Namely plans to launch four new bundled offerings designed to address challenges faced by SMBs in the current economic landscape. The launch will take place at the HR Technology Conference in Las Vegas.
The company believes small businesses are increasingly challenged by financial limitations when it comes to investing in strategic and operational areas, talent recruiting and retention, and the nuances of HR management.
The bundled products include basic HR and payroll modules, and offer more complex solutions for onboarding, recruitment, performance management, compliance, benefits administration and time management. For businesses seeking comprehensive solutions, two of the products, Namely Plus People and Namely Complete, extend options to include managed payroll, managed benefits and professional employment services.
Along with the remaining bundles, Namely Now and Namely Plus, the products allow users to customize features as their business needs evolve, the company said. That means customers will be able to incorporate the features that work best for their specific organization.
In addition, Namely said it will preview the upcoming release of an all-in-one platform designed to leverage technology investments and intellectual property from its parent company, Vensure Employer Solutions. However, the company did not release specific details about the release.
Namely CEO Alex Campos said that all of these options will simplify processes for the platform’s customers. The upcoming release, he said, along with the expanded bundles, will support capabilities and benefits options for SMBs.
In August, Namely and Velocity Global teamed up to offer global payroll capabilities through Namely’s partner program. The integration allows clients to access their workforce data through a single sign-on and see all of their supported employees in a single view. Those features, the companies said, will save time by reducing the efforts necessary to complete back-end tasks. Meanwhile, the synchronization of data between systems will reduce errors and budget overruns.