The new feature simplifies and consolidates payroll processes to a single platform to integrate and support modern companies' multifaceted HR operations
NEW YORK, Dec. 7, 2021 /PRNewswire/ -- Today, modern HR technology company HiBob rolls out its Payroll Hub, a centralized dashboard on the Bob platform that automatically updates companies' payroll data in real-time. Effectively managing payroll is one of the biggest pain points for HR teams and has become increasingly complex as workforces have become geographically dispersed and increasingly dynamic with a mix of both full-time and contract workers. The tool addresses this challenge directly with a user-friendly design and capabilities that allow companies to serve all workers – whether they are full-time, freelance, or in another country.
The Payroll Hub integrates seamlessly with leading payroll providers—including ADP Workforce Now, CloudPay, TriNet and Paylocity with more to be announced soon—and allows managers to ensure all data is accurate for upcoming pay cycles, saving time and reducing the risk of error. To cater to midsized companies' unique needs, Payroll Hub supports single-cycle and multi-cycle schedules. Its customizability and ease of use improves both payroll teams' and employees' experiences and allows HiBob to stay true to its mission of creating modern work experiences that empower organizations and their people.
"Organizing payroll each cycle is time-consuming, and errors can cause frustration for employees and payroll teams, creating unnecessary friction. Streamlining payment operations is a crucial step toward modernizing HR technology and helping everyone involved in payroll," says Ronni Zehavi, CEO of HiBob. "HiBob's Payroll Hub allows HR teams to refocus a majority of their time on company operations and workplace culture initiatives. Reliable, automated technology is a necessity as modern companies continue to adapt to new workplace models. The future of the workplace is flexible–HiBob ensures companies can accommodate this in the new world of work."
"Running payroll involves many small details that you need to sync with multiple interfaces and systems. From the smallest detail like a change of address or a title change, getting everything ready and ensuring that it was correct was a lot of manual work," said HiBob customer, Shir Birenbaum, Head of People Operations and Analytics at Logz.io. "Then we started using Bob's Payroll Hub, which integrates all those systems, reminds you about changes and updates, and then automatically pushes them out to the payroll provider. It's a huge difference, which has saved us many hours every cycle."
HiBob continues to adapt its technology to accommodate ever-changing, modern companies. In addition to its Payroll Hub, the Bob platform offers functionality that simplifies core HR processes while driving stronger engagement, productivity, and business outcomes. The employee experience has become top priority among company leadership to retain employees. HiBob continues to be a key disruptor in the HR tech space, with tools that support relationship and culture building, collaboration, and camaraderie in the absence of a singular, physical workspace.
For information on HiBob's Payroll Hub, read Introducing bob's Payroll Hub.
HiBob is a modern HR platform designed for modern business. HiBob's intuitive and data-driven platform, 'Bob', was built for the way people work today: globally, remotely, and collaboratively. Since its launch in late 2015, HiBob has achieved consecutive triple-digit year-over-year revenue growth and become the HR platform of choice for more than 1,500 modern, midsize, and multinational companies who understand that a powerful, agile HR tech suite is mission critical and a key driver of organizational success. Fast-growing companies across the globe such as Cazoo, Gong, Hopin, Monzo, Happy Socks, Fiverr, and VaynerMedia rely upon Bob to help HR and managers connect, engage, develop and retain top talent.
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