HR tech: What It Is and How to Use It in Your Company to Manage People

Tuesday

May

2022

In the post-pandemic era, Human Resources is becoming increasingly critical to organizations’ strategic and business decisions; as they grapple with issues such as hybrid work, the Great Resignation, and the gig economy, it is HR that is driving internal change within their companies.

In this context, technology presents both a challenge and an opportunity, and there has been increasing talk of“HR Tech”solutions.

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In fact, according to a study by Paycheck Pulse, 85% of the HR professionals surveyed said that technology has strengthened their role in driving business success, with an overall increase in productivity among those involved.

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What is it? HR Tech encompasses all the processes, projects, and solutions that use digital technology as an innovative approach to issues such as people management, performance measurement, the hiring process, and employee training. For example, the scope of HR Tech can range from online interviews to the most sophisticated software based on Artificial Intelligence.

How can HR tech be useful in a company?

The main areas in which HR Tech solutions can play an important role in a company are:
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HR Workforce Management: for managing contracts, employee data, and workforce organization;
Performance Management: insights and big data for tracking goals—these are what are known as performance management systems;
Recruiting and Hiring: Digital tools for talent acquisition, candidate search, resume management, workflows, and online interviews.
Training: HR Tech solutions play a key role in continuing education: portals, software, and e-learning solutions enable a new approach to this field;
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Therefore, there are many solutions for integrating software and hardware technologies in the field of Human Resources. The main benefits primarily involve improving the workflow for those working in this field, thanks, for example, to automation or artificial intelligence solutions.
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It may seem trivial, but improving work processes means having more time to invest in projects that truly put people first. As a result, these efforts will also have an impact on corporate culture andengagement of employees.

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Examples of HR Tech Solutions and Software

Among the most famous and well-known examples of HR Tech are platforms and software such as Oracle and SAP’s SuccessFactors, both of which are solutions primarily focused on human capital management (HCM). When it comes specifically to the recruiting phases and the automation of these processes, there are software solutions such as Workaday and TeamSystem, which are geared toward more management-oriented aspects.

Another example is the habit-inspiring platform, a white-label platform that can also be used to manage certain aspects of human resources, such as onboarding processes, continuing education, and solutions for the New Ways of Working.

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The Habit-inspiring platform stands out because it was designed based on the psychological study of human behavior (behavioral design) and uses, for example, nudge theory to bring about simple, sustainable change over time.