Mintable drives digital asset innovation forward with Employment Hero

About Mintable

The world’s first NFT-governed decentralised autonomous organisation (DAO), Mintable is a digital asset platform that uses Ethereum’s blockchain technology to let users create, manage and sell digital files with all the benefits of provable ownership, immutability and traceability.

Since its inception in 2018, it has secured more than USD 14 million in Series A funding – this capital investment enabled the team to put their all towards their mission, to make decentralised digital asset management accessible to everyone. In 2021, Mintable launched its B2B arm, Mintology, creating a public API that integrates NFTs into digital ecosystems for business use.

With so much going on, Mintable was evolving fast. The team knew it was time to improve company processes to support its growth. That’s where Employment Hero came in. We spoke with Malvin Rosales, the HR Manager at Mintable, about the team’s experience with Employment Hero and how it has supported them thus far.

The challenge

As a digital business in a fast-paced industry, Mintable needed an intuitive HR and payroll system that would help it keep up with all the new developments. The team also needed an all-in-one system to minimise any friction in their people management processes.

Before Employment Hero, Mintable previously engaged a third party service to manage their HR and payroll. While all of its processes were hosted on a single platform, the team didn’t have direct control over the processes and found it difficult and restrictive to work with.

They wanted a comprehensive software solution that would keep their processes consolidated onto one platform, but also give them the full control and autonomy needed to manage these processes well. They were also looking for a leave system that could do accrued leave instead of allocating leave entitlements as a lump sum.

Solutions

Streamlined payroll processes

Previously, when Mintable employees submitted expense claims, Malvin would not be able to view anything on their system until the 22nd of each month. If an employee made a mistake in their expense submission, Malvin wouldn’t be able to view it and get it rectified – she could only check all expense submissions at the end of the month and inform her employees after. If her team members couldn’t resubmit the expense in time, Malvin wouldn’t be able to include the claim in that month’s payroll.

With Mintable’s small team, Malvin was ready to run payroll manually herself if it meant that she could come off their previous system. If she did payroll manually, she would have to spend anywhere from half a day to a full day on a pay run. Thankfully, with Employment Hero’s automated payroll platform, she only has to spend one to two hours on payroll now.

A user-friendly experience

Things move fast in the crypto industry, and Mintable’s day-to-day is no exception. Employment Hero’s intuitive, AI-enhanced user interface made the platform easy to use for employees and managers, enabling them to hit the ground running without significant interruptions to business activities.

“I think it doesn’t require a really smart or intelligent person to understand the system – it’s really simple. The platform is also really comprehensive.”

Prompt support when needed

When Mintable’s team had to migrate to Employment Hero’s HR and payroll platform, they only had two months to do so. With customer experience and implementation team support, they managed to complete their migration within one month – giving them a whole extra month to allocate to other business pursuits.

Malvin also loved that it was easy to introduce the new system to her colleagues, thanks to robust support and training from the Employment Hero implementations teams.

“The team is always ready to answer my questions. Because the training I got from Employment Hero was really thorough, I was able to answer the questions my team had when we were switching over to the platform.”

Cost savings on a comprehensive solution

On Mintable’s previous HR and payroll management system, not only did the team have to pay for the software, they also had to pay an agency to help them manage the software. Switching over to Employment Hero’s all-in-one platform didn’t just give them more autonomy over their people management – they managed to reap great cost savings, too.

“Employment Hero is comparatively cheap compared to other established platforms. From a functional perspective, the features are not very much different. However, the pricing is very reasonable.” 

More time for the things that matter

While Malvin’s colleagues use the expense and leave features in Employment Hero the most, she loves that the payroll process is so much easier. She can now dedicate more time to other areas that need her attention, such as hiring the best people for Mintable and improving business processes.

“Especially during this period, we are expanding, and I have lots of interviews going on every day. I have lots of CVs to review, and because of the time that I have freed from doing my payroll and how easy the payroll system is now, I can deploy a lot more of my time towards urgent matters.”

Mintable is ready to continue growing with Employment Hero

Now that they’ve invested in the HR and payroll tools they needed, Mintable is keen to further develop its business and empower digital asset enthusiasts in their respective fields. With Employment Hero as its trusted partner, the team can now work easier and more effectively, and use their time savings on more strategic initiatives.

If you’d like to learn more about how Employment Hero can help transform your organisation, speak to one of our business specialists today.

In addition, take a look at our return on investment (ROI) report to check out how much time and money you can save with Employment Hero.