Zenefits Continues Innovation for Modern Workforce with Spring Release – Expands HR, Benefits, Payroll and Adds 5 New Partner Integrations
SAN FRANCISCO, May 23, 2017 – Zenefits, the leading all-in-one Digital HR platform for small and medium businesses, today announced expanded new functionality, new applications and new partnerships designed to help companies manage and empower their workforce.
The company’s Spring Release offers several industry-first capabilities, including a Benefits Deductions App with full integration into Zenefits Payroll, and new mobile HR capabilities for company administrators. Zenefits continued to build out its partner app directory with Microsoft Teams and Slack integrations and a planned integration with Google Hangouts Chat.
“HR systems have historically been disconnected from employees’ day-to-day workflows, which has hindered the adoption and effectiveness of HR technology,” said Jay Fulcher, CEO of Zenefits. “With Zenefits comprehensive platform, that old model is a thing of the past: the Zenefits platform brings HR information, functionality and tasks to employees via mobile apps and the productivity apps they are accustomed to using every day – creating an employee-centric experience.”
“With today’s frantic pace of business, employees need information and processes to be available where they do work – and work is increasingly happening in chat and messaging applications,” said Holger Mueller, Principal Analyst, Constellation Research. “HR information and processes specifically need to find and meet employees not only on mobile devices, but within in these applications. Doing so provides more seamless and organic consumption and creation of HR information and processes as a result.”
Integrations with Google, Microsoft and Slack Bring HR to Employees
More than 100,000 employees are already syncing previously disconnected third party applications through Zenefits’ App Directory. Only Zenefits empowers people to perform common HR tasks – such as requesting time off – in seconds, directly from their favorite productivity apps, as well as native Zenefits mobile apps. In addition to Slack, Zenefits now integrates with Microsoft Teams to further improve team productivity and engagement, and will be a launch partner for Google Hangouts Chat. (Platform Integrations blog post)
“We’re excited to see the integrations our ecosystem partners are creating for the Microsoft Teams platform, built on Microsoft Office 365, enhance the overall experience we’re delivering to our users,” said Bhrighu Sareen, General Manager for Microsoft Teams at Microsoft Corp. “Zenefits’ application for Teams helps bring useful HR tasks, like requesting time off, directly to Teams.”
Additional highlights of the Zenefits Spring release:
Employees Can Use Pre-Tax Commuter Dollars for Uber and Lyft
Zenefits customers can use their Commuter Card pre-tax benefits toward eligible commuter services and save up to 40 percent on their daily commute. Zenefits today announced an integration with Uber to further reduce work-related transportation costs. Zenefits has had an integration with Lyft, and both Lyft and Uber apps automatically recognize the Zenefits Commuter Card and will send a qualifying Lyft Line or UberPOOL vehicle (available in select cities). (Uber Commuter blog post)
New Level Payment Self-Funded Plans Can Reduce Healthcare Costs Up to 25%
In related news today, Zenefits announced a partnership with Aetna to roll out innovative level payment self-funded insurance plans as part of its Broker Services offerings that can save some companies up to 25 percent on healthcare insurance costs. An attractive option for some companies, level payment self-funded plans enable employers to pay only for claims and the cost of administering them, as opposed to fixed-rate plans. For companies with a relatively healthy employee base, this can lower annual healthcare costs by as much as 25 percent (not available in all states). Zenefits has developed a first-of-its-kind online and mobile application process that significantly reduces the administrative burden and helps further protect sensitive employee health information. (Level Payment blog post)
Unique Benefits Deductions App Gives Transparency and Control
Zenefits today announced a new Benefits Deductions App that allows HR administrators to see, review and approve adjustments for all payroll-impacting changes made by HR and benefits functions. This provides administrators a new level of visibility and instant control, reducing errors and potential overpayments. Availability of the Benefits Deductions Apps is planned for June 1. (Benefits Deductions App blog post)
Award-Winning Mobile HR Gets Better
Zenefits award-winning iPhone and Android mobile apps put HR capabilities in the pockets of employees, allowing them to access important benefits information, search and contact coworkers, schedule time off, view paystubs, get balances for health care and commuter accounts, and much more. Today, Zenefits announced new Mobile Administrator features for managing time off requests on the phone. Managers can approve or decline employee requests on-the-go and see who is planning time off across departments, locations and managers. Availability of the new Mobile Administrator features is planned for mid June. (Mobile Admin blog post)
“Mobile is how people want to work. More than 30 percent of Zenefits’ daily active users login via the mobile apps and it grows every month,” continued Fulcher. “We’re now adding more mobile features for administrators and managers, who want to be able to run their business from anywhere.”
Better Business Insights with New BI Reporting
Another advantage of an all-in-one Digital HR, Benefits and Payroll solution is the ability to provide advanced reporting and analytics insights that can help business leaders make smarter decisions about managing their workforce. Zenefits has added new Business Intelligence reports in its Spring Release to provide better visibility into costs, including complete history and point-in-time reporting for benefits.
Zenefits is the leading all-in-one Digital HR platform for small and medium businesses. Designed as the single source of truth for managing the modern workforce, Zenefits delivers the most complete, all-mobile HR experience by tightly integrating its own powerful applications with dozens of best-of-breed providers on the Zenefits platform. Zenefits’ applications like HR, Benefits, Time, Payroll and Compliance combine with partner applications like email, collaboration, expense management, and employee engagement to create a powerful platform. Thousands of businesses use Zenefits to empower their employees, manage change and stay compliant.