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TeamLease HRtech partners with Mastercard to digitalize end-to-end employee lifecycle for enterprises – Times of India

TeamLease HRtech has partnered with Mastercard, a global payments & technology company, to develop a SaaS-based HCM platform for SMEs and Enterprise businesses. The platform will streamline the entire employee life cycle, from pre-hire to post-retire, with a focus on compliance. The platform offers Payroll Management, Workforce Administration, Talent Acquisition, Benefits Administration, and Compliance, all on one platform. This is made possible with the help of the advanced technology of TeamLease HRtech. This partnership will make the HR process more efficient and accessible for businesses.
With the new partnership, TeamLease HRtech plans to provide businesses with a mobile-first Human Capital Management (HCM) solution. It eliminates the need for third-party vendors and provides a comprehensive HCM experience. By focusing on employee experience, engagement, satisfaction, and efficiency, the platform will help businesses to maximize the potential of their human capital. As a one-stop solution for all HCM needs, TeamLease HRtech will provide businesses with the tools and resources to create a productive and modern workplace.
By joining forces, Business Mastercard holders are now able to get discounts on TeamLease HRtech monthly and annual subscriptions.
TeamLease HRtech is aHR Technology company with more than 2 million unique employees utilizing the HCM platform. It processes 100 million transactions every month for over 4000 customers, covering a broad range of employee lifecycle modules from pre-employment to retirement. The cloud-based HCM platform is powered by AI, VR, Meta, and ML technologies to improve employees’ experience and engagement. Moreover, TeamLease HRtech has developed zero-touch ATS, one-touch payroll, regtech, and edtech modules that help customers run automated payroll, benefits, workforce management, and compliance operations with last-mile delivery.
“We consider employees the backbone of any business. This alliance is one of our many steps to enable SMEs and Enterprises to strengthen their human capital with increased productivity and profitability. We are happy that Mastercard is joining hands with us in empowering its clientele with an excellent employee experience,” says Sumit Sabharwal, CEO of TeamLease HRtech.

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