Sunday, December 8, 2024

Zimyo becomes a shark tank for young start-ups as employee experience comes into picture

The unbeaten firm Zimyo, a prime HR-Tech platform, launched an initiative for fresh start-ups by offering their HR and Payroll suite at no cost.

In an episode of a reality TV show that aired last year, a male entrepreneur, Peyush Bansal, spoke enthusiastically about his initial days of turning his dream of ‘vision correction’ into a mission. He backtracked the judges and the audience to 2010 when he pitched to investors for his eyewear retail chain – Lenskart.

The business reality TV series ‘Shark Tank’ portrays fresh entrepreneurs making business pitches to a panel of investors or sharks deciding whether to invest in their ventures.

A prime-time TV series on startups was unthinkable in the 90s when jobs at renowned companies were considered the best career path. But this show reflected that working at startups is a more viable career option today, even if sometimes risky.

In that line of vision, Zimyo, a startup itself, launched an initiative called ‘Startup Program’ where it offered free HRMS and Payroll services to young startups with up to 40 employees and other ventures that came under the portfolio of Zimyo ecosystem partners.

Zimyo is a worldwide, leading platform that offers cloud-based solutions to businesses of every scale. This comprehensive and innovative HR-Tech platform with – Payroll and Expense Management, Employee Engagement, Applicant Tracking, Recruitment, Onboarding, and Performance Management, along with additional Employee Benefits, etc., is a sole entity to offer 40+ modules.

The SaaS expert has already enrolled 100+ young and growth-focused organizations under its initiative in this short span, out of which 20+ have already started implementing the software provided.

“The roots for startups have been growing in momentum. Indeed, startups have become key to bolstering India’s economic growth, with more investment going into fledgling enterprises in recent years,” said Kumar Mayank, CEO of Zimyo.

Why HRMS and Payroll solutions are the need of the hour?

HRMS with modern AI-driven tech has taken over the conventional methods of HR management. Cloud-based HRMS are the need today to optimize and streamline all HR management processes. Where 45% of talent managers seek cloud solutions to increase efficiency and productivity, 35% see the cloud as a way to reduce costs.

Payroll management entails an organization’s administration and implementation of payroll functions. Recording employee information and managing payments along with tracking hours, managing leaves, incentives, and deductions, among other payroll responsibilities.

Complying with statutory provisions, addressing employee grievances, etc., is also part of the payroll management process.

What does Zimyo offer with its HRMS and Payroll suite?

A future-proof HRMS for all. From young and growing businesses to top players in the industry.

Zimyo HR software helps HR leaders automate their daily activities, go paperless, effectively administer employees and their data, and focus on business. A few other features would be;

  • Work efficiency improved twofold
  • 88% reduction in manual work
  • Manual errors reduced by threefold

When payroll comes into the picture, Zimyo provides the one that’s Intelligent & Simple.

The payroll software streamlines and simplifies all payroll-related activities. Created for small to large organizations, it helps run the entire payroll process in just three clicks. From tax and compliance updates and accurate expense management to excellent customer support.

What did Zimyo offer in their ‘Startup Program’?

  • Free SaaS subscription for Core HR & Payroll Product Suite, including Mobile App, Employee Self Service, Benefits, etc., for 6 months.
  • Major discounts on other Zimyo modules – Recruitment Management, Performance Management, etc.
  • 18 Hours of dedication to onboarding, including setting up HR processes for the startup.
  • 4 hours dedicated to ‘Strategic HR/OKR’ consulting.
  • Free HR Templates are provided on the platform for appraisal, emails, job descriptions, offer letter generation, etc., and much more.

How to avail this exciting offer?

  1. Visit https://www.zimyo.work/register.
  2. Sign-up (Create User ID and Password)
  3. After the sign-up, log in to your account
  4. Go to Subscription (on the left bottom side of the page)
  5. Click Manage Subscriptions
  6. Click Upgrade
  7. Select HRMS BASIC + Add the number of users
  8. Select Half Yearly Subscription
  9. Apply coupon code – PRSP2022
  10. Proceed to pay
  11. User validation will take place by deduction of ₹1.

Wrapping up

The ambition of this victorious venture is to empower growth-focused startups in attaining exceptional growth through its tech and innovation. This initiative’s concept was to free the professionals from stressful manual work from the first day with modern automated solutions.

Many reputed SMEs like Yash Raj Films, Bajaj Capital, Amity University, Apollo Power Systems, etc., are implementing Zimyo software in their daily organizational tasks. Furthermore, UAE, Saudi Arabia, and Oman customers have also onboarded.

Advancing with even higher zeal and determination, the HR-Tech enterprise has taken it upon itself to grant fresh startups a superior employee experience and engagement platform.

SaaS expert Zimyo is allowing young organizations to hire the best people from the industrial talent pools. The reduction in employee attrition, hike in retention, and threefold boost in employee engagement are some complementary advantages of this robust SaaS FinTech solution.

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