Top HR Technology Platforms to Improve Business Efficiencies
From communication to production automation and everything in between, technology has changed just about every aspect of the modern business world.
Its influence has also spread to the human resources (HR) sector, where compliance management software and other applications are streamlining many critical processes and paving the way for future innovation.
Over 40 per cent of enterprises are planning to replace their core HRMS.
Increasingly, more and more companies are realising that such technology has the potential to greatly improve their operations.
More than 40 per cent of enterprises are replacing or planning to replace their core human resource management systems (HRMS) in the near future, according to Bersin by Deloitte.
Which technology platforms will allow you to unlock better efficiency in your business?
We’ve rounded up five of our favourites to help make your decision a little easier:
1. Find candidates using social media
Will you find your next big hire on social media?
Social media isn’t HR-specific, but nevertheless it remains a potent tool for business leaders and HR professionals alike.
This is largely due to how many people actively use social media platforms to connect, share and discuss with others.
For example, more than 4 in 10 (41 per cent) of all Australian internet users are active on Facebook, according to figures collated by Statista.
How can you use this technology to your advantage?
Well, as Mashable explained, social media has proven itself to be an excellent recruiting tool.
It’s fast, cheap and allows organisations to communicate directly with prospective employees without the stuffy formalities often associated with traditional hiring channels.
2. Provide your employees with real-time feedback with ReviewSnap
The importance of feedback in any working environment cannot be understated.
Companies that are able to provide employees with constructive guidance in a timely manner are better able to identify and correct flaws and develop a more skilled and higher performing workforce.
However, sitting down with employees to discuss how they could improve their work is a time-consuming process, and is typically carried out at infrequent intervals.
Thankfully, tech-centric platforms such as ReviewSnap offer an easy solution.
The handy software enables managers to provide ongoing feedback and give employees crucial insight into their own performance.
It also allows staff to get a better understanding of how their work impacts the company, which in turn drives motivation and engagement.
3. Simplify staff scheduling with Deputy
Regardless of the industry you work in, you’ve probably seen more than your fair share of leave disputes and last-minute shift cancellations.
In the past, dealing with these incidents was a fairly frustrating process, but now you can bid most of these issues goodbye by stepping into the 21st century with Deputy.
As powerful as it is intuitive, this platform allows you to effortlessly manage work schedules and organise your employees’ time off.
Using this technology, workers can manage their leave autonomously, while managers can offer shifts to staff with the touch of a button.
Deputy is also capable of identifying workload patterns, allowing you to shift resources in accordance with the level of demand.
4. Get a better understanding of you workforce with Acendre
People analytics are the next step in better understanding your workforce.
‘Analytics’ has been a major buzzword in the business world for quite some time and now it’s starting to make its presence felt in the HR sector.
‘People analytics’ is essentially the thorough, ongoing examination of a workforce, providing business leaders with an incredibly deep pool of insight, which can be used to make critical decisions.
One company leading the way in this field is Acendre.
Its people analytics platform helps you better understand your workforce by answering questions such as:
- Which skill sets do we need?
- What’s the average length of time it takes to fill vacant positions?
- Where are the bottlenecks in our operation?
5. Streamline onboarding processes with WorkPro’s compliance management solutions
Onboarding software speeds up the induction process.
At the risk of tooting our own horn, we think one technology platform you should get behind is our onboarding compliance management software.
An all-encompassing service, our solutions take care of just about every part of the onboarding phase, including comprehensive workplace health and safety (WHS) training, extensive background screening options and intuitive licence management.
By using our web-based technology, you’re able to make more informed decisions when it comes to hiring new employees and retaining key talent.
Even more importantly, we’ll do all the hard work on your behalf to ensure that your induction process is in line with all the relevant laws and legislation.
This is far from an exhaustive list of the HR technologies that could improve your business, but it does provide a good snapshot of where the industry is headed.
