The Rise of SaaS HR

 

In the ecosphere of technology, there has always been massive swings from the old school, that bring a wave of revolution to life. It not just elevates the industry to a next level but also reconditions the past practices. Every arena and pace of life, every segment has re-vamped itself enough to fit into the lives of a modern-day office worker, catering to the real needs, as compared to prolonged and time taking old mechanisms, which might have been a novel discovery at that time but have lost their significance in today’s world. As time passes, things that were good enough then, might not be noteworthy today, including some very humongous software technologies, that met the requirements of the corporate world then. The speedy conversion of these sectors, bring awareness to our work worlds, urging us to move forward and implement the very latest, to stay in line and bring onboard the best practices possible.

Similarly, in the HR world, SaaS HCM has been effectually substituting on premise software, introducing a wide range of HR technologies that go beyond the scope of core functionalities. The new wave of SaaS HR brings forth the fast paced Socially knit HR tools, that go beyond engagement and user experience. They incorporate business intelligence tools, that are ready to foresee trends and help the C-suite decision making a notch higher than expected. So, the single point, single function HR solutions do not serve organizations as much as they are expected to, paving way for the modern solutions, to help the companies into evolving at a much earlier cycle and adapt themselves accordingly. An HCM Solution has a much more flexible platform and has the aptitude to develop and become a multi-purpose and all-inclusive software, that can build innovative functionality, according to the size of an organization. These software technologies may become an integral part of a company early on and grow with the organization as it grows. The new and rising trend of SaaS HR has captured a considerable volume of audience in the market, by replacing the huge one-point ERP solutions of the past, compelling them into implementing the newer technology themselves. Oracle, Sap, Workday etc. all organizations trapped in the past have been hard-pressed by the fresher players in the market, to move forward in an innovative direction, just by following up with younger companies and vibes they are creating.

For larger companies to stay competitive and ahead in the fast-paced race of technologies and to obtain the best possible talent, they need to re-think their mantra of streamlining workloads, instead of putting the employees first. The state-of-the-art HCM encompasses a wide variety of tools that are specifically designed to formulate team strategies and highlight the need of bringing forth employee connectivity and recognition in all forms. The modern systems tend to widen a company’s horizon and focus at the same time, enhancing the user understanding and building a reliable mechanism that improves the learning and capabilities of all employees at the same time. There is a considerable evidence that measures like, building engagement tools, that track employee loyalty, based on mobile usage and messaging platforms, along with surveys and targeted goals management, have proven their worth in the field of HR. The corporate structure could immensely benefit from advanced performance evaluation, mentoring and coaching plans and hiring tools, including the modern applicant tracking mechanisms, all leading to same conclusion that the SaaS HR is overwhelmingly replacing the old methodologies and taking over the market by storm.

These trends indicate, that clearly big names like Oracle and others must evolve and compete with newer companies in that area, as they are already cloud based and provide more value compared to their legacy systems. The shift towards SaaS HR is one of the leading trends amongst the corporate world along with CRM and other systems but the question here is, how long are the old legacy systems going to last in this battle of evolution and competing for attention, as the users recognize that deployable on-point solution are at the brink of extinction. According to Forrester projections, the total scope of HR administration and SaaS HR is going to grow as much as $24 billion in 2018. This tells us how the subscriptions models of the businesses like WebHR ( https://web.hr ) have penetrated deeply into the markets and are replacing the way US consumers behave and take ownership of the products available.

The Consumer trends have shifted hugely; from properties to clothing and from edibles to banks, nothing is how it use to be. Everything is moving to subscription-based solutions, the cassettes, CDs, DVDs, nothing is owned by the consumer these days, we very comfortably download music on Spotify and that is that. The mobile phones, specially the iPhone were something only the elite could afford and were symbolic of how well a person is doing financially, all one must do today is to get a subscription through a mobile service provider and get it on a monthly fee. This has allowed the users to keep upgrading without spending too much in one go. The banks own our houses and cars, the concept of owner is long gone. We no longer own the text we read, as Amazon kindle helps us read the text owned by Amazon itself, we can even get our printer inks every month on the subscription. The shaving and grooming need no frequent visits to the nearby stores as that is also subscription based, as a package arrives every month to provide you with your monthly quota of appropriate utilities along with a little extra every now and then. The concepts of ownership are changing fast and so is the technical world and the way corporate world behaves.

This exemplifies how the SaaS HR companies like WebHR (https://web.hr) have forced the consumers to re-think their need of on-premise, one point archaic legacy system and replace it with , fast, innovative and dynamic method of managing their people.

WebHR On Top At FrontRunners® for HRIS Management

Congratulations to the team at WebHR , it is on the top of the grid!

WebHR is a FrontRunner for HRIS software!

More than 520 products were evaluated and only those with the top scores were featured. You may view the report here: https://www.softwareadvice.com/hr/#top-products

What Is the FrontRunners Quadrant?

A Graphic of the Top-Rated Human Resources Information System Products

FrontRunners uses real reviews from real software users to highlight the top software products for North American small businesses.

Our goal is to help small businesses to make more informed decisions about what software is right for them. That’s why we engineered FrontRunners.

To create this report, we evaluated over 520 Human Resource Information System (HRIS) products. Only those with the top scores for Usability and User Recommended made the cut as FrontRunners.

How Are FrontRunners Products Selected?

 

Products Are Scored Based on User Reviews

 

The gist is that products are scored in two areas—Usability and User Recommended—based on actual user ratings.

To be considered at all, products must have at least 20 reviews published within the previous 18 months, and meet minimum user rating scores. They also have to offer a core set of functionality—for example, HRIS products have to be able to act as the system of record for employee data with personnel tracking and reporting capabilities.

From there, user reviews dictate the Usability and User Recommended scores. Usability is plotted on the x-axis and User Recommended on the y-axis.

You can download the full FrontRunners for HRIS Software report here. It contains a table showing the scores of each product in the Frontrunners report.

WebHR – A Smart Personal HR Assistant

 

Intelligent assistants are driving things in directions where we would have never perceived they would. These smart assistants, or virtual assistants prove to be valuable, based on their accuracy and unbiased view of the scenarios. Most personal assistants have the capability to compile and bolster up statistics for higher executives, like emails, calendar invites, calendar events, files and enumerate a variety of tasks that need the utmost attention.

WebHR has introduced a personal HR assistant, which very smartly becomes a go-to, “smart HR manager”  It most likely, is an assistant, that is not just smart but automates daily repetitive tasks, sometimes acting as an HR manager that handles the data management without user induction or  interactions, predicting and representing the data as needed. WebHR’s personal assistant can be seen on Amazon’s Alexa, Microsoft’s Cortana and their physical device called “invoke”. WebHR performs different tasks using NLP and understands different users and evolves itself accordingly. its “Conversational UX” uses Bots and AI to simulate a conversation, creating a co-worker or an assistant that deals with your day to day HR related tasks.

WebHR is merging HR with AI enabled devices, specially “Amazon Echo” using its virtual assistant Alexa, which acts as your personal HR buddy. This is the next big thing people have been waiting for, the much needed leap, specifically for start-ups and emerging businesses that cannot afford costly enterprise solutions or large teams to deal with HR. This comes as a sigh of relief not just for them but for large corporations that intend on going futuristic and believe in the 4th industrial revolution, as this helps them work smarter and faster. The future of work has a lot of hype around it but very little is done to show on surface or has any real tangible benefits, WebHR believes in bringing real technology to work tables in offices around the world.

This new wave of automation and smart assistants  would let your “Amazon Echo”  “Microsoft’s invoke” Google’s “Home”  or any device to enhance your workplace productivity by minimizing the time required by actual people to do the same task. Leaders with vision and scope to do more, need tools like “WebHR” to empower them and equip them to provide a next-level connectivity to their teams at work. These thought leaders must realize the power to move ahead, step forward and be bold, bring their statements to life and shape up a unified motto of “innovation” and creativity, that sets them apart from the crowd.

When WebHR interfaces with Alexa, Cortana, home or any other smart device, it becomes the new assistant that not only answers your HR related queries but will also help you with tasks, such as, “Mark my attendance,” “I am going for lunch” “schedule a meeting”, “apply for sick leave”, “email me my pay stub ” etc. So when you implement AI in WebHR you open up a completely new perspective into your HR data by engaging in a conversation and asking for information from the system, such as “How many female employees we have? ” “who is present today?”, “Give me last year’s employee retention rate”, “Give me performance evaluation reports” etc.

This hands-free atmosphere gives one a sense of freedom, no screens, no wait periods to extract data and no hassle of switching screens.The top management may immensely benefit by having a quick access to their workforce data by analyzing/crunching key HR matrices such as, employee retention rate, employee turn over, payroll summary, head count (headcount by category, nationality, gender, age range etc). This helps bridge the gap between the management and HR data by allowing rapid reach to important decision making data and reports required to accelerate growth and prosperity of the company. This brings the spark back into your boring HR routines by quitting multiple apps to get your HR related work done, talk to “WebHR’s – Smart Personal HR Assistant” and get what you want in a simple more natural language.

With a continued hype around connectivity of these devices as the trend continues, WebHR surfaces as the first company ever, to have entered and bring a much needed innovation to the HR world. This is a huge untapped potential is an opportunity which a lot of companies are unfortunately missing out on. WebHR’s personal HR assistant will answer queries and perform actions via voice commands using a natural language user interface. Natural Language Processing, can give these smart assistants, a bit of a personality and that is where WebHR is headed towards, an HR manager with an elegant personality, which is a pleasure to work with. Since WebHR supports more than 20 languages, imagine what relief it is going to be on a global scale, when on the far corners of the world where English is not a native language, this provides them a platform of natural communication with their system to get the work done efficiently, without the barriers erected by language. An object placed at every desk, conversing with you in your language and performing tasks, that would otherwise have required a lot of time for completion.

Natural language processing (NLP)  is the ability to examine vocal input, analyze natural language application , and form voice output, which is the main rationale behind the current digital assistants  being referred to as intelligent. WebHR is an undisputed “pioneer” and has brought disruption to the HR industry because along with its claim of bringing an affordable corporate structured HR service, it is now also the first one to have gone a step further and has introduced HR services, through AI enabled devices. It has unlocked a hidden potential of providing a hands-free work environment which is a bliss for company heads and top managers. With these smart assistants becoming a rage, we must understand that they need to be secure and protected, connected to safe portals for the distribution of data and WebHR understands, that data security is the most important concern, when it comes to big organizations and companies.

Algorithmic vision empowered by virtual assistants are considered to be among the major recent technological upgrades and most promising consumer trends. Some visionaries affirm that digital experiences will gain a status-weight comparable to ‘real’ experiences, if not become more sought-after and prized. The trend is verified by a high number of frequent users and the substantial growth of worldwide user numbers of virtual digital assistants. In mid-2017, the number of frequent users of digital virtual assistants is estimated to be around 1bn worldwide. The market for speech recognition technology is predicted to grow at a CAGR of 34.9% globally over the period of 2016 to 2024 and thereby surpass a global market size of USD 7.5 billion by 2024. According to an Ovumstudy, the “native digital assistant installed base” is projected to exceed the world’s population by 2021, with 7.5 billion active voice AI–capable devices.

The possibilities of this innovation to spread like fire are immense and WebHR aims on exploring it all.  It intends on reducing work overload and intelligently transforms the way we view the data, eliminating the unnecessary details, bringing forth highly customized data analytics designed for workplace optimization.

Revolutionizing HR Through AI

Societies and cultures tend to re-model and re-shape themselves, corresponding to changing times and trends. The scientific innovations and inventions have changed the face of the world as we see it. People have always led businesses working in clans, groups or teams, varying in methods and techniques to handle them. The sense of belonging has shaped and modeled the way they work, a common belief and motto has driven them to stick to certain schools of thought and work accordingly. From pre-historic era to the modern day world, things have moved and modified to fit certain, standard benchmarks. The people who lead and direct their work patterns become the decision makers, hence organizations, institutes and businesses tend to hunt, hire and retain employees using a wide variety of techniques. People have always been attracted to equipping themselves in a far superior way, than has been practiced previously. With a technical transformation in every walk of life, people management has also come a long way, upgrading itself to match the needs of the future tech world.

The importance of educating and incorporating sophisticated methodologies to transform teams at work, has come a long way. From archaic paper based record keeping, to electronic way and all the way to using artificial intelligence, to performing complex tasks, HR industry is in a constant momentum. Leaders around the world are following the non-stop pace of innovation. It is now a widely accepted truth, that the need to automate and simplify people management has brought up the need for AI, to be effectively merged with several HR components. The modern age companies have evolved and are ripe to leap forward and allow cognitive computing, to make operations simplified and automated.

WebHR‘s AI capabilities came into focus, when no other company was even paying attention towards it. It had designed high-tech tools to simplify and innovate overall employee experience. It has broadened the horizons and has created a thought leadership pattern, incorporating critical intelligent dimensions, helping companies formulate business strategies. According to an IBM survey, 66 percent of the CEOs and Leaders of organization believe that AI and cognitive computing will play an important role in HR transformation. The change is imminent, some companies and leaderships might not realize what they are missing out on, yet. Having said that, many believe that automation and AI tools, not just empower their teams at work but also help them make smarter, more intelligent future tactics that strengthen their core strategies.

Even if AI might be valuable to have in place, to help automate workflows, a lot many speculate that it might not fit their allocated budgets for HR. WebHR is the only HR company, that has re-vamped the old and aged methodologies, bringing forth modern tools, that are quick to install and cost effective. The Global trend and migration to cloud technologies, from large enterprises to small companies has urged WebHR, to bring a novel pricing plan, that fits all criterion and budgets. The Global reach, has allowed the company to extensively research and navigate a vast varieties of cultures and norms, and bring forth a customized tool for them. With an impressive presence in 197 countries, the tech team at WebHR has seen closely, all the pain points, when it comes to HR processes.

The delightful surprise, is that, most companies and businesses, no matter what the size, always show interest towards such scientific advancements. There is always an ever present knack and curiosity to know more about it and learn to use it, for their benefits. WebHR is probably the only HR app at Amazon’s Alexa skills marketplace and Microsoft’s physical device called “invoke”, making it a pioneer in hands-free HR assistance. WebHR’s chatbots and AI capabilities make it easier for the user to navigate and perform HR related tasks with ease and efficiency.

From on-boarding, to vacation requests, to team training, to hiring process, to obtaining critical business reports, WebHR makes these processes predictable and faster. These automated business intelligence reports, help the management make informed decisions. These reports, present the data in interesting graphical presentation and maps, that show a clear picture of the recent trends at the business during different quarters, annual, bi-annual, monthly, daily or hourly, with just a few clicks. These things keep the management in the loop with all the key decisions taken, at all the levels of hierarchy within the organization.

WebHR helps bring AI automation, to low-value repetitive tasks, that take up a lot of valuable time, spent on them. This measure helps bring focus back to, more important, attention worthy business operations, that require a team’s undivided attention. A step or two towards these areas of focus, without worrying about menial tasks, has a greater impact on an organization and contributes to its success, in the longer run.

WebHR‘s analytical capabilities make it a go-to portal for an intelligent more comprehensible insight into the business. The data driven results are imperative to help remove, man-made glitches, errors and biases. When the data is accessed through such tools, all humanly errors are eliminated, making it more accurate and time efficient. In a fast paced world, missing out on these things could cause an enterprise a huge set back and result in a substantial loss of valuable capital. The idea of bringing financial gains through optimizing workflows through AI and emphasizing the need to equip people at work, is the mainstay belief of WebHR.