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General Atlantic Investment
in TriNet
Year of Investment:
2005
GA Board Members: David
C. Hodgson & H.
Raymond Bingham
Small Companies
Face Huge HR Challenges |
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Running
a successful, profitable small company in today’s business climate requires a
laser-like focus on delivering differentiated products and services, establishing
customer relationships, and building high-performance teams. For years, small
company executives have been forced to spend precious time and money creating
an in-house HR infrastructure
and cobbling together solutions from a handful of external providers. What they
found was a dizzying combination of regulations, administrative headaches, and
rising costs. |
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The TriNet Solution |
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Today, forward-thinking executives
have learned that the best strategy is to devote their finite resources to what
they do best and outsource the rest. That’s why thousands of executives trust
TriNet to manage the ever-growing complexity of today’s HR responsibilities.
Eliminating the need for multiple vendors, TriNet manages the entire spectrum
of HR needs from core
payroll and benefits administration to talent
acquisition, performance management, and risk management. These services are delivered by
a team of dedicated human
capital consultants, and enabled by best-in-class
HR technology from PeopleSoft/Oracle.
With TriNet, small companies of any size can
offer employee benefits of unmatched choice and flexibility including immediate
coverage without the usual clauses, conditions, and waiting periods. TriNet has the highest service levels in the industry and is at the forefront of delivering
the broadest spectrum of HR services. And only TriNet is 100% paperless, eliminating
the need for time-consuming paperwork. |
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The Bottom Line
By transforming a traditionally high-overhead HR function into
a series of services that empower all levels of an organization, TriNet allows
executives to stay focused on what they do best, while improving the lives of
their employees and their families
With TriNet, small
companies finally have a trusted partner to help them contain HR costs, minimize
employer-related risks, relieve the administrative burden of HR – and keep their
focus on business success. |
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