The advantages of a cloud-based time and attendance and cloud computing on the whole, is rapidly becoming a moot point. Some companies, in various industries, who were previously hesitant to embrace the power of the cloud and technology to improve business processes are quickly realizing the enormous advantages and cost savings.
In an article written by Dr. Michael Woody and adapted from The Society for Industrial and Organizational Psychology (SIOP) “Top Ten Workplace Trends for 2105,” here are the top 3 trends, in no particular order from that survey. It’s important to note, that these trends lend themselves to the importance of technology in this new era:
“Going Mobile – The world is very rapidly going mobile. There is no doubt about it. More and more people are using their smart phones to access the web, conduct transactions, apply for jobs, and even find dates. If it can be done online, it likely can now be done on your smartphone. Following this trend the folks at SIOP believe that companies will be looking to mobile technology for evaluating “selection, performance management, and training” so as to make the hiring and development of employees faster and more accessible.”
Continued Use of HR Analytics and Big Data-SIOP points out that “I-O psychologists have long recognized the value of science and data analysis for improving business and HR decisions.” They go on to explain that “with the automation of data collection and storage, more advanced hardware and software, and larger databases, empirically-based Big Data predictions will become increasingly fundamental to workplace decisions.”
Doing More with Less -With declining budgets over the past few years and stakeholders calling for better management and performance of organizations resource optimization has become core to many organization’s business strategies. psychologists are working to help organizations identify innovations that allow them to reduce costs, increase organizational efficiency, and generally do more with less.”
Bottom-line; there is no denying that the right technology will improve business processes, streamline costs and improve productivity- and while some organizations might be slow to adapt these solutions, several of their competitors are jumping onboard and seeing their profits increase.
To learn more about ATS time and attendance solution go to our website. You can also register online for our live webinar on Friday, February 13th, 2015 at 1:00pm eastern.
