If you are wondering why to invest in your company’s Human Resources, then this interests you. The professionals of an organization have always been and will be its greatest asset. Therefore, betting on good management and talent within a company is always a good choice.
Below we will tell you about the importance of the Human Resources area in organizations and the benefits and advantages its digitization brings through the best HR software.
Digitizing HR: Importance and Benefits
Human Resources departments have acquired more responsibilities and priorities, increased by the pandemic and remote working. Ensuring a good organization, work environment, and communication among all workers has been challenging for companies in recent years. And the Human Resources department has taken on a key role.
Selection of employees, recruitment, onboarding, retention of talent, motivation of workers, and many others, are some of the daily tasks of this department. So, investing in Human Resources is a task that should be a priority for companies. Nothing compares to the peace of mind of having everything under control, right?
Learn More about 5 Elements of HR Trends 2023 Agenda
One of the most beneficial things for a company is to strengthen itself internally, investing in modern Human Resources practices that improve the day-to-day life of all its people. Digitizing this area not only means benefiting from computing but also entails a global evolution. This will also help improve the employee experience and be able to carry out internal communication that benefits both parts of the organization.
Benefits
Digitizing the HR resource department is very positive for promoting the business strategy of any entity. Here are some of its benefits:
- Eliminate barriers in the organizational structure, promoting internal communication.
- Streamline and optimize the different Digitizing HR processes, reducing time and increasing efficiency.
- Promote a technological culture and digital literacy among all human capital.
- Improve productivity due to the use of Information and Communication Technologies.
- Encourage human talent, as well as its potential.
- Improve decision-making.
- Achieve a higher quality of information so that it is current and truthful.
- Improve management by competencies.
- Being able to carry out simulations of budget, staff, or salary variations and analyze their impact on the organization.
- Improve knowledge about the company’s salary structure and personnel cost.
- Improve knowledge about the capabilities and potential of employees.
- Improve the image of the human resources department within the company.
- Improve training management.
- Improve control of schedules and presence.
- Improve selection procedures.
- Manage and identify talent.
HR is a key element for the entity’s operation. Implementing digital measures will positively influence the entire company.
Why Should You Trust Digitizing HR Software?
95% of businesses justify investing in Human Resources management consulting and software solutions as a strategic motivation. The reasons that lead to this justification are the use of strategic aspects such as achieving improvements in the quality of information, decision-making, and the integral management of the department. This interest in Digitizing HR Software focuses on the management of:
- Remuneration data.
- Data on curriculum (professional experience, training, and employees’ knowledge)
- Data on the employees’ capabilities required for the positions’ performance.
- Data on skills and potential of employees.
- Historical data on the employment relationship.
- Personal and professional data.
Why Trust NYGGS? Reasons That Motivate Investment in Digitizing Human Resources Solutions
Now that we know the importance of Human Resources and its digitization, we want to start this digital transformation. Where to start? How to do it?
At NYGGS, professionals in HR Software in India and Payroll management solutions, we help you improve your business results, organizing and digitalizing processes and information management.
These are some of the benefits generated after the implementation of the NYGGS Software in real organizations:
- Increase the productivity and efficiency of the personnel of the HR department.
- Reduction in personnel administration costs, optimizing the time dedicated to said task, reducing the volume of incidents, and improving the data quality.
- Decrease in the cost of managing vacation and absence processes, making it possible to optimize by 40% the time dedicated to the approval, monitoring, and control processes of paid and unpaid leaves.
- The management of salary structures and employee bands makes it possible to quickly identify situations of inequity in the organization, facilitating decision-making and impacting optimization and/or cost reduction.
- Reduction of the management cost of performance evaluation, increasing the average productivity of the HR department personnel.
- Reducing the time dedicated to supervising the process and analyzing its results, evaluating and monitoring their teams’ performance.
- Reduction in the cost of timetable management and presence control, increasing the average productivity of dedicated personnel, reducing management and motorization times, and improving the quality of information on employee presence times.
What to Expect for 2023?
As the study carried out by Opinion earlier this year revealed, many companies will have to answer the following key questions in 2023:
- 42% of employees want to change jobs in the next 6-12 months.
- 36% of employees admit that their productivity has decreased due to the excess of digital tools.
- 44% of HR professionals lack data and statistics to support their organization.
In short, they will have to focus on recruitment, retention, productivity improvement, and personnel analytics.
From the NYGGS (a growing and the best HR software provider in India) expert’s point of view, it will continue to break through next year beyond the existing traditional concept of the department, especially around these three themes.
1. A clear strategy to drive talent acquisition
The talent market is incredibly competitive. According to a study by Indeed, 79% of employers have had trouble hiring in the past few months. And for 76% of them, this has had a negative impact on their business.
To solve this problem, both start-ups and growing companies will continue to invest in recruiting, making the competition increasingly fierce.
Many companies will spend 2023 clearly defining their employer brand and recruiting strategy to optimize the effectiveness of the recruiting process.
To do this, they will focus on two crucial pillars through their HR software: attracting suitable candidates and developing more competitive compensation models.
2. Automation of basic HR processes
If we specifically talk about a corporate, their team comprises HR, the internal IT department, the designing & marketing department, the sales department, and the office management team, so the coordination and fluidity of the personnel processes between these sub-teams are increasingly important in work.
Therefore, the goal in 2023 is to further connect and automate the HR processes in the organization. It’s not just about ensuring that processes work but that they do so smoothly and maximize productivity.
In turn, workflow automation through the HR software drives robust people strategy: not only does it help us improve the employee experience, and enables HR professionals to spend more time on initiatives that generate added value, such as promoting employee well-being or helping leaders manage hybrid teams.
3. Emphasize leadership training
In companies that are growing so fast, leaders are important multipliers of the company’s values and culture and also serve as role models, driving motivation and commitment.
For this same reason, companies will invest strongly in training, focusing on the key elements of good leadership and consolidating the principles by which every great leader must be governed.
Based on these principles, businesses will formulate the expectations of each role, the performance objectives, and the development measures that will be adopted in the future. The company’s goal is to consolidate its team leaders’ knowledge and increase their confidence in key leadership issues. And it can be easily done with the best HR software as it provides visual analytics of what worked and what didn’t.