NEW YORK, Oct. 10, 2017 /PRNewswire/ -- Namely, the leading HR platform for mid-sized companies, today announced Namely Analytics, a new analytics tool that provides HR teams with the data needed to make strategic people decisions.
With 71% of companies rating HR analytics as a high priority, Namely Analytics was designed to tackle the challenges so prevalent in growing companies—such as how to attract and keep great talent, how to maintain culture as you grow, and how to offer fair compensation.
Utilizing Looker's powerful data platform, Namely Analytics includes detailed reports, such as salaries, job changes, and attrition (which can cost a mid-sized company over $50,000 per departing employee). HR practitioners can endlessly customize these reports: point-in-time reporting helps to identify key trends over time, and dynamic visualizations make data-driven actions a reality. These tools enable HR, the C-suite, and department managers alike to take control of key personnel decisions across departments.
"From day one, our mission has been to create a data-driven platform for HR practitioners. As a manager, I was shocked that companies did not have their people data in one accessible place," says Matt Straz, Namely's Founder and CEO. "As companies grow, many are plagued by HR problems, from diversity to pay equity. Now, companies of all sizes have the information they need to make smart choices from day one."
Namely Analytics comes at a key time in the company's growth. After the launch of Time Management and Managed Services earlier this year, Namely will soon cross the 1,000th client mark. Currently, Namely serves nearly 150,000 employees globally, processes $7B in payroll, and has grown to over 350 employees internally.
Namely is the first HR platform that employees actually love to use. Namely's powerful, easy-to-use technology allows companies to handle all of their HR, payroll, time management, and benefits in one place. Coupled with dedicated account support, every Namely client gets the software and service they need to deliver great HR and a strong, engaged company culture.
Namely is used by over 900 clients with nearly 150,000 employees globally. Headquartered in New York City, the company has raised $157.8 MM from leading investors, including Altimeter Capital, Scale Capital, Sequoia Capital, Matrix Partners, and True Ventures. For more information, visit www.namely.com.
SOURCE Namely, Inc.