The cloud has given businesses in all industries the unprecedented ability to transform their most fundamental business processes. In recent years, an increasing number of companies have chosen to leave behind their traditional human resources (HR) management platforms in favor of more agile cloud offerings.
Twitter was one of the first major companies to make the switch to the cloud for all of its HR needs; it consolidated its disparate systems onto one platform in 2012. Since then, countless other firms have followed suit.
Read on to take a look at a few of the reasons why you should consider moving your company’s HR infrastructure to the cloud:
You can manage all HR functions from a central location.
Cloud-based HR systems consolidate the various processes and functions that make up your on-premises HR infrastructure. As such, you will be capable of managing all of your HR needs from within a single platform.
For instance, your cloud-based HR system will allow you to oversee all aspects of your firm’s online benefits. From enrolling staff members to changing employee benefits plans, you can seamlessly manage your most essential HR processes.
In the cloud, your company will also enjoy more streamlined management of the employee lifecycle. This system creates a central location for all critical employee data throughout each employee’s tenure. You can easily track information such as performance reviews, certifications, and even which employees have access to certain assets.
Your team can access it remotely.
When you move any business process to the cloud, you and your team will be able to access your stored data and software from even the most remote locations. This is no less true for cloud-based HR, which your staff will be capable of using from any device, regardless of where they may be. Not only does this improve the overall flexibility of your HR system, but it also makes it easier to facilitate your most important HR processes.
Whether an employee is working in your main office or in a branch halfway around the world, your HR team can use your cloud system to link with them and address whatever needs they may have. Moreover, employees working remotely will have access to information about their benefits even when they are far from headquarters.
You will be able to improve your security.
Many organizations have reservations about migrating their HR data to the Web due to security concerns. You may find yourself wondering if it is possible for a cloud environment to guarantee the safety of your most sensitive information. In fact, in the right hosting environment, the cloud can make your HR system more secure than ever before.
Working with a trustworthy cloud provider will guarantee access to the security procedures that will protect the information you store in their data centers. You can also work with your cloud vendor to address potential security risks before they occur.
Ensuring the security of your cloud-based HR system is not only important for data protection, but also for regulatory compliance. Cloud vendors build their platforms with these policies in mind, and they continually update these systems to accommodate any changes they may undergo.
You can deploy cloud HR with ease.
When implementing traditional HR systems, you need to go through various advisors, contractors, and service providers to ensure that the process goes as smoothly as possible. Cloud-based HR platforms, however, make deployment easier and less time consuming for your business.
Chances are, your existing HR system uses open Application Programming Interfaces (APIs), which facilitate communication between disparate applications. Their presence will allow your cloud HR platform to smoothly integrate with the apps that your company currently uses. In addition, APIs ensure that your deployment of a new cloud-based HR system won’t hinder your daily processes.
Even after deployment, cloud HR facilitates a more seamless integration of HR features. From payroll functions to employee retirement plans, you can implement any features into your system with little hassle.
You can access next-generation HR tools
With the cloud, you can supercharge your firm’s HR capabilities with the latest innovations. Modern cloud-based HR has even incorporated such emerging technologies as artificial intelligence (AI). This has already drastically improved the HR tools that businesses rely on most.
For example, most of today’s cloud-based HR platforms use dynamic automation tools to streamline day-to-day processes. For example, during performance reviews, these systems will enter metrics into employee files automatically, saving your HR team from completing this task by hand. This will give them more time to spend on larger projects and pressing HR concerns. Cloud-based HR also leverages analytical tools to give your team a better angle on your employee data. Using this system, they can keep an eye on trends in data and use their findings to make better decisions.
As the cloud continues to develop and incorporate new technologies, businesses that forego the move to the cloud in favor of traditional systems will begin to fall behind their competitors. Deploying a cloud-based HR infrastructure at your company is crucial if you want your company to remain current in this ever-changing business climate.