Awakening the digital HR giant
July 25, 2019
July 25, 2019
Digital technologies are transforming entire businesses, not just IT departments. And while HR leads can take advantage of the low cost and flexibility of cloud capabilities, there are also risks, such as the security of data and employee sensitivities.
Managing shifting practices means HR leaders must take another look at their digital strategies. HR systems need rich functionality that is not only tailored to the individual needs of the organization but also future proof. Five steps can help HR professionals reinvent their function and fully prepare to manage the workforce of the future.
Changes to existing systems must be carefully considered and skillfully executed—some system capabilities and software extensions are more critical than others. Digital technologies bring new value, such as:
A less centralized, nimble and more business-integrated role is key to the new HR. Earlier research undertaken with SAP SuccessFactors shows that organizations which made more extensive use of human capital management solutions realized significant benefits.
15.2%
Decrease in attrition
13.7%
Increase in internal job fill rate
5.4%
Increase in productivity
SAP Cloud Platform offers users the flexibility and control needed for application customization. Using application extensions, HR professionals are freed up to spend time on the strategic aspects of their role—while reducing time and effort.
40%
Data load time saving from conversion and migration extension
$100K
Cost saving from data validation and monitoring extension
$80K
Penalty payments saving from test data and optimization extension
Digital technologies are not being fully exploited by HR leaders. While workflows have been improved through interconnected systems and the automation of paper-based processes, for many HR departments the digital giant is still slumbering.
The time is ripe to be fully awake. Organizations must employ an effective digital strategy to lower operating costs and help to streamline and enrich human resources business processes. Cloud is a natural choice and, with the right extensions, HR leaders can gain the flexibility and agility they need to serve their role’s future demands.
So how can HR leaders get started? Here are five ways digital technologies can reinvent HR organizations today:
A central HR platform can provide the unified, consistent data needed to gain a single view of the workforce, automate extended processes, and work seamlessly across employee-interaction channels.
HR organizations that are embracing Cloud/SaaS solutions have realized that many typical HR transactions are in fact “commodity” and can be consistent across the enterprise.
Analytics can be used to measure the effectiveness of HR and the impact it has on the business, as well as develop insights that can strengthen HR processes
This familiar and effective channel for engaging employees helps HR executives to improve collaboration and speed up HR processes.
Mobile technology is critical to reaching a constantly moving, dynamic workforce—and to extending HR processes out to the business.