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David Sacks, newly appointed CEO of San Francisco based corporate benefits company Zenefits, has announced the company's "second incarnation". While initially acting as an all-inclusive benefits platform, Zenefits will now work in conjunction with third party developers that can treat Zenefits as a permanent record of employee data.
Zenefits today is opening itself up to third-party developers, which can treat Zenefits as a permanent record for employee data — like some services treat Facebook for user data — and build their services around that. “We think this idea of suites vs. best of breed is a false choice, this has been the choice of marketplace,” Zenefits CEO David Sacks said. “You could use an antiquated suite or best of breed that’s limited. We’re building an app store for [human resources] for the first time, that’s the way to resolve this conundrum. You build an app store and you release some core apps yourself, but you allow third parties to provide best of breed apps.”
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