Palm.hr Secures $5M to Expand Into the MENA Region

Schrems soon realized that the tech-solutions he was looking for were available all over the world, and that by simply switching to a global platform he could be integrating different solutions into one cohesive system. This allowed his clients to save time and money by being able to remotely access different resources and streamline communication across their huge teams.

Shrems said he found that many HR software products aimed at employees were too complex, with features focused on making life easier for HR managers, but little regard for the ease of use by employees. This makes adoption difficult, particularly for smaller businesses.

In order to remain competitive and keep up with current technologies, many HR tech providers are investing in better user experience or incorporating remote working into their systems. However, despite this recent trend, there is still a significant dissatisfaction among respondents with current HR tech providers. Half of the respondents said they plan to change their systems for new technologies that offer better user experience and take remote working into consideration. This indicates that employees are looking for more seamless technology experiences when it comes to managing their work and personal lives- something that HR technology providers should continue to focus on in order to meet the needs of their customers.

What makes Palm.hr stand out is its focus on artificial intelligence and machine learning, which it uses to analyze employee data in order to identify and prevent potential HR issues. Its proprietary algorithms are said to be 80% accurate, compared to a 50% accuracy rate for traditional HR software. By automating HR processes, Palm.hr has created a streamlined workflow that is said to save the company time and money.

With its focus on the Arab world, Dabke piqued the interest of those in the region and outside of it. Following a series A funding round that has brought in $5 million from Europe-based VC Speedinvest and others, it plans to expand to Egypt and the UAE while doubling down on Saudi Arabia. This indicates how important these markets are to Dabke, as they seek opportunities to grow their business further.

With a mission to improve employee experience and transform HR tech, Wabi is pioneering the way in the Middle East and North Africa. Their mobile-first design approach ensures that employees have access to the information they need, when they need it, on their own terms. This innovative platform is helping shape the future of HR in these regions, making work more efficient and effective for everyone involved.

Palm.hr raises $5 million pre-Series A funding.

Palm.hr is a revolutionary mobile-first HR solution that streamlines HR management for small businesses. With Palm.hr, employers can efficiently manage employee records, reviews, and notifications with the help of a courteous customer service team. Plus, employees can access important information anytime and anywhere via the Palm.hr app

Palm.hr plans to provide an online platform for HR professionals in the MENA region, with a focus on attracting and retaining top talent. The company has an excellent team of developers and has already integrated with numerous HR software providers. Palm.hr is well-positioned to become the go-to platform for recruiters and employees in the region, and its investors are confident that it will be a success.

Since it was founded in 2004, Palm.hr has been helping businesses automate payroll, communication between staff, and other HR functions. Employee self-service features make it easy for workers to keep track of their leave and attendance records, as well as their performance ratings. This makes it simple for employers to comply with local labor laws and regulations while managing HR tasks efficiently.

When palm.hr first entered the Saudi market, it was a popular choice for employee management due to its integrative capabilities with government services. Today, palm.hr’s strong integration with government services has helped it dominate the market and make it easier for employees to receive their entitlements.

With palm HR, you can also integrate with the government systems to provide a more efficient and streamlined experience for your employees. For example, you can apply for visas and social insurance through our platform. Additionally, palm HR provides a centralized location to manage all of your payroll needs. This allows you to easily process payments, track employee movements, and keep tabs on health information in one place.

With so many new additions to the company’s roster of products and services, it seems as though there is no end to what this company can do to help its employees fulfill their needs. Whether it’s easy access to loans, asset-financing, or insurance products, this business seems dedicated to giving its employees everything they need in order to be successful.

At Palm.hr, we want to make it easy for our employees to manage their finances and protect themselves from accidents and health risks. We believe that the combination of HR-tech and fintech can do just that, providing employees with an all-in-one solution to a variety of tasks. This will make palm.hr part of employees’ everyday lives, making it easier for them to get things done and stay on top of their responsibilities

Palm.hr is confident in its product as it expands into more markets, expecting the HR technology market to grow at a rapid pace. New products and features will help attract new customers and participants in the market. By 2028, Palm.hr is likely to account for a sizeable portion of this market, which is set to experience significant growth over the next decade.

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Ava Patel

Ava Patel is a cultural critic and commentator with a focus on literature and the arts. She is known for her thought-provoking essays and reviews, and has a talent for bringing new and diverse voices to the forefront of the cultural conversation.

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