customer Operations and more. Through its no-code process automation and AI framework, Pipefy helps businesses achieve operational efficiency and optimal productivity for every team in every department. Among its many recognitions, Pipefy was named to the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing companies in North America in November, 2022.

Read More