Look for the Total Package in One Application
Human capital management technology covers every aspect of the employee life cycle, including talent acquisition, time and labor management, payroll, HR information management, talent management and benefits administration. One of the key differentiators in HR technology vendors is how they package the software and services they offer.
Selecting an HR technology provider can be an overwhelming task, but is a critical component in taking your organization to the next level.
Identifying the type of system you need, the functionality that will best serve you and your employees, and the vendor that is the best fit for your business is a challenging but worthwhile endeavor.
The right solution will help propel organizational performance and should scale with you as your business grows.
To learn how the right HR technology helps employers drive employee engagement and productivity, read Paycom’s white paper The CFO’s Guide to HR Tech: Top 6 Tips for Picking Performance-Driving HCM Software
Identify the System That Specializes in Driving Out Inefficiency With Automation
Serious consequences can result from inefficiency. Without the right technology, time-consuming manual processes will drive your business. In HR, this means operating from numerous spreadsheets; storing employee information in multiple places and formats; paper-based applications, hiring forms and benefits enrollment. Paper processes provide numerous opportunities for error and loss, putting you at risk in the case of an audit. Avoiding employment law violations may be one reason to search for better HR software, but the right technology can do so much more than just mitigate the risk of noncompliance.
Prioritize What Is Important to Employees
Your employees are your greatest asset. They are already using the internet to access information in all other aspects of their life. They expect to do the same with their work information. In your company’s search for HR technology, don’t overlook this important user group. Search for a solution that not only provides employees access to the functionality they expect, but also provides you tools to keep them engaged and productive.