intelligent

Money can be tight . So when it comes to cutting costs , saving money on the tech stack – including HR software – can initially look appealing . And this is where many start-ups tend to settle for a basic HR function , covering leave management , managing employee data and document storage .

The challenge with this , however , is that if start-ups make the mistake of going with cheap services of DIY solutions that help with their needs ‘ right now ’ ultimately they ’ ll likely end up with a complicated tech stack that is ineffectively cobbled together once they grow . This means missing out on efficient operations in the long run and creating a frustrating experience for their employees .

The good news is , there ’ s no need to sacrifice quality to be cost-efficient . There are lots of options on the table . One option is to adopt a cloud-based , automated HR system that houses all employee data and can be seamlessly integrated into existing or new systems as the business grows . Companies should aim to find a solution that fits their current needs as well as a future state , keeping consolidation and multi-service partners at the top of their lists .

According to Asana , employees spend only 27 % of their time on skills-based tasks , while 60 % spend it on processes that can be easily automated . For HR professionals ,

THIS MEANS

MISSING OUT ON EFFICIENT OPERATIONS IN THE LONG RUN AND CREATING A FRUSTRATING EXPERIENCE FOR THEIR EMPLOYEES .

this translates to countless hours spent on recruitment , collecting employee information , making manual payroll calculations in Excel and reviewing local legislation to ensure they stay compliant . This process is even more inefficient for start-ups , who likely don ’ t yet have a dedicated HR team who are solely responsible for this function .

That said , without supporting HR technology new businesses don ’ t only pay the price of inefficiency , they open themselves up to potential risks . For example , manual data transfers between multiple systems leads to errors , duplications , inconsistencies and delays , preventing them from operating with real-time data . But if a cloud-based tool is adopted , a start-up ’ s HR system can smoothly integrate with existing capabilities , minimising errors . This can free up employee time to focus on business growth .

Thanks to constant innovation , building and scaling a start-up isn ’ t as complex as it used to be , but knowing where to begin can be tricky . By using supportive HR technology , start-ups can now embrace flexible working styles , implement virtual communication and collaboration tools , ship and manage office equipment , hire and retain top talent , deal with visa applications and so much more .

COMPANIES SHOULD AIM TO FIND A SOLUTION THAT FITS THEIR CURRENT NEEDS AS WELL AS A FUTURE STATE , KEEPING CONSOLIDATION AND MULTI- SERVICE PARTNERS AT THE TOP OF THEIR LISTS .