HRMS Reporting: A Win on Multiple Fronts
HRMS reporting is a powerful tool. The ability to compile raw data into a useful form of intelligence for better decision making is one of the major advantages of implementing an HRMS and can be a strategic differentiator when utilized to its fullest.
Before HRMS, There Was Paper
Back in the pre-HRMS days, data for HR reporting was scarce. ‘Green screen’ payroll systems were made to process a check, not to produce reports. These payroll systems often only held payroll and tax data, leaving other HR data such as training or development by the wayside. An HR department was forced to keep any data for reporting in a basic format such as disparate spreadsheets or worse….on paper. Trying to compile a comprehensive report often took immense effort and led to a time lag in receiving and assembling the data from various sources.
Clear, Concise and Automated
HRMS reporting has changed this landscape considerably. Our HRMS now holds all HR related data—core HR, compensation, payroll, succession planning, training, etc. in one place, so that it’s easily accessible to those who are granted access.
Regular reporting can now be established and dashboards rolled out to managers via self-service, thus increasing transparency and reach. HRMS reporting is clear and concise due to built-in functionality that allows you to select, slice and dice the data as you wish to get to your desired outcome. After an initial report definition is built, it’s only a matter of running the report going forward, a touch of a button rather than intense work efforts to manipulate the data, as had been done in pre-HRMS days.
HRMS reporting is a win on multiple fronts: from spending less time on administrative reporting to providing relevant intelligence that business leaders crave in these lean times
Now that basic reports can be automated for regular distribution and managers can directly access reports via the HRMS, the HR department can focus their attention on what they do best, the ‘people’ aspect of the job, rather than the mundane administrative tasks.
HR can interact more with their business customers and stakeholders as well as combing through the reports themselves in order to discover trends or business intelligence that may be useful for triggering policy changes. HRMS reporting is a win on multiple fronts: from spending less time on administrative reporting to providing relevant intelligence that business leaders crave in these lean times. HRMS reporting is a key way to save time and money while delivering better value to the business and internal customers.
Featured white papers
HRMS Software Pricing Guide
Get your comprehensive guide to the cost of HRMS software.Download
HRMS Software Vendor Directory
Put the most up-to-date HRMS vendor directory on your desk today! Over 60 vendors listed.Download
HRMS Selection Survival Guide
Select the right HRMS for your company with this easy-to-follow guideDownload
Five signs your HRMS needs an upgrade
If your HR software is making you work harder, not smarter, it’s time to take the plunge and seek...
How HRMS can improve HR benchmarking
Top areas where HRMS can support your HR strategy and benchmarking
How to develop a knockout HRMS project plan
Learn how to develop an effective plan for your HRMS project - from the scope document to schedul...