Cloud-based applications like the HCM cloud have revolutionized the business environment, making it easier to communicate, share data and make more efficient decisions. Forward-thinking businesses are capitalizing on this evolution and are realizing its benefits, such as increased productivity and collaboration.
In this post, we discuss how technologies such as Oracle Fusion HCM are fostering collaboration in the workplace.
Most modern businesses are located in different geographic regions, a factor that makes cloud-based applications necessary. Through such, employees can now work from anywhere, at any time, and from whichever device. Teams can now communicate in real-time, thus improving productivity.
Each employee or team has access to the projects they are working on and can easily share their views and changes without having to go through complex protocols.
It improves file sharing thus ensuring faster response rates
According to statistics, 40% of the corporate data uploaded to cloud applications is intended to be shared. Cloud applications not only allow for fast and easy data sharing, but businesses can now share huge files securely.
Cloud applications can be seamlessly integrated with your employees’ web browsers, email programs, and other messaging forums so that they don’t waste time shuffling between windows or tabs.
It improves team accountability and record keeping
Cloud applications preserve data activity, communication records, and files shared in real-time, enhancing accountability and transparency. Time-stamped communications enabled by cloud applications is a great way of establishing ground rules and training employees for different tasks. The training can be disbursed in bite-sized chunks to allow for easier comprehension.
Teams that operate in such forums where duties and instructions are visible as well as where they can make suggestions more collaborative and productive as they:
•Are aware of their peers and employers’ expectations
•Are seeing changes updated in real-time
•Are all on the same page
•Cloud computing is an effective way of streamlining documentation processes as project related files are stored in a centralized location.
It improves the decision-making process
Through these cloud-based reporting platforms, teams can make data-driven and efficient decisions. Data is displayed to team members through visual analysis tools, dashboards, and reports. Other tools such as social networking features allow for easy sharing of such data and brainstorming.
Adapting scalable cloud solutions will ensure that your business remains relevant and competitive in a highly charged employment market. A business’s ability to attract, keep, and optimize employee performance through effective collaboration improves your team’s engagement and cohesiveness. Contact us here to talk to our experts about business intelligence solutions in the cloud and BI support services.