Altisource Achieves 90% Engagement and 80% Goal Success with Engagedly

Headquarters

Atlanta, Georgia

Challenge

A new method to track and set goals that was easily adoptable by all their employees

solution

Implement goal setting tool for their workforce

Result

Altisource has modernized not only its goal-setting processes but also has integrated other various tools from Engagedly

Altisource is a global leader in providing innovative services and technology for the real estate and mortgage industries. With a diverse, forward-thinking workforce, Altisource continuously strives to enhance its employee engagement and performance management strategies.

employee engagement case study

 

Industry: Real Estate & Mortgage Services

Location: Luxembourg

Company Size: Large Enterprise (5000+)

Products Used: Performance Management, OKRs, Career Development, Employee Recognition, Reporting & Analytics

The Challenge: Moving Beyond Basic Goal-Setting

In 2017, Altisource’s Organizational Development team recognized the need for a scalable goal-setting solution. Their existing method for tracking goals and performance was outdated and time-consuming. The team needed a platform that could seamlessly integrate into their workflow, offering advanced features that would encourage company-wide adoption.

Key Challenges:

  • Lack of a scalable goal-tracking system
  • Clunky, user-unfriendly interfaces from existing tools
  • Absence of robust data analytics and reporting capabilities
  • Difficulty integrating OKRs and aligning them with company-wide strategies

Why Engagedly? A Comprehensive Solution Beyond Goal-Setting

Though Altisource’s initial quest was for a goal-setting tool, Engagedly’s diverse capabilities led to a deeper partnership. Engagedly provided a complete solution, delivering functionalities across performance management, career development, and employee engagement.

“It’s never easy integrating new software, to begin with, and in our case, we have some of the most highly skilled engineers to impress.”
– Thompson, Organizational Development Team, Altisource

Altisource chose Engagedly because of its intuitive design and comprehensive features, which made the platform easy to adopt even for a highly skilled, tech-savvy workforce.

Key Decision Factors:

  • Seamless integration of OKRs into company strategy
  • Intuitive, easy-to-use interface that encourages high adoption
  • Comprehensive feature set, including employee recognition, cascading goals, and detailed reporting
  • Strong support for performance reviews and career development pathways

Implementation: A Smooth Transition to Quarterly Reviews

Managing a workforce of engineers and strategists, Altisource’s Organizational Development team knew they had to make the transition seamless. After evaluating several other platforms, Engagedly stood out for its cost-effectiveness, simple interface, and robust features.

“Change can be stressful in a start-up environment, especially when you’re telling people you’re going to shift from annual to quarterly reviews with a new platform.”
– Thompson, Organizational Development Team, Altisource

Despite these concerns, the transition to Engagedly was smooth and efficient. Within just a few weeks, Altisource’s new quarterly review process was fully operational, replacing outdated annual reviews. Engagedly’s comprehensive virtual training sessions helped Altisource’s managers quickly get on board.


Results: Driving Efficiency, Engagement, and Growth

Engagedly has transformed Altisource’s goal-setting and performance management processes. By moving to quarterly reviews and automated performance tracking, Altisource has significantly reduced administrative overhead and improved goal alignment across teams.

“Now that we’ve gotten one quarterly review under our belts, managers understand that tracking continuous engagement across an automated platform, rather than creating annual reports that attempt to ‘remember’ an entire year — only to forget it — is time much better spent.”
– Thompson, Organizational Development Team, Altisource

Key Results:

  • Increased Adoption: High employee engagement with the platform due to its ease of use.
  • Time Savings: Transitioning from manual, annual reports to automated, continuous engagement through the platform has saved significant time.
  • Enhanced Goal Alignment: Engagedly’s OKR feature helps employees align their individual goals with the company’s overall vision.
  • Streamlined Performance Reviews: Quarterly reviews are now more efficient, providing managers with real-time performance insights.

Solving Complex Problems with a Simple Tool

Altisource turned to Engagedly for a tool to launch and facilitate a company-wide OKR initiative. The Organizational Development team sought to integrate and utilize a goal-setting system that employees could use and quickly gain insights from.

“It’s the simplicity of the platform.”
– Enoch, Organizational Development Team, Altisource

Engagedly’s intuitive design made it easy for employees to adopt the system quickly, with the added benefit of advanced tools they didn’t initially plan for.


A Seamless Support for Altisource’s Success

Engagedly’s user-friendly software made the onboarding process at Altisource seamless, according to Enoch. The constant support provided by the Engagedly team was crucial for the successful implementation of the platform. Whenever there were challenges, Engagedly responded quickly and resolved the issue at hand.

“Engagedly ensured that the onboarding process was as smooth as possible for Altisource and was available every step of the way to help answer questions and provide support.”
– Enoch, Organizational Development Team, Altisource

The robust support provided by Engagedly allowed Altisource to launch its first annual impact review successfully. Engagedly’s team, including Aaron Adams, Partner of HR Strategy and Alignment, played an essential role in the review’s success, offering ongoing advice on how to best use the review system.

“The support we’ve received from Engagedly has been invaluable. Beyond the tools, it’s the support and the relationship we’ve established with Engagedly that have been extremely beneficial.”
– Enoch, Organizational Development Team, Altisource


Takeaways: Transformative Results with Engagedly

Altisource has achieved outstanding results since adopting Engagedly:

  • 90%+ Employee Engagement: High engagement with the platform across the organization.
  • 80% Goal Completion: Significant improvement in goal alignment and completion rates.
  • Quarterly Performance Reviews: A more efficient review process that saves time and provides real-time insights.
  • Strong Partnership: Ongoing support from Engagedly has been a key driver of Altisource’s success.

Engagedly has proven to be more than just a goal-setting tool—it’s a platform that has transformed Altisource’s approach to performance management, employee engagement, and growth.

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