SlideShare a Scribd company logo
1 of 39
Convergence 
Payroll, HRIS, and TLM are coming together 
– what it means for you
Contents 
A brief history of Convergence 
Convergence in our industry 
The challenge of the SMB market 
Industry landscape 
How Infinity can help you win 
KISS
Did you buy one of these? 
1973: 
First Handheld mobile phone
Or one of these? 
1997: 
Palm Pilot Launched 
30 Million Sold
Or maybe one of these? 
1999: 
Blackberry Launched 
Mobile Email 
80 Million Sold
The Power of Convergence 
+ + = 
iPhone: 500 Million Sold and Counting
The Magic of Television
The VCR: A Cool Invention 
Mass marketed in 1975. 
How often did you record and re-play shows?
The Power of Convergence 
+ = 
DVR: Integrated capabilities led to 
widespread adoption
Convergence in Our Industry– 
August 17, 2006
Convergence in Our Industry– 
September 13, 2007
Our Industry 
Competitor Product V Rating 
Others: Paycor, Ultimate, Ascentis, etc…
Why do consumers want convergence? 
• Ease of use 
• Centralization of data 
– Avoid files, imports/exports 
– Eliminate “multiple systems of record”’ 
• Better visibility and reporting 
• Cost savings 
– “Best of Breed” vs “Suite Approach”
I know you must get it… 
Scottsdale Weather Report 
Wednesday, September 3rd, 2014 
http://youtu.be/qXdmTtk1Mm4
The SMB Market 
• Small Business = <100 
employees 
• Medium Business= 100 to 1,000 
employees
Target Market Convergence 
Challenge of going 
down-market 
Challenge of 
going up-market
Characteristics of the SMB Market 
• Relatively small HR budget 
• Limited HR resources 
– E.g., HR generalist vs specialists (benefits, payroll, etc) 
• Everyone is “very busy” 
• Desire “Best of Breed” functionality
Best of Breed Desires
Golden Retriever Solution
IT Implementation Challenges (I) 
40% 
-- According to IBM, the percentage of projects 
that meet schedule, budget, and quality goals
Yogi- ism (I) 
“You’ve got to be very careful if you don’t 
know where you’re going, because you 
might not get there.”
IT Implementation Challenges (II) 
50% | 60% | 60% 
-- IT implementations with cost over-runs, delays, and lack 
of value, according to Panorama Consulting
Yogi- ism (II) 
“We made too many wrong 
mistakes.”
IT Implementation Challenges (III) 
49% | 35% | 44% 
-- Client satisfaction with meeting business needs, 
employee engagement, and overall experience, 
according to Panorama Consulting
Yogi- ism (III) 
“You can observe a lot by 
watching.” 
“It’s not too far, it just 
seems like it is.” 
“When you come to the 
fork in the road, take it.”
Common SMB Pitfalls and Solutions 
Pitfalls 
• Lack of client resources / focus 
• Unrealistic expectations 
– i.e., customizations 
• Unwilling to change 
• Owning the data 
– Integration and sync 
complications 
Solutions 
• Identify strong client point person, 
phased-approach with “quick wins” 
• Set realistic expectations, pick the 
right prospects and clients 
• Focus on goal, not on method 
• Client point person needs to be 
comfortable with data or have 
resource that is
We are all Yogis 
• Yogi was small in stature– 
– 5ft, 7 inches tall 
• Yogi appeared in 14 World Series 
and won 10 Championships 
• We are small companies, but 
integrated Payroll-HRIS-TLM gets 
us in the game 
– And we can win!
Industry Landscape 
Payroll HRIS TLM 
Sync, Front-end Advanced TLM
HRIS Sales 
• For every 100 demos… 
– 20 wins 
– 20 losses 
– 60 “not todays” 
• How to transition from a “nice to have” to a 
“must have”?
What is FUD?
FUD 
Fear 
Uncertainty 
Doubt
The ACA 
Fear is a Great Motivator
Convergence in Action 
Core HR 
Data 
ACA 
Compliance 
Benefits TLM
Then and Now… 
Then 
Sex sells… 
Now 
Compliance sells…
How Infinity Can Help You Win 
• Integrations with Millennium and Evolution 
• Partner Program 
• New features and initiatives: 
– Advanced TLM 
– ACA Compliance Tools 
– EasyPay front-end (Millennium) 
– Integrations with Aurico and ZipRecruiter (ATS)
KISS
KISS 
Keep 
It 
Simple 
Stupid
A KISS Goodbye 
Pilot with 2-3 of your best clients 
Roll-out an ESS-only program 
The sync– focus on payroll specialist 
Identify your HRIS expert 
Engage in our Partner Program
Questions?

More Related Content

Similar to Importance one stop_hris_payroll_solution (phil lamb)

How technology defines Marketing’s ultimate destiny within the enterprise
How technology defines Marketing’s ultimate destiny within the enterpriseHow technology defines Marketing’s ultimate destiny within the enterprise
How technology defines Marketing’s ultimate destiny within the enterpriseGerry Brown
 
HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...
HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...
HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...The HR Observer
 
The Marketing Automation Blueprint for Success
The Marketing Automation Blueprint for SuccessThe Marketing Automation Blueprint for Success
The Marketing Automation Blueprint for SuccessAct-On Software
 
Land, Expand, Explode: How to Win the Long-Game in SaaS with Egnyte
Land, Expand, Explode: How to Win the Long-Game in SaaS with EgnyteLand, Expand, Explode: How to Win the Long-Game in SaaS with Egnyte
Land, Expand, Explode: How to Win the Long-Game in SaaS with Egnytesaastr
 
How to create sales excellence and implement strategy - Mercuri International
How to create sales excellence and implement strategy - Mercuri InternationalHow to create sales excellence and implement strategy - Mercuri International
How to create sales excellence and implement strategy - Mercuri InternationalMercuri International
 
The Redcurrant India Company Profile
The Redcurrant India Company ProfileThe Redcurrant India Company Profile
The Redcurrant India Company ProfileSathyam Joshi
 
Partnering with the big boys
Partnering with the big boysPartnering with the big boys
Partnering with the big boysDonagh Kiernan
 
Big Data and Innovation
Big Data and InnovationBig Data and Innovation
Big Data and InnovationTAH Ltd
 
ISCI 2015 Successful Lean Project Management
ISCI 2015 Successful Lean Project ManagementISCI 2015 Successful Lean Project Management
ISCI 2015 Successful Lean Project ManagementBrian Harrington
 
ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...
ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...
ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...Arno Kapteyn
 
Sales Excellence
Sales ExcellenceSales Excellence
Sales ExcellenceKen Lachine
 
Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...
Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...
Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...Kallidus
 
Pitching the Plan - Nutter McClennen & Fish LLP
Pitching the Plan - Nutter McClennen & Fish LLPPitching the Plan - Nutter McClennen & Fish LLP
Pitching the Plan - Nutter McClennen & Fish LLPJeremy Halpern
 
Increase Your Company's Value: Use the Value Multiplier
Increase Your Company's Value:  Use the Value MultiplierIncrease Your Company's Value:  Use the Value Multiplier
Increase Your Company's Value: Use the Value MultiplierOpenMatters
 
SMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptx
SMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptxSMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptx
SMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptxStellaNguyen22
 

Similar to Importance one stop_hris_payroll_solution (phil lamb) (20)

How technology defines Marketing’s ultimate destiny within the enterprise
How technology defines Marketing’s ultimate destiny within the enterpriseHow technology defines Marketing’s ultimate destiny within the enterprise
How technology defines Marketing’s ultimate destiny within the enterprise
 
HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...
HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...
HR Summit and Expo Africa 2015 - Integrated hiring solutions to streamline an...
 
7 domains.ppt
7 domains.ppt7 domains.ppt
7 domains.ppt
 
7 domains.ppt
7 domains.ppt7 domains.ppt
7 domains.ppt
 
Business plan presentation
Business plan presentationBusiness plan presentation
Business plan presentation
 
The Marketing Automation Blueprint for Success
The Marketing Automation Blueprint for SuccessThe Marketing Automation Blueprint for Success
The Marketing Automation Blueprint for Success
 
Land, Expand, Explode: How to Win the Long-Game in SaaS with Egnyte
Land, Expand, Explode: How to Win the Long-Game in SaaS with EgnyteLand, Expand, Explode: How to Win the Long-Game in SaaS with Egnyte
Land, Expand, Explode: How to Win the Long-Game in SaaS with Egnyte
 
How to create sales excellence and implement strategy - Mercuri International
How to create sales excellence and implement strategy - Mercuri InternationalHow to create sales excellence and implement strategy - Mercuri International
How to create sales excellence and implement strategy - Mercuri International
 
Business case of IBM
Business case of IBMBusiness case of IBM
Business case of IBM
 
The Redcurrant India Company Profile
The Redcurrant India Company ProfileThe Redcurrant India Company Profile
The Redcurrant India Company Profile
 
Market 2019
Market 2019Market 2019
Market 2019
 
Partnering with the big boys
Partnering with the big boysPartnering with the big boys
Partnering with the big boys
 
Big Data and Innovation
Big Data and InnovationBig Data and Innovation
Big Data and Innovation
 
ISCI 2015 Successful Lean Project Management
ISCI 2015 Successful Lean Project ManagementISCI 2015 Successful Lean Project Management
ISCI 2015 Successful Lean Project Management
 
ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...
ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...
ISACA IT GRC Conference 2008 Creating Business Value by means of Stakeholder ...
 
Sales Excellence
Sales ExcellenceSales Excellence
Sales Excellence
 
Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...
Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...
Check out how Iceland, Lloyds Bank & Cathay Pacific took a "Candidate-First" ...
 
Pitching the Plan - Nutter McClennen & Fish LLP
Pitching the Plan - Nutter McClennen & Fish LLPPitching the Plan - Nutter McClennen & Fish LLP
Pitching the Plan - Nutter McClennen & Fish LLP
 
Increase Your Company's Value: Use the Value Multiplier
Increase Your Company's Value:  Use the Value MultiplierIncrease Your Company's Value:  Use the Value Multiplier
Increase Your Company's Value: Use the Value Multiplier
 
SMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptx
SMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptxSMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptx
SMBWebinar-GrowYourRevenueAndProfitsThroughManagedServices.pptx
 

More from Infinity Software Solutions

Importance one stop_hris_payroll_solution-phil-lamb
Importance one stop_hris_payroll_solution-phil-lambImportance one stop_hris_payroll_solution-phil-lamb
Importance one stop_hris_payroll_solution-phil-lambInfinity Software Solutions
 
Technology Law: Regulations on the Internet and Emerging Technologies
Technology Law: Regulations on the Internet and Emerging TechnologiesTechnology Law: Regulations on the Internet and Emerging Technologies
Technology Law: Regulations on the Internet and Emerging TechnologiesInfinity Software Solutions
 
Payroll integration millennium (jennifer mc_cray)
Payroll integration millennium (jennifer mc_cray)Payroll integration millennium (jennifer mc_cray)
Payroll integration millennium (jennifer mc_cray)Infinity Software Solutions
 
Ats employee screening_aurico (luis solis & matt siegal)
Ats employee screening_aurico (luis solis & matt siegal)Ats employee screening_aurico (luis solis & matt siegal)
Ats employee screening_aurico (luis solis & matt siegal)Infinity Software Solutions
 

More from Infinity Software Solutions (9)

Importance one stop_hris_payroll_solution-phil-lamb
Importance one stop_hris_payroll_solution-phil-lambImportance one stop_hris_payroll_solution-phil-lamb
Importance one stop_hris_payroll_solution-phil-lamb
 
Payroll integration millennium-jennifer-mc_cray
Payroll integration millennium-jennifer-mc_crayPayroll integration millennium-jennifer-mc_cray
Payroll integration millennium-jennifer-mc_cray
 
Technology Law: Regulations on the Internet and Emerging Technologies
Technology Law: Regulations on the Internet and Emerging TechnologiesTechnology Law: Regulations on the Internet and Emerging Technologies
Technology Law: Regulations on the Internet and Emerging Technologies
 
Service bureau wins_losses (steve whittier)
Service bureau wins_losses (steve whittier)Service bureau wins_losses (steve whittier)
Service bureau wins_losses (steve whittier)
 
Performance mgmt best_practices (john austin)
Performance mgmt best_practices (john austin)Performance mgmt best_practices (john austin)
Performance mgmt best_practices (john austin)
 
Payroll integration millennium (jennifer mc_cray)
Payroll integration millennium (jennifer mc_cray)Payroll integration millennium (jennifer mc_cray)
Payroll integration millennium (jennifer mc_cray)
 
Partner certification program (mario orellana)
Partner certification program (mario orellana)Partner certification program (mario orellana)
Partner certification program (mario orellana)
 
Implementing infinity hr (katie cuthriell)
Implementing infinity hr (katie cuthriell)Implementing infinity hr (katie cuthriell)
Implementing infinity hr (katie cuthriell)
 
Ats employee screening_aurico (luis solis & matt siegal)
Ats employee screening_aurico (luis solis & matt siegal)Ats employee screening_aurico (luis solis & matt siegal)
Ats employee screening_aurico (luis solis & matt siegal)
 

Importance one stop_hris_payroll_solution (phil lamb)

  • 1. Convergence Payroll, HRIS, and TLM are coming together – what it means for you
  • 2. Contents A brief history of Convergence Convergence in our industry The challenge of the SMB market Industry landscape How Infinity can help you win KISS
  • 3. Did you buy one of these? 1973: First Handheld mobile phone
  • 4. Or one of these? 1997: Palm Pilot Launched 30 Million Sold
  • 5. Or maybe one of these? 1999: Blackberry Launched Mobile Email 80 Million Sold
  • 6. The Power of Convergence + + = iPhone: 500 Million Sold and Counting
  • 7. The Magic of Television
  • 8. The VCR: A Cool Invention Mass marketed in 1975. How often did you record and re-play shows?
  • 9. The Power of Convergence + = DVR: Integrated capabilities led to widespread adoption
  • 10. Convergence in Our Industry– August 17, 2006
  • 11. Convergence in Our Industry– September 13, 2007
  • 12. Our Industry Competitor Product V Rating Others: Paycor, Ultimate, Ascentis, etc…
  • 13. Why do consumers want convergence? • Ease of use • Centralization of data – Avoid files, imports/exports – Eliminate “multiple systems of record”’ • Better visibility and reporting • Cost savings – “Best of Breed” vs “Suite Approach”
  • 14. I know you must get it… Scottsdale Weather Report Wednesday, September 3rd, 2014 http://youtu.be/qXdmTtk1Mm4
  • 15. The SMB Market • Small Business = <100 employees • Medium Business= 100 to 1,000 employees
  • 16. Target Market Convergence Challenge of going down-market Challenge of going up-market
  • 17. Characteristics of the SMB Market • Relatively small HR budget • Limited HR resources – E.g., HR generalist vs specialists (benefits, payroll, etc) • Everyone is “very busy” • Desire “Best of Breed” functionality
  • 18. Best of Breed Desires
  • 20. IT Implementation Challenges (I) 40% -- According to IBM, the percentage of projects that meet schedule, budget, and quality goals
  • 21. Yogi- ism (I) “You’ve got to be very careful if you don’t know where you’re going, because you might not get there.”
  • 22. IT Implementation Challenges (II) 50% | 60% | 60% -- IT implementations with cost over-runs, delays, and lack of value, according to Panorama Consulting
  • 23. Yogi- ism (II) “We made too many wrong mistakes.”
  • 24. IT Implementation Challenges (III) 49% | 35% | 44% -- Client satisfaction with meeting business needs, employee engagement, and overall experience, according to Panorama Consulting
  • 25. Yogi- ism (III) “You can observe a lot by watching.” “It’s not too far, it just seems like it is.” “When you come to the fork in the road, take it.”
  • 26. Common SMB Pitfalls and Solutions Pitfalls • Lack of client resources / focus • Unrealistic expectations – i.e., customizations • Unwilling to change • Owning the data – Integration and sync complications Solutions • Identify strong client point person, phased-approach with “quick wins” • Set realistic expectations, pick the right prospects and clients • Focus on goal, not on method • Client point person needs to be comfortable with data or have resource that is
  • 27. We are all Yogis • Yogi was small in stature– – 5ft, 7 inches tall • Yogi appeared in 14 World Series and won 10 Championships • We are small companies, but integrated Payroll-HRIS-TLM gets us in the game – And we can win!
  • 28. Industry Landscape Payroll HRIS TLM Sync, Front-end Advanced TLM
  • 29. HRIS Sales • For every 100 demos… – 20 wins – 20 losses – 60 “not todays” • How to transition from a “nice to have” to a “must have”?
  • 32. The ACA Fear is a Great Motivator
  • 33. Convergence in Action Core HR Data ACA Compliance Benefits TLM
  • 34. Then and Now… Then Sex sells… Now Compliance sells…
  • 35. How Infinity Can Help You Win • Integrations with Millennium and Evolution • Partner Program • New features and initiatives: – Advanced TLM – ACA Compliance Tools – EasyPay front-end (Millennium) – Integrations with Aurico and ZipRecruiter (ATS)
  • 36. KISS
  • 37. KISS Keep It Simple Stupid
  • 38. A KISS Goodbye Pilot with 2-3 of your best clients Roll-out an ESS-only program The sync– focus on payroll specialist Identify your HRIS expert Engage in our Partner Program