Two-thirds (62%) of respondents are relying on out-of-date technology systems to manage HR and payroll functions, according to research by MidlandHR.
Its HR technology 2013: how mid to large-sized UK organisations are using HR technology, which surveyed more than 200 senior HR and payroll professionals, found that only 18% of respondents have taken or planned to undertake a return on investment (ROI) assessment on their current system.
The research also found that the majority of respondents were not planning to change their system. Among those that did intend to change systems, the reason was its lack of functionality, both for HR (29%) and for payroll (38%).
Declan McGrath, managing director at MidlandHR (pictured), said: “Organisations need to consider adopting a wider range of technology instead of just the basic HR and payroll administration.
“Manager and employee self-service, for example, have been proven to provide considerable process efficiency gains. This leaves HR personnel free to focus on more strategic HR activities, which have more impact on workforce optimisation.
“It’s incredibly disappointing that ROI assessments are not routinely being carried out. Technology providers should be willing to work with organisations to quantify the financial benefits and cost savings achieved.”
Good post. Implementing an HR self service portal through a HCM solution such as Dynamics AX in an organization can enhance HR efficiency. Just read an informative whitepaper on this very topic, readers will also find useful @ http://bit.ly/14qv0KJ
The 2nd HR Technology Congress Asia will be held in Bali, Indonesia on 19-20 September 2013 to dig deep into the issues of hiring, training, 360-feedback, performance evaluation, localisation, compensation and benefits, HR software and strategic succession planning for fast-growing organisations in exciting emerging markets. Call us at +65 6818 6344 or email [email protected] to find out more! Or Visit http://www.arcmediaglobal.com/hrtech
HR TECHNOLOGY CONGRESS ASIA
—————————————-
Building Workforce Predictability in an unpredictable World
————————————————————
19-20 September 2013 Bali, Indonesia
————————————————-
ASIA’S BIGGEST HR CONGRESS IS BACK!
The Center for Business Strategy and Tactics is pleased to announce that Bali, Indonesia is the
chosen venue for HR Technology Congress Asia 2013.
As Indonesia moves towards developed nation status and with its growth forecasted to be
more than 6.5% annually, competition for talent in Indonesia has never been tougher.
With Indonesian companies expanding to global markets and entering a knowledge-based
competitive marketplace, the pressure is on to identify the right people, develop them,
motivate them and retain them.
The emerging economic powerhouse that is Indonesia is catching up so quickly in creating a
globally competitive workforce, following the AEC 2015 economic integration. This is a big HR
challenge and opportunity for HR Directors to plan and map out transformation initiatives. This
means a lot of technology purchases, strategy meetings & opportunity to SELL!!!
Over 300 high-level HR professionals, solution-providers and experts converge in the most
targeted conference and exhibition dedicated for HR professionals in Asia, HR Technology
Congress Asia 2013 (19-20 September 2013, The Westin Resort, Nusa Dua, Bali). Visit www.
arcmediaglobal.com/hrtech for more updates!
Register Today in one of easy these ways:
>> Call: +65 6818 6344
>> Fax: +65 6818 6343
>> Email: [email protected]
>> Visit: http://www.arcmediaglobal.com/hrtech
Keyword: Asia benefits compensation congress Human Management Planning Predictability Resource Succession Technology