PrismHR Partners with ThinkHR to Offer Comprehensive People Risk Management to HROs and SMBs
New PrismHR Marketplace Partnership Ensures Alignment with Rapidly Evolving Employment Law Updates, Including State Anti-Harassment Policies
Hopkinton, MA — May 1, 2019 — PrismHR, the leading HR software platform for Human Resource Outsourcing (HRO) service providers, today announced that ThinkHR, a trusted provider of HR knowledge and people risk management (PRM) solutions, is now offering its solution to PrismHR ’s HRO customers and their SMB clients through the PrismHR Marketplace. Accessible via single sign-on, the addition of ThinkHR drives new business opportunities for HROs and PEOs by improving process efficiencies and freeing resources for relationship management.
For most companies, effectively managing operational risks – especially the complexities inherent to the workforce – directly correlates to business performance. ThinkHR’s cloud-based platform includes the technologies and services needed to confidently operationalize PRM. Included are training programs for workplace harassment prevention and workplace safety, dynamically updated living handbooks, guidance from HR and compliance experts, a comprehensive resource library and additional support to help PEOs and their clients stay up-to-date with ever-changing federal and state requirements. For example, creating one multi-state handbook can take an HR generalist more than 40 hours to research and update; time and resources that most small to mid-sized businesses cannot devote. Yet, without an up-to-date employee handbook, the cost and risk of violations multiplies with every worksite employee under management and could permanently damage an employer’s brand and result in disruptive litigation.
“PEOs and the SMBs they serve need reliable partners that consistently provide unquestionable guidance as to proper people risk management,” said Larry Dunivan, CEO of ThinkHR. “These organizations need to focus on their core businesses, which makes staying abreast of complex employment laws close to impossible. Both PrismHR and ThinkHR share the commitment of helping clients flourish and grow, making our strategic participation in this Marketplace advantageous to all.”
Compliance is a major issue for our HROs and their clients. ThinkHR’s comprehensive people risk management solution enables organizations to build operational programs that minimize and manage risk,” said Tim Pratte, Senior Vice President of Customer Success at PrismHR. “ThinkHR is a perfect example of the types of innovative products and services we’re offering through PrismHR Marketplace that deliver real business value to our HRO customers and their clients.”
ThinkHR delivers trusted HR knowledge and people risk management solutions. Combining the best of human expertise with innovative cloud-based software, ThinkHR helps companies reduce risk, drive efficiencies and resolve people-related issues quickly and efficiently.
Founded in 2005, ThinkHR now serves more than 125,000 employers and 850 business partners — including top insurance, payroll and HR technology providers — and is headquartered in Pleasanton, California. For more information, visit thinkhr.com or connect via LinkedIn or Twitter (@RealThinkHR).
PrismHR creates exceptional software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class payroll, benefits and HR to small and medium sized businesses. PrismHR software is used by more than 88,000 organizations and 2.2 million worksite employees, processing greater than $57 billion in payroll each year. For more information, visit prismhrstaging.wpengine.com.
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