Many organisations are faced with the challenge of assembling the jigsaw of systems they use for different HR functions. Deloitte reports that less than 2 out of 10 companies have a single integrated HR solution, and the majority of companies run at least 3 different systems. This lack of integration creates inefficiency and means that companies are limiting the return on their technology investment.
HR technology can assist in the deliver of strategic services (e.g. reporting and planning) as well as at a transactional level (leave, compensation etc.). However, to deliver strategic services based on transactional data, your HR department is at a significant disadvantage if the systems used for either class of activity are not integrated. Problems can arise from data duplication and inaccuracies, difficulties with accessing information, and a lack of real-time analysis. This can create an information gap between HR and senior management when it comes to modelling workforce needs.
To ensure the optimum performance of your HR department, a fully integrated HR management system is a vital tool.
When reviewing your strategy for HR technology integration, key questions need to be considered such as:
- Is it an effective use of resources to upgrade our existing legacy systems?
- Should we consider Software as a Service (SaaS) and the deployment of a cloud HR solution?
- What do we risk by continuing with our existing disparate systems and what is the cost/benefit analysis of making a change?
- How can we best integrate and standardise HR service delivery across our organisation?
While some companies will opt for an expensive and time-consuming upgrade of existing, older technology, many have already made the switch to a SaaS delivered cloud HR solution such as XCD HR.
A number of XCD HR’s clients are multinational, professional services companies, who have recognised the value we add in delivering a fully integrated suite of cloud HR solutions, covering the entire range of functionality they require at both a transactional and service delivery level.
XCD HR’s SaaS model for delivering cloud HR solutions means there is no upfront cost in purchasing the system and your organisation is not responsible for upgrades. XCD updates its solutions frequently and automatically through regular product releases, adding improvements to the modules you have chosen as they become available, with minimal downtime and without burdening your IT department. XCD HR can be delivered ‘out of the box’ with a quick-start implementation yet it is also highly configureable to the specific requirements of your organisation – for example languages, currencies, business processes and workflow can all be configured to meet your needs. If you require additional customisation of our standard products, this is also available.
Our SaaS delivery model means there is no requirement to buy the system outright, and that costs are limited to implementation and license fees. This means that up front costs are much less than traditional, on-premise systems, and that return on investment is faster. There is also minimal intervention required from your IT department – their role is limited to supporting set up, testing and deployment meaning their time and focus is freed up to concentrate on other business critical activities.
To learn more about how XCD HR’s cloud HR solutions can add value to your company, please visit the contact us section of our website via the top right hand corner of this page.