Prashant Karmalkar, Managing Partner, Circular Angle
Human resources (HR) play a critical role in every organization’s growth. In today’s uncertain, highly competitive and constantly evolving business environment, it is important for businesses to strike a balance between core business functions and human resources. As it is important to keep the workforce motivated, help drive company culture and fill the talent gaps in the organization, which has a direct impact on sales and revenue. Since most of the organizations lack necessary expertise, skills, resources and knowledge, they often look for a reliable partner who could help them build strategies and carve the path to success.
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10 Most Recommended HR Technology - 2022
Human resource is an important asset for every organization, and given the prowess of technology today, it has seeped into the HR industry as well, named as HR Technology. Boosting the HR industry, HR tech (Human Resources technology) is a broader function within an organization that refers to the software and hardware technology used to automate essential HR functions. HR tech within an organization functions as co-pilot, helping HR professionals streamline time-consuming tasks, including Filing, Communication services, Talent acquisition. In the present ever-evolving and fiercely competitive global economy, it is essentially required of the companies to have the right people at the right time for respective jobs. Stressing on the same, more so since COVID, fighting against the backdrop of war for talent and the `great resignation', organizations are prioritizing employee engagement, satisfaction, and wellbeing, so that they can hire and retain the best talent. Proficiently, the HR Tech stack, from AI-based recruitment to performance management to employee engagement, touches every employee across the organization in terms of employee management. Conclusively, as employers find new ways to cater to employees' needs in better ways, the value of HR Tech which has employee experience at its core is expected to touch $35.68 billion in 2028, rising from $24.04 billion in 2021. Engaging technology HR team within the organizations are working around the remote work culture and virtual collaboration, quite efficiently using HR tech and it is greatly helping too. Enterprise solutions is another technology leverage that helps in the company's overall growth and people management, linking up finance, CRM, human resources, payroll and manufacturing and allowing all departments to access information so they can see what is currently happening in the business. There are many HR Technology and Enterprise Solutions providers in India who are delivering their extensive services in the industry. However if it comes to choosing the best ones, it seems to be a difficult task. In this issue, CIO Insider has come up with a list of `10 Most Recommended HR Technology - 2022' who have proved their proficiency in the sector with a deep knowledge in technology. The following list is prepared closely scrutinized by a panel of judges consisting of CEOs, CIOs, CXO, analysts, and our editorial board. We believe that these platforms will help in transforming business processes through their significant expertise and knowledge.
|Company Logo||Company Name||Company Management||Company Description|
|Circular Angle||Prashant Karmalkar , Managing Partner||It offers a wide range of quality services from implementing new business strategies to optimising ultra-efficient work processes|
|Darwin Box||Himanshu Kumar, Director||The leading provider of cloud-based Human Resources Management Software and their SaaS platform engages and empowers employes across the entire lifecycle with a smarter, simpler & mobile-first HR Tech experience powered by Artificial Intelligence and Machine Learning|
|Freshteam||Girish Mathrubootham, Founder & CEO||An intuitive, easy-to-use, affordable HR software for growing businesses where attract, hire and onboard new hires, offboard exiting employees, maintain employee information, and manage time off everything is available in one place|
|greytHR||Girish Rowjee, Co-Founder & CEO||The mission is to improve people-centric practices and performance in Small and Medium Enterprises through our cloud solution|
|Kredily||Devendra Khandegar, Founder & CEO||They have created a powerful and complete HRMS and Payroll Software that helps Companies automate their HR and Payroll workflows without spending a single penny|
|Odyssey Technologies||Robert Raja, Chairman & Managing Director||A leading PKI solution provider, offering a wide option of software applications based on cryptographic algorithms and protocols|
|SumHR||Jay Thaker, CEO||It is a cloud-based HR management software that can ease the burden of HR teams from administrative tasks and helps to manage hiring, onboarding, payroll, attendance, and performance management|
|Zimyo||Ajay Kadyan, Co-Founder||Their vision is to empower thousands of organizations across the world to offer true ‘employee experience’ to their employees, helping them get the best out of their workforce, drive higher engagement, and build a differentiating human capital advantage|
|ZingHR||Prasad Rajappan, CEO||They are India’s premier HCM Platform, emerging leaders in cuttingedge HR Tech and experts in all-round HR solutions and to empower the workforce and improve the business with better HR strategies and tools|
|Zoho People||Sridhar Vembu, Founder||It is the one-stop-shop for everything HR and all things HR which include database management, attendance and leave management, and performance appraisals can be managed from one place|