16 Aug
Sage People
for Sage EM (formerly known as Sage X3) provides a valuable springboard for transforming your organization into a “People Company”. What is a people company? It is a company that uses data to focus on its employees—the people—first.
Future Trends: People-Based Companies
Sage conducted research among 500 human resources leaders. The company wanted to find out what made leading organizations so strong. Was it their products, services, or employees? It turns out that it’s a little of all three, but a lot of the latter—the people behind the organization. In fact, companies in the Sage software survey who ran far ahead of the pack because of their emphasis on people were dubbed “Gazelles” after the swift-running animal.
These companies have transformed their outlook and strengthened their businesses by focusing on the individuals that make up their companies rather than on outdated human resources policies and procedures. By putting people first, they end up making even more profit.
Human Resources Is Catching Up to the Rest of the Company
One thing that the Sage report noted is that the human resources department in many companies is still playing “catch up” to the rest of the company in terms of using data to make decisions. Marketing and sales use CRM data and other benchmarks to note progress toward goals and to improve their work; accounting, finance and operations also use extensive business intelligence to make decisions. The human resources department in most companies significantly lags behind other departments in terms of using data for its decisions around who to hire, how to manage people, and how to create sustainable personnel policies that support what people need rather than company desires.
The Findings: Leading Companies Use HR Software
Among the companies surveyed, high-achieving companies share one thing in common: the adoption and use of human resources software. Other impressive statistics among the fast-growing companies are the following:
- 80% have HR automation software
- 58% can report on personnel development
- 93% plan to have roles such as People Scientist or other people-focused positions to sustain growth
- 92% are developing a roadmap for “people” data
- 46% are using people data and analytics for staffing decisions
What a People-First Organization Looks Like
As more companies adopt human resources software, people first will be the norm, rather than the exception. People-first companies put their workers ahead of other interests. They know that their workforce is their greatest asset and, if their workers are satisfied, their company will do well in the marketplace.
People-first organizations actively promote their workplace and are always recruiting, not just when there is a job opening. This enables them to attract and retain the best workers all the time, not just when there’s a vacancy available. Human resources in such organizations encompass roles that promote, market and sell the company as much as they attract, recruit, and retain the best people.
Will Your Company Make the Leap?
Will your company make the leap this year to becoming a people-first place to work? If you’re looking for a way to both boost your organization and improve profits, adopting a people-first policy can put you in the lead.
If you’re ready to make the switch, it’s time to investigate Sage software such as Sage People. Given that the most successful organizations responding to the survey indicate they have adopted human resources software, and that HR software rapidly becomes a strong point of competitive advantage, it makes sense to add it to your company’s suite of software solutions that use data for better decision making.
Sage People offers many advantages. It is a cloud-based HR software so you can access it anywhere, from any device that connects to the internet. It can help you manage all your HR operations.
Because Sage People synchronizes with Sage EM (formerly known as Sage X3), you can use the data from Sage People to enhance your current reports and analytics. It can give you an even better, broader, and deeper picture of your company when you add the human element to your data. Think about the ease and convenience of viewing all your company’s information in one place.
For more information on Sage software such as Sage EM (formerly known as Sage X3) and Sage People, contact IWI Consulting today.
IWI Consulting Group
IWI Consulting Group helps businesses gain insights into their operations, inventory, and profitability. We provide software and support for a wide range of industries throughout Canada. For more information, please visit IWI Consulting Group or contact us today.