Hagel and Company have put together an excellent article on how to build a business case for buying HR software. The arguments they make are designed to convince executives to invest in HR technology such as ESS even when the economy is taking a beating. Here are their arguments and some thoughts about how implementing an ESS and Onboarding at the same time might be an even smarter move.
HR Software Must Align With Business Goals
Pretty much all businesses want to increase productivity while lowering costs, so that’s a good goal to align your HR software purchase with. Reducing or eliminating paper forms is one way an ESS can help achieve this goal. It also means each employee is responsible for making updates to his/her own data directly in the database, saving HR the trouble of rekeying data into the HRMS.
Sound familiar? Yes, Universal Onboarding does the same thing from day one when most employee paperwork is typically generated. When you use automated onboarding, new hires will naturally adopt use of the ESS as well. It promotes a DIY culture that can minimize routine employee queries to HR. Interfacing onboarding directly with an ESS portal means no extra work for HR in setting the new employee up in the system.
Stop Wasting Time
Hagel and Company point out that 80% of HR’s time is spent on low value, routine processes. They don’t mention where they got that statistic, but even if your organization only spends 50% of HR’s labor hours on repetitive admin, that’s too much. Automating the transfer of ESS and onboarding data into an HRMS or other back end systems saves HR time and reduces errors. The time saved can be used to mine data from these applications to be used in developing better HCM strategies.
Positive Framing is Essential
Check out the full article for how the author suggests framing your business proposal. It involves steps like identifying the functional requirements for the system, explaining the shortcomings of your current system, and more. One step that differs is the ROI calculation. The author mentions the costs being loaded at the front end. That’s true for traditionally licensed software. With SaaS, the costs remain constant (and affordable) over time.
Combine Your Efforts
With either approach, there will be a time investment with IT and HR to implement the onboarding software. The time commitment varies depending on the number of integrations required. Assessing onboarding and ESS at the same time makes it possible to ensure the systems are compatible (Universal Onboarding is compatible with most ESS portals). Plus, rolling the two projects into one might make it easier to get IT to collaborate.
Thursday, March 24, 2011
Tuesday, March 22, 2011
HR Software Metrics
Now more than ever, HR is looking at hard numbers to make decisions about HCM strategies. This is becoming easier since HR software vendors are incorporating better tools for analysis and reporting into their products. These days it’s possible to measure in detail how a wide spectrum of workforce related decisions impact business outcomes. But evaluating the past in light of the present is just one way to look at the data. It can also be used for predictive purposes. Workforce.com has put together an article outlining how some companies are using workforce metrics for forecasting and planning – the latest strategic implementation of HR technology for employers who want an edge on the competition.
Adequate Staffing Requires Foresight
Predicting the need for and availability of labor is the most obvious type of HR analysis. Recruiters need to understand how a combination of factors such as future growth and potential attrition of key existing employees will impact staffing requirements and capabilities. This makes it possible to create retention and succession strategies targeting positions that are at the highest risk. Appropriate use of predictive HR metrics could also lead to better choices during recessions. Too many employers have found out the hard way that they laid off the wrong people over the last few years. Now, there’s a critical shortage in areas like development and middle management where employees are not easily replaced.
What Could Change for HR?
The emphasis on forecasting may lead to a greater demand for HR statisticians. The ideal candidate would be someone who understands software (like an HRIS analyst) so the best tools are implemented for capturing the right kind of data. This statistician would also have to understand how concepts like employee engagement intersect with hard numbers.
Onboarding is Ripe for Further Analysis
One area that is being studied for its ability to predict turnover is onboarding. According to information compiled by the Aberdeen Group, companies that have a well developed acculturation onboarding strategy fare better than their counterparts in retention of talent. Onboarding software plays an important role in ensuring new hires are fully equipped and engaged. Applications such as our Universal Onboarding and Acculturation Portal provide analytic tools to help HR measure outcomes and identify ways to increase efficiency in onboarding.
Adequate Staffing Requires Foresight
Predicting the need for and availability of labor is the most obvious type of HR analysis. Recruiters need to understand how a combination of factors such as future growth and potential attrition of key existing employees will impact staffing requirements and capabilities. This makes it possible to create retention and succession strategies targeting positions that are at the highest risk. Appropriate use of predictive HR metrics could also lead to better choices during recessions. Too many employers have found out the hard way that they laid off the wrong people over the last few years. Now, there’s a critical shortage in areas like development and middle management where employees are not easily replaced.
What Could Change for HR?
The emphasis on forecasting may lead to a greater demand for HR statisticians. The ideal candidate would be someone who understands software (like an HRIS analyst) so the best tools are implemented for capturing the right kind of data. This statistician would also have to understand how concepts like employee engagement intersect with hard numbers.
Onboarding is Ripe for Further Analysis
One area that is being studied for its ability to predict turnover is onboarding. According to information compiled by the Aberdeen Group, companies that have a well developed acculturation onboarding strategy fare better than their counterparts in retention of talent. Onboarding software plays an important role in ensuring new hires are fully equipped and engaged. Applications such as our Universal Onboarding and Acculturation Portal provide analytic tools to help HR measure outcomes and identify ways to increase efficiency in onboarding.
Tuesday, March 8, 2011
Oracle Brings Fusion To HR Software
In the field of HR software, Oracle is one of the most readily recognized names. As a market leader, it’s long been the company employers watch to see which way the wind is blowing with advancements in HR technology. However, for a number of years Oracle’s response to the development of SaaS as a delivery model has lagged behind smaller, more agile contenders.
Perhaps the software giant didn’t want to acknowledge any advantages of SaaS because it would make their own licensing model look less desirable. Here’s an example of an article lambasting Oracle president Charles Phillips for spreading what the author describes as misconceptions about SaaS. These include several erroneous beliefs about what customers supposedly “want”. As the past few years have demonstrated pretty conclusively, Phillips was wrong on several counts. Customers want flexibility, cost efficiency, and vendor accountability – three features that are often lacking with traditional licensing but that are a core part of SaaS.
Oracle Announces Fusion Solution
Now, Oracle is finally catching up with the competition. The company is preparing to roll out a whole suite of HCM applications that will be available via SaaS as well as on-premise licensing. The Fusion elements will include 15 HR modules ranging from existing products like payroll management to brand new talent management apps. Some of the Fusion features were gained through acquisition of smaller HR software companies; others have been custom built specifically for the Fusion line. One primary focus is on promoting a user-friendly, highly visual experience for HR administrators and managers.
A possible effect of having a SaaS version of Oracle HR software available may be a shift in the customer base. If the pricing is right, smaller businesses that could not previously afford Oracle’s license fees might be able to try these web-delivered services at a lower cost. It remains to be seen whether Oracle will be able to evolve its software at the pace seen with other HR vendors who have been using the SaaS model for many years. Typically, the philosophy and strategy behind agile application development is something that the largest HR software companies struggle to grasp.
While these companies often have a comprehensive product base, they don’t necessarily have the Best of Breed solution in many areas. That’s certainly true of onboarding. Right now, there’s still no solution that even comes close to Emerald Software’s Universal Onboarding for speeding new hires to productivity while ensuring full HR compliance.
Perhaps the software giant didn’t want to acknowledge any advantages of SaaS because it would make their own licensing model look less desirable. Here’s an example of an article lambasting Oracle president Charles Phillips for spreading what the author describes as misconceptions about SaaS. These include several erroneous beliefs about what customers supposedly “want”. As the past few years have demonstrated pretty conclusively, Phillips was wrong on several counts. Customers want flexibility, cost efficiency, and vendor accountability – three features that are often lacking with traditional licensing but that are a core part of SaaS.
Oracle Announces Fusion Solution
Now, Oracle is finally catching up with the competition. The company is preparing to roll out a whole suite of HCM applications that will be available via SaaS as well as on-premise licensing. The Fusion elements will include 15 HR modules ranging from existing products like payroll management to brand new talent management apps. Some of the Fusion features were gained through acquisition of smaller HR software companies; others have been custom built specifically for the Fusion line. One primary focus is on promoting a user-friendly, highly visual experience for HR administrators and managers.
A possible effect of having a SaaS version of Oracle HR software available may be a shift in the customer base. If the pricing is right, smaller businesses that could not previously afford Oracle’s license fees might be able to try these web-delivered services at a lower cost. It remains to be seen whether Oracle will be able to evolve its software at the pace seen with other HR vendors who have been using the SaaS model for many years. Typically, the philosophy and strategy behind agile application development is something that the largest HR software companies struggle to grasp.
While these companies often have a comprehensive product base, they don’t necessarily have the Best of Breed solution in many areas. That’s certainly true of onboarding. Right now, there’s still no solution that even comes close to Emerald Software’s Universal Onboarding for speeding new hires to productivity while ensuring full HR compliance.
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