Inviting opinions as we are brewing this year’s State of HR Tech Report  Take the Survey Now

How a Superior HR Tech drives Experience, Productivity and Performance

June 6, 2018
By Ganesh Ram
How a Superior HR Tech drives Experience, Productivity and Performance

ps-hetechmatters

Traditional HCM Systems bring along challenges with them in Core HR such as handling multiple data systems, coordination between distributed workforce and managing diverse entities. HR Tech can bring substantial impact in Core HR by reducing transaction time, improving HR teams productivity and reduce risk that arises from incorrect data.

Workforce management via traditional HCM Systems face challenges of adoption by employees while managing different work types and ensuring correct tracking of data is happening. On the other hand, HR Tech in workforce management can reduce revenue leakage via employee costs, reduce ghost employee payments and increase employee productivity.

Payroll process on traditional HCM systems are problematic due to frequently incorrect salary disbursement, as well as added hassle of managing reimbursement and probable risk of legal liability with incorrect processing. Integrated Payroll via HR Tech can reduce reimbursement cycle, improve employee experience and reduce full and final settlement.

To know more how PeopleStrong can help your organisation using HR Tech, contact us!

Payroll and HR are at the core of every organization. With new-age workforce distributed across geographies, organizations are grappling with multiple payroll processes, numerous pay-components, and inconsistent tax and compliance handling. Alt Payroll provides intelligent payroll management solution for building smarter workplaces.

Get in touch with our payroll and compliance executive to know more about Alt Payroll and how we can manage your payroll better.

Know more about Alt Payroll

Related blogs
March 23, 2023

In the absence of ongoing feedback as an HR professional, your journey towards your goals...

The 9 Box Performance Grid, a widely used talent management method, categorises employees into nine...

Are you finding it challenging to choose between OKR vs EFQM when it comes to...

Thoughts, insights, and more…