Human Capital Management (HCM) software solutions make people management easier by automating compliance, benefits, payroll, reward management, onboarding, and more. As a result, Human Resources (HR) staff are freed up to be more strategic and people-focused rather than admin-focused. By leveraging technology solutions, companies can automate and streamline their payroll and HR processes.
The principal finding from the survey is that enterprises are recognising the benefits of automating payroll and HR processes. An impressive 80% are already leveraging a hybrid if not completely automated approach. Only a small percentage of respondents are still entirely committed to using manual processes alone, which demonstrates an overall recognition of automation’s benefits and a willingness to adopt relevant technologies.
The very nature of automation is based on the premise of ironing out process inefficiencies, which is why HCM software presents a concrete and financially justifiable means of improving payroll and HR experiences. HCM software utilises automation to simplify and streamline complex business processes and administrative tasks, making them quicker, more efficient and more accurate.
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