Namely Connect Deepens API with Partner Ecosystem
Namely, the HR, payroll and benefits platform for mid-sized companies, has disclosed that they have enhanced its open APIs (Application Programming Interfaces) to provide an expanded open partner ecosystem.
This news confirms the findings of George LaRocque’s #HRWins research report, which reveals that 24% of its respondents felt that the lack of integration in HR is their major issue in mid-market HR solutions, followed by gaps in automation, lack of functionality and too many systems. The report has revealed that mid-sized companies used, on an average, nine different kinds of HR applications, at the same time.
The report is based on the responses of 974 professionals and 90% of them influenced the buying of HR technology in their companies. These companies had less than 5,000 employees. The main areas where these companies were planning to invest in the future, were payroll (49%) and HRIS (36%), provided they were able to support the HR managers and also help improve employee productivity.
“The new survey results paint HR buyers in a whole new light,” said George LaRocque, industry analyst and author of the report. “For a long time, vendors have sought to add more features, create new products, check more boxes. But buyers have just told us that they want something else. They want a core platform for employee data and payroll, and they want it to integrate with other best-of-breed applications that do one thing really, really well.”
With the need for integration between different HR systems becoming a priority, Namely has improved its APIs by adding more fields. This has helped it integrate with 25 new partners in the last one year. Namely also plans to build a core system of employee data which can be integrated with the different partner tools. This would help address the integration issue which is the topmost pain point for HR managers in mid-sized companies.
“The decision to invest in an open API benefits Namely and our clients,” says Matt Straz, Founder and CEO of Namely. “We’re going to focus on HR, payroll, and benefits. For anything outside our core focus, we’ll foster and support an ecosystem of complimentary solutions and services. Clients get flexibility, and we get to dedicate all our resources to creating the best HR, payroll and benefits platform, for mid-sized organizations.”
Some of these partners are OneLogin for single sign-on, Workable for application tracking, Bridge for learning management, AnyPerk for employee perks and Optimizely.
“After we saw what the platform could do, we tore down our existing business processes and rebuilt them in Namely,” says Ryan Higginson-Scott, People Operations & Systems Manager, Optimizely. “We now use Namely to manage everything from sales compensation to stock options to provisioning GitHub access for new engineers during onboarding. These integrations not only save us time, they provide a much better experience for our employees, too.”