Three ways cloud HCM supports an increasingly mobile and global workforce
For many midsized enterprises, growth means global expansion, and global expansion greatly complicates human resource management. As you step into new markets, it is essential to maintain visibility into your human capital, ensure compliance wherever you operate, and provide tools that improve productivity and deliver great workforce experiences. A cloud human capital management (HCM) solution will support both your global and local – glocal – workforce, and help you meet your organization’s business goals. Here are three ways cloud HCM can help.
1. Engage your workforce and deliver a consistent corporate experience
As your organization grows, many of your employees are likely to work remotely, meaning technology solutions play a significant role in engaging them and connecting them with your organization. Cloud HCM technology is an ideal tool to build the engagement of your remote workforce – it fosters communication, collaboration, and connection. Regardless of their location or their device, employees can share a consistent corporate experience throughout their employment lifecycle.
The popularity of employee self service continues to grow. It just makes sense to empower your employees to manage their personal data, whenever and from whatever device they may be using. An empowered employee is an engaged employee – research from the Aberdeen Group shows that the autonomy provided by employee self service tools leads to 18 percent higher engagement scores. And an engaged employee is more productive and much less likely to leave the organization.
2. The visibility only a single integrated solution can deliver
As companies expand beyond their local borders, it’s common to find them relying on multiple, disconnected HR systems and spreadsheets. You may have an HRMS application housed on premise at your headquarters, but the system is inaccessible to managers and employees that work remotely. As a result, HR and payroll data is passed by email and rekeyed on both ends of the exchange. It’s inefficient, error prone, and robs your organization of the visibility into your workforce you need to make strategic operational decisions.
Cloud HCM provides a single, scalable database serving as the definitive source of your organization’s people data, ensuring HR teams and management have clear visibility into workforce operations, both at home and abroad.
3. Easy to scale and deploy as you grow
Cloud HCM is scalable and fast to deploy, enabling you to quickly roll out the solution to new offices, at home and abroad. Rather than investing in additional IT resources, you can focus your efforts on growing your core business operations.
Traditional HRMS applications rarely incorporate the multinational capabilities that newly global companies require. But Cloud HCM is designed with glocalization in mind. By providing multicurrency and multilingual support, integration with multiple payroll applications, and broad flexibility to adapt to local rules and regulations, cloud HCM works wherever your business takes you.
With the right cloud HCM solution, designed for multinational organizations, you can grow employee engagement, centralize people data into a single solution accessible from anywhere, and promote your glocal operations.