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Utilize the Power of Advanced HCM Reporting
The business world is constantly changing and HR executives have to change along with it to remain successful. While there have been issues with transitioning technology, tools like HCM Fusion reports are helping HR executives achieve many victories within their field.
Current Struggles
From a focus group of HCM customers, three major struggles rise to the top of many business leader’s lists. Two challenges are directly related to changes in the business world: staying abreast of technology innovations and dealing with an increase in gig and remote workers. Many express worry over keeping up with the technology needed to support an expanding staff in a changing workplace. HCM Cloud makes it easier for businesses to adopt new functionalities and features.
The third challenge that came up was a lack of employee engagement. Customers often cite frustration from employees because of issues like ignored surveys. There has been a lot of success in engaging employees with a top-down approach. Establishing metrics and practices can help companies gain ground as well.
Recent Victories
HR professionals are more excited about and able to use data; for instance, HCM leaders are able to use company data in a more prescriptive rather than just descriptive manner. If you are interested in learning about how to create effective HCM reports to leverage data, take a look at our article on the topic.
chatbots and artificial intelligence (AI) are another way in which organizations can gain an upper hand. There are three broad ways in which these technologies can propel businesses forward: through cognitive insight (essentially high-powered analytics), process automation, and cognitive engagement.
HR’s image has become a transformational network of experts who wield considerable influence. HR professionals have an ability to guide executives and align to strategic business goals. Given the new data and technological tools available—and HR personnel’s increasing comfort with them—that vision is more attainable than ever.
Let DataTerrain Help with Comprehensive and Flexible HCM Cloud Reporting Solutions
In the modern world, technology is no longer an option but a necessity for HR executives. With new technologies coming up constantly, the HR department needs to be extremely agile. To learn more, get in touch with the BI support team at DataTerrain today by contacting us here.