Which HR Technology is Right for Your Organization?
Updated July 2022. First published April 2019.
Many businesses have been prioritizing HR technology implementation since the start of our transition into a remote working environment. With hybrid and remote work arrangements continuing to be offered to employees throughout the U.S., this trend will likely persist. With a slew of new software being released and refurbished so often, it is an opportune time to rethink current practices and implement a new HR platform that would support and strengthen human resources initiatives.
There are three types of HR systems that are most common:
HRIS (Human Resource Information System) - HRIS is ubiquitous and automates many HR features such as recruitment/ATS (Applicant Tracking System), core HR, absence management, benefits administration, and employee self-service.
HCM (Human Capital Management) - HCMs include all HRIS features but take it one step further by adding features like onboarding, performance management, succession planning, and analytics.
HRMS (Human Resource Management System) - HRMs encompass features from the HRIS and HCM; it also includes payroll and time and labor.
Over time, these acronyms are becoming more blurred as technology evolves and businesses seek one solution that streamlines all HR functions. Below are some key questions to answer when starting the search for the HR technology to fit your needs:
Which functions are you looking for the HR technology to accommodate? (e.g., payroll, timesheets, leave administration, benefits, customizable reporting, analytics, learning and development, employee engagement, on-boarding, off-boarding, performance management, recruitment, etc.)
Do you have another platform that the HR technology should integrate, or are you looking for an all-encompassing software?
How hierarchal is your organization? The structure will be important in understanding the different user-access tiers and administrative capabilities that might make operations more efficient.
How does your team react to change? In which ways does your team prefer to receive new information? Establish a well-thought communication plan before rolling out any changes.
Please contact Kiwi Partners' HR Services with your responses to these questions to narrow your search for the HR technology that best fits your needs.
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