Recruiting qualified people, staying on top of labor costs, and keeping your employees happy and motivated are all things that are generally handled independently. This can result in a lack of cohesion, lead to disengaged teams, hours of unneeded admin. And also, a lack of vital insights that are so important for informing and driving continuous development. Lack of compliance, since keeping correct records of the entire staff becomes an impossible task, resulting in costly fines for failing to meet regulatory and audit standards.
Businesses may ensure they are prepared to address today’s industry challenges by combining the diverse parts of personnel management into one seamless system with a single source of truth.
Challenge 1: Data clarity
Without access to meaningful data and intelligence across the entire employee lifetime, it’s not easy to make informed decisions and improve performance. Despite this, many businesses are unable to obtain crucial business information. Such as the relationship between labor cost reduction and sales revenue maximization. You must be able to make real-time adjustments to boost labor efficiency to be profitable. Without these insights, many businesses are ill-equipped to make strategic, data-driven decisions.
Challenge 2: Compliance
Each year, hundreds of businesses are punished for violating labor regulations. It’s tough to maintain a high level of regulatory compliance in payroll. And especially; when data is manually imported from a different time and attendance system. Your employees must be paid correctly, following applicable regulations and their working hours. Nobody wants to pay their employees incorrectly or be accused of breaking the law, as this could damage their reputation. It’s all too simple to make a tiny mistake that results in a cost or a warning.
Challenge 3: Efficiency
It’s challenging to make staff more productive, especially when there are so many diverse procedures across locations and headquarters. Is your team energized and enthusiastic? Are you cutting labor costs and assembling the most efficient roster you can? Is it possible to accurately track time and attendance and submit it to payroll without depending on manual data entry or complicated integrations? Taking all of these aspects into account might be tough, but getting it right will benefit your entire firm.
Challenge 4: Legacy systems
Many great firms are thinking about “digital transformation,” and with good cause. The ability of businesses to accept new technology, stay on the cutting edge of innovation, and remain nimble is critical to the future of brick-and-mortar establishments. Many firms still rely on antiquated systems and processes, although automation and artificial intelligence may help them make significant changes across the board (AI). This merely adds to the workload and means that employees aren’t given the tools they need to perform at their best.
Get in touch
If you’re looking for unified systems and processes to help your workforce department solve these problems, get in touch with the DHRP team immediately. We have some fantastic Microsoft solutions to assist you and aid you in implementing a better workforce management system in your company.