Singapore-based workforce management solution company StaffAny has made its first significant deployment of its recent US$3.4 million (S$ 4.6 million) Series A, launching the Start Up Plan providing digital HR and operations to startups with up to 25 employees, for free.
The plan is available free for all businesses within their first year of operation. Startups can be from any sector, but brick-and-mortar businesses such as restaurants, retailers, clinics and field services, characterized by shift work, are sectors that will benefit most.
The solution is specially designed to help young businesses scale and grow. With this plan, startups can digitise their operations and increase manpower efficiency, reducing the time spent on workforce management, and operational costs, while gaining business visibility.
According to McKinsey, digitising information-intensive processes can cut operational costs by up to 90% while CNBC said that 60% of new businesses fail within the first two years due to poor staff management and resource planning.
A key reason behind this is the lack of experience, time and visibility to digitize and automate operations. This leads to inaccuracies in attendance, wrong shift assignments, time theft, excessive overtime payments and more, ultimately increasing costs, StaffAny said in a statement.
“As the pandemic wanes, the startup ecosystem needs to be ready for recovery. Young companies often lack time and experience to digitise and automate. With our Start Up Plan, we help businesses manage their operations and free up time to concentrate on what matters the most – optimizing and growing the company,” said Janson Seah, CEO & co-founder of StaffAny.
Available on both mobile and web, the Start Up plan helps businesses optimise their operational scheduling, manage staff leave with real time updates and automate time tracking and time sheet consolidation.
“Using the Start Up plan saved us an incredible amount of time, from manually inputting details into excel spreadsheets, counting the hours to ensure accuracy and matching the clock-in hours. It also saves us the massive headache of having to think through how to plan with information displayed cleanly and accurately in just one place. I highly recommend small businesses take advantage of this to increase their productivity and lessen their mental strain”, said Wei Jian, Owner of Covet Coffee
In addition to receiving best practices of how to manage labour cost and improve labour productivity, startups that employ hourly workers will also receive community support and a full scholarship on StaffAny’s leading workforce management software until they scale up.
Since its launch in 2018, the StaffAny workforce management application has tracked over 20 million employee hours and helped to save more than 650,000 man hours. In 2021 alone, it tracked over 11 million employee hours and helped to save more than 350,000 man hours.
The plan complements StaffAny’s existing offerings – Growth and Scale plans. The Growth plan is suitable for businesses with multiple outlets through its multi outlet-scheduling, time tracking and labor cost reduction features. The Scale plan is best for businesses looking to automate and grow via a data driven approach. Through its advanced features, the Scale Up plan offers greater visibility on labor productivity and deeper benefits for leave management, scheduling and time tracking.
The platform also has integrated workflows with contact tracing apps – TraceTogether (in Singapore) and MySejahtera (in Malaysia) – to support businesses struggling with COVID-19 restrictions. The app simplified clock-in compliance and contact tracing of employees, testing reminders for staff to conduct their ART tests, as well as updates on staff’s vaccination status. StaffAny is currently developing a new product to enhance employee engagement and help businesses improve employee performance and retain valued employees.
The StaffAny application is available worldwide and has over ten thousand users. With majority of its customers in Singapore, Malaysia and Indonesia, the company also provides services in Brunei, Thailand, Latvia, Japan, Korea, Hong Kong and Taiwan.
