Human resources affect all employees in an organisation and has a crucial role to play. It’s therefore essential HR teams are equipped with the right technology capabilities. A major decision for HR professionals is whether they leverage multiple HR platforms for different parts of the employee lifecycle or one human capital management solution. Here are some of the major benefits your business can experience when it consolidates to a single HR platform:
When you narrow down your HR platforms to only one software, you are creating much-needed simplicity in the workplace. When you consolidate to a single HR platform, you’re reducing the complication of training employees on different software.
This not only makes the on-boarding experience easier for new employees, but also saves time and energy for current employees. This is because they only need to be well-versed in one HR technology.
These advantages also extend to mobile access. Employees won’t have to navigate across multiple apps to handle different tasks and instead will have one seamless experience available anytime, anywhere. This is something that’s extremely important to the modern workforce.
Take for example this scenario: You need to gather all information on one employee, including vacation time, pay, taxes, bonuses, and benefits. With multiple systems getting all of this information requires you to visit each HR platform separately. Then you have to create a customized and cumbersome data output (usually some kind of spreadsheet) with all of this information.
This same task can occur in a fraction of the time with a single HR platform. This centralized program gathers the information for you and puts it into intuitive data visualizations and dashboards. This saves your time and lets you be more strategic.
One of the major benefits helping you convince leadership to transition to a single HR platform is the potential cost savings. Using an end-to-end HR software can save your business money, as this is likely less expensive than it would be to work with an à la carte selection of point solutions. The cost difference doesn’t only impact your company’s bottom line, it can save your HR team the headache of paying each vendor separately.
When your business is considering consolidating its HR functions into one place, it’s crucial you find the right HCM platform. The ideal system can improve employee engagement, decrease time spent training and increase productivity. Save your staff the frustration of juggling multiple HR software systems and introduce a single HCM platform into your internal operations.
This article is also featured in the Payroll magazine. Read more stories about HR and payroll. Download the Payroll magazine: