Modern HR analytics systems give HR departments and managers the opportunity to analyze their relevant HR key figures, identify organizational trends at an early stage and initiate appropriate actions. They support the business with state-of-the-art technologies with real-time analyses, automated reports and interactive dashboards. This is the basis for proactive personnel planning and management.
Increase the efficiency of your HR work with modern HR analytics concepts
Automated distribution of HR key figures
A key feature of modern HR reporting is the automated distribution of HR key figures to the various target groups in the organization. The focus here is particularly on the line management, which is responsible for its employees and must keep a constant eye on them. However, a high degree of automation also reduces the workload of the HR department, as the relevant HR key figures no longer have to be manually prepared in detail and distributed throughout the organization.
What’s wrong with HR reporting
However, the practice in many companies is different. HR departments often have to prepare a large part of HR reporting for the business departments and reporting lines and forward it to the relevant recipients. Such manual processes are not only extremely time-consuming, but also highly prone to errors. This often ties up considerable resources – time that is consequently not available for strategic personnel recruitment and development or for advisory functions. Another disadvantage: If decision-makers cannot access important HR data in good time, this has a negative impact on the company’s ability to react.
Added value of modern HR reporting
Modern HR reporting provides decision-makers with comprehensive data that is essential for day-to-day decisions and strategic planning. Real-time analyses and dashboards make it possible to recognize trends and patterns immediately. With the help of predictive analytics, companies can anticipate future developments and personnel requirements. Measures to minimize personnel risks can also be implemented promptly.
Optimizing HR reporting
But how do companies achieve improvements in HR reporting? The best way is to first define the fields of action and HR KPIs that are relevant to the organization, based on the corporate strategy and the HR strategy. Once these have been identified, the next step is to think about the necessary reporting features and criteria.
An inventory of the current HR reporting processes identifies the weak points that can be addressed. It is also important to define suitable formats that companies would like to use to convey content to their target groups. For example, power users in HR controlling require Excel-based lists for further drill-down options, while the line management is generally more interested in similar, structured reports with fewer degrees of freedom. For top management, on the other hand, aggregated evaluations should be available in interactive dashboards. The regular review of HR reporting offers the opportunity to adapt the reporting system to changing business requirements.
Conclusion: Greater efficiency through modern HR reporting
Effective HR reporting can significantly improve organizational efficiency. By automatically providing up-to-date and reliable data, companies are able to make faster and more informed personnel decisions. They benefit from a more efficient use of resources and increased productivity.