The average Human Resources department takes care of a large number of important tasks that are key to the successful running of a business, from recruiting and performance management, to employee data management, each of which rely heavily on data processing. Previously, before the advent of cloud-based solutions, it was often the case that managers would handle many of the aforementioned HR processes offline, or an internal platform, but no longer does this need to be the case.
Now, thanks to cloud-based solutions, HR departments can reduce their maintenance costs and their IT staffing requirements. Below are 5 ways your HR department could benefit from it:
- A streamlined recruiting function:
This data reliant process, that involves checking resumes, scheduling interviews and rolling out job offers and so on, is often carried out manually, and is typically longwinded and time consuming. With the help of cloud-based solutions however, data can be accessed from one single point, and from a variety of devices, making the entire process more efficient.
The high-quality data analytics gained from cloud-based software can also be helpful when doing pay benchmarking, for example.
- Overall business efficiency and improved employee satisfaction:
Many HR processes such as timesheet submissions, performance appraisals, inputting employee data and income tax declarations to name but a few, require a lot of paperwork, but with a cloud-based solution, much of this can be eliminated, along with a reduction in errors and incorrect data. In turn, this makes the entire business more efficient and employees more satisfied.
- A strengthened employer brand reputation
For the vast majority of businesses, they are only ever as successful as the standard of their employees; find the right ones, and they can help take your company to higher heights, get it wrong, and your entire business could end up failing. As such, recruitment is an important aspect of HR, but it doesn’t matter how many talented and hardworking individuals are out there seeking employment, if they don’t want to come and work for you.
By implementing a cloud-based solution, you’re sending a strong signal to investors, clients, the public at large and potential job candidates, that you take your business seriously and are willing to invest in its future.
- Continual compliance
New business regulations seem to appear from nowhere every year, and most of them require comprehensive reports to be generated at frequent intervals, along with certification that any software being used conforms to the latest regulations. With a cloud-based solution, because they’re maintained by professional vendors, they are always kept updated in line with current regulations. Not only that, but when reports need to be generated, the built-in advanced reporting capabilities, make this a simple task.
- Enhanced data security
When using a remote vendor to deploy a cloud-based solution, many aspects of applications and data are better taken care of, and because the software is designed for security from the ground up, encrypted data is sent to the client only when needed. Cloud vendors are also far better equipped to manage and restrict both physical, And ID based access to data.
Whichever way you choose to look at it, cloud-based solutions are fast becoming not only the future, but the norm, and if you want to make your HR department more efficient and professional, then working with a software vendor could help you achieve that.