Used by marquee brands including Starbucks, Loreal, and Siemens, cutting-edge HR tech saves HR teams thousands of hours with 80% document creation efficiency
aconso, an innovator in HR document management systems and a leading provider of cloud-based HR software solutions, announced its launch into the U.S. market. Used by more than 600 HR teams at global organizations – including Lufthansa, Siemens, and Porsche – aconso helps manage 1 billion HR documents for more than 6 million employees annually, improving the lives of HR professionals. aconso helps alleviate the burden of document overwhelm as its automated document creation increases efficiency, and frees up valuable time so HR professionals can better focus on and invest in company employees.
Having established itself as the top player in the DACH region, consistently achieving 15-20% year-over-year revenue growth for the past 20 years, and with a solid presence in Europe, aconso sees the increasing demand for its innovative solutions in the U.S. market.
“The document management solutions market was valued at $7 billion in 2022, and it’s expected to reach $42 billion by 2035 due to factors like digital transformation, remote work, and compliance needs,” said Ulrich Jaenicke, CEO and co-founder of aconso. “Our recent partnership with Iron Mountain for scanning services, alongside our recent customer wins, underscores the increasing necessity for aconso in assisting U.S. organizations with their evolving document creation and management requirements.”
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U.S. HR Teams are Facing a Tsunami of Document Creation
The FTC’s recent noncompete ban – which would impact 30 million employees should it go into effect – would mean companies could no longer rely solely on outdated noncompete clauses. HR professionals would need to ensure new protections are put in place and agreed upon by existing employees. As a result, many teams would be required to create, share, and chase for the signature on new agreements – contracts, NDAs, or nonsolicit agreements, for example – for almost every existing employee.
The sheer number of new HR documents for employees, not to mention the process for the review and approval of each, represents a huge task for HR managers and one that should not be embarked upon without automated document creation. Each hour spent manually preparing individual documents is an hour the HR team is not delivering value back to the business, which in large enterprises could represent tens of thousands of hours.
“Today’s U.S. HR professionals face unprecedented pressure, with 71% citing team burnout as a challenge and 73% lacking necessary tools for effective job performance,” stated Ulrich Jaenicke, CEO and co-founder of aconso. “Now, they’re confronted with a surge in document creation and management, translating to thousands of hours of work. aconso is here to automate this workload, reducing document creation time by 80%.”
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