Tom Gores, founder of Platinum Equity, is known for his vision and leadership in overcoming business challenges. Learn how RoboMQ’s Hire2Retire helped him streamline HR processes for scalability at Platinum Equity.
Managing a single business can be a challenging task. Between coordinating employees, overseeing operations, and navigating the ever-changing market landscape, even the most experienced business leaders can struggle to keep their companies afloat. Therefore, it’s no surprise that many businesses fail, despite having valuable assets and resources at their disposal.
But some entrepreneurs refuse to give up. They see opportunities where others see obstacles, and they leverage their experience and expertise to turn struggling companies into successful enterprises. Tom Gores is one such entrepreneur. Born in Nazareth, Israel, Gores moved to the United States with his family at a young age. As a teenager, he worked in his uncle’s grocery business and quickly developed a passion for entrepreneurship.
After earning his degree from Michigan State University, Gores began his career in the private equity industry. He quickly made a name for himself by identifying undervalued assets and turning them into profitable ventures. In 1995, he founded Platinum Equity, a private equity firm focused on acquiring and operating companies in a variety of industries.
Since its founding, Platinum Equity has grown into a leading global investment firm with more than $36 billion in assets under management. With Gores’ vision and leadership, Platinum Equity has helped countless companies overcome their respective challenges and achieve their true potential.
While Platinum Equity was able to strengthen many companies through strategic acquisitions and operational improvements, behind the scenes, its HR and IT teams were struggling to manage their own workforce. As the company continued to grow, manual tasks of synchronizing employee data, updating the Global Address List (GAL), whitelisting security groups, and managing accounts and access privileges became time-consuming and cumbersome.
With no integration between the company’s HRIS ADP and Azure AD, mapping employee data across systems became a laborious task for the company’s Sysadmin, which led her to search for an automation solution. She found her answer in RoboMQ’s Hire2Retire, a data and API integration automation solution for Human Resource management and access provisioning systems. It ensures every employee lifecycle update in Platinum Equity’s ADP would reflect in its Active Directory in near real time. This way, the new hires can get assigned the right privileges and access as soon as they join their respective teams, while none of the terminated employees could run away with unauthorized access to risk any potential data breach. Now, Platinum Equity is free to scale and grow at a rapid pace without having to worry about employee lifecycle management, having automated all the processes for it.
RoboMQ is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any of HR systems that it provides integration with and are mentioned in this post. All product and company names are the registered trademarks of their original owners.
Shalini Taknet
Shalini Taknet works as a Marketing Specialist at RoboMQ. She is a certified content marketer with over 7 years of experience during which she developed a keen passion for leading edge SaaS solutions and APIs. Her enthusiasm for SaaS solutions stems from her belief that they can streamline almost every business process to drive productivity.