Business Chief Europe Magazine August 2020 | Page 52

HUMAN CAPITAL
TOP 10 BENEFITS OF USING A HR PLATFORM
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• Increased efficiency of HR operations
• Improved employee experience
• Reduction in HR costs
• Reduced need for resources
• Improved and more informed decision making with business intelligence
• Improve regulatory compliance with automation
• Provides a single set of data and viewpoint for the data
• Increased accuracy
• Improved reporting and analytics
• Reduction in time spent on lower value tasks Source : CIPHR and Natural HR
the effectiveness of HR operations and the impact it has on an organisation , in addition to providing insights on how a company can strengthen its HR processes .
4 . Using social media for employee communication While not a new concept , Accenture highlights that social media channels are effective for engaging with employees , improving collaboration and speeding up HR processes .
AUGUST 2020