HR And Benefits Technology Capabilities

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    HR And Benefits Technology Capabilities - Presentation Transcript

    1. HR and Benefits TechnologyPresenter: Steve Cassidy Vice President of Broker Services HR Technology Advisors, LLC
    2. © Copyright 2007 HR Technology Advisors, LLC. All rights reserved.
      2
      Who is HR Technology Advisors?
      Founded in 2001 as an HR & Benefits Technology Consulting firm
      Partner with select brokerage firms across the country to bring value added service to their clients
      HRIS, Benefits Technology professionals with long-term experience as both vendor, consultant and buyer
      Participated in selection/implementation of more than 30 different vendors for multi-industry customers (10 – 30,000 employees) across the country
    3. Who is HR Technology Advisors?
      Hartwig-Moss’s Benefit & HR Technology Partner.
      We are not a vendor of anything, we are brokers of technology.
      Our staff consists of Technology consultants with backgrounds in Employee Benefits, Customer Relationship Systems, and HRIS Technology
      Focused on Client Needs, and match those needs to the best solution from a portfolio of Best-of-Breed vendors
      © Copyright 2007 HR Technology Advisors, LLC. All rights reserved.
      3
    4. 4
      Today’s Message
      We can help you leverage the right technology to simplify the administration of HR & Benefits - saving you time, money and improving employee satisfaction.
      We focus first on understanding what you have and the business problem you need to solve.
      We analyze your needs and apply our market knowledge to determine the most appropriate options.
      Finally, we guide and support you through the configuration and installation process in order to ensure maximum value.
    5. Solution Hierarchy
      5
    6. The Business Case
      6
      Research shows that superior HR practices accounted for a 47% increase in company market value on average.
      Source: Scott Cohen and Bruce Pfau, Consulting Psychology Journal, Aligning Human Capital Practices and Employee Behavior with Shareholder Value; Summer 2003.
    7. 7
      HR is being asked to do more.
      Investing In The Right HR Administration Technology and Services
      Will Save Time & Money
    8. 8
      What Is An HR Administration System?
      Recruitment
      Benefits Management
      Compensation Planning
      Training & Development
      Time & Attendance
      Performance Management
      Succession Planning
      Employee Administration
      • New Hire Processing
      • Termination Processing
      • Track Job Information
      • Track Personnel Information
      • Track Work Experience
      • Track Skills
      • Track Grievances
      • Reporting
      Software that addresses HR’s needs.
    9. 9
      Automated Enrollment
      Carrier
      Carrier
      Employee
      Carrier
      Save time and money.
      The Process
      • Open, new hire enrollment
      • Participant Modeling
      • Life Event Changes
      • View and Compare benefits
      • Verify eligibility
      • Access benefit statement
      Benefits
      • Empower employees with key information
      • Eliminate need for printing communications
      • Forces enrollment rules
      • Shortens enrollment cycle
      • Reduces data errors
      • Reduces calls to HR
      • Streamlines data transfer process
      • Eliminates redundant data entry
      HR
      Enrollment Database
      Payroll
    10. 10
      Automated Recruitment
      HR
      Candidate
      Hiring Manager
      This strategic solution is focused on optimizing the workforce.
      Key Features
      Basic:
      • Requisition management
      • Job board integration
      • Resume uploading
      • Pre-screening questions
      • Key word searching
      • Applicant tracking
      • Candidate Ranking
      • Approval processes
      • Follow-up Reminders
      • Agency Access
      • Contact Logs
      • Reporting
      Benefits
      • Save money
      • Post jobs with greater ease
      • Reduce your time to hire
      • Get better candidates faster
      • Automate your hiring workflow
      • Build an ongoing talent pool
      • Improve your marketplace brand
      Job Boards
      E-Recruiting
      Corporate Site
    11. What does it promise?
      11
      Example: Benefit Enrollment Automation
      *Source: Forrester Consulting, bswift TEI study – May 2009
    12. © Copyright 2007 HR Technology Advisors, LLC. All rights reserved.
      12
      HR Administration System Value
      Improve Data Access/Accuracy
      Superior Service
      Enable HR to Serve More Strategically
      Administrative Cost Savings
      86%
      Make Better Decisions
      80%
      Enable Recruiting of Key Talent
      78%
      76%
      65%
      55%
      % of Employers successfully satisfying objectives
      Source: 2007 CedarCrestone HR Self-Survey Results – includes HR Managers and Directors for Small to Large Companies
    13. © Copyright 2006 HR Technology Advisors, LLC. All rights reserved.
      13
      Partial Vendor List (100 on this list alone)
      • Falcon Technologies
      • FCE Benefits
      • Fidelity
      • Gen4 Systems
      • Genesys
      • Get-Benefits
      • Hewitt
      • HR Census
      • Hr Ease
      • HrXcel
      • Humanic Design
      • iemployee
      • i-enroller
      • Infinity HR
      • iHouse
      • IPA
      • Kronos
      • Lawson Systems
      • Mangrove
      • MercerHR
      • Now Solutions
      • NuView
      • OdysseyHR
      • Online Benefits
      • Oracle
      4 My Benefits
      ABRA
      ADP
      Aliquant
      Ascentis
      Auxillium
      BAS
      BeneLogic
      Benefit Concepts
      Benefit Concepts of PA
      Benefit Express
      BeneFLex
      Benefit Focus
      Benefit Harbor
      Benefits Connect
      Benefit Coordinators Corp.
      Benefits Online
      Benefit Outsourcing Solutions
      Benefits XML
      Benefit Vision
      Benesoft
      Benefit Software
      Benesyst
      Benetrac
      Bisnet
      BSG
      Bswift
      • Betterway Technology
      • BrokerSuite
      • Business Solver
      • Ceridian
      • Checkpoint HR
      • Clear Benefits
      • Colt Express
      • Common Census
      • Convergys
      • Corban OneSource
      • Creative Benefits
      • Crosby Benefits
      • Cyquest
      • EasyBenefits
      • eGroupBenefits
      • Emcentrix
      • Employease
      • Employee Online
      • Employee Tech Solutions
      • Empagio
      • Empoint
      • Empowewred Benefits
      • Enroll Best
      • eNucleus
      • ExcellerateHRO
      • PayLogix
      • Paychex
      • Peoplesoft
      • Peopletrak
      • Real Life HR
      • SAP
      • Selerix
      • SmartBen
      • SHPS
      • Spectrum HR
      • Strategic Resources Grp.
      • Talavara
      • Transcend Technologies
      • Ultralink
      • Ultimate Software
      • Univers
      • VantagePoint Software
      • Vista HRMS
      • Watson Wyatt
      • Workscape
      • Workstream
    14. 14
      Differences Exist Between HR Vendors
      Vendor Roots (Payroll, HRIS, Best-of-Breed)
      Experience & Viability
      Target market
      Pricing
      Feature/Functionality
      Depth of Solution
      Modules/Partners
      • Delivery Model
      • Deployment Approach
      • Ongoing Support
      • Scalability
      • Ability to satisfy future needs
      Sample Feature Differences
      Requirement = Track Training
      • Administer training enrollment
      • Track training classification
      • Track training costs
      • Maintain current library
      • Update employee qualifications
      • Evaluate training requirements
      • Generate notices
      • Schedule courses
    15. Marketplace Trends
    16. 16
      Key HR Technology Trends
      Strong preference toward Software As A Service (eliminating reliance on IT)
      HRIS solutions are becoming more affordable and easier to use
      Increased adoption of Self-Service
      Technology solutions are being more tightly integrated
      • Payroll, HR, Benefits, FSA, 401k
      • Core HR with Best-of-Breed Solutions
      Core HR vendors extending capabilities to compete with best-of-breed (niche) vendors
      Challenging workforce issues driving Talent Management Suites with particular focus on Recruitment
    17. Best Practices
    18. © Copyright 2007 HR Technology Advisors, LLC. All rights reserved.
      18
      Approach
      Selecting the best vendor.
      • Build a team of stakeholders
      • Define your objectives – Short and Long-term Vision
      • Understand the options available
      • Build your shopping list
      • Consider multiple vendors
      • Educate yourself
      • Script the demos
      • Define and weight your priorities
      • Understand selection and ongoing resource requirements
      • Select the vendor that is best aligned with your goals
    19. 19
      Considerations Before You Buy
      How will your company grow in the next five years?
      How quickly will you launch?
      What is your budget?
      Do you have IT resources to support an on-site system?
      With what current systems must any new system integrate?
      Are you comfortable giving up control of private data – do you have stringent data security rules?
      What features are your priorities?
    20. 20
      Success Strategies for Implementing HR Technology
      Build a business case to gain internal commitment
      Don’t treat as a single project with a start and end date
      Identify milestones to achieve success points – build momentum
      Make sure it’s not viewed as just an HR Project
      Get resource commitment and make sure they are accountable for results (can’t be someone’s second job)
      Technology alone isn’t the answer – will need to rework processes
      Understand that users will experience change
      Continue to sell internally
      Think strategically – use the data
      Implementation Plan
      “The difference is in the delivery”
    21. How We Can Help.
    22. Phase 1: The Discovery Process
      22
      Proposal
      24 hours
      2 Weeks
      Client Summary Form emailed to HRT
      Proposal or Discovery
      Prep Call between HRT and Producer
      Discovery Call with Client
      Analysis & Recommendations
      Client Decision Point
      Stop
      Phase 2
    23. Summary of Findings
      Identify Situation
      Define Project Objectives
      Define Current Requirements
      Recommend Next Steps
      23
      • Identify Situation
      • Define Project Objectives
      • Define Current Requirements
      • Recommend Next Steps
    24. The Process
      24
      Research and Analysis
      Compare and contrast different vendors to ensure the right solution solves the problem.
    25. Phase 2: Vendor Selection
      25
      2-4 Weeks
      Demo 1
      Final Proposals
      Consult & Review with Client
      Product Demo’s
      Final Consult & Review
      Demo 2
      Demo “n”
      Client Decision Point
      Stop
      Purchase & Implementation
    26. © Copyright 2007 HR Technology Advisors, LLC. All rights reserved.
      26
      Phase 3: Implementation
      Scope & Planning
      Training Overview
      Define Table Elements and User Privileges
      Data Gathering
      Import Data
      Enroll in Benefits
      Connect to Payroll
      Build Employee Portal
      Implement ESS
      Implement Leave Mgmt.
      Implement Manager Access
      Launch
      Ongoing Training Throughout
      “The difference is in the delivery”
    27. Reap The Benefits Now.
      27
      Invest in the right HR technology solution for your organization.
      HR can reduce the time spent on administrative work by 40 – 50%*
      *Giga Information Group
    28. Thank You!
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