Advanced reveals top technology trends for the future of HR software Wednesday 17 June 2015 PDF Print HR is becoming increasingly inseparable from technology, as more companies invest in software developed specifically for this function* to support data analysis and improve employee engagement. The technology industry has responded to this demand and HR software is now a $15 billion market**. Here, Simon Fowler, Managing Director, Advanced Business Solutions (Commercial Division) outlines seven technology trends for the future of HR systems. 1) Security – As technology advances, the volumes of data held in such systems will only increase. This inevitably leads to more security risks and the need to be more diligent. It is increasingly important for customers to have access to flexible and configurable security options that meet regulatory requirements, such as data protection legislation, archiving and storage. 2) Social – Social media is widely used throughout businesses to communicate externally but also increasingly internally, for example by using applications like Yammer to share information and empowering staff to opt-in to relevant online groups within the company. The integration of social media feeds and platforms into self-service interfaces will become the norm, helping to increase employee engagement and interaction. 3) Mobile – The explosion of mobile devices onto the market has influenced a much more mobile workforce. Self-serve workflow technologies, such as Advanced’s mobile employee engagement tool, are already commonplace. HR cannot afford to be left behind, and any process or workflow should have the flexibility to be deployed via a mobile device to increase engagement and reduce administration. 4) Analytics – As big data increases, so does the demand for sophisticated analysis. Dashboard solutions have the flexibility to provide KPI information such as turnover by salary, age and gender, absence management and trend analysis in real-time, resulting in a speedier, easier process. 5) Cloud – As a cost-effective and scalable alternative to on-premise IT, the cloud continues to be a popular choice as a platform for flexible and accessible working. It also often forms part of a company’s disaster recovery measures. HR systems hosted in the software provider’s data centre are an economical solution and ensure valuable data is backed up in the face of an emergency. 6) Integration – For HR functions to become more strategic, systems need to be unified. The various aspects of HR should no longer be disparate and software is often the easiest route to integrating payroll, HR, talent management, reporting and analytics. 7) Automation – While not a new innovation, automated processes can increase compliance and best practice through KPI alerts and reminders for training and re-certification. HR software that enables any process and workflow to be automated will support businesses to prioritise compliance while remaining efficient. Expect more automation in the future. Fowler says, “HR is the hub of people information generated by a business and technological advances means more and more data is being generated and recorded. The issue lies in how to extract meaning from that data and use it to maximise business performance and staff retention through better engagement strategies. “Businesses that utilise a combination of the technology outlined above will be best placed for improving connectivity and productivity in HR and beyond. These organisations will become the business leaders of the future.” *http://www.hrmsworld.com/ten-fascinating-stats-from-hr-tech-... **http://www.forbes.com/sites/joshbersin/2014/10/15/the-top-te... To download an image please click here. -ENDS- Notes to Editor About Advanced Business Solutions Advanced Business Solutions (Advanced) provides leading integrated business applications and services that enable public, private and third sector organisations to retain control, improve visibility and gain efficiencies whilst continually improving corporate performance. Advanced prides itself on getting close to its customers by understanding their businesses and responding to their evolving needs. Advanced’s software systems comprise core accounting/financial management, procurement, supply chain management, human resource, payroll and customer relationship management systems. These systems are integrated with a range of collaborative, document management and business intelligence solutions to extend the value and effectiveness of front and back office departments. Management information systems for school and academies are provided through Advanced’s subsidiaries, Advanced Learning and Compass Computer Consultants. Advanced also provides specialist vertical solutions for the not-for-profit, sports, arts, live events and legal markets. All solutions can be delivered as a managed or bureau service. Customers are from both the public and private sectors and include Companies House, Newcastle City Council, NHSScotland, Norfolk Constabulary, Edge Hill University, WH Smith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, Liverpool FC, Goodwood, CIPD and RSPB. Advanced Business Solutions is a division of Advanced Computer Software Group Limited, a leading supplier of software and IT services to the health, care and business services sectors. In 2014, the Group won Tech Company of the Year in PwC’s UK Tech Awards. Advanced was also ranked in the Deloitte UK Fast 50, which recognises the 50 fastest growing technology companies in the UK and ranked in the top 300 technology companies in Deloitte’s EMEA rankings. http://www.advancedcomputersoftware.com/abs/ Press Contacts: Angela Mycock and Kathryn Howard, Advanced Computer Software Group email@example.com +44(0)1625 856 513 This press release was distributed by ResponseSource Press Release Wire on behalf of Advanced in the following categories: Business & Finance, Education & Human Resources, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.