HR tech transformation: A smarter and more efficient workforce

8 minutes

HR tech transformation: A smarter and more efficient workforce

A long journey to transform your digital people experience

There’s no denying it: the way companies operate is changing at an unprecedented pace. In fact, more than 90% of businesses are currently undergoing some sort of transformation, whether it be digitalization or globalization. And when it comes to human resources information systems (HRIS), this change is taking place even faster than expected because organizations need more advanced tools that can support future technologies like artificial intelligence (AI), machine learning (ML), and blockchain technology — all while maintaining compliance with regulations like GDPR and ePrivacy laws.

But what exactly does HR Tech transformation mean? How can businesses prepare themselves for these changes while staying competitive in today's economy? Let's take a deeper dive.

Why HRIS transformation is critical for business success?

HRIS transformation refers to the process of replacing outdated, manual systems and processes with new technologies that can automate and streamline HR functions. This can include everything from recruitment and onboarding to performance management and employee development. According to a study by Deloitte, HRIS transformation can lead to a 20-30% reduction in HR administrative tasks, allowing HR professionals to focus on more strategic initiatives.

To start, consider what your organization needs from its HRIS system and then compare it with your current software or platform's capabilities. Are there gaps where functionality could be improved? Are there areas where the existing solution doesn't match up with how you want employees working together in the future? These questions should help guide any decisions about whether it makes sense for your organization to move forward with an upgrade or replacement project.

The benefits of upgrading your HR system

The benefits of upgrading your HR system are numerous and can be seen in areas such as cost savings, improved employee experience, and the ability to make better decisions.

As a business owner or executive, you may be wondering why now is the right time for an upgrade. The answer is simple: technology has evolved to offer new ways of working that will improve both productivity and efficiency within your organization. A modern HRIS can provide a significant return on investment by reducing labor costs, improving data accuracy and access, and increasing efficiency.

Creating a clear HR Tech strategy to reach your destination

The key to a successful HRIS transformation is to create a clear strategy and vision for your company. By understanding the current state of your organization, you can identify where improvements are needed, as well as determine what technologies will be most beneficial for reaching your goals.

Once you have defined these things, it's time to take action. Work with stakeholders who are interested in making this change happen--such as human resources managers or executive leadership teams--to develop an effective plan. That means creating a steering committee with a diverse set of stakeholders that represent different genders, ethnicities, regions, and functions that will deliver high-value conversations for critical decision-making before, during, and after the transformation.

Investing in employee development for a successful transformation

To ensure a successful HRIS transformation, it is critical that employees be an integral part of the process. Employee training and development must be included in your HRIS strategy. Employees will need to learn how to use new systems, so they can get up to speed quickly and assist other employees who may not have been able to attend training sessions or online webinars.

You should also consider providing incentives for employees who successfully complete their training programs on time and without error; this will help motivate them toward continued excellence in their work performance while helping you maintain high standards across all departments within your organization.

Continuous improvement: The key to HRIS transformation success

A study by McKinsey found that organizations that continuously improve their HRIS are more likely to achieve long-term success. By staying committed to HRIS improvement, businesses can maintain a competitive edge.

When done correctly, continuous improvement makes it easier for you to accomplish your goals by sustaining efficiency and effectiveness across your HR department, from recruiting new employees to managing payroll data. The result? A smarter workforce.

It's worth it

HRIS transformation is a journey that every business must take. It's not an easy one, but it's worth the effort. A strong HRIS will help you attract and retain top talent, improve employee satisfaction and engagement, and even boost your bottom line. By creating a clear strategy, investing in employee development, and continuously improving your HRIS, your organization can navigate the technical journey to a smarter and more efficient workforce.

How can we help?


Do you like our stuff? Subscribe now.