To keep pace with the rapidly changing markets, businesses are accelerating their digital transformations in all areas.
Implementing an effective HR strategy and using the right solution to achieve the organization's goal is something managers cannot ignore in today's competitive market. Accordingly the HR field, which is relatively slow in changes, is showing an increase in trends in adopting HR solutions for workplace improvements.
In this article, we will explain further about HR solutions and the three major areas of HR solutions that increases the efficiency of employee managements.
HR solutions is an umbrella term referring to tools and technologies businesses use to manage employees.
HR solutions can include a diverse set of features and functions for employee management. In addition to providing a digital portal for storing, accessing, and processing information about personnel, HR solutions can branch out beyond basic human resource management to include payroll, talent management, time and attendance, business insights, and many other sectors.
The past model in the early 2000s was a software sold in license mode, which is also known as “on-premise” that requires installation on the company's physical servers.
It had more focus on digitalizing payroll tasks by tracking manually recorded work hours and attendances.
Today's HR solutions focus more on automating tasks related to human resources management processes and go beyond the basic fields of management such as payroll, performance, benefits, recruitment and onboarding, etc.
As part of a business management strategy, HR solutions have become a means to contribute to company growth and company goal achievement through effective and accurate management in human resources, than simply digitalizing HR tasks.
As the term “HR solutions” can refer to any tools businesses use to manage human resources, HR solutions usually consists of a diverse set of features and functions for managing an HR process of a particular area.
Although some areas may seem similar, HR solutions typically fall into the following three areas
Core HR refers to the basic functions of an HR department such as managing and processing basic HR data. Core HR solutions typically store basic information of employees in a centralized database. Based on the secured database, a Core HR solution integrates basic HR functions such as payroll, reports, expenses, performance management, etc.
The goal of Core HR is to manage core information of employees and automate related basic management tasks.
Source : SAP Success Factors Website
In this category, you can find global solutions such as SAP Success Factors, Workday, Oracle, etc.
Workforce Management includes integrated set of processes which an organization to effectively forecast workload and staffing requirements.
Beyond basic time and attendance management, a comprehensive workforce management encompasses a range of activities such as : staff scheduling, labor forecasting and budgeting, compliance, payroll, leave management, benefits, and more.
Also, through integration with Core HR solutions, Workforce Management solutions can provide accurate payroll based on the synchronized personnel information.
The goal of Workforce Management is to better schedule and deploy employees to minimize human capital risks within the organization and maximize the operation efficiency by simplifying the related processes.
Source : Kronos Website
In this category, you can find global solutions such as Kronos, ADP Workforce Now, Deputy, etc. And Shiftee is also one of the HR Solutions that focus on workforce management field.
Talent Management refers to a solution that covers a vast array of processes for bringing and fostering human resources with the right experience and potential into the organization.
From recruitment to talent development, Talent Management focusses on onboarding, performance assessment, compensation, career development, etc.
The goal of a Talent Management solution is to improve employees' talent development and retention by automating related HR processes and managing individual assessments.
Source : Cornerstone Website
In this category, there are some global solutions such as Cornerstone, Ceridian, etc.
Effective workforce management is essential to strengthen your business's competitiveness.
Among the three major areas of HR Solutions presented above, Shiftee is a cloud-based solution specialized in Workforce Management and provides everything you need to manage your workforce including ease of operation, data accessibility, secured security, and much more.
Without the need to install a complicated software, you can access Shiftee anywhere at anytime with your PC and mobile. And we provide workforce management features required for all industries in a single solution.
According to a human resource management market analysis report from Grand View Research, Inc, the global human resource management market has been growing rapidly over the past decade, and the market size is expected to reach up to USD 43.29 billion by 2028.
Moreover, a survey from Selecthub shows that 100% of HR buyers were open to a cloud-based solution, which indicates the overwhelming preference for a cloud solution. This acceptance of the cloud solution among HR leaders shows that buyers are turning into true all-in-one solutions with all HR features available in a single platform, which is not possible in the existing on-premise(license mode) software.
In fact, right after the outbreak of COVID-19 in 2020, there was a significant increase in the adoption of Shiftee from large businesses to respond to the changing workplace environment. As the data shows that Shiftee sales doubled by the end of 2021, we can all conclude that adopting the right HR solution to respond to agile and rapidly changing environments is vital.
Shift your focus away from just digitalizing daily tasks.
Go beyond managing automated HR processes and lay the groundwork for your business growth, focusing more on the actual value of your company.