Benefits of Cloud Computing in HR Technology
Cloud technology has been around for at least a decade, but has become increasingly popular in the past few years. It is beginning to revolutionize how industries function, and that includes the realm of Human Resources. Defined simply, cloud technology enables the storage data and resources on an online server, making it more secure than if it were to be saved on a device or hard drive.
According to an article by Gartner, it is estimated that two-thirds of the IT spending will be on cloud computing, up from 57.7% in 2022.With evolving technology, cloud computing offers more functionality and flexibility in workplaces, creating a more conducive environment for its clients and employees.
Here are five positive impacts cloud computing has on HR technology:
1.Automation
In a time and age before digital HR solutions, HR professionals had to handle core HR processes such as performance management, both online and offline. Presently, cloud-based HR solutions allow for data to be processed more quickly by automating data-heavy and tedious HR processes such as timesheet submissions, performance reviews and leave. Cloud-based HR technology allows for a more efficient work environment, allowing HR professionals to spend time on more important tasks.
2. Data security
One of the highest priorities when managing data in the HR department is confidentiality. With cloud-based HR solutions, you can be assured that your data is secure; The security measures are already embedded in the cloud technology and protect the information properly. Leveraging off the cloud safeguards the information with stringent data security policies along with general data protection policy (GDPR) compliance.
3. Workforce management
Presently, cloud-based HR solutions enable efficient workforce management systems, allowing data to be processed more quickly by automating data-heavy and tedious HR processes such as timesheet submissions, performance reviews and leave. Frontier eHR provides cloud-based solutions for time attendance records, casual labour management, timesheet management system, and time-off management system, ensuring all your employee records are up to date.
4. Efficiency and innovation
With cloud technology, employees are able to share ideas with one another simply and easily as such technology promotes interaction and engagement among employees. Shared folders online allow for easier accessibility on files and documents instead of having to access and discuss everything in-person. Moreover, the implementation of software innovation is quicker with cloud technology as the changes are adopted automatically through updates without disrupting day-to-day operations. Apart from saving money and time, choosing the latest innovation will help organizations stay ahead of the curve through automatic system upgrades.
This applies to every level of the workforce, from the entry level employee to the CEO. As more and more employees are migrating and successfully navigating the cloud, employees are not only engaging with each other, but this practice advocates for a more transparent and accountable work culture as well.
5. Competitive advantage
Cloud HR Technology solutions create a competitive advantage by helping organizations manage workforce trends, with easier access to insights and reporting. Leveraging on data and analytics can help companies recognize trends in searching for candidates that fit best within the organization and optimize the process. With the possession of cloud technology within businesses, HR leaders can increase engagement and identify greater opportunities to track career paths.
Conclusion
It is safe to say that cloud technology is undoubtedly an advantage in advancing in HR technology. Creating a more efficient and conducive work environment, it allows for employees work experience to be more pleasant and enjoyable. If you would like to find out more about cloud-based HR technology, contact us today for a free demo!