Mumbai: Cloud-based HR tech firm Beehive launched a new version of its HRMS SaaS platform. The new Beehive HRMS SaaS platform comes with a new interface and four latest modules.
Beehive ‘OKR’ is the first of four modules. The new version includes additional intelligence that enables smarter decisions and simplifies technology usage and ensures organisations and employees are empowered with advanced HR technology.
Beehive HRMS software enables businesses to harness the power of human energy. The solution transforms the people strategy by connecting performance management, employee management and employee development in one unified solution.
The platform’s newest module, OKR, Objective and KRA, drives employee engagement and achieves high performance.
Beehive’s OKR offers goal setting and a continuous feedback mechanism. It brings different options to make talent management more effective, including a balance scorecard, nine-box grid succession planning, bell curve, self-KRA application and approval, configurable evaluation parameters, weightage to different criteria as per business needs and rating master creation.
Monthly, quarterly, and yearly goals can be specified, and divided into KRA and objectives, and the same status can be promptly updated. It also highlights constructive reviews and continuous feedback from employees, managers and peers that improves overall work efficiency.
With review cycles that benefit managers and employees, the software tracks accomplishments provide social recognition (like badges as a reward), and schedules training programs. Overall, the new OKR module leverages an end-to-end solution to manage the next-generation workforce while delivering measurable ROI.
“With Beehive new version, we aim to transform the way HR works. Our new version of HRMS is designed not only for employers but also for employees, and it has truly transformed the way HR departments operate,” said Haresh Awatramani, Beehive CEO.
Beehive’s HRMS SaaS platform serves over 300,000 users and is present in more than five countries and 30 verticals. It claims to be the one-stop shop for all HR requirements.
Nippon Express, Marsh India, Compuage, Arti Drugs, Ziqitza, NYK, Datamatics, Runwal Group, SVYM, Tata Class Edge and many more are just a few of the significant clients of Beehive. It’s mainly focusing on tier 2 and tier 3 markets.