The world is rapidly pacing towards change, and businesses are no exception to that. Modern businesses embrace technology and innovative tools to optimize their operations and survive the market shift. Businesses that are not open to changes often get left behind and can't survive the cutthroat competition. Therefore, companies must look for information, tools, and technology to help them identify their problems and find the right solutions.
There is no secret that data rules the business world. In this world, thousands of terabytes of data are produced every second; businesses must leverage the data to draw meaningful business intelligence and navigate their companies toward business success. But does one leverage the data to draw meaningful decisions?
Apart from data, another essential resource for businesses is their employees. Employees produce results that keep the business going. Therefore, companies must develop effective strategies to achieve the effective amalgamation between the data and human resources to generate valuable business intelligence that helps the decision-makers make informed decisions about their business. It also helps to create effective business strategies with high success rates as the data helps to identify patterns and predict a favourable outcome. And this gave birth to Human Resources Analytics. With companies like Teamnest pioneering the HR analytics field, modern businesses leverage analytics to ensure business success. Before going forward, let's take a look at what HR analytics is.
What are HR Analytics?
In the last few decades, human resource management has changed substantially. The traditional HRMS had a limited scope that focused only on recruiting top talent. But the conventional HR practices had to evolve because they had no data to support the decision-making, and the lack of technology was hampering the processing speed. The rising need for a more constructive and strategic HR management system gave birth to Strategic Human Resource Management Systems (SHRMS). As time changed, companies started incorporating business data into the decision-making, providing more accurate results and better outcomes, and that is when Data-driven HRMS was born.
HR analytics is a data-driven approach to human resource management systems. It is also known as workforce analytics, people analytics, or talent analytics. HR analytics invoice the collection, analysis, and reporting of HR data in a more intelligent and sophisticated way that helps to derive meaningful insights. It enables companies to measure the impact of various operations, strategies, and HR metrics that affect the business outcome. In simple words, HR analytics utilize HR data to draw meaningful insights that help businesses make better decisions.
Unlike traditional businesses, modern businesses outsource the services of external professionals and vendors to reduce costs and improve efficiency. These outsourced individuals and groups bring their years of experience and skills to the table, which wouldn't be feasible by hiring a massive team. The outsourced services can range in different processes such as accountancy, security, labor compliance, software development, staffing, HR consultancy, or tax filing. Most companies outsource these professionals and agencies for their work, so they can partner with Teamnest and increase their revenues. Let's take a close look at how it works.
Teamnest Channel Partner Program
Every company relies on its HR operations, such as payroll, leave management, attendance, compliance, expenses, timesheets, etc. Hiring a massive team of HR professionals to perform these operations would incur a lot of salaries and benefits. Therefore, companies prefer hiring external HRMS that help to help these companies to put a strong foundation of HR processes. Teamnest offers a cloud based HRMS that helps companies manage their HR operations and improve employee engagement and productivity through different tools and strategies. Teamnest is trusted by more than 300 companies in 8 countries and 80 cities and helps to manage more than 34000 employees. With the advent of rapidly evolving cloud-based technologies, Teamnest is leading the race for the best HR management system. But how would it benefit you as a channel partner? Take a look.
Benefits of Becoming a Teamnest Channel Partner
Did you know more than 56% of businesses partner with third-party vendors along with their in-house teams to market their businesses online? B2B partnerships are one of the most effective ways to promote your brand and sell your services to a relevant customer base. If you are wondering how partnering with Teamnest will benefit your company, consider these reasons to become a Teamnest Channel Partner.
Share Teamnest's Global Brand Value
Brand image can be a great driving force in sales. Companies that have established substantial brand value generate more sales as their customers trust their brand. As mentioned earlier, more than 300 companies in 8 countries, 80 cities, and 34000 employees trust Teamnest's reliable, cloud based HRMS platforms to manage their HR processes. When you partner with Teamnest, you get to share a brand image and leverage it to draw more leads. As Teamnest's official channel partner, you can extend your offerings to your clients by introducing the Teamnest HRMS platform to help them manage their HR operations. That way, you can substantially improve your business offering and enhance your brand value with Teamnest.
Any company's vision decides its future. Therefore, it's essential to have a big vision when it comes to navigating the business toward success. With its massive presence worldwide, Teamnest has its eyes set on its vision. With the current count of 300, Teamnest is determined to reach more than 40,000 companies by 2025. Our maestro marketing and sales team and highly professional customer success team are all set to bring that vision into reality. If you are a growth-focused professional or an agency, you get to be a part of this massive vision by becoming our channel partner.
Revenue is an effective and direct indicator of business growth. As a vendor, you must generate revenue from your primary business offerings in tax filing, HR consultancy, staffing, business compliance, or software development. Why limit your revenues by relying only on one income stream when you increase your revenues by establishing another effective revenue generation strategy? Yes, it's possible.
Teamnest's channel partner program enables you to generate 70% of the revenue you earn for us. You can add your clients to Teamnest and watch your revenues go up. Don't worry about how to do it. We will equip you with the necessary tools and information you need to help your clients understand the value of Teamnest's cloud based HRMS platform. Once they sign up, we will take care of the onboarding and management while you generate more revenue.
Cloud-based HRMS are the future of HR systems. With more and more companies relying on cloud-based systems, Teamnest is here to stay. With its sophisticated, data-driven approach to various HR functions such as payroll, leave management, tax filing, HR compliance, expenses, and many more, Teamnest helps companies utilize HR data to increase productivity, reduce costs, and take their company towards increased profits.
It's time to expand your revenue streams by partnering with Teamnest as our official Channel Partner. Step up and be a part of the revolution, increase your revenues, expand your business offerings, and grow with Teamnest. Talk with Teamnest's Channel Partner Expert today @ +91 913-786-6322 or email at firstname.lastname@example.org.