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Human resources affects all employees in an organisation, and has a crucial role to play so it’s essential that 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 decide to consolidate to a single HR platform, you’re cutting out the complications of training employees on different software. This not only makes the onboarding experience easier for new employees, but also saves time and energy for current employees who only need to be well-versed in one HR technology. These advantages also extend to mobile access, since employees won’t have to navigate across multiple apps to handle different tasks and instead will have one seamless experience available anytime, anywhere – something that’s extremely important to the modern workforce.
Let’s raise a scenario: You need to gather all of the information of one employee, including vacation time, pay, taxes, bonuses, and benefits.
With multiple point solutions, getting all of this information requires you to visit each HR system separately, creating a customised and cumbersome data output (usually some kind of spreadsheet) that has all of this information. This same task can occur in a fraction of the time with a single HR platform.
This centralised programme gathers the information for you and puts it into intuitive data visualisations and dashboards for quick action, saving you time and letting you be more strategic.
One of the major benefits that can help you convince leadership to transition to a single HR platform is the resulting 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 interested in consolidating its HR functions into one place, it’s crucial that you seek out the right HCM platform. This ideal system can improve employee engagement, decrease time spent training and using the system, and increase productivity across the organisation. Save your staff the frustration of juggling multiple HR software systems and introduce a single HCM platform into your internal operations.
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