Industry-Leading Intranet SaaS Platform Provider Haystack Moves the Needle on Breaking Down Jargon Barriers with Unprecedented Free Customizable Company Glossary

[LOS ANGELES, July 27, 2023] - Haystack, a premier provider of cutting-edge intranet solutions, today unveiled Glossary, a free, robust self-service product that empowers teams who have boots on the ground to seamlessly define industry jargon and their own unique lingo so new team members don’t have to boil the ocean searching for definitions and circling back to colleagues for meaning.

In the new normal, many employees WFH, making it even more crucial for organizations to think outside the box when it comes to building culture and keeping team members in the loop. Leveraging seamless integrations and building on Haystack’s core value of connecting every employee in the organization, Glossary helps employees pass on their learnings so new employees can hit the ground running and give 110%. It also helps teams stay on track when a team member is out of pocket and they need clarity on an acronym or specialized term by EOD.

“We understand that teams are tracking lots of moving parts and have limited bandwidth to try to understand jargon and acronyms. While there is no silver bullet to internal communications, we hope our free self-service tool will raise the bar for team synergy,” said Haystack CEO, Cameron Lindsay. “Upon drilling down into what our customers love most about our intranet SaaS solution, we found that our digital glossary feature had gained the most traction. By launching this feature as a free, standalone product, we can reach more customers and help teams break down silos, all without having to reinvent the wheel. It’s a win-win.”

Haystack brings to the table a counterpoint to traditional intranets. The strategic launch of Glossary as a scalable, self-service product dovetails with Haystack's commitment to cultivating a sustainable, profitable B2B SaaS business rooted in its intranet core competency. By providing Glossary as a complementary asset, Haystack is poised to ignite a PR firestorm, intensifying awareness for its flagship intranet solution and opening up upselling and cross-selling opportunities. This groundbreaking approach also empowers the company to foster innovation by gleaning real-time feedback from its user base, conducting experiments and tests, and applying key takeaways and best practices to continually enhance its product.

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About Haystack

Haystack is the modern intranet company rethinking the employee experience. Mid-market and large enterprises rely on Haystack for secure internal communications, to share organizational knowledge, and to build community. Haystack was founded in 2019 by a founding team spanning Google, Snap, Cornerstone OnDemand, and PayPal. The company is headquartered in Los Angeles and backed by leading investors such as Greycroft, Coatue Management, Twitter co-founder Biz Stone, Adobe's Scott Belsky, Riot Games co-founder Marc Merrill, and BoxGroup.

Learn more at https://www.haystackteam.com/haystack-glossary

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