ACCENTURE ’ S FIVE STEPS TO DIGITAL SUCCESS
HUMAN CAPITAL
50 effectively customise applications to suit requirements , as well as the ability to make better decisions via data monitoring tools , business intelligence and analytics ; improve efficiency by reducing resources and time required ; improve employee experiences relating to recruitment , payroll and workflow ; and improve HR compliance with the help of automation .
However , Seshadri explains that , while “ digital technologies may be more commonplace , they are far from being fully exploited by HR leaders . While workflows have been improved through interconnected systems and the automation of paper-based processes , for many HR departments the digital giant is still slumbering . But the time is ripe to be fully awake . Organisations must employ an effective digital strategy to lower operating costs and help to streamline and enrich human resources business processes . Cloud is a natural choice and , with the right extensions , HR leaders can gain the flexibility and agility they need to serve their role ’ s future demands .”
ACCENTURE ’ S FIVE STEPS TO DIGITAL SUCCESS
With the benefits of digital HR
DIGITAL HR SAVING FACTS AND FIGURES
• Organisations can save 40 % of their data load time when using a data conversion and migration extension to reduce errors during mass uploads
• $ 80,000 can be saved with a test data and optimisation extension to secure personal data , avoiding penalty payments
• $ 100,000 can be saved with a data validation and monitoring extension for defensive reporting efforts due to reducing the number of queries
• A document creation extension can help users to build and manage templates easily Source : Accenture
AUGUST 2020