On August 3, HROCloud announced that it had received a strategic investment from Yonyou. Both companies will complement each other's strengths and work together to develop in the HR shared services market.
HROCloud is a developer of an online HR management platform and provider of management HR consulting services.
The company's platform allows clients to create employee profiling, visualize human resource needs, and manage current employees, enabling more efficient use of human resources.
HROCloud has been focusing on HR shared services for a long time, the company's’ services include HR management consulting, blueprint planning, platform building, operation and maintenance, among others.
The clients of HROCloud include industry giants such as Siemens, Elekta, and CFLD, as well as HRO industry leaders such as Career International, Chanda Group, and Caitehao.
Mr. Zhang Yueqiang, vice president of DHR business of Yonyou, said that after Yonyou and HROCloud reached a strategic partnership, Yonyou will integrate HROCloud’s shared service solutions to provide complete solutions for digital consultation, digital operation and digital decision-making in human resource management.