ThePort Network, Inc. Announces Acquisition of PowWowHR, LLC
Combination introduces first fully integrated enterprise collaboration suite with traditional human resource management functionality
ATLANTA, Dec. 20, 2012 /PRNewswire-iReach/ -- Atlanta-based ThePortNetwork, Inc., a leader in social networking technology for business, announced today it has acquired PowWowHR, LLC, a leading provider of human resource management software (HRMS) for small and mid-sized employers. The combined cloud technology will introduce the first natively integrated social collaboration solution with traditional HRMS. Kevin Noland, former CEO of Atlanta-based A.D.A.M., Inc. has been named CEO. The new company will be renamed PowWowHR.
PowWowHR's solution offers employers a full-featured HRMS, including:
- Recruiting and applicant tracking,
- Onboarding and I-9 eVerify,
- Benefits enrollment,
- Time and attendance,
- Performance and goal management,
- Payroll integration,
- Manager and employee self-service, and
- Employee communications and company wellness.
With ThePort's social collaboration technology, PowWowHR will marry the benefits of employee lifecycle management with powerful tools to bring employees together in unique ways to collaborate on everything from projects to critical business decisions all in an elegant, mobile-friendly, super easy-to-use solution.
"There is a lot of talk in the HR industry about the use of social collaboration technology in the office," said Kevin Noland , PowWowHR's CEO. "People today communicate, share information, and work together more through Facebook-like applications than they do telephone and email. But there is a challenge for employers and that is how to connect this unstructured information to business workflow, where collaboration can be driven in the context of real-world business process. This need is what ThePort Network and PowWowHR are addressing."
"We're excited about this combination because it comes at a time when the incumbents in the market have lost touch with the way the modern employee works," said Sunil Vatave, PowWowHR's President and Co-founder. "We're solving problems for business, like reducing their costs for payroll and benefits enrollment while providing employees intuitive, more efficient ways to work together and make decisions."
PowWowHR has been designed from the ground up for small and mid-size business. The SaaS-based solution easily scales in functionality depending on the needs of each employer. The unique integration of social collaboration tools helps employers engage their local, remote and mobile employees, simplifying all facets of their daily work lives. Employees get instant access to real-time project discussions, company information, alerts and a wealth of one-click information such as their payroll history, PTO balance, and benefits information. Even employee health and wellness are just a click away.
PowWowHR is radically simplifying the ability for employers to get up and running on an HRMS application. Everything from the tools and data in one place, to ease of deployment, administration and reporting to one simple per employee per month price, has been designed for the budget and resource conscience employer in mind.
"We're all about the next generation employer," Noland said. "The employer that recognizes the value in employee engaging technologies, that understands the importance of bringing remote and mobile workers together, and the need for increased automation and efficiency with a truly people-friendly workforce management solution."
Michael Gregorio , PowWowHR's Co-founder will also be joining the company. Prior to co-founding PowWowHR, he spent more than 15 years in the human resources field most recently with A.D.A.M., Inc., where he held senior management positions overseeing business planning and operations for its benefits technology products. He started his career at Ceridian as an analyst in the six sigma division before being selected by ADP executives for the design, development, and launch of ADP Resource, a new division for small business resulting in ADP's competitive entry into the ASO market.
About PowWowHR, Inc.
PowWowHR is changing the way businesses manage their information and people – at work or on the go with the first human resource management system that combines all of the features to track and manage employee data and compliance while engaging employees with social business tools to work smarter. Get an invite at www.powwowhr.com or follow us on Linkedin, Twitter, and Google+.
Media Contact: Brittany Wilde PowWowHR, Inc., 877.828.1874 ext 3, firstname.lastname@example.org
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SOURCE PowWowHR, Inc.
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