Human resource is a function that directly relates to people. In the past, HR personnels were synonymous with administrative tasks, loads of paperwork and little to no interaction with people.
However, human resource management has transformed over time with employee engagement being their top priority. It is no longer seen as a back-end job. Human resource is now a strategic role that helps achieve business goals, thanks to cloud solutions like SAP SuccessFactors.
Cloud-based technologies are remodelling the field HR, here’s how:
1. Centralized Information
Gone are the days when every employee had a file dedicated to them, resulting in a lot of paperwork and high chance of errors. With cloud, data can be securely stored, accessed, and shared digitally. Centralization brings efficiency to the process of managing and retrieving information.
2. Enhanced Recruitment
Previously, HR had to manually sort hundred resumes, schedule interviews and track status of applicants. Cloud HR solutions like SAP SuccessFactors streamlines this process. Scanning of resumes and scheduling of interviews is automated. And, tracking candidate status becomes easier with centralized information.
3. Easy Verification & Documentation
Cloud software programs eliminate the delays and mix-ups that occur in the traditional verification process. The documents submitted by candidates can be shared with background checks service providers. Depending on the feedback received, appointments can be extended and the candidate can complete the formalities digitally.
4. Quick Onboarding
Onboarding requires employees to complete paperwork, get acquainted with company policies and tools to execute their duties. Failure to do so properly can result in loss of talent. Onboarding formalities are automated and done digitally with cloud systems, reducing chance of mistakes.
5. Effortless Performance Tracking
With cloud-based HR software, one gets to view employees’ lifecycle. From where they are in the hierarchy to how they are performing, everything is tracked in real-time. This makes it easier to analyze performance. This way, cloud solutions like SAP Success Factors facilitate better decision making regarding appraisals.
6. Hassle-Free Payrolls
Collation of bank details, processing payments, taxation, preparing pay slips, and the list goes on. Payroll is an important, but paper-heavy and time-consuming process. With information just a click away on the cloud, payroll functions can be executed at any time, anywhere, minimizing delays.
7. Better Leave Management
There’s no longer a need to browse through hundred emails to calculate leaves or track attendance. Apply for leave, approve leaves, and compute them on a single platform with SAP SuccessFactors or such cloud-based HR solutions.
8. Improved Employee Assistance
Cloud systems act as a library for any information regarding the company. For instance, SAP SuccessFactors grants employees access to a knowledge base to help them solve issues. Employees can read HR policies and procedures. Technology like AI helps provide quick assistance in case of queries.
9. Increased Employee Engagement
Happy employees equals better productivity. Communication is key to employee engagement. Gathering feedback from employees, announcing updates, rewards and recognition, sending event invites, etc., can all be done with just a click. When employees feel involved, they offer their trust and loyalty in return.
10. Predictive Analytics for Smart Decision Making
Cloud HR solutions like SAP SuccessFactors uses AI and Machine Learning to provide real-time data and also predictive inputs. Using historical data of a candidate it gives insights into their expectations and retention rate. It also detects any dissatisfaction among employees. Based on the analysis, HR personnels can then take appropriate action to not only hire but also retain talent.
11. Fast Deployment of Resources
Organizations also deal with flexible workers like freelancers, contractors and part-time workers. Information regarding them is usually scattered across platforms. As a result, companies are left helpless when the need arises. With cloud’s efficient data management and real-time tracking, organizations can deploy them when needed, improving productivity.
12. Maintain Compliance and Security
Cloud HR solutions like SAP Success Factors are designed keeping data security in mind. So, you need not worry about breaches. They also roll out software updates on a timely basis, keeping your system up to date. This also ensures compliance with regulations.
Final Words
With digitization innovating the way HR works today, it is imperative to make the switch to advanced technologies like cloud. SAP Success Factors is one of the renowned cloud-based HR solutions that allows HR to drive organizational success with better talent management.
