As a PEO, you want your small and medium-sized businesses (SMBs) to grow and succeed. But what if they outgrow the Professional Employer Organization (PEO) space and are thinking about bringing their HR processes in-house? Or what if an SMB prospect isn’t a good fit for a traditional PEO model?
That’s where PrismHCM comes in.
Human Capital Management (HCM) solutions help SMBs improve all HR functions, from recruiting and onboarding to performance reviews and professional development, as well as administrative processes like payroll and tracking employee hours.
Your SMB customers invest in HCM solutions because it makes them more efficient. HCM for small business accelerates productivity with more automation and less paperwork and double entry.
Better efficiency creates increased capacity. And that’s ultimately why people use HCM tools—they allow them to do more. Plus, HCM solutions provide expertise. Whether it’s HR, taxes, safety or something else, it helps them make better decisions.
Using HCM Tools to Succeed
No two clients are the same. You don’t service a 10-person company the same way you would a 100-person company.
Larger companies mean more complexity, and each company has its preferred way of doing things. You must fit into their world.
PrismHCM gives you the flexibility to do this.
Using a single platform, PrismHCM streamlines and automates HR processes. Your SMB clients can onboard, enroll employees for benefits, provide access to pay stubs, complete performance reviews and more. Having HR functions consolidated in one place simplifies an HR team’s experience, making them more efficient.
As a PEO, your value to your SMB client is in managed services, where you do some of the work. To do so, you need to determine what your capabilities are.
This is where PrismHCM really shines. And where you can provide real value to your clients.
PrismHCM offers a(n):
- Modern tech stack
- Intuitive interface
- Self-service functionality
- Flexibility to help SMBs as they grow
- Open API
- White-label product capability
- Modern user experience
Good to Grow
SMBs want technology that works for them as they grow. Even if a company decides to go it alone, they will still need software solutions to handle HR and payroll-related tasks.
This gets more complex each year with new state and federal compliance regulations. PrismHCM helps your SMB clients address this by offering an integrated HCM solution that suits their needs.
Providing a comprehensive suite of HCM solutions, from applicant tracking through performance management and benefits management, is a big differentiator. Application programming interfaces (APIs) allow PrismHCM to connect to their preferred payroll, benefits management and other tools.
The more you can connect HR processes, the more viable PrismHCM (or insert your preferred name here) is to your client as you help them become more competitive and successful.
Unlocking a World of Opportunity
SMBs use HCM solutions because they want a technology that grows with them. But they also want tools that keep employees more engaged. Attracting and retaining talent is key to becoming more competitive.
PrismHCM gives your clients the chance to take their HR in-house while providing worksite employees (WSEs) with a modern, intuitive, state-of-the-art platform.
Engagement tools include org charts and directories that keep employees connected online no matter where they are. Social media-like newsfeeds allow employees to celebrate success and share announcements such as work anniversaries or birthdays. Self-service HCM technology will enable employees to access personal data, check schedules and request time off, reducing the burden on busy HR teams.
PrismHCM can unlock a world of opportunity for you and help you unleash your SMB clients’ potential as they grow.
Learn more about PrismHCM.