Talking About Financial Matters That Affect You and Your Organization
4 Key Benefits of Automating HR with Human Capital Management Tools
Jun 13th, 2017
Increasing Efficiency & Accuracy
Moving your data to a single platform which can then feed payroll, benefits, group retirement, and project management ensures compliance and drives efficiency. Managing multiple solutions with different data feeds and logins is terribly inefficient prone to error, not to mention lack of control over data ownership! Through secure web based technology, manage your workforce on the fly and keep abreast of changes in real-time with one set of data that can be redeployed at your discretion.
Growing organizations don't have time or resources to ensure processes and systems are being followed. Tracking responsibilities, credentials, skills and abilities along with policies and procedures with controlled rules based access will maintain a consistent flow of information. Web based technology can lay out all the processes, timelines, compliance, communication, and data to ensure everyone is on the same wavelength in real-time!
Individuals charged with the human resources responsibilities are typically burdened by the time suck of compliance. Redundant paperwork, slow approval processes, scattered data files, multiple platforms of data, and unnecessary bottlenecks of process all slow down the speed at which change can happen. Web based technology can deliver a self-service capability to deliver real-time access to information, update-able with specified rules and automated approvals to deliver 24-hour access to expedite the speed of change.
Organizational compliance often resides in many areas within the organization. Centralizing the record keeping with automated processes will help ensure that the necessary areas of oversight are being managed. Reducing or eliminating paperwork and manuals, paper time sheets, vacation requests, credential renewals, on-boarding/off-boarding checklists, assets and performance records. Web based technology can offer an ability to manage compliance in securely in real time with full histories available to audit compliance in real-time 24 hours a day.
Life happens in real-time, does your HR department have the tools to execute in this reality?
Selectpath works as a facilitator of Employee Benefit/Pension, Wealth Management/Financial Literacy, Scalable HR Solutions, and Payroll/HCM re-seller. Let us help you execute your real-time solutions. Contact us today!