HR Technology: Leveraging HRIS and HR Analytics

Posted on August 8, 2024 | Roland Hearns |
Laptop, phone, and glowing network icons.

Human Resource Information Systems (HRIS) and HR analytics have become indispensable tools for modern HR departments. By harnessing the power of these technologies, organizations can streamline processes, make informed decisions, and drive business success.

That said, a powerful tool isn’t worth much unless one knows how to use it the right way.

Precision and foresight are required to use technology effectively. For this blog post, the team at Cisso Bean & Dutch will be explaining why that’s the case and what you can do about it.

HRIS vs. HR Analytics

  • An HRIS is a centralized system that manages employee data, including personal information, payroll, benefits, and performance metrics. It automates HR functions, improves efficiency, and reduces manual errors.
  • HR analytics, on the other hand, involves collecting and analyzing HR data to uncover insights and trends that inform strategic decision-making.

While these tools can be thought of as separate in some ways, they certainly dovetail in terms of their intended purposes, and with the proper planning, they can work in tandem to create strategic benefits for your team.

The Perks of HR Technology

Proper implementation of HR tech delivers widespread gains that can give your entire organization a boost. Below, we’ve listed some of the most essential perks, including:

  • Increased efficiency: Automating routine HR tasks frees up time for strategic initiatives and allows HR professionals to focus on high-value activities.
  • Improved data accuracy: HRIS centralizes employee data, reducing errors and ensuring data consistency.
  • Enhanced decision-making: HR analytics provides actionable insights to support data-driven decisions.
  • Improved employee experience: Streamlined processes and self-service options improve employee satisfaction.
  • Compliance adherence: HRIS helps organizations stay compliant with labor laws and regulations.

Maximizing Your Applicant Tracking System (ATS)

Your Applicant Tracking System (ATS) is a crucial component of your HR technology stack, allowing you to fine tune your recruiting approach with constantly evolving data.

 To maximize its value, focus on:

  • Job description optimization: Use relevant keywords to attract qualified candidates and improve search engine visibility.
  • Candidate experience: Streamline the application process and provide timely communication to enhance the candidate experience.
  • Data analysis: Track key metrics such as time-to-fill, source of hire, and candidate drop-off rates to identify areas for improvement.
  • Integration and Talent Pipelines: Integrate your ATS with other HR systems, then build and nurture talent pipelines for future hiring needs.

Leveraging HR Analytics to Drive Business Success

Numbers don’t achieve much without actionable insight and proper implementation. To effectively leverage HR analytics, focus on key performance indicators (KPIs) that align with your organization’s goals.

Some essential metrics include:

  • Employee turnover: Analyze turnover rates by department, tenure, and other factors to identify trends. This can help you zero in on pain points and potentially eliminate them.
  • Time-to-fill: Measure the efficiency of your recruitment process.
  • Employee engagement: Track employee satisfaction and identify areas for improvement.
  • Training effectiveness: Evaluate the impact of training programs on employee performance.
  • Compensation analysis: Compare salaries and benefits to industry benchmarks.

Ultimately, technology’s effectiveness depends on how well it is used. By combining data-driven insights with strategic thinking, you can get the most from your tools and be more efficient with your efforts overall.

Wondering if you could get more out of your HR technologies? We’re here to help! Our experience in best practices research, workforce planning, and development can be accessed through our human resources consulting services, so please feel free to contact us at (205) 542-8881 or email us: [email protected] if you’re interested in learning more.