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The HR tech transformation: leveraging API integrations for growth

Blog post from Unified.to

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1,170
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Summary

The HR technology industry is experiencing rapid innovation with over 16,000 solutions available, driven by the increasing need for digitization, predictive analysis, process automation, and artificial intelligence in enhancing talent management and hybrid working. Despite the abundance of new solutions, only 29% of users find their HR tech stack integrates well, pushing companies to replace 39% of their SaaS applications with better-integrated options. API integrations are pivotal, as they allow seamless data sharing between software products, reducing manual data handling and enhancing product functionality, which in turn increases user adoption and reduces churn. Integrations are the third most crucial factor for B2B buyers and are essential for HR tech companies to enhance their value proposition by leveraging third-party data. Examples of successful integrations include automated candidate assessments and real-time application tracking, which improve hiring processes and performance management. Integration-based partnerships, such as those seen in the broader SaaS industry, not only boost sales and customer retention but also serve as a competitive differentiator. To facilitate easier integration development, platforms like Unified.to offer a streamlined approach for deploying integrations quickly, thus allowing HR tech companies to focus on expanding their market presence and improving customer experiences.