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12 Wonders of Christmas (and HCM)
It’s the time of year when we start appreciating the wonder of everything. The morning drive to work is a little better because you can belt Mariah Carey’s All I Want For Christmas, or the break room is full of Christmas goodies and snacks. Wonder can even be found in the most unexpected, mundane things, like your human capital management (HCM) solution. Here are 12 wonders of an HCM solution you may have overlooked this year - with a little help from a classic Christmas song:
1. Save The Pear Tree!
Go Paperless: Say goodbye to stacks upon stacks of paper cluttering up your desk! A cloud-based HCM system has the ability to perform your HR and payroll tasks all in one central, online database - eliminating the need for paper.
2. Peace of Mind
Reporting Done Correctly: By using an HCM solution, your mind can be at peace knowing the information you’re pulling for reports is accurate! Bonus points if you can customize the types of reports you need.
3. Keep Your Eggs In One Basket
Never Lose A Document: If the HCM solution has a document vault that allows you to store forms like W-2’s or 1099’s, you can easily access and print those files should the IRS conduct an audit - bah humbug!
4. Fewer People Calling You
They Can Do It Themselves: HCM platforms are usually equipped with self-service technology….meaning people aren’t calling you asking for help nearly as much anymore!
5. Keep Your Gold
Cost Savings: With HCM technology, those annoying costs for buying paper and paying for multiple solutions are a thing of the past. You can even use the money you saved by using an HCM to give a nice holiday bonus to your employees!
6. Laying Down the Law
You’re Always Compliant: It’s nearly impossible for one or two people to stay up to date on ever-changing compliance regulations. Let the tax compliance experts handle your HR and payroll processes, so you can take a load off your shoulders.
7. Swimming in Fees
Reduced Fees and Penalties: HCM solutions ensure that your organization’s payroll tax payments and filings are accurate and timely. Some providers even offer a guarantee so a tax penalty, they will absorb any fines or interest due - which means you never have to worry about fees or penalties being directed at you!
8. No Spilled Milk
Data Security: HCM solutions that have strict security protocols in place give you peace of mind when it comes to protecting your employees’ private information. No need to worry about data breaches anymore!
9. Time To Celebrate
Time Savings: Having fewer tasks on your plate means you have more time for reporting, and you can focus your attention on more pressing matters. No longer will you have to just get the bare minimum done to meet deadlines - now that’s a reason to celebrate!
10. Never Leaping Between Systems
Accurate Data Flows: HCM solutions that are cloud-based and unified house your data in one spot, which means the information you’re adding to the system only has to be entered once to communicate throughout the rest of the platform. No more duplicated information or data errors!
11. Fewer Tasks in Your Pipeline
Less Manual Tasks: Are you tired of completing the same monotonous task over and over again? HCM solutions allow HR managers and payroll admins to make those processes as hands-free as possible. Everything can be automated, which allows you to plan for bigger and better things for your company!
12. Less Drumming in Your Head
Fewer Headaches: Let’s face it, you have enough things to worry about, especially during year-end. An HCM system allows you to automate many of these processes, like ACA reporting and online benefits enrollment, so you can enjoy less stressful workdays. You’ll see gains in efficiency, productivity, and overall usability. Goodbye drummers drumming, hello dancing sugar plums!
The Gift That Keeps On Giving
Christmas is a time of giving and receiving and the gift of HCM technology is one that keeps on giving year after year. The right solution can fill you with wonder…you’ll wonder how you ever survived without it! So go ahead and treat yourself this Christmas season - with an investment in an HCM solution!
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