The most successful organisations rely on accurate data from
their HR and payroll departments. Long gone are the days where a simple
spreadsheet can deliver the wealth of data required to spot patterns within the
workforce and make improvements in a timely manner. From tracking attendance,
training, and progression data, to monitoring recruitment and progression
metrics – HR personnel are capturing more and more information on their
employees. Although every organisation will likely have a reporting tool of
some kind, it’s important you can deliver the insights your organisation needs
in an intuitive, integrated way.
In our recent research report, HR Data: Great power, great responsibility,” 91% of CEOs said that HR reports informed business strategy
and 94% of CEOs said they consult with HR teams before making business
decisions. With nearly 60% of HR professionals running reports and presenting
data at least once a week, a tried and tested reporting solution could help
boost credibility in the boardroom and save you time too. Here are a few
sure-fire ways to know your system isn’t working as well as it could be:
1. You’re running multiple systems across
Can you access your reporting
tools and data online from anywhere? The best solutions require no IT resources
or intervention to get things running. without the need to install and maintain
applications on remote machines. Instead, they make use of a fully integrated
tool that is delivered via a web browser and administered within your core HR
solution, allowing you to keep full ownership within your HR team.
2. You have to set up different security
profiles in each system
Are your data security methods
and protocols an additional overhead on data processing? Remaining compliant
and protecting your employee data is always a top priority within any
organisation. Using the right HR reporting tool will ensure that all data
security is handled intrinsically, inherited from the parent application.
3. You can’t create customised reports for
different roles within your business
Does your solution automatically
tailor reports based on the user’s security profile? If not, you’re probably
spending a lot of time manually manipulating and exporting reports to make sure
your deliver the right information to the right people at any given time.
4. You can’t create reports on the fly
Does your solution allow you to
quickly and easily generate custom reports for your leadership team? 69% of
business leaders think that timeliness is one of the biggest issues with
reporting in their organisation – many HR professionals spend days collating
and surmising information for their C-Suite.
If you’ve gone through this list and recognised one (or
more) issues within your HR reporting tool, it’s probably a good time to think
about how the same principles apply to your HR system overall. The result could
be increased visibility and credibility for your department with your C-Suite.