There is a massive number of HR tech vendors but we have concluded that a lot of their platforms don't communicate with each other.
When companies have up to nine different platforms for different HR functions, it is important to unify these systems and get them to communicate with each other.
Lars Schmidt, the founder of Amplify and co-founder of HR Open Source, explains the growing need for unifying systems.
Lars Schmidt's statement
Lars Schmidt: "Well, I think that that’s a very real component of HR and recruiting right now, so we’ve got, I think there’s over 24,000 (the statistic was mentioned a few months ago), 24,000 HR tech vendors globally and think about that, that’s just a massive number and the amount of capital coming into the space is huge, so you look at the expo floor and you’ve got new start-ups coming all the time like literally every week there are new things to learn and so natively a lot of these platforms don’t communicate with each other and so you have to build custom integrations and the HR tech stack in most modern organizations has seven, eight, nine different systems in place to achieve different things.
And so I think the real challenge and opportunity for this space is to figure out how you can get these systems communicating with each other more seamlessly. So, from an end-user perspective, from an HR recruiting practitioner, I can get in, I can quickly use them to get the things that I need, and then I can get on to my work."
The lack of connectivity and communication between HR tools is a hindrance to productivity. HR services are overwhelmed with clerical work.
Dispersed data: Businesses have to deal with their tools in a dispersed manner: one program to manage payroll, another to manage performance, another to manage leave & absence. This is a time-consuming way to work since you have to do multiple-entries into different system each time a change occurs.
Vulnerable security: many businesses work with many vendors. In terms of security, handling HR data is extremely sensitive. It’s every company’s nightmare to be the subject of data hacking. Having to deal with various software demands immense attention and trust from all their suppliers. It requires constant database updates, with a significant risk of error or delay.
Software providers have proven to be extremely innovative. Expectations have become more and more demanding. Personalization is now an indispensable criteria when businesses look for new solutions. Businesses want a platform to fit perfectly with their needs, corporate culture, and their employer brand.
They desire what is best for their organization. Today, it is one thing to equip yourself with the best software on the market (payroll, talent management, compensation), but it is other to be able to connect them.
Businesses have reached a state of mind where they now acknowledge the multiple benefits that can bring HR technology to workforce productivity. They are looking for human-centered applications that care about employees having positive experiences with HR technology.
From a user perspective: businesses that put the human aspect at the top of their list of priorities will reach great results. Implementing a unique, easy-to-use and intuitive platform to its employees can only be beneficial. With just one log-in, employees can have access to all their HR tools and search for information more rapidly.
It is a snowball effect. A user who works with a simple interface will feel competent, achieve their tasks more efficiently and therefore, will be more professionally engaged.
With a single login, an employee will have access to all their HR modules in a single portal. They will be able to track their training, complete assessments, fill out forms, access their HR dashboard, and track the progress of their objectives.
In addition, the self-service option allows for greater autonomy, encouraging employees to manage their data themselves (address, bank details, etc.).
From an HR perspective: regarding the human resources department, a unified platform will put an end to tedious and repetitive tasks. HR executives can reach operational excellence and focus on more added value initiatives. Here are some advantages of unifying HR tools:
Optimize your recruitment process: Process your internal and external applications efficiently while improving your employer brand.
Create HR dashboards: Create multiple HR dashboards to track the progress of your workforce performance. PeopleSpheres offers you dynamic HR dashboards that update automatically. Customize, filter, and pull information from your different HR tools.
Manage access rights: decide and modify at any time who can have access to what according to the role and level of responsibility. Give access to additional functionalities progressively.
Create document templates: create an unlimited number of documents, access several templates and add conditions.
Improve your internal communication: conduct satisfaction surveys, invite your employees to participate in an idea box. Communicate on various news with custom widgets.