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We all know that our data holds the solutions to helping us improve company performance, employee satisfaction, compliance, and many essential aspects. However, data is being generated at a much greater rate now than ever in the past, leading to mountains of data. Fortunately, this data is now also stress-free than ever before to sift through with the help of HR and analytics.
HR Can Collect and Manage the Data:
Before analytics even arises into the picture, the HR is hard at work collecting and managing the data as it comes in. This protects management time from having to file and organize data, while setting the data into a digital database from which it is much more easily retrievable. Some data is obviously valuable, but other data may seem insignificant and may come within reach later, so it is convenient to have readily at hand.
Presents Data in Different Formats:
After the data has been together, it can be easily go through by choosing a reporting style in which to view it. Some data is easier to view in a chart, while other data may be stress-free to view in a graph or list format. Most HR Software solutions come with hundreds of reporting selections and may even offer customization reports, permitting you to pick and choose what it is you are viewing at any given time and even rescheduling it to deliver different insights.
Cross References Data across Organization:
Data does not exist in a void, so it makes sense that it shouldn’t be reviewed alone. This is wherever analytics come in. Cross referencing data and analyzing it using different tools may help you to commercial configurations and make decisions quickly based on real information.
Communicate Large Amounts of Information Quickly:
Analytics tools make it thinkable to break data down into a more digestible format, which makes it much easier to then lead into that data across the organization.
Can Help to Forecast the Future:
While analytics aren’t accurately a crystal ball, they can be of support with future forecasts when it comes to labor needs, scheduling, absences, and many other HR issues.
PeopleQlik’s HR and Payroll software can easily manage data in central repository system instead of individual file. It is automated workflows which reduced the errors and save time. It is manages all the tasks of employee payment, employee bonus and employee taxes. Tasks include working hour of employee, accurate attendance data, deduction in pay etc.