Digital Transformation with Key HR Tech Tools for Specialists
A few technologies have always been a staple for the HR function — such as applicant tracking systems (ATS), attendance monitoring tools, and HR information systems (HRIS) to store employee records. But as digital transformation gains momentum, it’s time to strengthen your HR tech capabilities.
HR is rapidly evolving, with a consistent flow of new digital tools and technologies. The most extensive transformation over recent years has been the complete change from traditional, manual HR processes to digital, automated ones.
The cloud is rapidly becoming a non-negotiable in business, as it streamlines the storage and sharing of business material. Another tool that is steadily making the voyage over to the cloud is HCM software. Cloud-based HCM is essential as it ensures that your business’ resources, organization, and ability to share is accessible from one place to all. If you’re not yet using cloud-based HCM, 2021 is the time to make it happen.
This HR digital transformation affects all businesses, from the largest companies to the smallest local businesses. This transformation includes switching several long-used resources, tools, and processes, such as filing cabinets and indexes of contacts, over to digital means.
Whether your business has fully transformed its HR into a digital operation, or has just started taking the first steps out of necessity, here are instrumental in solving key HR pain points, simplifying processes, and freeing up precious human effort.
1. Recruitment: There are two primary types of recruitment methods: internal recruiting and external recruiting. Yes, you’re searching for an external candidate, you’ll need to cast your net into the digital realm using job sites and social media. You’ll also need to engage your candidates where they are: on their smartphones. Your recruiting methods need to be mobile friendly, from the job application to text communications.
A few solutions to consider: (a) LinkedIn Recruitment Marketing is a valuable tool for any HR professional. It covers the entire funnel from awareness to hire and claims a 2X increase in response rates. Furthermore, (b) The right applicant tracking software (ATS) can help you manage both of these recruitment methods. ATS by SAP SuccessFactors, Oracle Taleo, Smart Recruiters and Workday are fantastic tools. Oracle Taleo is a cloud-based ATS (Applicant Tracking System) that is used by large companies to manage their talent acquisition processes. Founded in Canada in 1996, they were later purchased by Oracle in 2012. Today, Taleo is the world’s largest ATS, with over 5,000 customers in 180 countries.
2. Onboarding: Onboarding software coordinates the onboarding process of new employees while simplifying the administrative work necessary for the hiring manager. Onboarding software eases the transition of new hires into their roles, streamlining the process by eliminating paperwork and consolidating it into one unified system. Onboarding software supports the initiation of communication between the new hire and the employer before the start date. This enables the employee to be more productive sooner and integrate into their team quicker. It also allows both the employee and hiring manager to track paperwork and training progress.
A few solutions to consider: (a) Boardon a 2017 startup lets you customize the onboarding experience for each recruit and gain analytics insights into the onboarding process. (b) HRCloud.com is a web-based onboarding software tracks paperwork, schedules deadlines, and remembers those pesky little details. Onboard lays it all out so you can see exactly what’s missing, and who’s missing it, so you have time to find it.
3. Payroll: Payroll can be complex, but it doesn’t have to be. With the right tool you can manage your people’s compensation and pay them with ease, from navigating diverse tax codes to configuring your own payroll models.
A few solutions to consider: (a) Ultimate Software, UltiPro’s easy-to-use platform and extensive payroll features, such as the “Model Your Paycheck” calculator that helps estimate take-home pay. And because UltiPro is a cloud-based solution, your people can view their paychecks and pay statements from anywhere on the go, using their smartphones or tablets (b) Sage 300 Payroll offers an intuitive user interface You can manage your payroll with peace of mind. All you need is a good internet connection.
In conclusion, HR modernization was a high-investment initiative, requiring companies to build software from the ground up or purchase expensive licenses. Today, the picture looks very different. SaaS delivery means you pay for what you use and can scale up at your own pace. You could even put together a unique bouquet of HR tools and technologies, curated as per your needs.
