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Sun He: Global Leading HR Supply Chain Digital Technology Service Cloud Platform Pioneer

Sun He

A native of Penglai, Shandong Province, with an MBA from the University of the West of England and an Executive MBA from CEIBS, he is the Founder and CEO of SalarySea Technology (Shanghai) Co.

Deep matching customer needs

As of today, SalarySea Technology is a leading provider of digital services for the human resources supply chain.

Deep matching customer needs

Up to now, Payhigh Technology has obtained 11 computer software copyright certificates issued by the State Property Rights Bureau, of which the representative technologies include Payhigh Technology Bonding System, Payhigh Technology OpenAPI Monitoring System, Payhigh Technology Big Data Visualization Platform, Payhigh Technology Big Data Intelligent Risk Control System, Payhigh Technology Big Data Intelligent Risk Control System, Payhigh Technology Big Data Intelligent Risk Control System, Payhigh Technology Big Data Intelligent Risk Control System, and Payhigh Technology Big Data Intelligent Risk Control System. The company's technology has 11 computer software copyright certificates.

In addition to the headquarters in Shanghai, pay sea technology in Beijing, Tianjin, Guangzhou, Shenzhen, Jiangsu, Zhejiang, Shandong and other places have branches, team members more than 60 people, technology personnel accounted for 42%, 28% of the sales staff, the core team from the joint-stock bank head office executives, well-known Internet technology companies, human resources services experts.

The platform has 2 million+ labor enterprises, 160,000+ HR service companies, and 1,000+ financial institutions' basic data. A large database of industry digitalization scenarios and applications has been built to empower the development of the industry through data services.

The platform has established cooperation with many banks and financial institutions such as Suning Bank, Qishang Bank, Jiujiang Bank, Daosheng Factoring, Construction Bank, and Bank of the Blue Sea.

It has become a member of more than 30 human resource service industry associations across China, including Beijing, Shanghai, Guangzhou, Shenzhen, Guangdong, Nanjing, Hangzhou, Hebei, Zhengzhou, Xi'an, Hunan, Chongqing, and Jilin.

The payroll chain serves 400 clients, provides accounts receivable financing services for more than 160 human resources service companies, and cumulatively serves clients with more than 5 billion yuan in payroll advances.

In the next three years, the HR companies served will realize financing for 1,500 companies, and the platform transaction volume will break 80 billion.

Use technology let finance easier

Use technology let financial services easier

The payroll platform is based on the strategic route of technology + finance + scenarios, and focuses on human resources as a niche area. The company's main focus is on the human resources segment. The team led by Sun He, through financial and technological means, to open up the services of multiple B-end enterprises and C-end employees, integration of data and resources from multiple parties, the realization of the asset client side, the capital channel side, the employee side of the seamless docking, the formation of a closed-loop business ecosystem for the upstream and downstream of the human resources enterprises to provide the business bidding, personnel recruitment, financing, payroll, monitoring, credit, and other supply chain digital service solutions.

Sun He said, human resources service enterprises are asset-light companies, it is difficult to get bank loan support. These enterprises have long faced financing difficulties, financing is expensive, recruitment is difficult, recruitment is expensive, retention rate is low and other difficult problems are difficult to be solved. Our Salary Enterprise Chain integrates data and funds in the supply chain of the human resources industry, establishes an intelligent risk control system for the funders, quantifies the risk control standards, and carries out closed-loop management of accounts receivable, so as to provide risk-controllable assets for the funders.

She said that the principle and ability of risk control of salary enterprise chain meets the requirements of bank's risk control and is highly recognized by banks and other funders, which is unachievable by other platforms, and this is the unique advantage of salary enterprise chain. The big data platform of the payroll chain provides credit imaging services for all parties involved in the supply chain of the human resources industry, and also provides customized software services and technical services for human resources service enterprises, which can finally realize the visualization of the overall supply chain, management informationization, maximization of the overall benefits, and minimization of the management costs.

Currently, Payroll Enterprise Chain has 6 major service products, which are:

①Industry digital services

Through the development of technologies such as big data mining, analysis, presentation, and distribution, it provides digital services for upstream and downstream enterprises in the human resources industry:

It is the first time that a company provides digital services to the human resources industry.

③ Intelligent working hours collection service

Provide on-site employees' daily working hours collection for labor-using enterprises and human resource service enterprises, as the data basis for the expense settlement between labor-using enterprises and human resource service enterprises and for human resource service enterprises to pay out daily wages (daily wage), as well as providing authenticity of the transaction basis for the capital advances of funders, and for enterprises to recruit employees.

④ Payroll Visualization Service

⑤ Asset Output Service

The payroll chain connects all parties in the industry chain, and realizes the "four streams" of upstream and downstream enterprises' information flow, capital flow, and business flow, etc.

The payroll chain is the only way for the enterprises to achieve the goal of "four streams".

⑥ Commercial Insurance Agency Services

Salary Enterprise Chain helps insurance companies to carry out commercial insurance business, launched the "Employer's Liability Insurance" and "Accidental Injury Insurance". It is easy and fast to apply for insurance, online operation, claims settlement, and thoughtful service.

The market always belongs to those who are prepared, innovative, and leading, and it's clear that Sun Hyuk and her team are ready.

Dominant and development prospect

Dominant and development prospect

In just two years, Salary Enterprise Chain has created the following performance and results:

①Customer acquisition ability

The platform database has 160,000+ human resources service companies, 2 million+ labor enterprises, ten million C-end payroll and other data, enabling the industry's digital service capability has been apparent.

② Intelligent risk control

Big data risk control portrait of labor enterprises and human resources service enterprises, data dimensions online 100 + labels, offline 50 + labels, 7 * 24 hours of dynamic data transmission. The principle and capability of risk control of payroll chain can meet the requirements of bank risk control and is highly recognized by banks and other funders, which is unachievable by other platforms and is the unique advantage of payroll chain.

③Business Scenario

Salary Enterprise Chain is a B2B2C scenario business model. It is a B2B2C business model, in which the transaction data of employing enterprises, human resources service enterprises, employees, and financial institutions are chained up, unchangeable and traceable, forming a four-stream supply chain, visualizing the flow of funds, and supervising the whole process of bank account supervision, so that the repayment of the loan can be guaranteed.

④Business efficiency

On-line and off-line business operations, easy to operate, high efficiency, system docking, in accordance with the standards of the funding side of the real-time provision of assets and information, the demand side of the day to apply for the same day, the same day issued.

At present, China's service outsourcing industry is in a critical period of migration to the middle and high end of the global value chain, and digitization-driven industrial development is an important cornerstone for realizing China's service outsourcing industry's curvature, and for promoting the high-quality development of China's enterprises. Salary enterprise chain application of big data, blockchain, artificial intelligence, cloud computing and other technologies to create production and financing synergies, a high degree of openness, cooperation *** win supply chain ecological closed-loop, to help the human resources industry to realize the digital transformation.

Sun He said, China's effective operation of human resources service business has more than 40,000, registered in the market supervision department has human resources service business scope of nearly 200,000, human resources service transaction market scale, human resources industry digitization needs urgent. At present, the company is iteratively upgrading the "salary enterprise chain" platform, after the iteration of the platform renamed "salary enterprise cloud" cloud platform, we will see the new platform for the human resources industry services more powerful.

She introduced that, under the background of a series of national policies to support and back up, Salary Enterprise Chain will focus on the human resources industry, continue to refine the product direction in a customer-oriented manner, optimize the product matrix, and take advantage of the technical means and business model to enhance the product advantages and form an absolute leading edge in the industry.

Sun He also revealed that the company is introducing equity investors, and like-minded people to cooperate to accelerate the development of the company, in the salary enterprise chain on the existing basis to seek more **** win.

Sun He, who came from a financial family, is endowed with the ability to enter the most innovative commercial factoring company in Qianhai directly after returning home from overseas studies. With years of experience in factoring companies, he has become the most representative supply chain finance expert and operation expert in the industry after 80 years. Now then vertical to the human resources industry supply chain digitization technology financial services, do the first person to eat crabs, the woman. We wish Sun He and her salary enterprise chain, in the new journey, with labor enterprises, human resources outsourcing and dispatching companies, capital, employees, and other intermediary service companies of human resources services **** win, leaping, huge amount of development, and realize the great vision of "creating the world's leading human resources industry supply chain digitization, technology, and service cloud platform". The vision of the company is to create a global leading digital technology service cloud platform for the human resources industry supply chain.