EMPLOYEE EXPERIENCE

Productiv Revolutionizes the Digital Work Experience with SaaS Intelligence Platform

Productiv | October 21, 2021

leading software-as-a-service management provider Productiv introduced an enhanced version of its flagship product -- the SaaS Intelligence Platform -- to enable CIOs to provide better governance, increase operational velocity and improve employee engagement. Productiv’s solution gives IT departments better visibility into app usage, spend and compliance, enables greater automation of workflows and policies and offers the ability to deliver personalized digital employee experiences at scale.Talent shortages and the “Great Resignation” are threatening to constrain enterprise growth, and this situation is not expected to change anytime soon. As a result, enterprises are focusing on attracting and retaining the best talent, and CIOs in particular are being tasked with providing employees with a world-class digital work experience. But the digital employee experience is currently suffering due to too much SaaS, which has led to a fragmented and difficult to manage hybrid/remote work environment where only 45% of company apps are being used regularly. In a recent survey, 71% of workers say the quantity of tools available to them is increasing complexity and hindering productivity.

SaaS Intelligence is a new data-driven approach that empowers CIOs to drive the best digital employee experience for their distributed workforces in an environment of SaaS sprawl, by providing businesses with actionable insights about their application portfolio. SaaS Intelligence works by capturing billions of employee app engagement data points, which are then cross referenced with HR, enterprise procurement and policy data and finally integrated with other benchmarking data. This processed data is fed into proprietary machine learning and deep learning models that power real-time recommendations for businesses. These recommendations can include the most relevant or high ROI apps for an employee, apps with highest compliance risks and app licenses that should be downgraded or de-provisioned due to low use.

Other new capabilities of the platform include:

Productiv AppCenter: A clean, easy to navigate app marketplace experience provides employees with instant access to best-of-breed tools approved and managed by a company’s IT department. AppCenter enables end-to-end, rapid app self-provisioning through integrations into existing IT systems and processes, such as IT ticketing or Identity Access Management systems.

Improved Okta Integration: Productiv’s dynamic app-usage driven license automation integrates with Okta, leading to alignment of app spend based on usage and improved policy compliance.

Intelligent workflow automation: IT companies can accelerate operations through automation of the app request, approval, licensing process and other custom workflows that bolsters a company’s risk posture, policy enforcement and saves months of IT time spent on custom scripting and manual scaling. Early customers are reporting three times faster app delivery and 49% reduction in “ungoverned” apps also known as “shadow IT.”
Productiv’s SaaS Intelligence Platform provides companies with the following benefits:

Engaged Employees: Unparalleled employee app engagement analytics help IT to deliver personalized employee experiences and recommendations, leading to higher app adoption, usage and engagement and ultimately higher employee satisfaction with the digital experience.

Operational Velocity: Productiv’s platform increases IT productivity and speeds operations by enabling policy and workflow automation and getting rid of tedious manual processes associated with launching apps.

Data-Driven Governance: By providing instant detection of unsanctioned apps, and visibility into app usage, Productiv helps companies to collaborate with line of business stakeholders across the company to drive innovation and plan better while ensuring the right level governance for applications.

“By providing delightful, personalized digital work experiences, CIOs are becoming even more impactful executives,Productiv’s SaaS Intelligence Platform enables companies to make sure that wherever their employees may sit, they have the tools they need to thrive."

-Jody Shapiro, CEO and co-founder of Productiv.

Mike Hamilton, Head of Information Technology at Databricks,Attracting and retaining top talent is a strategic imperative at Databricks. One of the ways my IT team does this is by providing our employees with the best tools and digital experiences to help them do their best work. We are leveraging Productiv's SaaS Intelligence Platform on this journey to deliver highly personalized employee experiences.

Kendall Collins, CMO of Okta,The world is shifting to identity-first for employee and customer experiences. Productiv is redefining the digital experience for employees through SaaS Intelligence, and we are excited to be a part of their journey through our integration.

Sunny Azadeh, CIO of GlobalLogic,Productiv’s SaaS intelligence platform provides us with tremendously valuable data and actionable insights. With this we’re able to increase the visibility, adoption and ROI of our app investments while improving our compliance and risk posture.

About Productiv
Productiv is the data-driven, enterprise SaaS Intelligence Platform for the modern CIO. Companies like Fox, Uber and Zoom use Productiv to create a system of record for their SaaS portfolios with the most detailed view into how software is actually used. With robust data and insights, IT is able to unlock new transformational change for their organizations while more efficiently executing on day-to-day operations. Founded in 2018 and backed by Accel, IVP and Norwest Venture Partners, we are on a journey to transform how you think about SaaS and the impact it can have on your organization.

Spotlight

"Today’s customer demands service when and where they choose, and cloud based solutions are the quickest and most cost effective path to meeting this critical need. This means your agents need user-friendly desktop tools as well as access to the most relevant customer data so they can resolve issues quickly and deliver a positive customer experience."


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EMPLOYEE EXPERIENCE, EMPLOYEE BENEFITS

Compt Benchmark Study Reveals Top Employee Perks for Open Enrollment

Compt | October 06, 2022

Compt, an employee perk stipend software company optimized for the modern, more-flexible workplace, released today its findings from its mid-year employee perks benchmarking study. The study pulls data from over 140,000 individual stipend purchases from January through July, 2022 and highlights a transformation in how companies support employees with an emphasis on wellbeing. These spending categories are top of mind for HR teams as they go into open enrollment and budget renewal discussions with a desire to continue improving the employee experience through personalization. The study supports evidence of higher utilization through personalized perk stipend programs over traditional, limited perk programs like HSA or FSA plans and vendor marketplaces or card-based models. Compared to last year, employers are paying more attention to lifestyle benefits as an inclusive business practice that also increases perk usage, raises employee engagement, and improves retention. There is a continued shift in how employees define health and wellness and other perk categories: In the first half of 2022, the “Health and Wellness” and “Food” perk categories represented over 40% of all claims and nearly one-third of perk dollars spent, but change is happening. “Health and Wellness” are no longer defined as simply gym memberships and receipts from health food stores; rather, there is a greater emphasis on mental health and wellbeing, for which employees expect support from employers. Employees' top spending categories reveal purchases to support home life: The “Family” category nearly doubled year over year and encompasses a wider variety of purchases like childcare, groceries, school costs (like tuition reimbursement), household supplies, and even rent. Inclusive benefits create a happier, healthier workplace: A review of the top 20 perk vendors in 2021 compared to 2022 revealed many employers are staying remote and supporting dispersed teams through a few key stipend categories like internet and phone reimbursement, as well as broadly defined health and wellness benefits. “Now more than ever HR teams are tasked with what feels impossible walking the line between competitive and frivolous benefits packages that satisfy both finance teams and the rest of the employee population, Our goal with this benchmarking study is to help HR professionals leverage data to design benefits that increase flexibility and engagement for the same dollar amount.” -Compt founder and CEO Amy Spurling Methodology: The data from the Compt 2022 Mid-Year Perks Study comes from a review of over 140,000 individual perk transactions that occurred between January 1st and July 31st, 2022. This data is pulled from real companies across a variety of industries, all of which have shifted to personalized perks. About Compt Compt is the number one employee stipends platform that gives people the freedom to choose the lifestyle perks that they really want. Founded by a former five-time CFO, two-time COO, Compt’s employee stipend and rewards software is fully customizable to a company's needs, IRS-compliant, and can support global teams. Compt is proud to be named the #1 HR Tech platform by SHRM’s Better Workplaces Challenge and a Built In Boston's 2022 Best Small Company to Work For. Compt is based in Boston, MA.

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HR PRACTICE, EMPLOYEE BENEFITS

SeekOut Transforms Employee-Driven Career Growth with Launch of SeekOut Grow

SeekOut | September 13, 2022

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EMPLOYEE BENEFITS,WORKERS COMPENSATION

Innovation Minds announces a holistic Rewards-as-a-Service model for managing Rewards, Recognition and Redemption Programs

Innovation Minds | November 23, 2022

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HR ANALYTICS,EMPLOYEE EXPERIENCE

Vault Consulting Announces Nonprofit Human Resources Consulting

Vault Consulting | November 22, 2022

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Spotlight

"Today’s customer demands service when and where they choose, and cloud based solutions are the quickest and most cost effective path to meeting this critical need. This means your agents need user-friendly desktop tools as well as access to the most relevant customer data so they can resolve issues quickly and deliver a positive customer experience."

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