Xoxoday Plum Rewards and Incentives platform has been offering remarkable employee reward ideas– from gift vouchers to skydiving experience– to over 1,000 customers, benefitting over 2million end-users.
HR gets a little bit busier during the last quarter of the year, not only in preparation for the season for holiday gift-giving but, most importantly for the annual employee awards and recognitions. Traditionally, HR conducts a survey within the organisation or the top management makes the executive decision as to what kind of rewards– which normally involves gift certificates or commission– to give to outstanding employees and the suppliers to partner with.
Modernising the Employee Reward System
Xoxoday, a B2B rewarding platform founded in 2018 in India, takes the employee reward system to the next level harnessing technology and APIs. Specifically, the Xoxoday Plum Rewards and Incentives platform readily integrates with SAP SuccessFactors, helping the HR leaders to deliver seamless and accessible reward programs that enhance employee engagement. Available on SAP Store, the online marketplace for solutions from SAP and its global partners, the rewards platform acts as a storefront for employees wherein they can redeem reward points for real experiences aside from gift vouchers.
Sharing about the collaborative partnership with SAP, Srivatsan Mohan, Engineering Vice President of Xoxoday said that they wanted to acquire more brands and be a key player in the SAP ecosystem since they share many mutual customers.
Piyush Agarwal, Product Vice President of Xoxoday Plum, commented in an SAP article that the company intended to partner with SAP to help them scale growth globally by integrating their product in digital commerce. Detailing about Xoxoday and SAP’s mutually beneficial goals, he added:
“And SAP wanted a partner like us to offer a simple rewards program that works with their customers’ HR software. Customers using SAP SuccessFactors Compensation can go live in less than 30 days. We get great support from the SAP account execs, and at this point, we have a healthy pipeline for the next year. This collaboration supports our mission to build a technology infrastructure for businesses to simplify and automate global branded currency.”
Xoxoday Plum Offering HR with Unlimited Employee Reward Ideas
Once a startup in Bangalore, Xoxoday now has about 200 employees in India alone, five offices in San Francisco, Dublin, Singapore, Dubai, Mumbai, and New Delhi and partnered with the world’s largest companies such as Citibank, Mondelez International, Nielsen, and Infosys. The company has grown to be today’s leading provider of rewards and incentives infrastructure for businesses, offering a product suite that integrates with powerful applications to help businesses modernise their rewards and incentives systems.
Xoxoday Plum Rewards and Incentives platform seamlessly integrates with SAP SuccessFactors Compensation, a software solution that helps organisations design and manage strategic compensation programmes according to the budget and needs of the business and employees. The compensation platform is one of SAP SuccessFactors software applications that help organisations modernise workforce engagement.
Through the SAP SuccessFactors Compensation solution, the employers can issue reward points and enable employees to redeem rewards from an extensive global catalog that includes gift cards and gift experiences, which the employee can use or transfer to family members or even to charity.
Below are the key features of leveraging Xoxoday Plum:
- Seamless, end-to-end delivery of employee rewards
- A unified reward program with global redemption from across over 70 countries, 50 languages, and more than 21,000 options including 5,000 experiences, 3,000 gift vouchers, and 11,000 premium perks
- Instant checkout and redemption delivered via email and SMS, with the logistics also handled by Xoxoday
- Dedicated redemption support that is seamless and non-intrusive through API integrations
- 24/7 dedicated support visa live chat and chatbot and guaranteed 99{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} up-time SLA
Xoxoday was recognised this year by Forrester as one of the top-growing channel incentives management platforms and was also ranked #20 in Deloitte’s growing technology companies in 2020.