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HR Needs To Fly, That’s Why It Has To Be Taken To The Cloud

 

Cloud is not a technology so much as a platform for business transformation. With people still at the heart of every company, Human Resources have to leverage Cloud to ensure their own discipline keeps up with the demands of the digital era. The expectations on HR are growing in line with developing business models and rising customer education. Staff hiring decisions need to be right every time, onboarding through to productivity needs to happen faster and ongoing employee education is more important than ever in a world where the status quo never stays the same.

According to market reports on Tribaux, the core Human Resource software market is expected to grow from US$ 6.397 billion in 2018 to US$ 9.35 billion by 2023, at a compound annual growth rate of 7.89% during the forecast period. Among the factors leading to this are the rapid growth in the cloud and mobile deployment as well as increased automation in the field.

Automation on the cloud for HR allows all the information to be centralised. With an HR management systems portfolio, a cloud-based solution provides a unified approach in dealing with the various tasks and sectors related to HR. This includes tasks such as leave approvals, claim applications and the measure employee KPIs.

Switching from an on-premise to cloud-based HR Management System (HRMS) can contribute to better strategic and operational workforce management in an organisation. The cloud has revolutionised HRMS in the following ways:

  • The HR registry becomes more organised with scalable storage and better accessibility smoothens the retrieval of administrative workflows.
  • Automation will allow certain administrative tasks to be completed more efficiently, at a much faster pace and with fewer errors, allowing employees to focus on more important work.
  • Providing full visibility on what employees do at work by measuring the amount of work they do and keeping track of their performances.
  • AI and Machine Learning can help reduce biases in decision making based on data in real time.
  • Reduce the need for paper-based administrative tasks like leave applications, claims and travel reimbursement, etc.
  • While cloud allows information to be accessed anytime, anywhere, it doesn’t compromise on security because any sensitive information can be made accessible only to authorised employees.

When it comes to Talent Acquisition, we really see where the Cloud disrupts the way things are done. Recruitment these days happens online on cloud-based job sites, job boards and social media channels. Cloud-based HR solutions can leverage that, immediately posting jobs across thousands of online locations, targeting a much larger yet more well-defined talent pool.

SAP SuccessFactors provides businesses with the platform to meet these benefits. To find out more about SAP SuccessFactors with Osiris, click here.

 

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