ERP Insights >> Magazine >> December - 2020 issue
Farsight Technologies: Leading Industry Expert in HR Software Solution
Author : Susheel Sharma, Head of Business Operations
Wednesday, December 23, 2020
The HR software solutions industry is a booming market segment in India with companies both big and small trying to create a niche in the market. Pioneering the Indian HR software solutions market is Farsight Technologies. Owing to their tailor-made solutions and services, the company has been able to create a positive reputation in the industry while at the same time, gain the trust of their clients.
With so little to separate one company from another in the industry, Farsight Technologies has been able to not only stand out from the rest but at the same time evolve into a recognized name within the industry. Founded/Started in 2017, this software solutions company has been able to clock in impressive growth numbers and by evolving with the dynamic market, they have been able to not just meet but also exceeded their clients’ expectations. By operating to offer class-leading services and solutions to their clients, Farsight Technologies has been quickly gaining momentum to become one of the most recognized and reputed names in the Indian HR software solutions market.
Even with more and more companies beginning to enter into the software solutions market, Farsight Technologies is still able to achieve sustained success in the industry owing to their ability to understand the pain points of their customers and then offering bespoke solutions that can address their client’s dilemmas while at the same time streamline their business operations.
Susheel Sharma, Head of Business Operations is proud to add that “Before starting this organization, I have worked in a lot of companies and I know first-hand pain of HR, especially in the manufacturing sector where the employee count is huge. That is when I thought of creating a company that can help the HR personnel to carry out tasks in an efficient manner and offer solutions that can help people become self-dependent in managing their HR related activities and requests. So, we are an IT company that provides HR software, however, you can find a lot of companies which sell ERP solution which are bundled with HR solution. They always have an edge considering that their market share is bigger in comparison to us. So, we as an organization try to look at those customers who need only HR software. In case if they are using ERP, we can also integrate our software with that ERP”.
To cater to all the requirements of their clients, Farsight Technologies has created software solutions that apart from helping their clients do their core HR activities, can also assist in payroll management, travel and expense management and project management.
While most other businesses operating in the sector go with the one size fits all approach, Farsight Technologies is able to make custom changes in their software owing to the fact that each and every software solution they offer are built inhouse and primarily consider the nature of operation of their client. The company also makes sure that they release new versions of their software every year to keep pace and adopt with the changing industry needs.
Owing to the quality of their solutions and services, Farsight Technologies has been able to create an impressive clientele that includes more than 400 companies from different industry verticals. Another key achievement that Farsight Technology is proud to achieve and improve is the capability to compute the salaries of more than a million employees on a monthly basis which is really impressive. Some of the biggest clients working with Farsight Technologies include Relaxo Footwear, MITSUBA, Casio, and Ecom Express.
The HRM software solution space is constantly changing with new trends and technologies introduced into the market on a regular basis and when asked about the future plans of the company, Susheel says, “Going forward, we want to ensure that our clients remain happy as we thrive to continue as a completely customer-centric organization. We also want to upgrade the products that we offer to make the entire installation process and user experience seamless and hassle-free. We also keep upgrading our interfaces and we are working to make sure that in the future our clients don’t need an implementation team to implement the software”.
With all of these achievements and plans being said, we expect Farsight Technology to continue to transform as a dominant player in the HR Software Solutions Market. Most importantly, do not be shocked when the next time you open your company’s HR Portal, it will be Farsight who is providing the solution because sooner or later, we believe it is bound to happen.
Farsight Technologies: Leading Industry Expert in HR Software Solution
Author : Susheel Sharma, Head of Business Operations
Wednesday, December 23, 2020
The HR software solutions industry is a booming market segment in India with companies both big and small trying to create a niche in the market. Pioneering the Indian HR software solutions market is Farsight Technologies. Owing to their tailor-made solutions and services, the company has been able to create a positive reputation in the industry while at the same time, gain the trust of their clients.
With so little to separate one company from another in the industry, Farsight Technologies has been able to not only stand out from the rest but at the same time evolve into a recognized name within the industry. Founded/Started in 2017, this software solutions company has been able to clock in impressive growth numbers and by evolving with the dynamic market, they have been able to not just meet but also exceeded their clients’ expectations. By operating to offer class-leading services and solutions to their clients, Farsight Technologies has been quickly gaining momentum to become one of the most recognized and reputed names in the Indian HR software solutions market.
Even with more and more companies beginning to enter into the software solutions market, Farsight Technologies is still able to achieve sustained success in the industry owing to their ability to understand the pain points of their customers and then offering bespoke solutions that can address their client’s dilemmas while at the same time streamline their business operations.
Susheel Sharma, Head of Business Operations is proud to add that “Before starting this organization, I have worked in a lot of companies and I know first-hand pain of HR, especially in the manufacturing sector where the employee count is huge. That is when I thought of creating a company that can help the HR personnel to carry out tasks in an efficient manner and offer solutions that can help people become self-dependent in managing their HR related activities and requests. So, we are an IT company that provides HR software, however, you can find a lot of companies which sell ERP solution which are bundled with HR solution. They always have an edge considering that their market share is bigger in comparison to us. So, we as an organization try to look at those customers who need only HR software. In case if they are using ERP, we can also integrate our software with that ERP”.
To cater to all the requirements of their clients, Farsight Technologies has created software solutions that apart from helping their clients do their core HR activities, can also assist in payroll management, travel and expense management and project management.
While most other businesses operating in the sector go with the one size fits all approach, Farsight Technologies is able to make custom changes in their software owing to the fact that each and every software solution they offer are built inhouse and primarily consider the nature of operation of their client. The company also makes sure that they release new versions of their software every year to keep pace and adopt with the changing industry needs.
Owing to the quality of their solutions and services, Farsight Technologies has been able to create an impressive clientele that includes more than 400 companies from different industry verticals. Another key achievement that Farsight Technology is proud to achieve and improve is the capability to compute the salaries of more than a million employees on a monthly basis which is really impressive. Some of the biggest clients working with Farsight Technologies include Relaxo Footwear, MITSUBA, Casio, and Ecom Express.
The HRM software solution space is constantly changing with new trends and technologies introduced into the market on a regular basis and when asked about the future plans of the company, Susheel says, “Going forward, we want to ensure that our clients remain happy as we thrive to continue as a completely customer-centric organization. We also want to upgrade the products that we offer to make the entire installation process and user experience seamless and hassle-free. We also keep upgrading our interfaces and we are working to make sure that in the future our clients don’t need an implementation team to implement the software”.
With all of these achievements and plans being said, we expect Farsight Technology to continue to transform as a dominant player in the HR Software Solutions Market. Most importantly, do not be shocked when the next time you open your company’s HR Portal, it will be Farsight who is providing the solution because sooner or later, we believe it is bound to happen.
With so little to separate one company from another in the industry, Farsight Technologies has been able to not only stand out from the rest but at the same time evolve into a recognized name within the industry. Founded/Started in 2017, this software solutions company has been able to clock in impressive growth numbers and by evolving with the dynamic market, they have been able to not just meet but also exceeded their clients’ expectations. By operating to offer class-leading services and solutions to their clients, Farsight Technologies has been quickly gaining momentum to become one of the most recognized and reputed names in the Indian HR software solutions market.
Even with more and more companies beginning to enter into the software solutions market, Farsight Technologies is still able to achieve sustained success in the industry owing to their ability to understand the pain points of their customers and then offering bespoke solutions that can address their client’s dilemmas while at the same time streamline their business operations.
Susheel Sharma, Head of Business Operations is proud to add that “Before starting this organization, I have worked in a lot of companies and I know first-hand pain of HR, especially in the manufacturing sector where the employee count is huge. That is when I thought of creating a company that can help the HR personnel to carry out tasks in an efficient manner and offer solutions that can help people become self-dependent in managing their HR related activities and requests. So, we are an IT company that provides HR software, however, you can find a lot of companies which sell ERP solution which are bundled with HR solution. They always have an edge considering that their market share is bigger in comparison to us. So, we as an organization try to look at those customers who need only HR software. In case if they are using ERP, we can also integrate our software with that ERP”.
To cater to all the requirements of their clients, Farsight Technologies has created software solutions that apart from helping their clients do their core HR activities, can also assist in payroll management, travel and expense management and project management.
While most other businesses operating in the sector go with the one size fits all approach, Farsight Technologies is able to make custom changes in their software owing to the fact that each and every software solution they offer are built inhouse and primarily consider the nature of operation of their client. The company also makes sure that they release new versions of their software every year to keep pace and adopt with the changing industry needs.
Owing to the quality of their solutions and services, Farsight Technologies has been able to create an impressive clientele that includes more than 400 companies from different industry verticals. Another key achievement that Farsight Technology is proud to achieve and improve is the capability to compute the salaries of more than a million employees on a monthly basis which is really impressive. Some of the biggest clients working with Farsight Technologies include Relaxo Footwear, MITSUBA, Casio, and Ecom Express.
The HRM software solution space is constantly changing with new trends and technologies introduced into the market on a regular basis and when asked about the future plans of the company, Susheel says, “Going forward, we want to ensure that our clients remain happy as we thrive to continue as a completely customer-centric organization. We also want to upgrade the products that we offer to make the entire installation process and user experience seamless and hassle-free. We also keep upgrading our interfaces and we are working to make sure that in the future our clients don’t need an implementation team to implement the software”.
With all of these achievements and plans being said, we expect Farsight Technology to continue to transform as a dominant player in the HR Software Solutions Market. Most importantly, do not be shocked when the next time you open your company’s HR Portal, it will be Farsight who is providing the solution because sooner or later, we believe it is bound to happen.
