Sharesies Case Study

• Contents 
• About Sharesies
• The Challenge
• The Solution
• Sharesies is now setup for success!

Content

At Glance

Key Deliverables Achieved:

About Sharesies

Sharesies is a wealth development platform with the purpose of creating financial empowerment for everyone. Their vision is to give someone with $5 and someone with $5 million the same investment opportunities.

Their investing experience works towards giving people the confidence and control to invest. Now, over 600,000 investors are using Sharesies in Aotearoa and Australia. Continuously breaking down the barriers for more Kiwis, and create new ways to help people develop their wealth.

The Challenge

Sharesies embarked on a transformative journey, evolving from a humble startup to a dynamic medium-sized enterprise, boasting a workforce of over 100 permanent staff members with plans for continued expansion. Recognising the imminent need to explore new markets and navigate the complexities of international payroll, holidays, and processes beyond Aotearoa, the leadership sought a solution. To seamlessly integrate these changes for the growing team, Sharesies required support and a versatile toolset capable of adapting alongside its scaling operations.

Sharesies takes pride in fostering a unique and friendly company culture that operates in alignment with its core values, diverging from the constraints of "traditional HR" practices. The vibrant atmosphere is upheld by the People Experience team, dedicated to providing exceptional well-being support and pastoral care for the team. It became imperative that any implemented solution be intuitive, friendly, and harmonised with the company's distinctive approach to conducting business and supporting its workforce.

The Solution

Sharesies identified BambooHR as the ideal solution tailored to their multifaceted requirements. As a company with exacting information security demands, especially when safeguarding employee and financial data, the imperative capability to securely manage HR and Payroll in strict adherence to their standards emerged as a pivotal determinant in their decision-making process.

Outcome 1: Integrated system with iPayroll

Integrating BambooHR with their Payroll system was a major step forward for Sharesies, boosting productivity, improving data accuracy, and streamlining workflows. This collaboration strengthened their operations and made daily tasks more efficient such as maintaining records and payslips being synced to BambooHR.

Working with the team at Business Toolbox through the integration setup for iPayroll was seamless. It took only 2 meetings to understand how the integration works, set the datapoints that needed to be synced, and the timeline. The best part was that there wasn't any downtime for the employees, and they had carried on as normal. 

Outcome 2: Customisations

BambooHR's ability to easily create custom fields and tables gave Sharesies the power to adjust their system and processes to fit exactly what they needed. This flexibility allowed Sharesies to blend seamlessly with their current setup and build a personalized framework that matched their day-to-day operations. By tailoring things precisely, Sharesies not only improved how they managed human resources and data but also stayed ahead in innovation, adapting to the unique demands of their fast-paced business environment. In simple terms, BambooHR's adaptability helped Sharesies work more efficiently and excellently by tailoring their systems to their specific needs.

Outcome 3: Hiring and Onboarding

BambooHR has been a big help for the People team. They've made things smoother when it comes to hiring and bringing in new team members. But it's not just about that – using BambooHR has also encouraged the team to always look for ways to get better. They've built a culture of always trying to improve. Plus, it's not just the team benefiting; new hires are getting great experiences as well. All thanks to BambooHR, the People team is making their processes better and giving new team members a fantastic start.

Outcome 4: Employee Self-Service

Employees found BambooHR super easy to use. They quickly figured out how to move around in their own profiles, make updates to their information, and handle the process for asking for time off. With BambooHR, it's like a breeze – employees can manage things on their own without any fuss, making the whole experience smooth and hassle-free.

Sharesies is now set up for success!

In conclusion, Sharesies is now set up for growing success!

"We love working with Business Toolbox - that’s probably the secret magic that has elevated our use of BambooHR from just seeing a fun product to getting the very best out of it. We’ve already given recommendations and comments to other organisations who are interested in BambooHR as a tool."

- Cordelia Black