Namely is a comprehensive, cloud-based human resources (HR) platform designed specifically for small and mid-sized businesses. Here’s an overview of what the product does and its key features:
What Namely Does
Namely unifies various components of HR management, including payroll, talent management, benefits administration, and compliance, into a single, integrated platform. This all-in-one solution aims to streamline HR processes, reduce administrative burdens, and enhance employee engagement.Key Features and Functionality
HR Information Management
Namely provides a centralized system for managing employee information, including personal details, job roles, and compensation. It offers tools for employee onboarding, offboarding, and ongoing management, ensuring compliance and efficiency throughout the employee lifecycle.Payroll Management
The platform includes robust payroll functionality, allowing companies to handle payroll processing, tax filing, and wage garnishment administration. It also offers a managed payroll service, where a dedicated specialist can handle payroll management, freeing up time for other business activities.Benefits Administration
Namely simplifies the administration of employee benefits by enabling easy enrollment, management, and tracking of benefit plans. This includes health insurance, dental, vision, and life insurance, among others. The platform also provides tools for open enrollment and benefits consulting.Talent Management
The platform encompasses recruitment and applicant tracking, performance management, and career development tools. It facilitates posting job openings, managing applicants, conducting interviews, and onboarding new hires efficiently. Additionally, it includes features for employee recognition, performance reviews, and goal-setting to keep the workforce connected and motivated.Time and Attendance
Namely offers tools for tracking time off, attendance, and hours worked, which can be seamlessly integrated into payroll data. This ensures accurate and efficient time management, accessible both from the office and on the move.Compliance
The platform is equipped with robust compliance features, including a compliance library, handbook wizard, OSHA logs, and anonymous employee reporting. These tools help businesses stay on top of constantly changing regulatory requirements.Analytics and Reporting
Namely provides analytics and ad hoc reporting capabilities, allowing HR teams to turn data into actionable business results. This helps inform strategic decisions and gain leadership support.User Experience
The platform is known for its intuitive and user-friendly interface, which brings all HR and payroll information into one place. It includes a company newsfeed, unlimited self-service workflows, and a mobile app to enhance the employee experience.Customization and Scalability
Namely is designed to be configurable and scalable, ensuring it can meet the unique needs of each business. It offers an open API and a robust partner network with delivered integrations, allowing businesses to pull in the data they need to streamline their processes.Support
The platform provides comprehensive support, including hands-on help with data migration, a dedicated service pod, and a robust Help Community. This ensures that clients have the assistance they need at every step.In summary, Namely is a versatile HR platform that integrates various HR functions into a single system, making it an ideal solution for small and mid-sized businesses looking to streamline their HR operations and improve employee engagement.