Online HRM software
Updated: January 26, 2020
2018. Zoho People 4.0 adds employee services portal
Zoho unveiled new version of its online HR management system Zoho People 4.0 with a new look and a host of improvements. Zoho People 4.0 introduces Services to provide employees and HR a straightforward way to manage important actions. From creating forms to adding workflows and automating them with the right permissions and approval criteria, admins can take charge of the components of the service from end to end. Include important information about these Services in the form of FAQs or additional company documents. The new Zoho People’s section Cases is a query-management tool that lets employees get their questions answered directly, while providing HR with an easy way to sort queries without sending emails back and forth or relying on multiple other channels. Besides the new version features a deeper level of customization for leave policies, advanced analytics, redesigned Self-service section and Job scheduling.
2018. Workday acquired financial modelling startup Adaptive Insights
Cloud-based HRM service Workday is buying Adaptive Insights, a provider of cloud-based business planning and financial modeling tools, for $1.55 billion. For Workday it's an attempt to become the go-to place for all for back-office services for its business customers: the company plans to integrate Adaptive Insights’ tools into its existing platform. Adaptive Insights has thousands of customers, and its growth mirrors that both of cloud services and specifically about how business intelligence has developed into a distinct software category of its own over the years, with not just the CFO but an army of in-house analysts relying on analytics of a business’ data to help make small and big decisions.
2017. Zenefits adds new tools for employee compliance
HRM service Zenefits adds new tools for HR managers to ensure that employees are getting their documents in and they are compliant with regulations. The first new tool is a way for HR managers and employers to keep ahead of compliance requirements for their employees. For example, that might be flagging when an employee hasn’t submitted their required paperwork after accepting a job. This gives managers an overview of all the employees it needs to get in check in order to ensure that they are compliant with all regulations. The second is a documents-management application that gives HR managers a way to track all the documents that employees have to submit for their employers. The goal there isn’t to just offer file storage like a Box or a Dropbox. Zenefits’ documents app instead focuses on the metadata of those documents and tries to ensure that everything is signed and in a file somewhere. HR managers can upload documents on their own or request (or bug) employees to get their documents in on time.
2012. Oracle buys SaaS talent management system Taleo
SaaS-arms race between Oracle and SAP continues. After SAP acquired the leader of the talent management market - SuccessFactors, Oracle's boss Larry Ellison could not sleep in peace. In order to calm down a little he decided to buy the second company in this market - Taleo. (Not so long ago we compared SuccessFactors vs Taleo). The deal amount - $ 1.9 billion. Taleo is famous primarily for it's personal compensation tools and head-hunting tools, integrated with social networks. As usual in such cases we say that this deal is a big sign for those who still doubt in SaaS. If Larry Ellison, who doubted more than others and who already owns the HRM system PeopelSoft, buys the SaaS-alternative - it's a big sign.
2011. SAP acquires SaaS-champion SuccessFactors
(SuccessFactors CEO Lars Dalgaard) SAP (aka the world largest developer of business software) has won the reputation of the SaaS-snail. Not because SAP wasn't trying to build SaaS solutions. It launched StreamWork, CRM On-demand, Business ByDesign. But all these projects were implemented without much desire, so none of them caught the wave. And it's quite understandable. SAP really doesn't need these miserable $50/month per user, when it makes millions just for one-time sale of its monster systems and projects. But with these earned money, SAP can easily buy the title of SaaS-champion. SAP Ventures has long been sponsoring many SaaS-startups. For example, SAP stands behind such projects as SocialText, Box.net, Alfresco. And now, SAP has decided to play a big game and acquired (perhaps the second company on the SaaS market) SuccessFactors for $3.4 billion. SuccessFactors - is a SaaS talent management system (on SAP's language it sounds HRM = Human Resources Management). It's not like SAP. Rather, it wants to be like Facebook. SuccessFactors is the champion in SaaS project size competition (see the Top 5 largest SaaS implementations). And in 2009, it was SuccessFactors that stolen one of SAP's largest customers - Siemens.