Tag Archives: WRK

PR Newswire

HR automation platform Omni HR raises USD 2.4mn pre-seed funding from Alpha JWC Ventures & Picus Capital to digitize employee management in SE Asia

Leave a comment

SINGAPORE, July 25, 2022 /PRNewswire/ — HR automation platform, Omni HR today announced it has recently closed USD 2.4 million in an oversubscribed pre-seed funding round co-led by Alpha JWC Ventures and Picus Capital, with participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures. This round was also supported by a number of prominent angel investors including former executives at Namely and Ultimate Software.

Omni HR Team
Omni HR Team

Founded in 2021 by former Goldman Sachs executive Brian Ip and experienced data engineer YC Chan, Omni HR provides a seamless employee management system that helps companies digitize and automate the end-to-end employee lifecycle in a single platform.

According to Omni HR Co-Founder Brian Ip, “Most companies in Southeast Asia are currently using local HR software that supports only basic admin functions, leaving many HR processes to be done manually. Meanwhile, HR software is one of the software categories that require the most localization, due to the differing employment rules in different countries. This effectively creates a unique opportunity for local players to build a modern, scalable employee management platform based out of Southeast Asia.”

Omni HR is witnessing that the market is going through a shift from traditional HR or payroll software to more advanced, modern solutions addressing the end-to-end employee journey. Omni HR’s goal is to become the employee management platform that enables organizations to digitize employee records, automate administrative tasks, and interact employee data seamlessly across different systems. Omni HR believes that with the ongoing digital transformation and software adoption trends in Southeast Asia, its employee management platform would ultimately become an important piece of software infrastructure for the region.

Since its soft launch in March 2022, Omni HR has been adopted by a number of companies to automate manual HR processes such as employee onboarding, time off management, and document management. The company is now coming out of its stealth mode and is ready to expand across the region, starting with Singapore and Indonesia.

“Our initial traction has been promising and we’re off to a great start,” says Omni HR Co-Founder YC Chan. “We are better than incumbents not only because of our superior tech solutions, but also because of our understanding of the local context which enables us to design a product fitting our customer needs.”

The investors in this round are bringing in a unique combination of operational know-hows and strategic support. Alpha JWC is the investor in various leading Southeast Asian startups including Ajaib, Carro and Spenmo, while Picus Capital has extensive experience investing in HR tech companies such as Personio, Bennie and Workmotion.

With the new funding, the company will further enhance its all-in-one product offering, including the launch of a recruitment module by Q3 and a performance management module by Q4, respectively.

“Omni is building an end-to-end HR suite that covers the entire employee life cycle and automates the repetitive workflow to help the management handle their people operations. With solutions that cater to problems faced by most, if not all, kinds of companies, we believe Omni HR has the unique potential to grow fast and become the region’s HR SaaS of choice,” says Jefrey Joe, Co-Founder and General Partner at Alpha JWC Ventures.

“While the HR function is the most crucial one in every business, we believe that the Southeast Asian market is still a white space with no comprehensive and localized tool to manage a workforce efficiently and offer a strong employee experience. Omni HR has built a clearly superior solution by going beyond basic administrative functionality into automating repetitive workflows like onboarding in the HR departments. This need has been especially accelerated by an increasing number of software being used in a company and an increasingly remote workforce which is harder to manage with traditional IT infrastructure,” says Florian Reichert, Partner & Managing Director at Picus Capital.

Omni HR is a software-as-a-service company that provides a seamless employee management system to help companies digitize and automate the end-to-end HR processes in a single platform. Its platform currently offers features to automate manual HR processes from employee onboarding, time off management, to document management. Founded in 2021, Omni HR is taking a regional approach for its business, starting with Singapore and Indonesia. For more information, please visit www.omnihr.co

Alpha JWC Ventures is an early to growth-stage Southeast Asian venture capital firm. Its debut fund was launched in 2016 as Indonesia’s first independent and institutional early-stage venture capital fund. Over the years, Alpha JWC has established a strong reputation and clear positioning in the market as the leading venture capital firm with one of the region’s largest on-the-ground teams and a global network. The firm currently manages around US$ 650 million AUM – the largest early-stage fund in Southeast Asia – and 60+ active portfolio companies across Southeast Asia. For more information, please visit www.alphajwc.com

Picus Capital is an international, privately financed venture capital company with headquarters in Munich and offices in New York, Beijing, Berlin, London, Bangalore, Stockholm and São Paulo. Picus predominantly invests in Pre-Seed, Seed and Series A rounds and focuses on technology companies in real estate, financial services, HR, energy & climate, logistics & mobility, e-commerce, healthcare, crypto & web3 and deeptech. As an entrepreneurial sparring partner, Picus Capital pursues a long-term investment philosophy and supports founders from the ideation phase to the IPO and beyond. For more information, please visit www.picuscap.com

For media queries, please contact:
Lynette Teo | Senior Digital Marketing Manager at Omni HR
lynette.teo@omnihr.co

PR Newswire

iOffice + SpaceIQ Expands Leadership Team to Support Growth

Leave a comment

Seasoned Executives Build on the Company’s Acceleration to Address the $19B Workplace and Asset Technology Market

ATLANTA, GA, July 13, 2022 /PRNewswire/ — iOffice + SpaceIQ, the global workplace technology company, today announced continued investment in executive leadership with the appointment of Tara Baker as Chief Financial Officer, Meg Swanson as Chief Marketing Officer, Dan DeRosa as Chief Product Officer, Carol Howard as Chief People Officer, and Carla Nichols as Chief Customer Officer. This expansion of the leadership team follows the appointment of CEO Brandon Holden.

These additions will drive the company’s next chapter of high global growth with the industry’s most comprehensive workplace experience and asset management portfolio. Workspaces are undergoing tremendous change to accommodate flexible workforces which has increased the criticality of coordinated space, asset, and maintenance management. In response, industry advisory firms predict workplace and asset software spending to rise to $19B by 2025.

“We hear the need from customers for data, guidance and intuitive solutions as they work toward creating exceptional employee experiences in context of evolving hybrid workplaces. I am thrilled to have our expanded leadership team to work alongside our customers and lead the industry in breaking new ground in workplace technology,” said Brandon Holden, Chief Executive Officer of iOffice + SpaceIQ.

The expanded leadership team brings a deep customer experience focus that will accelerate solutions to help organizations evolve their real estate and critical asset strategies.

In her role as Chief Financial Officer, Tara Baker will steward the company’s long-term financial performance and value creation, focusing on digital transformation. Baker brings more than 25 years of transformational operations and financial management experience to the company. She has led high growth in senior financial leadership and consulting positions at global leaders Forcepoint, Vaco, and KPMG.

Meg Swanson joins as Chief Marketing Officer running brand leadership, market activation, customer marketing, and digital strategy. Swanson has more than 20 years of technology marketing experience with an emphasis on software-as-a-service (SaaS) solutions. She has led high-performance teams at IBM, AffiniPay, and Accruent in addition to cloud, fintech, security, and built environment organizations.

Dan DeRosa joins as Chief Product Officer with more than 30 years of product management, corporate development, and technology alliances experience with companies such as BeyondTrust, Sage Software, ADP, Dell SecureWorks, and AT&T. DeRosa has a strong track record of building high-growth organizations that deliver consistent value and will focus on enhancing product offerings to provide the company’s more than 2M users with a sustainable competitive advantage.

Carol Howard joins as Chief People Officer as part of the company’s people-first mindset. Howard has fostered strong company cultures, diversity and inclusivity, and teams that drive innovation throughout her more than 25 years of experience. She brings an extensive hiring and retention track record within fast-growing technology companies including leading human and people resources at Abrigo, Khorus, and Lombardi Software.

Carla Nichols joins as Chief Customer Officer. Having led customer-facing teams for three decades, including 15 years scaling SaaS start-ups, Nichols will use her expertise to expand the organization’s professional services, customer support, and success teams. As a customer experience leader, she has led high-growth technology companies to deliver strong customer satisfaction and retention in leadership roles at Keap, PatientPop, Smarsh, and Accenture.

This leadership team joins previously announced Chief Technical Officer Gary Reinersman and Chief Revenue Officer Jeff Longoria.

iOffice + SpaceIQ merged in August 2021 following acquisition by global private equity leader Thoma Bravo. The combined organization provides comprehensive workplace experience, strategic planning, and operations capabilities that enable businesses to achieve operational excellence while supporting employee well-being and engagement. To learn more and view leadership profiles, visit iofficecorp.com/leadership.

About iOffice + SpaceIQ:

iOffice + SpaceIQ empowers how tomorrow will work, helping employees and companies adapt and thrive to produce better outcomes for the world. Our smart workplace technology enables over 10,000 organizations in 85 countries to improve business performance through intuitive, people-first space planning and operations. More than 2M end users rely on iOffice + SpaceIQ platforms to optimize more than 2B square feet of space valued at more than $64B, maintain mission-critical assets, and enhance how people interact with the workplace. Explore the capabilities at www.iofficecorp.com and www.spaceiq.com.

Media Contacts
Erin Sevitz
erin.sevitz@spaceiq.com

Magenta Associates
Simon Iatrou
905-242-7682
simon@magentaassociates.co

PR Newswire

Bechtel launches second round of STEM Returners program

Leave a comment

Career-break engineers helping to shape team performance

BRISBANE, Australia, June 17, 2022 /PRNewswire/ — Bechtel announced today launch of second intake of STEM returners at their Australia offices in Brisbane and Perth following the success of the pilot program in 2021.

The new intake will open in July for senior engineers from the areas of mechanical, electrical, civil, environmental engineering returning to the mining sector after a career break.

The program, facilitated by STEM Returners Australia, allows employers to attract candidates from a new talent pool and gives candidates a supported route back to their career.

“There is an untapped group of highly skilled and motivated engineers that struggle to re-enter the workforce after taking a break from their careers,” said Leigh Carter, general manager Australia for Bechtel’s Mining and Metals business. “Through the STEM Returners program, we can continue to grow the diversity in our team dynamic which improves our ability to better problem solve and innovate because of the experiences these STEM professionals bring to the team.”

“Only by partnering with industry leaders who share our desire to change outdated recruitment practices will we make the vital improvements needed to help those who are finding it challenging to return to the sector and improve diversity and inclusion,” said Marcail Roe, director of STEM Returners Australia. “Our program gives candidates a supported route back to their career while also providing employers with talented professionals.” 

The structured placement program includes hybrid working arrangements and provides additional support which includes coaching and mentoring, and access to a wider support network from Bechtel and STEM Returners Australia. Find out more on our blog.

About Bechtel

Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world’s infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place. 

Bechtel serves the Energy; Infrastructure; Manufacturing & Technology, Mining & Metals; and Nuclear, Security & Environmental markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com 

Media contact:
Mat Ovenden
T : +6-402 061 611
Email: movenden@bechtel.com 

Logo – https://techent.tv/wp-content/uploads/2022/06/bechtel-launches-second-round-of-stem-returners-program.jpg 

PR Newswire

Globalization Partners Announces Full Suite of Solutions Making It Even Easier to Hire and Manage Remote Talent Globally

Leave a comment

Find, onboard, pay and manage employees and contractors anywhere all in one platform

BOSTON, June 13, 2022 /PRNewswire/ — Globalization Partners (G-P), the leading Global Employment Platform™ that makes it fast, simple, and compliant for companies to hire anyone, anywhere – today announced global availability of G-P Recruit, G-P Contractor, and G-P API. Now it is even easier for companies to find and hire talent efficiently and ethically anywhere as quickly and easily as they would hire talent locally.

“Globalization Partners’ infrastructure comprises a SOC-2 certified full technology stack and in-house HR, tax, and legal resources to support consistent service quality, minimized reliance on third-party ICPs, and data security,” said Jeanine Crane-Thompson, Principal Research Analyst at NelsonHall, HR Technology & Services practice. “The company’s continued commitment to technology-focused R&D, including AI integration and multicurrency payment options, including cryptocurrency, will attract current clients and prospective buyers.”

Built in-house by a team of world-class engineers and industry experts, together the products solve today’s most pressing issues: finding and managing remote talent. As the industry leading Employer of Record provider, G-P helps companies mitigate risk and manage compliance, taxes, benefits, and payroll globally without establishing in-country entities or subsidiaries. This powerful combination within the platform provides everything companies need in one place with features that include:

G-P Recruit

Today, growing companies are facing increasing pressure in a highly constrained labor market to find talent, however, finding the right recruiting partners is complex and time consuming. Using G-P Recruit means one contract, a simple fee structure, and a partner that is working in the best interests of the Customer, rather than needing to find, negotiate and manage multiple unknown recruitment partners. We understand international hiring and employment and G-P Recruit provides a technology enabled one-stop shop that removes complexity. Learn more about G-P Recruit here.

G-P API

HR departments spend close to 60% of their time and resources on transactional and operational tasks and activities. Even with tools and software designed to save time and improve productivity, juggling multiple dispersed platforms is time consuming without the right infrastructure to unify them. G-P’s open API makes it easier for organizations hiring and managing global talent by simplifying and automating tasks across multiple platforms including third party HCM solutions. This makes it possible to maintain a single source of truth for all global talent, thus reducing errors and supporting data governance processes. Read more about the G-P API and sign up to get started here.

G-P Contractor

Every company’s global growth strategy is different, however the key to international success is being able to access global remote talent regardless of the employment type. G-P Contractor enables companies to hire contractors in 187 countries, quickly and easily and pay them in 150 currencies. As a part of our Global Employment Platform™, this offering provides support throughout the entire lifecycle of contractors hired for both short- and long-term projects. Read more about G-P Contractor here. 

“Companies need to act quickly in order to find, hire, and onboard the best talent wherever those individuals are based in the world,” said Nat Natarajan, Chief Product and Strategy Officer, Globalization Partners. “By continually investing in our Global Employment Platform™ and adding capabilities which automate global remote hiring processes, we are enabling companies to solve today’s talent challenges in the global remote employment landscape and achieve their business objectives.”

G-P’s Global Employment Platform™ enables companies of any size to expand internationally in days and provides talent with access to a world of opportunities. Families and even communities can stay intact. Smaller companies can better compete at scale with larger incumbents. And companies can gain access to the best talent no matter where they are in the world while also realizing the benefit of globally distributed teams.

About Globalization Partners

Hire international talent quickly and easily. Use our AI-driven, automated, Global Employment Platform™ supported by our in-house, worldwide HR experts. Trust the named industry leader that consistently attains 98 percent customer satisfaction ratings. Globalization Partners: Succeed Faster.
To learn more, please visit: G-P.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.

Contact:
Karen Pantinas 
Kpantinas@globalization-partners.com 
617-729-4466

PR Newswire

Payboy Launches Paybeyond to Help Streamline International Businesses’ Payroll and HR System

Leave a comment

The upgraded HR and payroll system to improve business’s efficiency by providing secure, direct employer-employee access with the integration of leading financial software ecosystem partners.

SINGAPORE, June 13, 2022 /PRNewswire/ — Singapore-based payroll and human resources (HR) management software company Payboy launches Paybeyond, an integrated payroll and remittance system to seamlessly pay out local and overseas-based employees.

To view the Multimedia News Release, please click: https://www.prnasia.com/mnr/Payboy_202206.shtml

Convert the balance at a lower exchange rate than traditional banking remittance
Convert the balance at a lower exchange rate than traditional banking remittance

Make local and global salary payments with one simple process.
Make local and global salary payments with one simple process.

The easiest way to pay anyone, anywhere
The easiest way to pay anyone, anywhere

Reduce data risk associated with unsecured bank documents & file transmission
Reduce data risk associated with unsecured bank documents & file transmission

“At Payboy, we are always looking for ways to improve and simplify our system so that entrepreneurs and businesses can eliminate any operational hassles they may experience.
And now, by rolling out Paybeyond, we aim to help more Singaporean SMEs streamline their payroll and HR processes so they can focus on growing their business. At the same time, they can maintain their most valuable asset, the people,” said Nigel Lim, Chief Executive Officer of Payboy.

With a short and single workflow, Paybeyond provides direct and immediate cross border payouts with a secure transaction technology powered by Rapyd, a watchlist for remittance in various currencies to a dedicated wallet allowing storage of SGD and USD as well as supporting several payment modes, including GIRO, FAST, and SWIFT.

These simplified remittance processes can be applied to any employment arrangement, whether working with freelancers, full-timers, and contract employees, while enabling regulatory compliant cross border payments that are transparent and precise.

Payboy can also be effortlessly integrated with other well-known applications in the ecosystem; for instance, Xero, Quickbooks, and Financio to assist with accounting processes which makes it easier for businesses to hire, pay, manage and support their employees all in a dashboard and app.

In addition, Payboy streamlines HR operations to ensure businesses obtain full visibility on the automated payroll calculation, shift scheduling, attendance, leaves, and submitted claims, within an intuitive experience.

Continuous Automation of HR Processes

Payboy is proud to announce that we have recently partnered with the Ministry of Manpower’s (Singapore) Manpower Research & Statistics Department. We are able to fully automate our customers’ monthly employee data submission. With this feature, employers no longer have to manually generate reports to send to MOM as Payboy’s system offers an automated submission of the Occupational Employment Dataset (OED) and Labour Market Survey (LMS). Employers would have the option to choose between manual or automatic schedules, freeing up their time to focus on their business and employees.

The Ministry of Manpower conducts official national surveys on the labour market involving numerous households and businesses in Singapore. The statistics and insights help shape national manpower policies and programmes that affect many of us.

To celebrate the launch of Paybeyond, Payboy is offering a six-month free payroll subscription for Paybeyond users, in addition to its various support processes, such as Online Support Center and Payboy Helpline.

For more information, visit https://payboy.sg/paybeyond/

About Payboy

Payboy is a Payroll and HR Management Software that automates essential HR processes through a unified ecosystem so that businesses can focus on the HR work that truly matters – bringing out the best in their people. Coming from a SMEs background, Payboy understands the intricacies and problems fellow businesses face. Payboy, therefore, coined the catchphrase “Build for People, Build with People” to reiterate the company’s ethos of creating and improving technology that is simple, nice, and easy to use.

Media Contact
Email: hello@payboy.biz

https://mma.prnasia.com/media2/1794244/Banner_Animation.mp4
PR Newswire

TALENT, TECH, AND TRADE REVEALED AS THE KEY DRIVERS FOR MERGERS AND ACQUISITIONS, NEW RESEARCH FROM EVERSHEDS SUTHERLAND SHOWS

Leave a comment

LONDON, June 11, 2022 /PRNewswire/ — According to a new M&A report launched today by global law firm Eversheds Sutherland – Putting the pieces into place: The next drivers of strategic M&A – 70%  of global business leaders view the “triarchy” of talent, technology, and trade as core to their future M&A business strategy.

  • Talent: 72% of business leaders see talent retention and acquisition as important in their organizations’ business strategy over the next year. Three in five (62%) also believe the “Great Resignation” is acting as a catalyst for M&A as the battle for talent continues.
  • Technology continues to drive organizations’ business strategies, with almost 80% of business leaders seeking to improve their cyber security and three-quarters seeking digital transformation. M&A is seen as a rapid way to absorb new technology and expertise, with 74% saying M&A was important in bridging technology gaps.
  • Trade: Impacted by supply chain disruption and trade sanctions, 68% of business leaders say that increasing supply chain resilience will be a strategic M&A priority over the next year. 72% of business leaders also see increasing supply chain resilience as important to their organization’s business strategy over the next year.

The global Eversheds Sutherland study is based on opinion research conducted in early 2022 amongst 1,200 business leaders and across 16 markets around the world. Respondants from a wide range of sectors provided both a detailed and expansive global view.  

Eric Knai, Partner and Head of International M&A at Eversheds Sutherland, says: “We are delighted to launch our report Putting the pieces into place: The next drivers of strategic M&A to the market. After a turbulent few years in the wider business landscape , the rapidly changing economy has prompted leaders to reflect on how to best position their organizations for the future. Our research revealed that the majority of business leaders see talent, technology and trade as the main factors impacting the M&A landscape.” 

Robert Copps, Partner and head of US M&A at Eversheds Sutherland, says: “A number of factors are impacting the M&A landscape, inflation and rising energy prices, rising interest rates, stock market turbulence and the ongoing effects of the global pandemic.   Notwithstanding these challenges, the study shows that organizations continue to face the same urgent strategic gaps that need to be bridged in order to grow and that they will continue to seek to bridge those gaps through M&A.”

ENDS

About Eversheds Sutherland

As a global top 10 law practice, Eversheds Sutherland provides legal services to a global client base ranging from small and mid-sized businesses to the largest multinationals, acting for 61 of the FTSE 100, 70 of the Fortune 100 and 128 of the Fortune 200.

With more than 3,000 lawyers, Eversheds Sutherland operates in more than 70 offices in over 30 jurisdictions across Africa, Asia, Europe, the Middle East and the United States. In addition, a network of more than 200 related law firms, including formalized alliances in Latin America, Asia Pacific and Africa, provide support around the globe.

www.eversheds-sutherland.com

PR Newswire

Mobile-first Communications Solutions to Empower Diverse Hybrid Workforces

Leave a comment

Unified Communications as a Service (UCaaS) will help organizations in hybrid models retain workforces and attract new talent, says Frost & Sullivan

SAN ANTONIO, June 9, 2022 /PRNewswire/ — Organizations have shifted to hybrid work models and adopted new mobile communications strategies due to the COVID-19 pandemic. Frost & Sullivan’s recent analysis, Evaluating Mobile Communications Solutions for the Hybrid Workforce, finds that companies’ increasing adoption of mobile-first communications allows them to address work from anywhere at any time. This helps them achieve crucial goals, such as empowering diverse workforces and retaining employees. Additionally, technology advancements, including 5G connectivity and improving device capabilities, enable better user mobile experiences and increase decision-makers’ comfort in adopting mobile solutions.

Hybrid work- Mobile communications solutions
Hybrid work- Mobile communications solutions

For further information on this analysis, please click here.

“Organizations are expected to adopt mobile-forward strategies whereby future communications investments will be aligned with permanently shifted work styles and a strong appreciation for the benefits of mobility,” said Elka Popova, Connected Work Vice President at Frost & Sullivan. “Among other approaches to workforce mobile enablement, all-inclusive UCaaS seat licenses that provide mobile access to calling and UC features will drive further fixed-mobile convergence (FMC) adoption.”

Popova added: “Emerging and evolving native, IP multimedia subsystem (IMS) core-based mobile calling solutions will find strong appeal among users. In many cases, native mobile calling may be deployed alongside collaboration apps that already provide flexible access to meetings, messaging, and calling on a variety of connected devices.”

To capitalize on growth opportunities in the expanding mobile communications solutions market, providers can leverage the following growth strategies:

  • Address users’ shifting requirements with tailored bundles that include services and devices that support new use cases. Mobile and desktop apps and mobile UCaaS solutions provide a strong fit for remote workers.
  • Integrate communications and collaboration solutions with Microsoft Teams. The Operator Connect Mobile program creates considerable growth opportunities for mobile operators among Teams users.
  • Leverage existing assets or acquire mobile virtual network operator (MVNO) resources to capitalize on the growing demand for mobile business communications services.

Evaluating Mobile Communications Solutions for the Hybrid Workforce is the latest addition to Frost & Sullivan’s ICT research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Evaluating Mobile Communications Solutions for the Hybrid Workforce

K799

Contact:
María Celeste Bailo
Corporate Communications
E: celeste.bailo@frost.com 
https://www.frost.com/

PR Newswire

Talogy presents new research and innovations as talent assessment volume expected to climb to pre-pandemic levels

Leave a comment

GLENDALE, Calif., May 25, 2022 /PRNewswire/ — Talent assessments are on the rise. Based on insight from CHROs across the globe, hiring and talent assessments are expected to return to pre-pandemic levels within the next 12 months.

Other key trends facing the future of assessment were presented by Talogy experts at the Society for Industrial and Organizational Psychology (SIOP) 2022 Annual Conference in April.  

With the shift to remote and hybrid workforces, leaders will face new challenges. Highlighted future trends in talent assessment include:

  • Innovations in feedback systems should include new technology advancements, leverage natural language processing, and explore virtual environments. It continues to be critical that feedback systems are robust to cultural differences when implementing globally.
  • DEI and assessment fairness are different topics. Implementing a predictive, reliable, and fair assessment may not help organizations reach DEI goals if they are not recruiting diversity and measuring competencies related to fit in an inclusive culture.
  • New guidelines for technology-based assessments will benefit a wide range of stakeholders in the assessment industry by helping to ensure that technology-based assessments are predictive, reliable, and fair. Also, new guidelines should address bias, accessibility, and test security.
  • Multi-dimensional personality scales can be significantly shortened while maintaining reliability and validity, based on research using a combination of machine learning and content validity evidence.
  • Turnover and retention prediction continue to headline organizations’ priorities. Utilizing machine learning, Talogy’s scientists have made advancements to produce powerful turnover indices.

A full summary of takeaways can be found here.

The annual conference convenes professionals in industrial and organizational psychology to advance their growth in the science of psychology with high-quality, peer-reviewed content, a diversity of perspectives and topics, and a blend of science and practice. Talogy has been a member of SIOP and Division 14 of APA for over 70 years.

“With today’s drastically changing labor market and workplace trends, we’re happy to have had the opportunity to bring together Talogy’s experts in assessment from around the globe at the SIOP Annual Conference and focus on providing current best practices rooted in science,” said Ted Kinney, Vice President of Research and Development at Talogy.

“We’re excited to pair this vast global scientific knowledge and research with our new assessment technology, which is set to launch in June 2022,” said Peter Celeste, Global President at Talogy. “Our new assessment technology ecosystem will allow us to deliver the same strong science-backed assessment content with brand new capabilities, engaging solutions, and enhanced platforms designed to solve today’s talent management challenges.”

Talogy will announce the full details of its new TalogyTech® platform and an improved digital experience, in June 2022.

About Talogy

We are Talogy. The talent management experts. We craft solutions that screen, select, develop, and engage talent worldwide. By uniting the leading psychologists, data scientists, developers, and HR consultants we bring the power of psychology and technology together so you can make the best data-driven people decisions. With more than 30 million assessments delivered each year in more than 50 languages, we help clients discover organizational brilliance. Talogy.com

PR Newswire

Top Global Sales Training Company Richardson Sales Performance Announces Acquisition of DoubleDigit Sales, leading Canadian Sales Training Provider

Leave a comment

PHILADELPHIA, May 13, 2022 /PRNewswire/ — Richardson Sales Performance, a leading global sales training organization, is pleased to announce they have acquired DoubleDigit Sales (DDS). DDS, formerly known as Fusion Learning, is a leading provider of sales training solutions in Canada. DDS, like Richardson Sales Performance, is a long-standing Top 20 Sales Training Company*. 

Founded in 2000, DDS is a provider of custom learning solutions for sales leaders and salespeople to evolve to stay close to their clients’ needs. They are dedicated to helping clients drive improved sales results by building sales skills and changing behaviors.

For over 20 years, both companies have worked with customers to drive sales results through the development of people, process, and technology. As one company, Richardson Sales Performance will work with leading sales organizations to drive growth through their sales management operations, their field sales capabilities, and the data and tools that help them change behavior in the flow of work.

According to John Elsey, President & CEO of Richardson Sales Performance, “The addition of the DDS organization and solution set will allow us to continue to provide an unrivaled suite of capabilities and global coverage to empower enterprise sales organizations. We are excited to expand our team to drive long-term, measurable sales results for our customers around the world.”  

*As recognized by Selling Power Magazine

About Richardson Sales Performance

Richardson Sales Performance is the global leader in sales training and performance improvement. For over 40 years, we have worked with the most inspiring sales organizations across industries and geographies. We drive accelerated growth by enabling agility in your sales team so they can get ahead of buyers’ changing needs and act quickly to win. From ensuring your sales managers are executing the right activities to equipping your sales team with the skills and agile approach that focuses on customer collaboration, we will guide your sales organization through a digitally enabled performance journey that excites, engages and reveals results.

Contact: Meghan Steiner
(215) 840-8432
Meghan.steiner@richardson.com

PR Newswire

Developing quality workforces in the world – Kingdee launches Constellation HR Cloud

Leave a comment

SHENZHEN, China, May 11, 2022 /PRNewswire/ — From May 7-11, 2022, Kingdee Cloud Cosmic Summit, a highly concerned event in the industry, was held in Shenzhen. This Summit aims to explore how enterprises can digitally drive HR management change and develop quality workforces in the world by creating a flexible and agile organization.  Meanwhile, Kingdee also officially launched its blockbuster HR SaaS product, Kingdee Cloud-Constellation HR Cloud, to the public. The Constellation HR Cloud is built on Kingdee Cloud Cosmic’s assembleable enterprise-level PaaS platform with Huawei as a prototype customer. In the process of product building, Kingdee has acquired the rich scenarios and leading practices in Huawei’s cooperation and co-construction projects, and combined with its own HR digitalization experience of over 20 years to create a new generation of HR Cloud products for large enterprises.

Hello, new world of HRM!

On the day of the Summit, Xu Shao Chun, Chairman of the Board and CEO of Kingdee Group, pointed out in his speech titled “Nine Trends of HRM” that the development of HRM in the digital era will present nine trends, including the change in HRM supporting strategy model; the transformation of organization form to platform-based organization; the transformation of individuals from “task simps” to “value co-creators”; the transformation of digital enablement from experience-driven to data-driven; and the transformation of HRM to “mental resources” management, and etc.

Xu Shao Chun said that in the digital era, HRM requires new thinking, including the strategic thinking of “thinking with a CEO’s mind”; the altruistic thinking of “developing quality workforces in the world “; the knowledge-based thinking of “discovering, cultivating and developing core talents; the data-governance thinking of “from experience-driven to data-driven”; and the cultural thinking of “heart-centered”. Xu Shao Chun also pointed out that the new mission of HRM in the future is to “develop quality workforces in the world”.

Chen Chunhua, Dean of BiMBA Business School of National School of Development at Peking University, presented the latest results of cooperative research with Kingdee in the keynote speech and expressed that, through the investigation and survey of 61 CHOs from domestic and international leading enterprises, it was found that in the future, the HRM will take actions in five respects, including: efficiently aligning with the corporate strategy, deeply personalising the experience of employees, proactively collaborating with business operations, treating skills as core assets, and creating a digital technology architecture for HR.

Chen Chunhua also stated that the future enterprises would enter the scenario-based stage, and how to understand customer value and use digital technology to reshape new business scenarios would become the core of enterprise strategy, therefore, HR would also focus on value scenario creation, by building new business scenarios, deeply combining digital technology with HR business, and co-creating value with management team and product team.

Constellation HR Cloud Launch – Kingdee joined hands with Huawei to enter HR SaaS Market

When it comes to Kingdee, “smashing” has become the most distinctive label, from Xu Shao Chun smashing laptops in 2014 to advocate mobile office, to smashing the “necked hand” in 2021 to redefine the enterprise-level PaaS platform. Behind each “smashing” is a metamorphosis of Kingdee, and more importantly, the leading of the industry and technology. At this Summit, with Xu Shao Chun and his partners swinging the hammer again, breaking the “cage” that binds the traditional management thinking of HR and opening a new world of HRM, Kingdee also joined hands with Huawei to officially launch the blockbuster HR SaaS product for the large and ultra-large enterprises, Kingdee Cloud-Constellation HR Cloud!

Huawei and Kingdee started to cooperate in the field of human resources digitalization in 2020, and have explored and practiced digitalization in various fields such as organization and talent management, and basic employee services. Both parties are committed to building a world-class HRM platform with “Huawei’s scenarios and practices + Kingdee’s platforms and products”. At present, the HRIT cooperation project built by Kingdee Cloud Constellation for Huawei has completed some modules and achieved business online. The two parties will continue to deepen cooperation to fully facilitate the digital operation of HR in Huawei.

It is known that the project is based on the Kingdee Cloud Cosmic PaaS platform, which has powerful scalability and assembly characteristics, helping enterprises to create flexible and agile organizations that are truly business-oriented. Zhu Tao, assistant president, deputy general manager of R&D platform and general manager of HR cloud product department of Kingdee China, said in the product introduction that this release of Constellation HR Cloud will bring about eight major innovations, including globalization, intelligence, assemblability, “heart-to-heart” experience, flexible organization, flexible employment, comprehensive incentives, and talent activation.

Specifically, in terms of globalization, Constellation HR Cloud will help large enterprises realize global employment and global payroll framework, and provide characteristics such as global deployment capabilities and global personal privacy compliance; In terms of intelligence, Constellation HR Cloud will provide customers with a variety of intelligent application scenarios based on the powerful AI capabilities of Kingdee Cloud Cosmic, such as intelligent person-post matching, intelligent labor risk management and control, and intelligent salary adjustment, and etc., to help large enterprises improve the efficiency of HRM, and change “human governance” to “digital governance”. In terms of assemblability, based on Kingdee Cloud Cosmic, an enterprise-level PaaS platform that can be assembled, Constellation HR Cloud can provide a variety of applications of PBC, so that business scenarios and business processes of enterprises can be easily assembled to help large enterprises respond to changes in an agile manner. Upon the release of Constellation HR Cloud, it will form a dual-mode IT human resource cloud product line together with s-HR cloud, so that more companies shall adopt this solution that integrate advanced concepts and EBC system to benchmark against world-class standards.

What behind Kingdee’s release of Constellation HR Cloud on the basis of Huawei’s global HRM practice is the broad growth space hidden in the domestic HR SaaS field. According to research data from the international consulting firm Gartner, the global HCM software market is expected to reach US$30.687 billion in 2025, with broad prospects. According to Kingdee’s strategy of “Platform + Finance & HR & Tax + Ecosystem”, HRM cloud service has become another strategic deployment of Kingdee outside the field of finance and tax management and PaaS platform. From this point of view, in the future, domestic HR SaaS will undoubtedly become a golden track.

Kingdee Cloud Cosmic 5.0 — The Super Base behind the Powerful Product Power of Constellation HR Cloud

Without a solid foundation, even a beautiful building is just a pavilion in the air; similarly, without a powerful PaaS platform, even a good SaaS product is hard to be put into production. The ability of Constellation HR Cloud to meet the complex and high-standard demands of large-scale enterprises’ HR digital transformation is inseparable from the support of Kingdee Cloud Cosmic, a powerful assembleable enterprise-level PaaS platform.

Zhao Yanxi, executive vice president and general manager of R&D platform of Kingdee China, said in the keynote speech that every large enterprise in the future will need an assembleable PaaS platform, and Kingdee Cloud Cosmic is exactly the assembleable enterprise-level PaaS platform. It is not only a unified platform for all of Kingdee’s SaaS products, but also a platform for a series of capabilities, including technical capabilities with cloud-native and distributed as the core technologies; application capabilities with dynamic domain models as the core technologies; data capabilities with data weaving and AI as the core technologies; and open capabilities based on API and ISV application markets. All these capabilities endow Constellation HR Cloud with powerful product performance.

It is worth noting that Constellation HR Cloud fully considers the data migration problem in the process of digital transformation of human resources of large enterprises, and builds a historical data migration platform between multiple systems through a low-code integration platform, supporting large-scale data migration of 600,000+ personnel and 80 million + data in total, and realizing an automated migration rate of 100% and an accuracy rate of 100% of migrated data.

According to Kingdee’s strategy of “Platform + Finance & HR & Tax + Ecosystem”, HRM cloud service has become another strategic deployment of Kingdee outside the field of finance and tax management and PaaS platform. Taking this Cosmic summit as an opportunity, Kingdee launched Constellation HR Cloud based on the best practices of Huawei HR, which focuses on the layout of the HR market, to support the creation of a new world of human resource management with an assembleable enterprise-level PaaS platform to help Chinese enterprises go global and develop quality workforces in the world!

About Kingdee International Software Group Company Limited

Kingdee International Software Group Company Limited (“Kingdee International” or “Kingdee”) was established in 1993. It is listed on the Main Board of the Hong Kong Stock Exchange (stock code: 0268.HK) and headquartered in Shenzhen, China. Adhering to the core values of “Acting in all Conscience, with Integrity and Righteousness”, the Company is committed to helping businesses achieve their growth targets through dedicated services. It strives to provide clients with the most trusted enterprise service platform.

According to IDC, Kingdee ranked as No.1 in the SaaS ERM (Enterprise Resource Management Cloud Service) for Large, Medium and SME enterprises in China, maintaining the No.1 in the market share in terms of SaaS EA (Enterprise Application Software Cloud Services) and Finance Cloud. Meanwhile, Kingdee has become the only Enterprise SaaS vendor in China that has entered into the top five of Gartner’s application platform software in 2020, as well as the only Chinese vendor to be selected in IDC’s Asia-pacific manufacturing ERP SaaS MarketScape, as a Contender. In addition, Kingdee Cloud was selected in “The State of Low-Code Platforms of Forrester”, having the most case studies among all enterprise PaaS+SaaS platforms. Kingdee has attached great importance to user privacy and data security, and obtained the “grand slam” of security and privacy certifications, including ISO27001, ISO27701, Grade III Protection of Information Security, Cloud Security Alliance CSA-STAR.

Many cloud service products of Kingdee have won the favour of benchmark enterprises, including Kingdee Cloud Cosmic (new-generation PaaS Platform for enterprises), Kingdee Cloud Constellation (SaaS solution for large enterprises), Kingdee Cloud Galaxy (SaaS solution for medium-sized enterprises), Kingdee Cloud Stellar (SaaS solution for micro and small enterprises). Kingdee has provided software management and cloud services for more than 6.8 million enterprises, governments and organizations across the world.

Cision View original content:https://www.prnewswire.com/news-releases/developing-quality-workforces-in-the-world–kingdee-launches-constellation-hr-cloud-301544843.html