Benefits of Moving Your Workforce to Cloud-Based HCM

Human resource (HR) process automation has been around for a while, but things have progressed farther than ever before over the past few years. Cloud-based apps and human resource planning solutions have helped HR professionals overcome many of the hindrances that they had to deal with in the past.

Cloud-based solutions will dominate 2021 and the years to come. Here is some interesting information on adopting HRM process automation and on how cloud HR software can help your company’s workforce management become more effective.

Features every cloud HCM solution needs to offer

There is an array of cloud HR software in the market. But all great HR solutions will offer the following features at a minimum.

Here are some of the most important features cloud HR software must have:

• Digital forms that capture, approve, and keep track of requests (PTO, onboarding, etc.)
• Rule-based, conditional workflows that ensure policy and regulatory compliance
• Employee self-service interface to onboard and manage confidential employee data
• Multi-channel accessibility to view, manage, and approve/reject requests on the go
• Inbuilt reporting module to generate actionable, data-driven insights
• Seamless API integration to connect the HR cloud with software like payroll systems

Benefits of using cloud-based HCM Platform

More and more companies are recognizing the benefits that automated HR processes bring to the table. Human resource planning can be quite complex, and automation reduces the risk of human error while also enabling professionals to focus on the most challenging aspects of their job. Automation that is cloud-based takes the trend a step further and reveals new possibilities.

Cloud-based human resource planning apps bring various important advantages. Some of the most crucial benefits that they bring to the everyday HRM process are:

Easy access to human resource planning tools from any location via the internet – the trend benefits companies that want to offer their professionals a bit of flexibility.

Effortless scalability – the HRM processes on the cloud are can evolve together with the company’s growth (new apps can be added easily, storage capacity can be increased or decreased, new forms and workflow automation processes can be set up in the blink of an eye, etc.).

Elimination of paper clutter and waste – two very troublesome aspects of traditional human resource planning.

Improved employee retention and a higher level of productivity guaranteed by better human resource planning and 24/7 access to valuable data.

Higher level of information security, especially for sensitive corporate data.

Efficient integration with other solutions and software programs that the company relies on (e.g., integrating with a payroll software).

No expensive maintenance or need for upgrades, there are no add-on installation costs or the need for buying expensive hardware for support.

Compliance with archive creation and maintenance regulations.

Easy user experience, even for people who haven’t dealt with human resource planning software in the past.

Questions to consider before buying an HCM Solution

Many HR technology vendors are simply piecing disparate applications together, while vendors of the future are building their technology from the ground up to truly integrate with future technology innovations like chat-based interfaces and artificial intelligence. This shift in focus will make all the difference to your organization’s performance. Save yourself and your organization from making a buying decision that could cost you both time and money.

Questions to consider before buying an HR System:

• Can you extend my organization’s branding throughout the application?
• How do you enable the HR Help Desk and work-life solutions?
• Do you offer true enterprise analytics? What kinds of reports can I see?
• How do you support end-to-end business processes outside of HR?
• How do you support different departmental workflows and transactions?
• What is your roadmap for chatbots, artificial intelligence, and other innovations in the user’s experience?
• How do you integrate with other applications, not on your platform?

Latest trends in HR management

HR process automation via the use of cloud technologies is enjoying a lot of popularity today. Currently, the adoption of cloud HR software is growing faster than ever before.

As the Gartner market report forecasted, cloud-based HR software represented 50 percent or more of all human resource planning tools in 2020. There’s a reason for this quick rate of adoption. Companies that have upgraded their HRM processes see a reduction in processing costs that reaches 22 percent per employee.

The trend is likely to continue in 2021 as well. According to an ISG report, 48 percent of HR professionals report that they want to modernize their HRM process by replacing the current software with a cloud-based human resource planning and automation tool. Respondents in the survey also said that they wanted to replace their existing software altogether. Only 12 percent are interested in upgrading the current solution that they rely on rather than switching to a new one.

Closing Thoughts

With so many benefits that cloud HR software offers, it doesn’t cost a bomb for your company to update your human resource planning process. It is the future because it is easy, cost-efficient, it allows access via multiple devices and effortless integration with other solutions.

If you haven’t made the switch yet, you’re losing money and your HR processes are far from optimal. The time is ripe to transition. Cloud-based HCM Platform like SkizzleHR is highly scalable and pocket-friendly. It is well suited for small-medium size organizations that need a robust set of HR management features. Its extensive reporting functionality will serve the needs of most enterprise-level HR teams.

If you’re on the lookout for a cloud-based HR solution, take SkizzleHR for a spin and see how easy it is to simplify your HR processes. Contact us today for a demo.

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