India 29th August 2024: ANSR, the market leader in developing strategic Global Capability Centers (GCCs), today announced the acquisition of hrEntries, a premier Human Capital Management system (HCM) platform, in an all-stock deal. This acquisition seamlessly integrates with ANSR’s core business strategy and expands its suite of technology solutions, providing clients with a comprehensive end-to-end platform for global team management.
hrEntries adds to ANSR’s “GCC SuperApp” stack, a comprehensive technology platform providing Talent, Workspace, HR Ops and Payroll solutions to enable the world’s best businesses in building and managing Global Centers efficiently. This strategic move reinforces ANSR’s commitment to delivering innovative solutions that enable organizations to scale and run a Global Center rapidly and effectively.
Sharad Deshpande, a seasoned technology leader and entrepreneur, founded hrEntries with a wealth of experience in leading and commercializing software products for major global B2B brands across various industries. Driven by a deep passion for creating high-performance, modern products for international markets, Sharad successfully steered hrEntries from its inception to full commercialization. Under his leadership, the company has delivered an exceptional employee experience through a unified platform that simplifies HR operations and eliminates the need for multiple, disparate solutions.
Vikram Ahuja, Co-Founder, ANSR and CEO, Talent500, said: “As Global Capability Centers rapidly emerge as a key strategic priority for global businesses, we are excited to expand our GCC SuperApp stack and focus on delivering exceptional experiences for our customers and GCC employees. The acquisition of hrEntries, now rebranded as Rise, aligns perfectly with our goal to simplify GCC operations and provide transparency, flexibility and control to our customers in how their global centers run and operate.
hrEntries will be rebranded as Rise, joining ANSR’s comprehensive platform of AI-led talent solutions, including Talent500, Leap and Loop. hrEntries/Rise offers unified solution for digital onboarding and offboarding, payroll management, benefits administration, expense tracking and contract management. This integration streamlines HR operations, empowering organizations to manage global teams more effectively and achieve greater success.
Talent500 is a 2.5M+ strong community of GCC professionals while Leap is an AI-powered sourcing, screening and workflow management tool. Loop delivers continuous candidate engagement and employer branding activities, enhancing retention.
AI-Powered Efficiency
At the core of this acquisition is the integration of artificial intelligence into global team management. The AI-driven HCM platform delivers advanced capabilities, including:
- Intelligent Employee Engagement: Conversational interfaces that enhance communication and support employee interaction.
- Predictive Analytics: Insights into workforce productivity and integration, essential for the success of global Centers.
- Automated Compliance Checks: Ensuring adherence to international labor laws through smart compliance tools.
- Smart Onboarding Processes: Customizable onboarding experiences that adapt to each employee’s role and location.
By leveraging these AI-powered features, ANSR aims to drive efficiency and innovation in global team management, helping organizations navigate the complexities of international operations with ease.”Joining forces with ANSR and becoming part of their comprehensive talent solutions suite is a transformative milestone for us. Our AI-powered solutions are designed to revolutionize the HR experience, enabling companies to seamlessly onboard, manage, and engage their global workforce. This integration is a testament to our unwavering commitment to driving innovation and excellence in HR operations, helping businesses attract and retain the best talent in the industry,” said Sharad Deshpande, Founder of hrEntries.