by Sandeep Nahata
There’s a good chance you’ve heard the term Cloud being thrown around, and you may even have a good idea of what it is.
But what is the cloud in terms of HR?
What exactly is cloud-based HR and is it any good?
With human resource management more vital than ever to the success of a business, it’s critical that HR Operations are efficiently and effectively as it can be.
ust in case you’re not familiar, it helps to understand what the cloud is to get started. A cloud system is simply a system that is hosted on the servers of the system provider and can be accessed by you and other customers on any device, wherever you are. Unlike traditional software or on-premise systems, which need to be installed on a device to be accessed, a cloud system is your one-stop shop for everything that system has to offer. Instead of expensive software costs, you can pay monthly or annually for the service.
It’s no surprise that cloud technology as rapidly taken over thanks to significant benefits to businesses and consumers alike.
So, what is cloud-based HR specifically? A cloud HR system unifies data for a centralised platform that offers better, quicker and easier HR management. You can find cloud-based HR systems that offer specific HR functionality, such as payroll systems or recruitment systems, but by far the best choice is a cloud-based HR system that handles all aspects of HR. These systems allow you to manage everything from payroll to training all in one place to help you save time and energy.
Modern HR demands are growing rapidly as the workforce as well as external factors such as legal requirements continue to change frequently. There is also mounting pressure from top management on HR operations as significant cost wastage is attributed to human resource including absenteeism and skills gaps. Today, many businesses are prioritising HR to drive significant cost savings and success. As the single biggest driving force of the entire organisation, employees need to be carefully and efficiently managed to get the best possible results. There’s where comprehensive cloud-based HR systems like SAP Success Factors come in.
The SAP Success Factors Suite is one of the most comprehensive cloud-based systems out there and is a good example of what you could and should expect from an HRMS. The suite includes systems like SAP Success Factors Onboarding and SAP Success Factors Payroll to meet all the needs of even the most demanding HR departments.
With a cloud-based system like SAP SuccessFactors, you could see the following benefits to your department, your employees and the business.
From onboarding to succession, cloud-based systems mean Human Resources can leverage insights to make better decisions about employee experiences and can more efficiently deliver those experiences.
Support employees in their succession roles with guidance and give them tools to help others by creating training materials, videos, ideas and other content.
Engaging your employees and developing these types of experiences makes for a happier and more productive workforce, and that can only be good news for your business.
Your workforce can’t work more efficiently and perform better if you don’t give them the tools to do so. Business decisions
Unlike disparate systems, a cloud-based HMRS like SAP Success Factors unlocks all your data and lets you access it in one place for better insight. Take both holistic and in-depth views of employee performance and identify trends for problems and opportunities across all your HR operations. From employee performance to department performance, you can ensure everything is aligned with and on track to achieve overall business goals. This can also help identity costs drains and better manage costs.
Today’s businesses need to stay agile, but the nature of growth makes this hard, often resulting in clunky, disparate operations. A cloud-based system means everything can grow with the demands of your business and even operates on a global scale while serving local needs. Complete flexibility means employees and top management can access all the data they need anywhere, any time and on any device.