SynchSource Inc., headquartered in Oakland, California has developed a suite of open source HR, workforce management, benefits, and payroll solutions that are rapidly establishing SynchSource as a market leader in the service bureau software provider marketplace. SynchSource’s fully integrated HR, Benefits, and Payroll platform provides Human Resource Outsourcers (HROs), Professional Employment Organizations (PEOs), Payroll Outsourcers, Benefits Administration Outsourcers, and other related service providers with a SaaS delivery model designed to empower their clients, accommodate client unique requirements without customizations, reduce overall administrative support costs, and provide more value added services at improved margins. The patented time-relational data model and the patented workflow and security engine are at the core of the design of the SynchSource solution.
Core Value Proposition
The SynchSource platform is designed to transform “how work gets done.” It’s a fundamental shift in how processes are executed:
End users update their own information and data and have full visibility to all transactions related to them and their status
Managers have the ability to view, manage, update, and maintain actions related to their workforce, as well as full visibility to its status and where the process is
HR and Client Administrator jobs are transformed from data entry to more value added activities – reviewing, managing, monitoring, analyzing and approving transactions that were initiated in the workplace
In addition to transforming the ”way work gets done”, the SynchSource platform provides service bureaus with the following advantages:
Strong multi-tenant capabilities provide the flexibility clients are asking for without increasing the total ‘cost to serve’
The patented workflow and security model is at the core of the solution and provides for complete automation of administrative functions around security and access to the application – no security maintenance… security updates automatically!
Multi-layer component architecture provides for easy implementation of ever evolving requirements associated with new legislation and compliance requirements
Patented time-relational data model is designed for high performance and real-time analytics embedded within the application
Open source technology stack provides a highly scalable solution at a significantly lower cost than traditional platforms