Factorial targets the underserved SMEs human resources (HR) management market in Europe, helping 20,000 companies focus on enhancing employee productivity and navigate complex labor laws.
Why
Inefficient HR tasks
80% of HR-related time is spent on routine tasks and only 20% on boosting productivity.
SME needs unmet
HR management platforms in Europe are often designed with large organizations' requirements in mind.
Complex Spanish labor regulations
85% of Spanish SMEs currently outsource employment related services.
Market
$9.89 billion
The predicted size of the global core HR software market by 2022, with a CAGR of 8.8%.
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