'People-management is still a niche focus area'

You recently launched a Web-based HR software system specifically targeting the SMEs. Is this the product you were looking for to differentiate your company from the rest in HRMS?

The USP of sohamHR is its cost-effectiveness. In fact, it can be installed at 55-80% of the cost of other HR products available in the market. It takes just about 40 to 60 hours to implement our product in any organization employing from 50 to 50,000 people.

How exactly does sohamHR help an organization?

Further, we are planning to take this HRMS product into SaaS in Q2-2007. Once this integration is complete, installing sohamHR in an organization will take only about eight hours.

Also, through our partner Sobha Renaissance Information Technology (SRIT), we are planning to take our HRMS product to the health sector.

Where do you see your company going in a few years from now?

Of course, like any other start-up company, we have had our share of hiccups on and off. But these are temporal and we have managed to rise above them. In fact, I would like to emphasise that the attrition rate in our company, though a start-up one, is less than eight percent. With regard to revenue, we are expecting to post a turnover of Rs 60 lakh for 2006-07, and Rs 2 crore by March 2008.

Ashwini R

maildqindia@cybermedia.co.inWe are technically very strong, and our strength lies in product development. HR is still a niche field in India, and this is where I see Dream Tekis making strides. Besides offering customized products and IT solution, we have also expanded our portfolio in resource outsourcing to some US clients.

SohamHR is a complete HR solution that offers end-to-end services in the people management area. Several functions such as recruitment, employee administration, organizational management, payroll, appraisal, training, leave management, etc, are covered under its implementation.

Yes, of course. This product – called sohamHR – was developed in an open source environment after conducting a lot of market research. It is a pay-per-user product, which has already seen releases of seven modules in just one year.