Sharesies Case Study
How Sharesies solved growing challenges with BambooHR as they continue to expand!
Content
At Glance
| Company | Sharesies |
|
Locations
|
Wellington, New Zealand
|
| Employees | 157 |
| Product | BambooHR & Datacom Payroll Integration |
Key Deliverables Achieved:
|
Simplified HR processes in a growing organisation |
Digitalised employee management |
Secure and integrated systems for HR and Payroll |
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
Sharsies 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 Payroll
The robust and secure integration of BambooHR with Datacom marked a significant milestone for Sharesies, ushering in a new era of heightened productivity, unparalleled data accuracy, and seamlessly streamlined workflows. This innovative collaboration not only fortified the foundation of their operational infrastructure but also provided Sharesies with enhanced capabilities to navigate their daily tasks with greater efficiency.
The relationship between BambooHR and Datacom empowered Sharesies to leverage cutting-edge technologies, thereby optimising their processes and elevating the overall efficiency of their organizational framework to unprecedented levels.
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
