SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Business, Banking, Investment, Insurance(Banking & Investments)
Filter PR by
  
Bayzat's HR Solutions Empower Saudi Companies
 
Bayzat's HR Solutions Empower Saudi Companies

Jeddah:  In Saudi Arabia, Bayzat’s integrated HR platform is revolutionizing the work-life experience for organizations, bringing efficiency to business operations and transformative benefits for employees.
 
Through a single platform, HR, Payroll & Employee Benefits platform companies can invest in the well-being and health of their employees and create a world-class employee experience that enhances their productivity and loyalty.
 
Talal Bayaa, the CEO and Co-Founder of Bayzat, said: “Bayzat is an all-in-one HR, payroll, insurance and employee benefits platform that will benefit employers and employees across Saudi Arabia. We are redefining the way work works for the better, making a world class employee experience a possibility for all businesses.”
 
The application facilitates employees’ overall experience with their organization — from managing their data to automatically updating their shifts and payroll with official holidays. Moreover, employees can upload all types of documents such as the approval of vacations, without the need to email HR, saving time on the part of both the employees and the HR official, who could miss the email or have further delays in the approval process.
 
Bayzat keeps employees informed of the latest company updates, especially in the event of sudden changes. 
 
Digital Transformation
 
According to the International Data Corporation (IDC) report, spending on digital transformation in the Middle East, Turkey, and Africa is expected to reach $74 billion by 2026 (a rise of 16%). While some cloud providers such as AWS, Microsoft, and Google have established their presence in the GCC, others are fast expanding in the region.
 
With the rapid digital transformation underway in the Kingdom as in the rest of the region, traditional methods of managing human resources and payroll operations such as Microsoft Excel, etc. are all fast becoming a thing of the past. Spreadsheets are cumbersome, time-consuming, and open to the risk of human errors due to manual entry.
 
With increased spending on digitization in all sectors, HR systems have also undergone a marked change, increasingly relying on digital solutions and local applications.
 
Smart Applications
 
Because of almost zero errors, easy access, and seamless communications with HR, employees using smart apps are achieving superior results in terms of productivity and engagement, and the knock-on effect is enhancing overall customer satisfaction.
 
A recent study indicates that 87% of Saudi organizations have embraced digital transformation to achieve their goals and 91% of them said they realize the value of sustainability as a business goal. The study said that 90% of employees believe that easy communication with HR enhances their focus and mental health, increasing their engagement and motivation levels, and making them far more productive. 
 
Time Management
 
Bayzat saves time and enhances efficiency in work processes by leveraging local digital solutions for HR, Payroll, and Employee Benefits. The use of local smart applications such as Bayzat saves HR time by 63%, giving managers more time to focus on the part of their job they love most – their people.
 
Compliance with Saudi laws
 
The Bayzat platform is fully compliant with Saudi labor laws. The platform collects and organizes data, reducing the burden on compliance audit teams, and keeping pace with changes in local laws and regulations, giving it an edge over its global counterparts.
 
The development of digital solutions has made the existence of a local system applied in companies a necessity, in order to secure them from the risk of non-compliance with the work system and local regulations. 
 
Achieving sustainability
 
The presence of localized digital platforms for HR is also in line with companies’ sustainability goals. Platforms like Bayzat facilitate communications with employees, enhancing their levels of engagement within the organization and driving positive results. This in turn enables companies to achieve sustainable growth while attracting the best talents.
 
Global HR solutions providers, on the other hand, take a longer time to adapt to the Saudi HR culture and laws, thus proving less cost-efficient and effective in the Saudi context.

 


Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 8418 times
PR Category : Banking & Investments
Posted on : Tuesday, March 21, 2023  5:31:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Previous Story : Bab Rizq Jameel Celebrates Graduation of the first Cohort of...
Next Story : Testament to its Success Evolution, MBRU Granted Four More Y...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Slay the sun-kissed girl makeup look: Your Ultimate Guide [35557-Views]
Catrice Cosmetics Introduces the Clean Girl Makeup Look with New Essentials! [34073-Views]
Hysek reveals iconic timepieces at Watches & Wonders 2024 [33970-Views]
Ogilvy Appoints Antonis Kocheilas Global Chief Transformation Officer [25442-Views]
Catrice Unveils the Spring/Summer 2024 Collection: Introducing Shine Bomb Lip Lacquer! [24267-Views]
POCO Sets New Standard with Global Launch of F-Series in Dubai [19874-Views]
Unleash Your Inner Royalty with "Call me Queen" Dramatic False Lash Effect Mascara by esse... [19873-Views]
Ground Handling Priorities: Safety, Global Standards and Sustainability [18777-Views]
UAE Ministry of Finance Participated in 2024 IsDB Group Annual Meetings [17793-Views]
Panasonic Announces FY24 Business Strategy For Sustained Growth in Middle East and Africa [16222-Views]
Packed crowds flock to Friday's races at the AlUla Camel Cup 2024 [14867-Views]
Geopolitical stability, inclusive growth, energy security under spotlight in Riyadh at World Economi... [14527-Views]
WFP News Video: WFP Warns Unprecedented Drought and Floods Causing Surge in Climate Related Hunger [14251-Views]
UAE Ministry of Finance Meets with Government Expenditure and Projects Efficiency Authority of Saudi... [14158-Views]
WEF Special Meeting concludes in Riyadh with world leaders calling for clear, irreversible path to p... [13867-Views]
Air Cargo Demand Continues Strong Growth into Q2 [13371-Views]
HMH Achieves Impressive Expansion in KSA, Adding Over 1,000 Rooms [13330-Views]
Hunger Hotspots Report: Famine Looms In Gaza While Risk Of Starvation Persists In Sudan, Haiti, Mali... [12940-Views]
Your Dream Wedding Awaits at The Hotel Galleria Jeddah, Curio Collection by Hilton this May [12918-Views]
Al Masaood Bergum Showcases Innovative Modular Solutions at Saudi Giga Projects 2024 & MENA Construc... [12870-Views]
 
RSS Facebook Twitter LinkedDin SaudiArabiaPR.com on Instagram
 
Top Sections
 
Top Stories