HR ANALYTICS,HR STRATEGY
Bambee | November 07, 2022
Bambee, the company that makes human resources affordable for small to medium-sized businesses, announced today that it has been selected for Inc. Business Media’s inaugural Power Partner Awards. This roundup honors B2B organizations across the globe with proven track records in supporting entrepreneurs and helping startups grow. The list recognizes 252 firms in marketing and advertising, health and human resources, financial planning, engineering, logistics, and security, as well as other areas of business.
All 252 companies received top marks from clients for being instrumental in helping leadership navigate the dynamic world of startups. These B2B partners support entrepreneurs across various facets of the business, including hiring, compliance, infrastructure development, cloud migration, fundraising, and more, allowing founders to focus on their core missions.
“Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life,”
- Scott Omelianuk, Editor-in-Chief of Inc. Business Media
Allan Jones, Bambee CEO & Founder, states: We are thrilled to be honored by the world's most trusted business-media brand, Inc. And we have our clients to thank for this.
Ranked by Forbes as one of America’s best startup employers in 2020, 2021, and 2022, Bambee is a venture-backed Series C business. Investors include SoftBank, QED Investors, Greycroft, Alpha Edison, Mucker Capital, and Ken Chenault (prev. 20-year CEO, American Express).
Bambee’s team is developing and deploying best-in-class human resources technology and services, with the aim of completely reshaping the employment dynamic for America’s small businesses. Its flagship HR Manager product aims to serve those businesses that need HR but often lack the resources to afford it. Bambee solves that problem by offering HR at prices as low as $99/month.
Inc. partnered with leading global social and media intelligence platform Meltwater to develop a proprietary methodology that uses sentiment from online conversations about organizations and translates it into numerical scores. Companies were evaluated on commitment, reliability, trust, creativity, supportiveness, and other virtues that offer value to clients. Inc. also conducted surveys to gather client testimonials as part of the process.
Allan Jones founded Bambee in 2016. Bambee has been at the forefront of solving HR problems for small businesses since its inception. Bambee puts their customers HR on autopilot, starting with a dedicated HR manager and smart automation. Bambee helps each company navigate the complex regulatory world of compliance, HR policy, employee relations, and HR strategy -- including internal investigations, hires, furloughs, and return to work procedures. The combination of a real HR manager coupled with an intelligent software platform gets Bambee customers to HR compliance and helps keep them compliant. In October 2021, Goldman Sachs celebrated Jones as one of the 100 most intriguing entrepreneurs, at their Builders + Innovators Summit. For three years running, Forbes has named Bambee a top startup employer in the U.S., and in 2022 listed Bambee as top 5 in Los Angeles.
About Inc. Business Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc.
HR ANALYTICS,WORKFORCE MANAGEMENT
Veritas Prime | December 12, 2022
Veritas Prime today announced that its OptimusHXM: Pay Portal is now available on SAP® Store, the online marketplace for SAP and partner offerings. OptimusHXM: Pay Portal is built on SAP Business Technology Platform (SAP BTP) using SAP Integration Suite and integrates with SAP® SuccessFactors® Employee Central and SAP® SuccessFactors® Employee Central Payroll, delivering terminated employees self-service access to their pay slips and year-end tax documents.
"Our application has served over 10,000 unique users since our first official deployment just a few short months ago, We're excited to offer our SAP-certified solution on SAP Store, just in time for year's end when employers are preparing to distribute W-2s to terminated employees by the January 31 deadline."
-Austin Gunter, Product Portfolio Manager at Veritas Prime
Once terminated, employees lose access to their pay slips and W-2/T-4 tax documents that were conveniently accessible in the SAP SuccessFactors employee profile. This SAP SuccessFactors extension solves this gap effortlessly by emailing the personal address on file once an employee becomes inactive. They click the link and instantly, their access is restored to these critical documents. The OptimusHXM: Pay Portal reduces Human Resources (HR) workload and costs by giving terminated employees self-service access to the online portal to download their pay slips and removes the burden from HR to ensure the documents are printed, stamped, mailed etc. It gives employees an off-boarding process due to the secure and simple login instructions that are sent directly to their personal email immediately after the termination becomes effective in SAP SuccessFactors Employee Central. Former employees inundating the HR Support with requests for these documents is a thing of the past.
Veritas Prime is a partner in the SAP® PartnerEdge® program. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs - quickly and cost-effectively.
About Veritas Prime
Veritas Prime, based on its founding principle of "truth and excellence," is dedicated to providing clients the best service through a consultative approach. An SAP gold partner with SAP Recognized Expertise in SAP SuccessFactors solutions, Veritas Prime is a premier consulting firm specializing in Human Experience Management technology and specifically SAP SuccessFactors solutions. Veritas Prime supports organizations to transform their employee experience via best-in-class solutions, SAP SuccessFactors with a full hire-to-retire solution, including fully outsourced payroll services, time and attendance, and benefits solutions, while also supporting customers post-go-live through its unique tool.
EMPLOYEE BENEFITS,WORKERS COMPENSATION
Innovation Minds | November 23, 2022
Innovation Minds, a Silicon Valley-based company, announced today the launch of their new Rewards-as-a-Service solution. With this solution, Innovation Minds is enabling companies to offer their employees tailored reward options in order to increase talent retention and satisfaction.
Motivating and rewarding employees is one of the top challenges facing organizations today. In fact, according to a recent survey, more than 60% of respondents say their company struggles to motivate and retain top talents. The Innovation Minds team is uniquely positioned to help companies with this challenge by providing personalized rewards service that creates experiences where employees are engaged and motivated throughout the day.
With this solution, companies can customize rewards based on data insights, such as reward preferences and demographics. It offers a self-service platform to let companies update or make changes to their rewards program for their employees. It also allows employees to get real-time notifications when they earn a reward and they can redeem it on their device with just a click, creating a seamless and enjoyable experience for employees.
"We believe this is an important step forward in helping employers create a more elevating work environment, Innovation Minds is focused on helping businesses create positive and engaging employee experiences. By making the rewards experience easier and more enjoyable, we are helping our customers deliver more value faster."
-Innovation Minds CEO Bala Balasubramaniam
The Innovation Minds team integrated their patented concept ‘Earn-Your-Pride-To-Reward-Your-Peers’, an innovative framework that allows employees to exchange appreciation for each other’s contribution, encouraging employees to make deep, personal connections with their team members and see how their position affects the work of others. Mike Lella, Head of Business Development added, The idea of receiving reward from an accomplished peer is much more meaningful than simply receiving recognition from management alone. Simultaneously, this notion is also encouraging a self-sustainable culture of engagement because the awardees get to enjoy the privilege of earning AND giving.
The solution features a wide range of reward options that supports 594 global brands, 45 countries and 28 currencies, customizable for each company's specific needs while being aligned with their company values. It also provides HR teams and managers with tools to measure the success of their campaign and track results.
We understand that rewards are often not enough to keep your employees motivated at work. It's about more than just giving out candy it's about creating an environment that makes work rewarding in itself. This latest upgrade will allow us to support even more companies in their efforts to drive employee engagement and retention, said Maria Bolo, Head of Customer Success at Innovation Minds.
WORKFORCE MANAGEMENT,HR STRATEGY
Culturro | November 28, 2022
Culturro today announced the launch of Risely, an AI coach for people managers and leaders. Risely helps managers in real-time to solve their daily people challenges and, in turn, helps them create high-performing teams.
"In my 17 years of career, I have worked with several managers and been a manager to many. In the last five years, we have worked with 200+ managers, and one thing became clear, managers are pivotal for any organization. Managers must ensure that the team performs optimally and meets or exceeds the management's expectations. The team and manager's working relationship impacts the end performance of the team. But often, managers are unaware of their blindspots and have little idea where things go wrong. They deal with different challenges with different people on the team. Bad working relationships impact the careers, health, and well-being of everyone involved. This is why we designed Risely,"
- Ashish Manchanda, Founder & CEO at Risely
Leadership and Manager development is ~30Bn $ market growing 10% annually. But we still observe trends such as #TheGreatResignation and #QuiteQuitting. So, what's missing, we asked ourselves. Most current solutions fail at some point and don't create the correct impact for their clients. There is a clear need for a solution that focuses on people managers' problems, is in the flow of work, works consistently at scale, and doesn't bite the pocket, added Ashish.
According to the statement from the company, Risely has been in early access so far with a host of managers from Fortune 500 companies such as SAP, Zalando, Wayfair, Axtria, Caastle, Incedo, Micron, Byju's, and AES, among others. These managers have not only been the early users of the product but have also helped shape it since the early days.
Risely has been a game-changer for my team and me. The customized tips my team and I get daily have helped us create stronger working relationships. We are more confident in our ability to deliver on our objectives, says Prashanth BN, AVP Technology at Byju's, an early Risely user.
Risely is simple to set up. The manager starts by configuring their details and the challenges they face with the team. They have the option to customize challenges for different team members. Once set up, Risely creates a Learn Journey, a step-by-step process through which Risely starts guiding the manager daily. The learning comprises a daily bite-sized learning tip focused on one challenge or skill in the Learn Journey or a detailed toolkit the manager gets at stipulated times. The manager can track their progress through different skill assessments built into the system. Additionally, Risely is offering a host of resources such as toolkits and leadership skills self-assessments for Managers.
Culturro is an HR tech company leveraging AI and People Science to solve organizational problems.