Today, Human Resources (HR) has become a strategic advisor to businesses – taking critical talent decisions and management strategies. The HR landscape is no longer just about the softer aspects of managing people, instead it leverages the latest technology in order to add value to a business. These technology advancements have made a huge dent in the HR domain, and experts are now seeing the market flooded with an excess amount of HR software solutions for various talent engagements.
Rhucha Kulkarni, Associate Features Editor of HRTechnologist, argues that every subdomain of HR has a unique outlook, whether it is recruitment, performance management, Learning and Development (L&D), HR operations, talent management or culture. According to Kulkarni, two types of talent management software solutions are available: the holistic HR enabler, and the niche software that caters to specific needs.
She has listed below the latest top eight HR software that’s been making big waves in businesses :
LinkedIn has become an extremely popular social media platform for recruiting talent and potential job candidates. However, only a few are aware of the immense capabilities it offers, both for job seekers and for recruiters. The success of LinkedIn is attached to its rich database that offers real-time talent insights. The great thing about LinkedIn is that it’s not just for recruiters. The wealth of information in its articles and post shares makes it an excellent place to stay ahead and in check with all the latest HR trends and industry updates.
For instance, you could follow your specific interests or area of focus by joining a related group, or connecting with similar people in your field. Along with following “bigwigs” or industry experts.
GoCo.io is an automation tool for HR tasks, right from employee hiring to employee exit. It’s a savior for tedious HR work and follows a modern approach to employee management. This tool allows the HR professional to payroll and benefits administration, policy tracking and other core HR functions. And the best part: its free to use, making it a great asset in the HR range.
This talent acquisition tool works in tandem with Skype and essentially a video-conferencing solution for interviewing potential candidates. According to Kulkarni, the USP of this platform is that it leverage the power of Artificial Intelligence (AI) to better assess candidates by closely recording and analyzing the traits and behaviors of the subject.
Slack is an efficient enterprise messaging platform that’s used for collaboration and communication at the workplace. This, in turn, is able to drive HR effectiveness. Slack has a number of team-management features, conference calling, direct messaging, document sharing, one-on-one chat rooms and team meetings. Compatibility with other applications such as Dropbox and Google Drive makes this tool easy and convenient to use.
This application serves as the legal lookout for a company, especially by way of ensuring that only the right candidates with the best possible and relevant background are hired. It does so by offering background check features through a digital channel, therefore helping lower the risk of costly legal suits brought on by bad hires.
Ubiquity is a retirals management application that helps HR and compensation managers manage the 401 K plans for their employees. While there are other solutions and players available in this space, Ubiquity offers a great pricing with a flat per employee fee, plus low management fee investment options.
Keeping employees engaged and productive is one of main concerns of HR professionals that can now gain from technology adoption. Rewards in the workplace play an important role in engagement, and Fond.co is a great rewards program platform that has and recommends perk packages varying on employee profiles.
ADP is one of the largest HR and Talent Management software vendors in the US, offering talent acquisition solutions to HR professionals. The company has a host of offerings from payroll to statutory compliance, to leave management and time and attendance – a number of which are cloud-based. Its Human Capital Management (HCM) solution is end-to-end software for enterprises.
It’s a good time for HR professionals and managers to take the leap from manual to automated, if they haven’t already done so. Automation technology open up new avenues and opportunities for HR work by reducing the burden of strategic HR activities and freeing up your bandwidth to focus on value-adding work. Adopting HR and talent management software (TMS) is a sure way to keep everyone in the company happier and more productive.
Looking for more? Download our all new free buyers guide and check out the top Talent Management software vendors, along with snippets of their highest ranking products and solutions, plus the top 10 questions and tips about the implementation and selection process!
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