The Best HR Technology Platforms for 2020

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Priyanka Prashob
Priyanka Prashob is an organizational psychologist with 6+ years of experience in the field of Content and Psychology. She is a passionate writer and has authored 2 books. She has designed content for corporate training programs, worked on organizational behavior reports and numerous individual personality assessment reports. Several research articles written by her are published on platforms like Academia and Research Gate. The articles have gained recognition and appreciation from universities, academicians, and researchers across the world.

The growing HR technology platforms are forecasted to increase in its use by 2023.  In other words, the HR technology landscape is rapidly changing with the addition of new best-of-breed apps. And to keep pace with these changing technologies,

  • firstly become aware of these changing technology trends, and
  • secondly, understand how they can benefit your enterprise.

Traditionally, HR technology platforms were restricted to employee records, payroll, and benefits. But today as the market has expanded due to automation, there are many advanced platforms for every business operation. As a result,  HR tasks like payroll, time-off requests, and benefits management have now become easy. This means HR professionals now can focus their attention on building a strong and productive organization.

In other words, the world of work has practically changed overnight. Also, the current event has forced organizations to navigate the new normal – remote working and more importantly work going digital! Therefore, it’s not easy to keep your business running smoothly during these trying times—especially when crises are dominating headlines. Above all, HR today is entrusted with a major task of keeping employees motivated and reassured – all while keeping the business running.

Thus, to help you in this journey, we have enlisted a few HR Technology platforms that might be able to assist you in these difficult times.

2020’s Most needed HR technology platforms

We have gathered a list of HR platforms in an effort to help you solve

  • HR pain points,
  • simplify processes,
  • free up precious human effort, and
  • save time that can be invested in driving business continuity.

Here are the 6 HR technology platforms you may need in 2020: 

1. Human Resource Information Systems 

Firstly, the purpose of this multi-function management system is to

  • store individual employee data,
  • manage payroll & benefits administration, and
  • govern your company’s regulatory and legal employment requirements.

Secondly, these HRIS systems are designed to streamline and automate the 3 traditional pillars of HRM: 

  • Payroll
  • Time & attendance, and 
  • Benefits management 

Thirdly, these automated functions will save a lot of time while completely eradicating manual data entry. Usually, the HRIS software will cover the following features:

  • Payroll
  • Time and application tracking
  • Accounting
  • Recruiting
  • Employee scheduling
  • Benefits management
  • Self-service employee portal

However, these are just some of the features. And, depending on the provider, there might be few additions or subtractions of features.

Some of the tools in this domain includes-

  • EnterpriseAxis
  • HRM Labs
  • CommonOffice HRIS
  • Hr.my
  • Bridge
  • Homebase
  • BuiltForTeams
  • OptimumHRIS 
  • Rippling
  • Paycor

2. Recruiting Marketing Platform

First and foremost, for your business to grow, you need skilled people. There is never a dearth of candidates. Secondly, what matters the most is sourcing and recruiting potential and skilled candidates. As you are aware, there is always a great demand for highly skilled talent. So, how do you ensure you reach them?  

Answer: Recruitment Marketing Platform.

That is, firstly, this exciting novel platform applies the principles of branding, marketing, and advertising in unison to attract potential candidates. Secondly, it allows you to establish a consistent employer brand and acquire inbound applications. Thirdly, it brings together all these efforts under one umbrella. Thereby, giving you greater control and visibility into the effectiveness of your recruitment marketing efforts.

Some of the tools in this domain includes-

  • LinkedIn Recruitment Marketing 
  • Zoho Recruit
  • Lever
  • Ceipal TalentHire
  • SmartRecruiters
  • BreezyHR
  • Jobvite
  • Hiretual
  • JobDiva
  • Workable

3. Remote workforce collaboration app

We are currently in an era of remote work, where the majority of the people across the world are working from home. So times like this force organizations to rely on collaboration tools to encourage employees to communicate with each other. This is where remote workforce collaboration apps come into the picture. Because the right HR technology will boost productivity and maintain engagement.

Moreover, these apps will allow remote workers to connect seamlessly with their office colleagues regardless of the work location. In addition, the engagement factor is a big differentiator here. That is, remote worker collaboration must go beyond sending emails and sharing work updates. Therefore, it is critical to ensure your employees feel connected and taken care of. And collaboration tools can help a great deal here.

Some of the tools in this domain includes-

  • Flock 
  • Zoom
  • Slack
  • Google Hangouts
  • Microsoft Teams
  • WebEx
  • GoToMeeting
  • Trello
  • Yammer
  • Skype

4. Learning Management Systems

Upskilling is never out of trend. And organizations today encourage their employees to upskill themselves by providing various learning opportunities in-house. Moreover, there are tons of tools available to help you make this work out!

To elaborate, these systems will help you track employees’

  • education,
  • certifications,
  • qualifications and skills.

Not just that, they can even connect the employee with materials or courses available to develop those skills.

In addition, LMS allows managers to approve training, budgets, and calendars alongside performance and appraisal metrics. 

In other words, this initiative is definitely bound to increase employees’ engagement and overall productivity. These platforms also provide data export or training records that individuals can port into the company’s HRIS, performance management, or employee engagement software.

Some of the tools in this domain includes-

  • Linkedin Learning
  • Adobe Captivate Prime
  • Docebo
  • SAP Litmos LMS
  • LearnUpon LMS
  • Inquisiq LMS
  • Mindflash
  • iSpring Learn
  • TalenLMS
  • LOOP

5. Performance Management Systems

Firstly, this system can help you keep a record of employee goals. Secondly, it can even track goals down to the task level while tying the employees’ success automatically to their payroll. In addition, they also help you to assess skills, set performance goals, and track improvements over time.

Many companies use a performance management system to,

  • coach employees of all skill levels and tenures, and 
  • organize and track performance appraisals yearly, quarterly, or through weekly pulse updates. 

This end-to-end view often helps the team with larger HR initiatives like succession planning and employment growth. 

Also, these systems may often include or may be closely integrated with LMS and employee engagement software. Thereby, providing a better understanding of an individual’s overall performance and movement toward his/her goals.

Some of the tools in this domain includes-

  • Cornerstone OnDemand
  • Workday
  • Taleo
  • Peoplesoft
  • SuccessFactors
  • Silkroad
  • Namely
  • BambooHR
  • Lattice Performance Management
  • Saba

6. Employee Engagement Systems

One one hand, if performance management tools seek to build an integrated system from hiring to retiring. On the other hand, it helps companies improve employee sentiment and engagement with everyday work priorities. 

Above all, employee engagement systems help you measure

  • current engagement levels,
  • plan feedback, and
  • coaching models to help improve your employee’s performance.

In addition, it often uses a combination of survey tools, follow up workflows, gamification, and analytics. Also, this system prompts users to provide feedback on their

  • current work priorities,
  • progress towards goals, and
  • feelings about their own work on a weekly or a daily basis.

As a result, this system can either be found as

  • a standalone system, a feature of an HRIS, or ERP software, or
  • as an integrated tool that works in tandem with a larger HRIS, ERP, performance/talent management system.

Some of the tools in this domain includes-

  • 15Five
  • Synergita
  • Appreiz
  • TinyPulse
  • 7Geese
  • Emplify
  • Impraise
  • Engagedly
  • Blink

Conclusion:

Today with digital transformation gaining momentum, it’s time for you to strengthen your HR tech capabilities. The adoption of HR management technologies has skyrocketed over the past few years and shows no signs of slowing down. Also, the HR Management tech market is expected to hit $30 billion over the next 5 years. This means there will be a spike in the demand for HR automation and tools to help improve productivity.

Navigating the HR landscape doesn’t have to be complicated. The above-collated HR technology platforms will help you begin your HR technology journey of choosing the right HR software – that’s right for your business right now and as it grows.

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