factoHR is an award-winning digital HR platform that serves as one of the best solution partners for all human resource management tasks. Over the previous 16 years, its domain expertise has benefited over 1500 clients and 1.5 million employees. In a relatively short period of time, factoHR has gained the trust of its clients due to its unrivaled and creative features. Its goal is to cover all areas of the issues that HR managers encounter, as well as to close the gap that exists between them and their peers on the job. It's also known as "an employee-centric solution," and it's won a slew of honors for its efforts.
Implementing HR tech helps in the following ways, such as streamlining HR processes, reducing the cost involved, improving the company’s decision-making using the provided real-time analytics, etc. But, to realize all the benefits of HR tech, first, one needs to choose the right HR tech product and implement it effectively. As per a survey conducted by Standish Group, 70% of HR tech implementation fails, and 65% of these are due to product factors. Hence the question arises - ‘what product factors could lead to implementation failures?’ Here are the 7 most essential factors that companies need to look for in software. As an additional tip, you will also find how factoHR complies with all these and thus saves the companies from the loss of HR tech implementation failure. 1. Comprehensiveness: factoHR is considered a comprehensive solution because it addresses all the needs of the human resource management right from hire to the retirement of the employees. It includes:
2. Flexibility: factoHR offers a great level of flexibility, be it organizing shifts or configuring the leave policies. This enables the alignment of the system to the company's goals without much of a problem. 3. Scalability: It is a known fact that companies always dream of expanding. And rightly for that factoHR offers incredible support in their scaling. Be it 50 employees or a multinational company with 5000 employees, factoHR enables seamless management in its entirety. 4. Security: Using systems that include confidential information of the company or the workforce is indeed risky. However, factoHR understands the risk involved and thus enables enhanced security with proper solutions and limiting access to the accounts as per the configurations. 5. User Adoption: Thai is one of the reasons that factoHR is highly regarded. In fact, many of its clients have testified for its 100% user adoption as well as user-friendliness. 6. Integration: factoHR enables complete and easy integration in case the companies have other already existing systems. For instance, the attendance management platform can easily and well-integrate if the company already possesses a biometric system. 7. Compliance: As much as compliance is considered to be highly complex, factoHR strives to make it more and more simplified. And again, its platform to easily comply with the statutory laws adds to the betterment of the HR management of the company. In today's fast-paced world, HR is a crucial aspect of every growth-seeking business. Hence allowing the HR managers to play their role effectively using technology, that is, HR Tech, to be more specific, can help the companies tremendously. Hence, implement factoHR to save your companies from implementation failures.
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