Introduction
As your business grows, so does your human resources to-do list. The right HR technology can help your organization work smarter by automating repetitive processes. It can also support compliance by providing access to resources and guidance on common issues.
Bottom line: When you spend less time on redundant HR tasks, you’ll have more time for revenue-generating activities.
There are three types of HR technology options to choose from, including:
1. INDIVIDUAL (BEST-OF-BREED) SOLUTIONS help you simplify and streamline routine HR processes and house your employee data all in one place. This option is considered more of a do-it-yourself technology solution and makes it easy for you to zero in on a specific set of tasks.
2. ALL-INCLUSIVE (INTEGRATED) PLATFORMS allow you to expand the level of HR processes you manage into a larger, all-in-one system. You’ll be able to automate more tasks and get support from HR service professionals.
3. HR OUTSOURCING WITH HCM TECHNOLOGY is the most comprehensive option of them all. This is a full-service HR solution that allows you to outsource some or the bulk of your HR responsibilities. Plus, you get all-in-one HR technology and a dedicated HR service team by your side.
In this guide, we’ll focus on options one and two and show you how to determine the best HR technology for your business. You can visit our website to learn more about the third option, HR outsourcing with HCM technology.
