See How Hire2Retire Can Drive Success for Your Organization |13th Dec 2024|

CASE STUDY

Platinum Equity's Secret to Efficient Employee Lifecycle Management for Ceaseless Expansion

Superior "First Day at Work"
Identity Provisioning
Timely Terminations
Role based access control

Industry

Company Size

500

Implemented Solution

Customer

Situation

When we count the most exemplary self-made people of the present era with stories of humblest beginnings to great success, the name of Tom Gores indubitably comes up. Born in Israel in a family of six children, Tom began his career working at his uncle’s grocery store when he was just a teenager. Despite facing numerous challenges, Tom’s passion for entrepreneurship and desire to make a difference in the world helped him overcome these difficulties. In 1995, he founded Platinum Equity, a private equity firm that embodies the lessons of hard work, perseverance, and identification of undervalued assets that Tom learned throughout his life. Today, Platinum Equity is a prominent global investment firm with approximately $36 billion worth of assets under management. It has expert teams and investors working around the world from six different office locations, managing a diverse, global portfolio of companies operating in various industries, generating billions in revenue, and employing hundreds of thousands of people across the globe.

Struggles and Pains

Platinum Equity has come a long way since its founding in 1995, with just $200,000 in seed capital. Today, the firm is a global investment powerhouse with over 50 companies in its portfolio, generating over $89 billion in aggregate revenue. However, with such rapid expansion comes challenges, and Platinum Equity is no exception. 

As the firm grew to operate across various industries and locations, managing its large and diverse workforce of over 500 lead executives became increasingly complex. The existing HRIS and IT access management systems – ADP and Azure AD – proved inadequate in handling the scale and complexity of employee management across different locations, roles, and organizational structures. Consequently, manually synchronizing employee data, updating the Global Address List (GAL) and security groups, and managing accounts and access privileges became time-consuming and cumbersome tasks. To address these challenges, Platinum Equity’s Sysadmin recognized the need for a better way of accomplishing the entire operation iteratively without risking compliance and accuracy.

Great 3rd party integration for ADP WFN

ADP WFN is a challenging system when it comes to integrations. We looked at all sorts of different ways to streamline onboarding/autoprovisioning but ultimately landed on Hire2Retire.

Tom J. ( Director, Talent Acquisition)

Great 3rd party integration for ADP WFN

ADP WFN is a challenging system when it comes to integrations. We looked at all sorts of different ways to streamline onboarding/autoprovisioning but ultimately landed on Hire2Retire.

Tom J. ( Director, Talent Acquisition)

Resolution

The Sysadmin looked up over the internet and consulted on a variety of forums if there was a way to automate onboarding process of new hires, processing role updates, and facilitating terminations efficiently and effectively across HR and IT systems. That was when it found Hire2Retire, a leading PIP or Prepackaged Integration Product, by RoboMQ, a leading API and data integration company. With Hire2Retire, the Sysadmin could not only automate all the HR-IT operations, as mentioned earlier but also achieve 

A white glove approach to onboarding new hires for an ideal 'first-day-at-work' experience and seamless productivity.

A centralized approach to managing the entire employee data to ensure consistency and compliance across the six different locations of the company.

Automation of Employee Lifecycle updates management facilitating the company's expansion into new markets and regions, ensuring effortless integration of newly acquired companies and maintaining uniformity throughout the organization's employee database.

Want to learn more?

Ready to join the wave of companies automating their employee lifecycle management processes with Hire2Retire? Schedule a demo call with us today to see what Hire2Retire can do for your business. 

RoboMQ is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any of HR systems that it provides integration with and are mentioned in this case study. All product and company names are the registered trademarks of their original owners. 

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