Just as the approach of today’s modern HR has changed, so has the technology behind it. HR professionals once used paper files, metal filing cabinets, and binders to maintain and organize PTO, policies and procedures, and everything in between. Today, business owners and CEOs can access cutting-edge HR technology that streamlines all their business needs into one platform. All HR tasks, including onboarding, benefits management, payroll, and more are stored in one central location. What is HR technology? HR technology is the umbrella term used to describe the cloud-based software and platforms that manage all essential aspects of HR’s functions. With this software, employers can save time and easily access all aspects of HR. Functions of HR Technology: Payroll HR administration Talent management Employee benefits administration Employee training and engagement Document management Employee self-service What kind of impact does HR technology have on the modern workplace? As the workforce has evolved, so has HR. As more and more businesses have moved to hybrid or remote set-ups, HR technology has increased in importance as far as keeping employees on track and informed. Utilizing a platform that connects the business to its people is a key component in maintaining effective communication with employees. Many HR platforms allow employees to access and engage with employee self-service portals through a mobile app. By using the app, employees can request PTO and review their benefits and pay stubs. The ease of accessing this information can enhance your employees’ experience. For business leaders and CEOs, this software allows you and your company to reach your full potential by neutralizing the traditional HR model, which is typically very costly and inefficient. Having an HR professional on your team is important but having the proper technology behind them can help your business go even further. For example, recruiting is often one of the most difficult tasks for our clients. Incorporating HR technology, such as using an applicant tracking system (ATS) makes the recruitment process much easier. One of our clients shared this quote about their experience using the ATS module on our HR technology platform: “I just wanted to say that I love my ATS! I have the jobs posted and I’m communicating with the candidates through the system as well. Thank you so much! You made my month- actually my last couple of months!” We recognize that providing our clients with cutting-edge technology makes it easier to reach their goals. What does the future of HR technology look like? HR technology will continue to streamline essential processes like payroll, talent management, and benefits administration. As the needs of workforce management evolve, so will the technology options to administer it. This software will play a key role in helping business leaders prioritize employee well-being and skill development. With additional modules such as learning management and performance tracking, your employees will stay on track to acquire new skills and achieve their goals, maximizing your workforce’s potential. Another benefit of utilizing HR technology is the minimization of errors. For HR administration, all employee data is accurately stored, and duplicate data can be prevented. In addition to this, searching through your employee database is a simple task- you can easily view their compensation rate as well as their payroll tax status on the same file. When working in payroll, it’s crucial to have accurate calculations, deductions, and time and attendance tracking to ensure employees are paid correctly. By investing in HR outsourcing services like ESC, business leaders have access to HR technology that works for them. This software ensures accuracy for basic payroll needs but also provides W-2s, garnishment withholding, standard and custom payroll reports, and more. When a business invests in HR technology, it saves time, reduces errors, ensures accuracy, and drives success through greater efficiency. An Example of How HR Technology Can Work for You As remote/hybrid work situations continue to evolve, HR technology will be essential in the automation of tasks and employee monitoring. With the touch of a button, your repetitive tasks can be automated. Here’s an example: Before: Recruiting for your business has been difficult. You find yourself posting job ads on a few job boards, but you’ve been overwhelmed by the number of unqualified applicants filling your inbox. After you take a few hours to search through and find a few qualified applicants, you send an email to each of them to schedule an interview. When you hire a new employee, you send them a few new-hire files to complete and email back to you before they start. Now: You recently invested in an HR technology system that includes an applicant tracking system (ATS) module. When a qualified applicant applies and they meet your requirements for moving forward in the process, they will receive an automated email asking them to pick a time to schedule an interview. When you hire your perfect candidate, they will receive an automated email containing a link to an employee portal; here they will complete all the necessary onboarding documents they will need to complete to get started at your business. This saves you the time of digging through applicants and sending emails. It also preserves the applicant’s information in a secure place. The future of technology will continue to change and bring new approaches to how HR and employee administration are handled. The HR Digest has an insightful article discussing the future of HR technology. Conclusion HR technology has become the centerpiece of what human resources management looks like in 2025 and beyond. Employers have found the ease of streamlining HR tasks creates a more efficient and tactical approach to managing their essential HR functions. In addition to having access to our HR technology, ESC’s clients have access to our team of 24 Human Resource professionals to help them navigate everything from employee engagement and performance management to compensation analysis and succession planning. If you’re ready to streamline the core functions of HR and work with a friendly and dedicated team of professionals, please contact us!