Very few executives managing their business have a global view of the workforce. Complete data visibility and a standardised set of processes enables companies to make real time critical business decisions and focus on the strategy of your company. A single database that enables and analytics requires the integration of HR data, common policies, processes, and tasks into one single platform. According to the ADP Global HCM Study, January 2014, 37% of mid-sized companies’ data are left sitting in Excel or similar types of databases. So the value of putting all data in one system which is accessible by HR, as well as leadership, managers and employees, cannot be underestimated.
Read the "HR and Payroll Process Harmonization" report published by ADP in partnership with CorporateLeaders.