This document summarizes the key benefits of Bayzat Benefits for automating administrative tasks. It states that Bayzat Benefits can help reduce time spent on admin processes by an average of 32% by improving efficiency. It also claims the technology can minimize data errors by 99% and decrease employee permissions issues by 87%. Additionally, the document notes Bayzat Benefits offers bank-level security for employee data and records with 256-bit encryption.
Webinar - How to set pay ranges in the context of pay transparency legislation
Simple tools to automates your admin and HR works
1. SIMPLE TOOLS
TO AUTOMATE YOUR ADMIN WORK
Bayzat Benefits™ is here to make your life easier!
of professionals suggest that
they lack time, resulting in
a wider shorter term focus.
TIME
48%
Bayzat Benefits helps our clients
reduce their time spent on admin
processes by an average of 32%.
Improving the efficiency of admin
tasks are considered to be a key
performance criteria for
45%of HR professionals.
ADMIN TASKS
COMMUNICATION
88%of HR professionals suggest that repetitive
communication, employee chasing, and
‘Ping Pong’ emails are a major source of
HR inefficiency.
Data quality is one of the areas of major concerns
according to 91% of HR professionals.
Manual data entry and file duplications across
different locations (physical and digital) can lead
to major data inaccuracy within the organization.
ACCURACY
Our proprietary technology can help
you minimize such errors by 99%.
Compliance issues and mistakes (such
as visa renewal dates) can lead to fines
up to 20.000 AED.
COMPLIANCE
In specific cases, companies have been able
to avoid fines up to 5 cases (amounting to
an estimate of 100.000 AED)
ACCESSIBILITY
of HR leaders are concerned
about the administration
of employee records within
their organization.72%
Our customers experience an 87% decrease in
employee permissions and accessibility issues.
of both HR and business
leaders see overall data
safety and security as a
high priority.
SECURITY
15%
Our 256-bit encryption offers
bank-level security for your
employee data and records.
The changing economic environment
and the need to cut down costs is a
major concern according to
34% of HR professionals.
COST EFFICIENCY
Automating your HR processes can
reduce costs by 12% within the first
year of implementation.
Sources
CIPD, 2016
Oxford Strategic Consulting Report, 2014 www.bayzat.com