Workstem provides a cloud-based HR management system that automates employee onboarding, scheduling, attendance tracking, payroll processing, and compliance with local labor laws. This solution reduces manual HR tasks and paperwork, significantly lowering operational costs for businesses in the gig economy, particularly in sectors like hospitality, retail, and construction.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses, especially those in the gig economy, struggle with time-consuming manual HR processes, paperwork, and ensuring compliance with local labor regulations. This can lead to increased operational costs and potential legal issues.
Solution
Workstem offers a cloud-based HR management system designed to automate and streamline various HR functions, including employee onboarding, scheduling, attendance tracking, payroll processing, and compliance with local labor laws. The platform features an AI-powered payroll engine that automates salary calculations, integrates with time and attendance data, and ensures adherence to employment regulations. A mobile app enables employees and managers to handle HR tasks on the go, facilitating real-time communication and efficient workflow management.
Target Audience
Workstem primarily serves businesses in sectors such as hospitality, retail, and construction, particularly those operating in the gig economy, that seek to streamline HR processes, reduce costs, and ensure compliance.
Features
- AI-driven payroll engine for automated and accurate salary calculations
- Mobile app for employees and managers to handle HR tasks remotely
- Automated employee onboarding process
- Scheduling and rostering tools with real-time synchronization of shift information
- Attendance tracking with multiple clock-in/clock-out options (GPS, Bluetooth, QR code, facial recognition)
- Automated calculation of overtime, holiday pay, and other entitlements based on local regulations
- Customizable payroll items and rules to accommodate specific company policies
- Integration with accounting software (e.g., Xero, NetSuite) and banking platforms (e.g., HSBC) for seamless data flow and payment processing
- Automated generation of payslips and tax reports
- Employee self-service portal for accessing payslips, requesting leave, and submitting expense claims
- Real-time data analytics and reporting for informed decision-making