The cloud based hr software will help the organizations understand employee performance and initiate the HR process to enhance effective team productivity. HR professionals and managers can analyze workforce planning, recruitment, performance management, and employee leave management data. HR analytics software refers to the use of advanced data analytics techniques and tools to analyze and interpret HR-related data. The inclusion of this technology will help the organization to make a strategic data-driven plan to reduce the attrition rate and increase the retention rate by solving the actual employee challenges. The primary function of using HR analytics will aid in understanding the process and strategies to spot the challenges.
Effective Workforce Planning:
HR analytics software plays an important role in optimizing workforce planning. Effective planning and optimizing the workforce in organizations can enhance productivity, reduce costs, and improve overall business performance. It enables HR professionals and decision-makers to gain valuable insights into the organization to identify challenges and plan strategic objectives to enhance employee engagement.
Enhance Talent Acquisition:
HR analytics software significantly enhances talent acquisition and retention strategies by providing data-driven insights. It enables organizations to optimize recruitment processes and improve candidate screening. The HR analytics software in organizations creates a workforce that drives productivity and supports long-term business success. The best HRMS cloud solutions will help to understand the skills and knowledge required for the employee.
Performance Analytics for Team Effectiveness:
HR analytics software supports to analyze and visualize the performance evaluation process through automation. It allows any organization to generate performance data and reports for efficient workflow. It ensures consistency in the evaluation of employee performance data to identify areas of improvement and effective project outcomes. Employee performance management system engages in ongoing performance discussions to support employee performance growth and development.
Analytics insights in Employee Engagement:
Analytics insights can highlight the importance of effective communication and recognition in improving employee engagement. It also enables proactive interventions to address potential issues and optimize employee engagement. It allows organizations to develop personalized approaches to identify data patterns, trends, and correlations. Identifying these correlations can focus on strengthening the factors and initiates a positive impact on engagement and satisfaction. Organizations can anticipate performance challenges and allocate resources effectively by analyzing historical performance data, employee characteristics, training records, and other relevant variables. These initiatives contribute to positive work culture and higher engagement levels.
Predictive Modeling Techniques:
Predictive analytics helps organizations optimize productivity by identifying inefficiencies. It involves targeted training to address skill gaps and initiate workflows. The organization can implement targeted retention strategies to personalized development plans and career advancement opportunities to retain valuable talent.
"We have implemented all the modules of Wallet-HR in our organization. We are very happy to mention that the product works great and the Crystal team implemented the solution at cheetah pace with good understanding. Very commendable job considering the size of our organization. We have integrated attendance devices across our 45 locations to centralised attendance software and integrated to payroll along with other modules. As a result of complete HR automation we were able to save atleast 7% on our turnover year on year. We are extremely delighted to have chosen Crystal HR as our solution provider."
"We have 9 companies with almost 4000 employees Over all; managing employee’s records was very difficult. We have chosen wallet-HR after evaluating many products. Now we are using few modules of Wallet-HR, further we are planning to use all modules from this financial year. We are very satisfied with the Wallet-HR software, because of its updated technology, and the time it saves. Wallet-HR gives us accurate results and reports as per our requirements. Good Luck to Crystal team!"
"Wallet HR has been implemented and integrated across all our 9 locations. We have strict FDI guidelines to follow in respect of access control and attendance, which we have tirelessly implemented with the help of Wallet HR suite."
"We have nine factories across different locations in India. Wallet-HR is implemented for managing our entire employee lifecycle. We had huge challenges in managing workforce using attendance devices. Crystal with their proprietary technology was able to provide us a seamless solution. We have been using Wallet HR for 6 years now with excellent backup support from Crystal whenever required."
"We are amazed by the domain understanding of Crystal and the configuration capabilities of the product. They have been able to provide solution to all our issues without making any customization in the product. It is a great tool that helps to balance the entire process of our organization in an easy manner."
"Intuitive UI, dynamic functionality and robust technology is what made us choose Wallet HR amongst all other products in the market. Earlier we used to manually amend the attendance data before processing payroll, now everything is automatic, which in multiple ways has reduced the time and effort spent in validating the attendance. That is indeed great."
"We are very impressed by the lightning speed of Wallet-HR’s payroll engine. We have been able to process payroll of around 4000 employees in less than two minutes."
"Selection of vendor is a tough process in Hyundai. Wallet-HR has been selected by Hyundai software division to implement the solution across all Hyundai subsidiaries. As a first step we have implemented the solution at one of our subsidiaries in Sriperumbudur and we are happy that they have gone live without any fuss. Good job done by Team Crystal."