by Vinay Johar
Have You Heard of the HR Technology Marketplace?
What's your take on the HR technology marketplace? The concept is rapidly evolving, solving numerous problems by bringing together essential apps and services for business growth in one place. Imagine not having to search for different vendors one after another; instead, finding everything you need on a single, comprehensive platform.
The marketplace is a fantastic opportunity for developers and users, connecting them with minimal effort. Let's explore a few marketplaces that have transformed how businesses operate.
1) ADP Marketplace
How It Helped Peak Risk Provide an Integrated HR Management Solution
Challenge: Peak Risk needed a solution to integrate payroll and benefits to improve HR efficiency.
Solution: They chose the BerniePortal App available at ADP Marketplace. With this app, Peak Risk Adjustment Solutions can manage benefits plans, onboarding, open enrollment, and ACA compliance, eliminating four steps involved in onboarding a new employee. This created a direct relationship between Peak Risk’s employees and selected benefits carriers.
Result: The app has proven to be a time-saver for employers, improving efficiency by getting all facilities in one place. Automation has streamlined every aspect of their business operations. Read the complete story here.
2) Zoho Marketplace
How Has It Evolved?
Zoho Marketplace has significantly expanded, featuring over 2,000 extensions as of 2024. It serves as a robust platform for integrating various business tools without any coding required. Key highlights include:
- Zoho CRM: Features hundreds of extensions to enhance every stage of the sales process.
- Zoho Creator: Provides end-to-end custom solutions catering to various industries.
- Zoho Cliq: Offers multi-panel chat, unlimited storage, and privacy.
- Zoho Recruit: Over 60 integrations built on its developer platform.
- Zoho Connect: Features numerous pre-built integrations and thousands more via Zapier.
For developers, Zoho Marketplace is one of the best platforms to build and sell applications, with a global user base of over 60 million people from 180+ countries (Zoho).
3) Nimble Marketplace
Enjoy the Power of Nimble with Its Add-on Products
Nimble Marketplace offers extensive support through apps like email marketing, lead capture, analytics, and much more from over 100 integration partners. Popular apps include Zapier, Salesforce, Netsuite, FreshDesk, QuickBooks, and others.
RChilli’s Contribution to the Marketplace
RChilli’s resume parser is an excellent example of a component that can become integral to a marketplace. It can import resumes in bulk from email, extracting candidate information such as personal details, work experience, skills, education, and more.
The Future of HRTech Marketplaces
The trend of the marketplace is gaining momentum, and soon, the HRTech world will thrive within these comprehensive platforms, revolutionizing the way HR professionals work. Embrace the marketplace trend to streamline your HR processes and enhance your business operations.
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