It’s Cloud or Bust

The nature of HRM is changing too quickly for companies to rely on on-premises HR systems. To remain competitive, businesses must consider the cloud not a nice-to-have, but a fundamental requirement. HR tools made possible through cloud computing are creating more bandwidth for HR leaders to take on strategic planning and other higher-level tasks. HR tech is also providing CHROs, CPOs, and their HR units with tools to transform the business and workforce while serving as in-house consultants on matters of talent, employee experience, and culture. These innovative HR tools feature real-time connectivity, communication, and collaboration, along with access to large data sets, analytics, and algorithms delivered by the cloud. New cloud-based technology is providing both workflow-automation and workflow-optimization capabilities. With these HR tools, companies can shift workforce resources and create efficiencies faster and more smoothly than was ever possible before.