Many organizations have reaped enormous benefits from more effectively managing the HR documents that are core to the HR process. SHRM (the Society for Human Resource Management) notes that “new tools, such as talent networks, crowdsourcing and internal social networks, hold the promise of increased flexibility and productivity.” That’s the good news.
The bad news is that MOST organizations have not yet digitized and automated HR workflows, creating huge inefficiencies and risks in their hiring, onboarding, retaining, employee servicing and offboarding practices. Unfortunately, there is a tendency to leap into a narrow and isolated cloud solution just to solve an immediate process pain. This creates new risk. Oversimplifying employee management and the management of HR documents leads to significant business and legal exposure.