ANZ giving business customers free access to Employment Hero
The Big Four lender wanted to "go beyond the services of a traditional bank" to help Aussie small businesses.
A new collaboration between cloud-based human resources platform Employment Hero and ANZ will see the bank's customers get free access to the software.
Employment Hero is designed for small- to medium-sized businesses and offers cloud-based management of all aspects of HR: scheduling, payroll, performance management, employee benefits and financial services.
Speaking to the AFR, managing director of corporate and commercial nanking Mark Hand said this was part of ANZ's goal to be a "hub".
"If we can solve problems for customers, they will bank with us. It is not about just being a bank, but [also] a business partner," he said.
This new offering is part of ANZ's plan to support businesses beyond the services of a traditional bank.
“Without effective HR management, businesses are exposed to losing valued employees or breaching compliance requirements. Staying on top of the administration can not only cost them money and time, but can also take business owners away from growing their business," he said.
“This platform contains everything an employer needs to recruit, manage, pay and engage their workforce in a simple cloud solution.”
Employment Hero's founder and CEO Ben Thompson said this latest collaboration was part of the company's aim to help small businesses.
"Our goal is to support 10,000 individual businesses by 2020. The ability to deliver Employment Hero to business owners through ANZ’s business bankers and their many other distribution channels is really exciting,” he said.
ANZ business customers won't have to wait long to get access, with an "early 2017" launch date planned.