Business Intelligence System For Human Resources
Data Analysis, Business Intelligence Reporting Management
Human Resource Reporting system was required for measuring the hiring processes like new hires, active employees, and trying to uncover any trends in the hiring strategy. A kind of pre-built decision support system that helps to analyze and manage all HR processes providing access to accurate, timely, comprehensive data from the HRMS applications and provides the tools to make better, more strategic decisions resulting in faster, better decision-making that aligns the workforce with corporate objectives.
Recruiting is a dynamic process as the content is often unstructured and always changing. This process is on-going and managers need to stay up-to-date on an ever-changing recruiting pipeline, integrating content and leads from multiple sources across the web. Keeping all these factors in consideration, the system was designed to enhance recruitment through increased retention levels and reduced turnover and hiring costs. Recruiters can collaborate across multiple business functions and with individual employees. With decreased turnover, higher recruitment yields, and increased revenue, this system provides real-time analysis to help streamline recruitment processes.
Recruiters can now align the recruiting pipeline with organizational forecasts, staying ahead of turnover, and visually interacting with up-to-date indicators and KPI’s on web activity and sentiment. Using advanced workforce metrics, this system empowers users to analyze the skills and performance to maximize internal engagement for growth and development. Increasing the hiring effectiveness of an organization starts with its core workforce to truly impact overall business profitability. Managers are empowered to not only reduce time-to-fill, but more importantly, improve time-to-productivity for impacting business performance.
The significant feedback came from the CEO of the organization saying “implementing the solution has cost less than 20% of the alternative solutions. The payback period was just a few months.. The impact of the system has been far reaching. Its simplicity of use and the valuable contribution it has made to business processes, have made it a strategic asset to our operations.”
The organization previously used to face difficulties to pull data in the desired format and lack of filters. It only now takes minutes to pull reports that would take an hour or more before. It also helped to bring data together from multiple sources that don’t typically talk to each other.