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My Understanding of Keka as a Business

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Keka means awesome!

Introduction

Unlocking the true potential of a workforce isn't just about business; it's about people. That's where KEKA steps in – your ultimate 'people enabler' in the world of HR and payroll management.
Because when it comes to success, it's not just about what you do, but who you empower.
Company Highlights
Keka
Hyderabad, India
HR and Payroll Software
2015
Vijay Yalamanchili

About Keka

KEKA isn't your average HR and payroll software provider. With seamless payroll automation, performance evaluations, and streamlined hiring, it's changing the game. Serving industries from manufacturing to technology, KEKA, founded in 2015 in Hyderabad, India, is the ultimate solution for modern businesses. KEKA, founded in 2015 in Hyderabad, India, is the ultimate solution for modern businesses. It mainly services the manufacturing and pharmaceutical industries, banking and financial services, retail, and technology.

Industry

Keka is HR software that helps small and medium-sized businesses with payroll, hiring, attendance and leave, performance management, and other duties. Keka HRMS is more than simply an HR program. This all-inclusive cloud-based HR solution uses data and insights to create seamless employee experiences.
Keka
Image source: Keka

Mission and Vision

Keka aims to provide digital workplaces where workers may perform at their highest level and feel protected. Excellence, Integrity, Understanding, Responsibility, and Unity are their key principles.

Name, Tagline, and Logo

“Together We Triumph” is Keka’s motto, and “Success resides in Collaboration, Progress inside Innovation” is their guiding concept.
Keka Company Profile, information, investors, valuation & Funding
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Revenue Model

Keka, an HRtech company, had a 116 percent increase in total revenue from Rs 25 crore in FY22 to Rs 54 crore in FY23. Leading HRMS supplier Keka in Hyderabad has intensified its expansion plan to increase income. This year, the organisation hopes to add over 2500 new clients.
Keka’s projected Annual Recurring Revenue (ARR) is $14 million, a 110 percent increase from the prior fiscal year.

Products and Services

Keka Technologies is a cloud-based payroll and HR software development firm. It provides application tracking, workflow reviews, employee goal management, attendance management, applicant feedback and performance reviews, applicant monitoring, talent management, and more.

Keka – Challenges Faced

Facing a series of challenges, Keka has shown resilience and determination:
Data Migration Dilemma: Moving data to a new platform, known as data migration, has proven to be a complex endeavour.
Document Retrieval Struggle: Obtaining documents when needed has sometimes felt like searching for a needle in a haystack.
Space Constraints: The ongoing battle against limited document storage space has posed significant challenges.
Attendance and Leave Management Concerns: Ensuring accurate attendance tracking and managing leaves of absence have been areas of genuine concern.
Late Arrival Hassles: Manually calculating late arrivals has proven to be both time-consuming and prone to errors.
Remote Work and Leave Permissions: Navigating the intricacies of permissions for remote work and leave has been a sincere challenge.
Leave Management Maze: As the business expands, keeping track of everyone's whereabouts has become increasingly complex.
Software Struggles: Dealing with insufficient software in the market has tested the patience and resourcefulness of the core team.
Through these trials, Keka remains steadfast in its commitment to providing exceptional HR solutions.

Growth

Keka HR is on the rise, and here's why:
Industry Recognition: Mentioned alongside giants like Microsoft and SAP SE, Keka HR holds a competitive edge.
Market Presence: Featured in market research, it's gaining traction in performance management software.
Impressive Client Base: With over 6,500 clients across various sectors, Keka HR's impact is significant.
In essence, Keka HR is not just another player in the game—it's a force to be reckoned with, poised for continued growth and success in the ever-evolving world of HR technology.

Competitors

Keka’s main rivals include Workday, Deel, and Kronos.

Awards and Achievements

Keka is an HRMS solutions company that has received several awards and achievements:
Keka was the 2015 HYSEA Hottest Startups Award winner.
2019: Keka was named one of the top HRMS options by SoftwareSuggest.
2020: Keka was named the best software in the HR and payroll area by the World HRD Congress.

Future Plan

Keka, a Hyderabad, India-based provider of employee payroll solutions and HR software, has the following future goals in mind:
Growth: Over the next several years, Keka intends to grow into several international markets, including the US, Asia Pacific, Europe and Middle East.
Client service: Keka wants to improve both its services and customer assistance.
Product development: In India, Keka is creating products of the highest caliber.
Experience of employees: Keka is formulating a plan to provide an employee experience that considers the physical surroundings, equipment, and technological advancements that facilitate efficiency.
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