On-premises (HR Tech) to execute HR activities smoothly.
We have grown by more than 50% compared to the pre-covid period and are seeing strong brand traction
Mr. Haresh Awatramani, CEO, of Beehive
What does Beehive do?
We have been in the market for more than 6 years and are focused on providing businesses with Cloud-based or On-premises HRMS (HR Tech) software that lays out several highly effective capabilities to execute HR activities smoothly. Our HRMS software, which includes several upgraded technologies such as AI, Big Data, and Cloud, collects meaningful feedback from employees and transforms this data into actions that have a significant impact on employee wellbeing and wellness. The data metrics are focused on employee engagement, burnout challenges (stress points), employee happiness index, weekly mood status, and a variety of other first-time HR elements. Beehive HRMS is a dynamic software that can be customized and configured to meet the unique needs of each organization. It covers a wide array of services to automate, streamline and optimize HR operations for improved employee satisfaction.
Tell us about Beehive and how it has impacted the market or helped its clients
Our all-encompassing functionality HRMS Software meets all aspects of employee demands and transforms how businesses manage and engage their people to drive business growth. We are strategically positioned as an employee wellness program that supports talent management and succession planning; employee engagement; lowering attrition and creating a happy work culture; assisting organizations in reducing revenue leakage due to incorrect calculations; and maintaining transparency. We are proud to have served over 300,000 users and to have a presence in over 5 countries and 30 industries, making us the one-stop shop for all HR needs.(on Impact if we can add some example)
What’s been the YOY growth of the Beehive, and how has Covid-19 influenced it?
We have grown by more than 50% compared to the pre-covid period and are seeing strong brand traction. With the pandemic focusing attention on the HR department and employee experience, the maturity of digitalisation adoption in HR is comparable to other functions such as finance, supply chain, and manufacturing processes.
Tell us about your clients and the services you provide at Beehive.
We have collaborated with numerous brands in industries such as education, real estate, healthcare/insurance, manufacturing, shipping and logistics, retail, pharmaceutical, and non-governmental organizations. Among the notable clients are Nippon Express, Marsh India, Compuage, Arti Drugs, Ziqitza, NYK, Datamatics, Runwal Group, SVYM, Tata Class Edge, and many more.
Our HRMS software includes a number of highly effective features for managing HR functions. Attendance, Leave, Recruitment, Travel, PMS, Payroll, Task Management, and Expense are some of the key features included in the software. Based on our clients’ specific requirements, we provide software as individual modules as well as an integrated suite for workforce management in both cloud-based and on-premises models.
What are some of the significant trends in talent acquisition induced by Covid?
Three key trends in talent acquisition post Covid-19 includes –
(a)Virtual Recruitment; companies are turning to virtual means of interviewing and onboarding to ensure an uninterrupted recruitment process.
(b) Employee Wellbeing: Companies have built emphasis on Employee Wellness strategy and are working on a comprehensive framework to determine the gaps. The focus is to avoid attempting to capture all areas of wellbeing into one bucket, and rather assess the different dimensions of wellbeing such as one’s physical, emotional, mental, spiritual, financial and social needs. Tech too has played a huge role for this.
(c) Tech integration in Human Resources: Companies now have a wonderful opportunity to incorporate Artificial Intelligence (AI) into their employment strategy, thanks to rapid technical breakthroughs. Furthermore, with the help of AI, businesses can better coordinate with their remote worker team, no matter where they are in the world.
What are the milestones achieved so far by the brand and the future roadmap?
In terms of milestones, there are many. We began as a cloud-native HR software solution before transitioning to an HRMS product with core HR Modules. We also launched Azure cloud services with core modules.
DIESL (Tata Group) has recognized our HR application, and SME Channel has recognized our enterprise version of the product, payroll and compliance management, and many other value-added features. We have also been awarded in the Tech sector as the most influential tech leader by Techplus Media Group. ISODA in Doha has also recognized us for our software solution. We have periodically focused on product development to enable organizations to function during pandemic and maintain efficiency afterwards. We have steadily expanded our reach over a period of time. Our future roadmap will emphasize employee wellness and employee wellbeing as key parameters while focusing on the product.
Tell us about HR market Trends?
A hybrid work culture that ensures adaptability and productivity is one of the key HR trends. Technology is increasingly being emphasized as the driving force behind digital transformation. The next step is to build and design an inclusive and diverse workplace. HR teams have been working on establishing a healthy and motivated workforce to help optimize potential and productivity, resulting in greater business outcomes, brand loyalty, and the end of the “great resignation.”
