HR ANALYTICS, EMPLOYEE EXPERIENCE
GoCo | February 20, 2023
GoCo, a software solution for the HR sector, has recently announced its acquisition of WFHomie, to accelerate its services for HR professionals in engaging employees and making the workplace better. With WFHomie’s products and solutions, it will enhance cross-selling synergies and innovation, automating HR workflows that HR teams and employees would desire.
This acquisition is GoCo’s first endeavor, with about 15 million dollars in funding from ATX Venture Partners. WFHomie is a platform for solutions related to employee experience and people analytics for remote-first companies. Both companies are coming together with this acquisition to innovate HR products for a more engaging data-driven workplace.
In its recent study, it was found that leadership tasks pressurize HR professionals to retain talent mainly through employee engagement programs. Keeping in mind the necessity of retention and engagement, it is designing a suite for employee management solutions with advanced products and services that would enhance employee experience and offer people analytics for measuring engagement.
Co-founder and CEO of GoCo, Nir Leibovich, said, “We know that employee experience is top of mind for SMBs and the HR teams that support them.” He added, “Our team and our platform are growing rapidly in support of our mission to empower HR professionals, and this acquisition is a key step in that direction. It’s clear that the leadership of WFHomie share our vision, passion, and excitement for creating innovative products that help companies build better workplaces. We’re confident that the WFHomie team will bring the expertise and agility we need to ship new products and expand our service offerings in line with that vision.”
(Source – Business Wire)
Co-founder and CEO of WFHomie, Pavla Bobosikova, said, “Nir and the leadership team at GoCo are dedicated to building a future where HR and People Ops leaders have the bandwidth to support their employees effectively and create thriving, high-performing workplaces.” She added, “We share the same vision – to improve work-life for employees, while empowering organizations to operate more effectively.”
(Source – Business Wire)
About GoCo
Headquartered in Houston, Texas, GoCo, a software development company dedicated to HR solutions, provides services for human resource management, HR software, health insurance, Human Resource Information System HRIS, workforce management, payroll, expenses, recruiting, talent management, work culture and employees. It has been revolutionizing HR solutions for SMBs, making it a flexible HR platform, supporting HR processes, policies and recruiting professionals to adopt a modern HR system since 2015. It is dedicated to becoming the flexible all-in-one platform for HR solutions by eliminating manual HR tasks and empowering strategic HR initiatives for SMBs.
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EMPLOYEE EXPERIENCE, EMPLOYEE BENEFITS
Triton Benefits & HR Solutions | March 06, 2023
Triton Benefits & HR Solutions, a nationwide HR consulting and employee benefits brokerage, recently introduced a new health insurance service that helps small business owners save money on group health plans by purchasing higher deductibles, while providing coverage for most of the deductibles.
Providing healthcare benefits to employees can be challenging for small business owners, especially due to the high cost of deductibles, which can create a financial burden for both the employer and employees. The new coverage options help alleviate this problem, allowing business owners to offer their employees high-quality healthcare plans without worrying about expensive deductibles.
Businesses can lower overall premiums and limit out-of-pocket expenses by combining lower-cost, high-deductible group insurance purchased through Triton HR with Garner Health's supplemental plan. Garner Health's approach to healthcare is based on statistical analysis, similar to the "Moneyball" approach in baseball, and offers a "gap-insurance" type of plan that covers deductibles. Using data from over 85% of patients treated in the US, their statistical approach has found that the primary driver of costs and patient outcomes is the individual doctor that the patient sees.
Garner Health is the sole healthcare platform that examines the cost-saving potential of a doctor-specific approach. By leveraging Garner's tools, plan participants can locate the top-rated doctors within their network, and Garner assumes most of their medical expenses. As a result of receiving higher-quality care from well-regarded physicians with a proven history of positive outcomes, insurance expenses for all group members are lowered.
Steve Rosenthal, Triton Benefits & HR Solutions' CEO, said, "Everyone who leases a vehicle is required to have gap insurance to bridge the out-of-pocket expense of an unexpected loss of your vehicle. Our offering with Garner brings the same kind of peace of mind and savings to Group Health Insurance.” He further added, "We believe that every employee deserves access to high-quality healthcare, and this new coverage strategy makes it easier for small business owners to provide that for their employees. It's a win-win for everyone involved."
(Source – CISION PR Newswire)
About Triton Benefits & HR Solutions
Triton Benefits and HR Solutions is a licensed and bonded insurance agency. They provide innovative designs for group health plans and offer support for HR technology. In addition to this, they offer HR Outsourcing services, and their team of in-house HR consultants collaborates with HR Generalists for either a short or long-term projects. Together, they develop HR policies and procedures that allow the workforce to achieve their full potential.
Triton's team of experts has in-depth knowledge that enables them to offer major carrier plans, level and self-funded plans, compliance planning, and ACA expertise. They provide strategies to evaluate health-related risks that may impact claims experience and education on developing trends that affect both employers and employees.
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HR ANALYTICS, WORKFORCE MANAGEMENT
Businesswire | March 17, 2023
MMC, Inc., a Human Resources Outsourcing company (HRO), today announced it has replaced its on-premise legacy communications systems with RingCentral, Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, to drive an improved client experience, streamline employee workflows, and deliver IT cost savings. After migrating 3,000 of its employees to RingCentral MVP® (Message Video Phone™), MMC realized substantial savings on its business communications costs.
Known for its expertise in HR outsourcing, payroll, benefits administration, and other business processes, MMC was looking for a cloud solution that could provide greater mobility for its employees and would allow them to more efficiently connect and communicate with clients. By implementing RingCentral MVP, they have enabled employees to increase productivity and efficiency through the use of a cloud-based business phone service, video conferencing, digital fax, and SMS–on any device from virtually any location. As a result, MMC has streamlined employee workflows, increased accessibility to clients, and empowered remote workers.
“What sets us apart from the larger competitors is our white glove service delivery. We care about our customers’ experience and go that extra mile to ensure the highest service delivery possible. This means being accessible to clients when they have questions, concerns, or require assistance,” said Raul Terrazas, manager of information technology at MMC. “With RingCentral, we are now able to seamlessly communicate with clients from virtually anywhere using our office phone, mobile, or PC. Given how many employee workflows we’ve been able to improve across our company, how much visibility we’ve gained into our client communications, and how much money we’ve saved — not to mention how effortless the implementation itself was — my only regret is not migrating MMC to RingCentral sooner.”
In the company’s next unified communications transformation phase, MMC’s IT team plans to roll out RingCentral MVP to their sales and support teams and optimize those operations with the RingCentral for Salesforce integration. This integration will enable them to consolidate platforms for the company’s agents, reduce the number of vendor relationships for Terrazas’ team to manage, and streamline agent workflows for added speed and efficiency.
“We are thrilled to work with MMC on their cloud transformation—leveraging the strengths of our unified communications platform,” said Carson Hostetter, chief revenue officer at RingCentral. “By shifting to RingCentral, MMC is driving greater operational efficiencies and improvements in both customer and employee experiences.”
About MMC
California-based Human Resources Outsourcing company MMC was established over 40 years ago for the purpose of providing HR Outsourcing & Consulting solutions to improve business performance. By outsourcing HR, you will be cutting costs, lowering risk, and better positioning your company for success. As the top HR Outsourcing service provider for over 8,500 employees nationwide, MMC has learned that there is no cookie-cutter approach when it comes to resolving workplace concerns. MMC takes a special interest in assuring each client’s success while providing a hands-on approach to exponential growth with your company.
About RingCentral
RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone™ (MVP®) global platform. More flexible and cost-effective than legacy on-premises PBX and video conferencing systems, RingCentral® empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, device, and device location. RingCentral offers three essential products in its portfolio, including RingCentral MVP®, a Unified Communications as a Service (UCaaS) platform including team messaging, video meetings, and cloud phone system; RingCentral Video®, the company's video meetings solution with team messaging that enables Smart Video Meetings™; and RingCentral Contact Center™ solutions. RingCentral's open platform integrates with leading third-party business applications and allows customers to customize business workflows easily. RingCentral is headquartered in Belmont, California, and has offices worldwide.
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