Employees are the heart of any business. This is especially true for mid-size enterprises, which must attract and retain the best talent if they are to hold their own against much larger competitors.
And if enterprises are to take full advantage of their talent they have to be able to manage them effectively and efficiently, says Anton van Heerden, MD of Sage HR & Payroll.
This is why we’re seeing so many mid-size and large enterprises invest in powerful, simple and flexible HR management solutions to streamline their practices, improve efficiency and future-proof their businesses. For example, our newly launched Sage HR Management solution provides enterprises with a broad and complete HR function that helps them to punch above their weight.
Such solutions allow mid-size and large enterprises to gain the upper hand in human resourcing, specifically empowering them to improve cost control, gain visibility, maximise employee engagement and mobilise business processes.
Let’s look at these four imperatives and how a world-class HR solution should address them.
Efficiency and cost control
According to studies from Aberdeen Group, the top two pressures for organisations driving workforce management initiatives are efficiency and cost control. With most of the HR department’s time spent on processing employee information and 61% of companies having three or more HR systems in place, the answer here is integration.
That is why today’s best HR solutions are available either as standalone products or as modules that completes an ERP business suite. We believe that integration can help boost business performance – indeed, Aberdeen reckons a company with unified financial and HR data benefits from accurate and exhaustive data for all its employees. This, in turn, gives HR managers an all-in-one, instantly accessible view of their business that allows them to gain better control over labour costs and hiring.
Gain compliance and visibility
Giving visibility of HR services to managers and employees is a growing challenge. Enterprises are challenged to maintain compliance on an ongoing basis, so they require a solution which not only supports a company in managing internal processes but also storing and accessing critical documentation.
One element enterprises should look for is the ability to track, report and prove how they align policies with changing regulations. Another is to offer dashboards and analytic tools that give senior business executives visibility into their HR environments.
Employee engagement
Companies around the world agree that employee engagement is vital. A recent global survey by Deloitte showed that executives rate “retention and engagement” as their number two priority. A good HR solution should help businesses improve HR service delivery through Employee Self-Service.
Managers with access to Self-Service capabilities are equipped to perform reviews, appraisals and other HR processes in a more efficient way. Employees in turn benefit from convenient access to HR services.
Serving the mobile workforce
By being accessible online and on mobile devices, a good HR solution allows managers to see a complete picture of their HR function wherever they’re in the office or on the go. This helps them make faster and better-informed operational decisions in real-time from any device and location.
Closing words
With Sage HR Management, we provide mid-size and large enterprises the tools needed to bridge the gap between HR and finance. By automating back office processes, HR departments can reduce the amount of time spent on administrative tasks and managing compliance.
In effect, this gives firms everything they need to take back control over their people and labour costs and eliminate inefficiencies across their organisation.