5 Benefits of an HR Management Platform

HR Management Platform

If you’re a small business owner, maintaining an in-house HR team can cause a massive waste of resources. Unless, of course, you optimize how you use them. One method of doing so is by using an HR management platform. This tool enables companies to outsource many HR-related functions while allowing them to focus on the tasks that matter most. For instance, payroll is one of the most costly and time-consuming tasks handled by HR departments. However, by taking the time to invest in an HR management platform, such as the one available via America’s Back Office, you will be able to outsource these tasks to professionals you can trust.

When it comes to using HR management platforms, there are plenty of benefits. These platforms have proven to be invaluable assets for small companies that are seeking to upscale and move forward. Rather than sticking with a traditional HR department, switching to an HR management platform can be one of the most forward-thinking moves you can make. This method is one of the best ways of reducing the time and resources your HR representatives spend on tedious tasks that are not innately beneficial to your company.

Cost Effectiveness

One of the top benefits of using an HR Management platform is that it is cost effective. These tools save money because payroll and employee acquisition costs can be astronomical for small businesses, in particular. Employee acquisition can be very costly because you must pay for expenses such as training, equipment costs, benefits, salaries, and more. In addition, payroll preparation costs can be quite costly depending on the number of employees you have. If you are hiring and onboarding employees in large groups, you may need to hire more HR representatives to keep up with the demand unless you switch to an HR management platform.

Save Time

Another major benefit of using an HR management platform is that it saves you time because many of the most vital HR functions are highly time-consuming. Therefore, you end up focusing on them rather than on tasks that can help propel employees and the company forward. For instance, payroll is a time-consuming task that must be completed weekly or bi-weekly. Obviously, you cannot eliminate this process, but you can limit the hours it requires. By using an HR management platform, your HR representatives can focus on other vital matters.

Optimization

Your HR representatives have a wide variety of skills. These skills can be used to help your employees progress and develop and to solve internal conflicts that adversely affect your business. When team members are stuck working on repetitive, tedious tasks, they cannot use their other skills to help your company and employees. By investing in an HR management platform, such as the one available via America’s Back Office, you allow your HR representatives to focus on factors that can vastly improve your company.

Performance Management

Outsourcing your HR can also automate the performance management of your employees. By using an HR management platform, you will have extra help to maximize the talent and skills of all your employees. Using state-of-the-art technology, an HR management platform can help you develop your employees by offering objective evaluations. Moreover, it will make it easier for you to align your employees with organizational goals. An HR management platform can also help with setting and managing agile goals, performance calibration facilitation, and more.

Better Benefits

Another option is to outsource your benefits by joining a PEO, which is a professional employer organization. As a small business, it’s next to impossible for you to compete with the level of benefits larger companies offer. However, when you join a PEO, you will be able to offer the same benefits that are available at Fortune 500 companies. A PEO will allow you to attract top-tier talent and retain them over the years. Here are some of the benefits you can offer by joining a PEO:

  • Administration of 401(k)/retirement options.
  • Administration of Section 125 Plan.
  • Dental insurance.
  • Benefit administration consulting services.
  • Coordination of benefits renewals.
  • Group vision and dental insurance.
  • Life insurance.
  • Major medical insurance.
  • Long/short-term disability insurance.
  • Open enrollment processing.
  • Vision insurance.

How America’s Back Office Can Help

Are you a small business owner who feels you are wasting lots of time and resources by focusing on highly tedious tasks such as payroll, employee onboarding, and more? Not to worry. By working with our team of experts, you can outsource these tasks and allow your in-house department to focus on the things that truly matter. By outsourcing some of your HR tasks to America’s Back Office, you will be able to avoid human error associated with completing all these tasks manually. This change will also allow your HR department to build a better rapport with your employees. Over time, you will reduce employee turnover, increase team loyalty, reduce internal conflicts, and create a happier staff. Ready to get started? Contact us for an HR consultation. We will create a personalized package that can help you focus on creating happier employees while propelling your business forward.

Photo via Unsplash by Christina @wocintechchat