Nairobi: Factorial, an all-in-one HR and business management software company, has partnered with the Kenya Private Sector Alliance (KEPSA), the apex body of the private sector in Kenya, to enhance productivity. This partnership seeks to leverage technology to enhance the productivity of various organisations operating in different sectors of the economy.
According to Kenya News Agency, this joint venture is enabled by Factorial’s AI Acceleration Fund, worth USD $10 million, which will cover up to 50 per cent of the implementation cost of Factorial’s AI agent. Commenting on the partnership during the KEPSA Members’ breakfast, Mary Ngecha, MD of Lineplast Group and KEPSA Director, said: “Our private sector is currently under pressure to manage short-term cost pressures amidst executing our long-term growth strategy. Manufacturing and services together account for 76 per cent of the country’s Gross Domestic Product (GDP). For us, as the private sector, we have to come up with new ways of attracting, managing, and maximising the productivity of our workforces.”
Ngecha highlighted the need to move from manual processes, disjointed systems, and limited visibility to build efficient, data-driven, and globally competitive organisations. “We need to remain a regional leader, and workforce productivity needs to be our national priority,” she added.
According to the World Bank report, Kenya is characterised by a high share of small and medium-sized businesses (SMEs) with fewer than 2,000 employees. More than 80 per cent of all employees are employed in the SME sector, which contributes to almost 40 per cent of the national GDP.
Tailored for organisations with between 20 and 2,000 employees, Factorial enables organisations to minimise operational costs, boost staff engagement, inform decisions with data, and ensure compliance using its easy-to-use and cloud-based HR platform. Factorial addresses key organisational challenges, including hiring and onboarding talent, freeing HR staff from mundane tasks, ensuring HR policies are followed, preventing disagreements over holidays and shifts, measuring and improving employee performance, and creating and deploying learning programs among others.
Additionally, the software comes complete with audit trails, integrates with Microsoft and Google products, and offers top-tier ERP and Payroll solutions. In its commitment to Kenya, Factorial operates from a local office in Nairobi to ensure implementation and ongoing on-the-ground support. Kenya will be used as the regional hub for expansion throughout East Africa.
“Many organisations in Kenya continue to struggle in terms of productivity, efficiency, and competitiveness due to fragmented processes. In order to accelerate the digital transformation and unlock productivity gains, the adoption of modern technology in HR is essential,” said Francesc Rul lan, Director of Expansion Strategy and Partnerships at Factorial.
