Give Your HR A Face Lift

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The diversification of teams at workplace is increasingly bringing up a question, that most of the HR industry has not been answering –           ” why is there no cost-efficient high quality tool with zero set-up cost that works like a charm for small-mid-sized companies. The key is to not break their budget and still be profitable”  The answer is there is a huge void left in that space and there is literally no one out there that does that.

There is an evident need of an HR face-lift for years now. Flexible All-In-One Platforms are going to be the next big game changers. There is an urgency for HR solution providers to revamp their age-old practices. Larger Enterprise solution providers scare companies away with their over the top prices and complex, multi-layered, hard to get use-to set-ups, that require extra service charges. Everything seems to be a trap, so the customers are paying a lot for too little. The other softwares offer limited HR services and leave huge gaps, leaving no choice for small-mid sized companies. Expensive is better, is no longer true these days, since there are cloud based SaaS solutions to solve that.

WebHR ( http://webhr.co ) is one of those unique All-In-One HR platforms that has an ample of capacity to customize itself according to the needs of its customer base. Rapid innovation, has set WebHR apart from mediocrity of slower more traditional platforms, charging ridiculous price from the customers. WebHR incorporates innovative techniques to tackle this and has been handling way more pain points than any other HR  operating model. It has become an “HR Manager” for companies that have just started and don’t even have an HR department, to going as far as an “internal HR consultant”, that replaces a whole team of people required to define talent practices. It has become the planning expert, analyst and an internal auditor, solving all problems at once. WebHR is innovating at a rocket pace using AI and automating things that have never been automated in an HR software before.

Data science has become an integral part of the face-lifts and WebHR has been researching the future prospects continuously. The new workforce around the globe is treading the margins and has crossed into a territory, where laws and rule books have to be re-written accordingly. The change is evident in the cultural and gender diversification including the dynamic nature of their job titles.

WebHR is the true digital HR that the markets have been searching, as it knows how to evaluate the trends and shapes it accordingly, designing enhanced tools for a better, more engaged and closely knit DNA of a team structure at at work. Allowing them to communicate through HR in a fun Facebook kind of way and still perform their hard-core HR activities with ease. WebHR’s fluent and easy app, is now the most reliable HR platform existing. WebHR is a platform that a company seeks when their employees join, to their exit, to even after they leave. This is by far, the most detail oriented platform to ever surface.

The perfect feedback is that, it is easy to use, since WebHR managed the difficult and intricate part of making it user-friendly at the back end, so that what shows at the front is a superior,  flawless,and fluent UX. A frequently noted feedback is that they haven’t seen anything like it. WebHR’s amazing advancement in AI and NLP has been ground breaking and people in this industry need to watch out for WebHR, as it is paving its own way to the top.

WebHR has a way of transparent goal setting, performance management, evaluation and enhancement, anonymous employee data converted into analytical reporting , access and evaluate data that the top management of a company wants to see , employee wellness, document sharing, advanced tool for on-boarding and managing different types of employees, mobile time and attendance, e-tracking, e-signatures, benefits management and a lot more. It  has forced the CEO’s to be more connected to their teams and conduct evaluations and surveys to generate a vibe that says, there is a sense of harmony across the team.

WebHR has stepped into uplifting the user experience and incorporating futuristic practices. WebHR is all ripe to disrupt this industry and is going to do it faster.

 

 

Put your HR on AUTO-PILOT

Poster_AutoPilotImagine a world with a new religion, a cult or something like that and add millions of followers to it. Wouldn’t it be wonderful if the globe would orbit around “Elon Musk” in just about everything? Lets accept the fact that “Elonism” is taking over the world and we all simply love it. We want our cars to drive us, our robots to cook & clean for us, our bots to replace our dead girlfriends, I mean it couldn’t get any crazy than that, isn’t it?

Well then you guys are in for a surprise because that is just the tip of the iceberg, because a lot of systems are just ripe enough to start getting automated. Yes, you heard me right, a lot of them – Even your HR!

Remember when in 2014, a software update turned 60,000 sensor laden Tesla cars to auto-pilot? The most exciting moment ever? It was called Tesla version 7.0, We bring to you HR 2.0 – “WebHR , The auto-pilot of the HR world”. We are re-vamping the way HR works. AI is taking over all the processes and the boring is once again entering the “sexy”. The day to day HR tasks don’t have to be a burden or hassle, WebHR promises a gateway to new possibilities. It has ventured into automation and has put your HR on an auto-pilot. This break through technology would help the companies to swiftly cruise their entire on-boarding journey to the point where they want to extract intelligent, predictive data out of the system. The magic happens when a detailed and sophisticated auto-pilot makes HR so easy that companies might look into hiring people with less or no specific HR qualifications and still be able to run their operations smoothly.

The relationship of automating tasks to customer satisfaction has dramatically increased over the passage of time, as the system gets smoother and friendlier. Good data fed into the systems over the years has led to refined technological advancements.

WebHR has successfully achieved a feat that other HR organizations have been dreaming to do, reducing the staff by taking a lot of responsibilities on its shoulders. Now it will be possible for companies to put a few dedicated people to sort their HR processes compared to over staffed companies blowing their budget up. This increases the efficiency and performance, as people can focus on more important things needed to uplift their companies, automating the immense paper work required and creating intelligent analytical data to optimize their strategies.

The top management can rejoice as WebHR returns some peace of mind to them by providing complete business intelligence of their HR data, they get a different perspective about the most important asset in their company, their “human resource”

 

A Surprising Trend In SaaS

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Most SaaS companies have faced what’s called  “bubble” that has almost burst in the recent times. The lack of true growth and money flowing in through generous investors, who believed and romanticized with the idea of growth at any cost, has abruptly come to a cruel end. The lack of true profit being the culprit, has left many SaaS companies either going down the dreaded curve or some larger companies pushed into doing down rounds with investors ;as the perceived valuation goes down. What’s more surprising is , where did things go wrong?  Since, SaaS companies are known to stringently rely on hardcore metrics that are excellent indicators of a company’s progress. It sure is good for the general audience and some investors to judge a company’s progress based on its ARR and revenue per share and perfect for companies gone into public trading but the hard fact is SaaS is a lot different than just that.

The decisions based on the above stated facts can simply be disastrous. In olden days the ways were simpler for SAP and other giants, their revenues were solid representation of their earnings , like if a company would get their software for a year that would account to an addition to the company’s revenue as compared to software as a service model where the revenue and expenditure is completely mismatched.

Hence, the flow of cash is not what it seems for the SaaS companies. It is much tough, a lot of ease for the customer though as they pay once a month or a year at a time. For the older companies any upgrades to the software added a percentage to the existing cost of the license.

This trend leads to a whole lot of negative cash flow amounting to a longer time to reach a plateau where the customer actually starts paying for the software expenses. The more customers added to a SaaS model only lead to more diversion of the curve until a point comes when it starts gaining a bit of the momentum on positive aspect.

A newer SaaS startup has a lot more to catch up than just align with the cash flow. Investors mostly have little or no knowledge about the SaaS models with the exception of a few. A few brave enough to delve deeply enough to get success at it, specially Jason, Skok and Mark Suster. They bring a welcome change to he scenario and a have a deeper understanding of the SaaS companies than anyone out there. Their word of mouth and endeavors to make things easier for newer companies is commendable.

SaaS companies are evolving at a much faster rate than any traditional company and hence, it is better to bet your money at an advanced system that has more room for improvement and spends lesser cost on research, for SaaS the scalability is more profitable as the “one version” software is easy to upgrade and fix. The support and I always say, customer support is an epitome of success. Why do the recent wave of entrepreneurs and investors get excited by SaaS, its only because the customers have an odd but a very reasonable desire to stick to SaaS models and once a company signs up with them, they are theirs to play with. The top tier involvement in the company’s decision to adopt a certain system has brought in more space and adjust-ability to more educated and evolved SaaS products to come into focus. Thus, most companies hardly ever rely on IT alone to make such decisions.

SaaS companies are usually way more transparent in their billings and operations as they strictly  follow all metrics involved, be it CAC, LTV, Churn or deffered revenue.

The news some times might get scary for SaaS companies but some of them are scaling, taking huge market chunks and just know their maths. These small SaaS companies have a desire and will probably take over the corporate world.

 

 

Benefits of an Online HR Software

I’m faced with this question almost every day, what are the benefits of using Web Human Resource | Online HR Software compared to other desktop applications out there, and my answer always comes from one or more of the following points:

  • Online Web-Based System (easily accessible from everywhere)
  • No downloading / installation needed – ready to use on any computer with Internet
  • Centralized Online Database – Interactive On-the-Fly Reporting
  • Easy to Use – User-Friendly Interface
  • Very Cost Effective, No initial investment required
  • Auto-reminders through e-mail
  • Integrated modules (Recruitment, Employees, Payroll, Trainings etc)
  • Easy to Generate Employees Payroll
  • System log to keep track of every user action from his/her IP address
  • Quick short-listing of job recruitment candidates
  • Online job portal – Integrated with organization’s existing website
  • Comprehensive Reporting with Graphs
  • Faster roll-out of sophisticated software updates