NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced a strategic partnership with Maxwell Health that combines Maxwell’s revolutionary cloud solution for employee healthcare and benefits administration with the NetSuite TribeHR human capital management (HCM) platform. Leveraging the combined strengths, the partnership transforms the way companies manage their human assets by ridding them of tedious, time-consuming and error-prone manual processes. With a modern HCM platform, small and medium-sized businesses (SMBs) can now run end-to-end HCM business processes from recruiting, managing and rewarding employees, to facilitating flexible, streamlined healthcare benefits enrollment, administering benefits and promoting workforce wellness – all in the cloud.
The integration of both NetSuite TribeHR and Maxwell Health details:
NetSuite TribeHR is an integrated cloud ERP and HCM software suite for small and mid-sized businesses. It gives SMBs a single cloud solution to run their core business operations as well as a rich, social HR software solution to manage employees. Maxwell Health’s solution simplifies the onboarding and benefits management process and dramatically improves productivity for both HR teams and an organization’s workforce at large. Through the integration, the Maxwell Health solution acts as a benefits enrollment system and serves as the system of record for benefits information and administration, while bi-directional data exchange between the systems ensures that HCM data in NetSuite TribeHR and benefits information in Maxwell Health are always in sync. With modern, attractive user interfaces, NetSuite TribeHR and Maxwell Health align with social and mobile dimensions that extend HCM and benefits administration to HR teams and personnel in an accessible and transparent way, encouraging greater engagement.
The Combined Solution Delivers Unprecedented Features and Benefits Including:
Core HRIS (Human Resource Information System) – Manage essential employee information individually and in aggregate, featuring employee administration, employee profile, employee history, compensation tracking, organizational charts, company directory, employee self-service, manager self-service, employee and recourse document storage, and employee time-off tracking.
Advanced Recruiting – Social applicant tracking system (ATS) with integrations to LinkedIn and Facebook.
Complete Talent Management Solution – 360-degree feedback tools, goal management, performance appraisals, skills tracking, and values and culture tracking.
Social HR for a Social Workforce – Commenting, collaboration, and peer and public recognition tools that span the entire company.
Streamlined Benefits Open Enrollment Process – Remove inefficient and error-prone paperwork typical in open enrollment while handling complex rate structures with best-in-class benefits administration.
Simplified Benefits Shopping – Ecommerce-like benefits shopping experience in an open marketplace of providers.
Mobile Platform for Anywhere, Anytime Access – Mobile platform enables employees to access and use company benefits programs, reach a health care concierge for benefits help, improve health with an in-app fitness tracker, and to collaborate and connect no matter where they are.
Programs and Solutions to Encourage Employees to Stay Healthy – Offering includes a time and money-saving personal health advocate who acts as a liaison within the health care system, and a turnkey wellness program that rewards employees for better health.