
SilkRoad Technology
3.7
193
SilkRoad Technology offers strategic onboarding software and consulting services to help organizations design personalized journeys for new hires, increase retention, and drive long-term business performance. The software allows for the creation of intentional onboarding journeys, personalized offer letters, pre-boarding, and manager involvement. It also includes analytics and tracking capabilities and offboarding solutions. SilkRoad Technology can also assist with mergers and acquisitions and prepare contingent workers for success.
Strengths
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Customizable
Ability to tailor the software to specific business needs
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User-friendly
Easy to use interface for both administrators and employees
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Comprehensive
Offers a wide range of HR functions such as recruiting, onboarding, and performance management
Weaknesses
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Expensive
Higher cost compared to other HR software options
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Limited integrations
May not integrate with all other software used by a company
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Lack of mobile app
No mobile app available for employees to access HR functions on-the-go
Opportunities
- Potential to expand globally and offer HR solutions to companies in other countries
- Opportunity to form partnerships with other software companies to increase integrations
- Growing need for HR software as more companies shift to remote work and need digital HR solutions
Threats
- Competing HR software options may offer similar or better features at a lower cost
- Decreased demand for HR software during an economic recession or downturn
- Increased scrutiny on data security and privacy may impact customer trust and adoption
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SilkRoad Technology Plan
SilkRoad Technology offers a subscription-based pricing model with three versions, ranging from $8 to $20 per user per month.