Not more than a decade ago, Indian economic sector was hit with an all-time low owing to massive inflation and recession with a consequent workforce exodus with job cuts and pay cuts. An extremely difficult time for Human Resource sector across industries, met with sluggish growth. Keeping the sanity of the workforce and their payroll alive has become a tough fight ever since. Cloud based HR software have brought in the truce. You must wonder how?
Today’s workforce across industries is aware about the use and benefits of technology more than ever before. The use of cloud computing has changed the way we looked at and used technology. It perhaps sounds more difficult and complex to process cloud technology from the backend but frontend operations are made real easy to learn and work with. It’s all real-time data to play with! Cloud entities that we mostly use today include Gmail Cloud platform, a full suite of information sharing and communication like Google Drive, Hangouts, Microsoft Azure, Amazon Web services, Netflix, Whatsapp, etc.
There’s a bit of cloud in all mobile and computer friendly users’ lives.
HR is now Streamline, Accurate and Dependable. HR Management Systems have been revolutionized with the evolution of cloud based HR software as they streamline the workflow processes, all thanks to the adoption of digitization and automation. The capturing of data metrics churned out for aligned information has helped the HR forces to navigate their work upstream and deliver results with improved competency and efficiency. HRMS chronological verticals like Recruitment, Attendance, Leaves, Performance, Payroll, etc. have been brought together on one platform where data is integrated and nothing runs in siloes.
The biggest pain areas of HRs in any sector have been running effective and error-free payroll based on employee performance, attendance, appraisal, work delegation and its target achievement. Data collected over monthly or yearly basis was earlier open to miscalculations and misinterpretations resulting in inaccuracies and a critical department running with incompetency. On any given day, this represents a company adversely to its employees and other stakeholders.
Cloud technology is more dependable with greater data integrity embedded to its very nature. Experts prefer this over on-premise setup as backend solutions become more accessible and issues can be easily resolved on-cloud instead. Cloud based HR software like SHRMpro is designed to be synonymous with scalability, affordability, user-ease, comprehensive functionality, security leading to better utilization of human capital.
Reducing the run time for various HR processes and additional workload for the employees with real-time data integration of all the HRMS modules on a digital server, cloud computing has reinvented the corporate culture. Mechanical data collection and aggregation are now things of past. Companies are now greatly involved in saving time and resources with more inclusion of technology leading to easy access of data and application from anywhere well within the internet zone. It benefits in more than one way, apart from easy data access, this also facilitates cost cutting on technical infrastructure, an ideal way to paperless working, doing your bit in saving the degrading environment. That’s one way to honor Indian Government initiative of Digital India.
The full use of this technology can be realized in its implementation and usage. HR teams now work in full throttle as they are cloud-enabled in employee management and levying information, supporting to garner more employee engagement. This is an over-all indicator of the improved organization culture.
One platform where everyone can operate from is an ideal situation for workers working in regular shifts, seeking feedbacks from superiors and feeding regular data for the HR teams to capture. Cloud based HR Software have come out to be the shining example of not just data integration but employee integrations as well, it’s highly influential as feedbacks can be exchanged regularly, HRs and Managers can identify the talent and the underdogs, can appreciate them and can also reprimand the workers engaging in time-theft.
According to the Forrester’s 2018 predictions for Cloud computing, the virtual entity will be fat in future while making a continuous growth at a whopping 22% jump from $146Bn to $178Bn in one year alone. This sure is a force to reckon with as a cultural phenomenon in the making as the report expects half of all global enterprises to have cloud platforms as their modus operandi.
If you are planning to integrate HRMS into your organization then please read Unconventional HRMS Solutions Indian Companies Desperately Need
