Peter Drucker said that knowledge has power and controls opportunities. HR technology has evolved from payroll tied to finance to newer cloud-based solutions that integrate payroll, HR, and time tracking. Applicant tracking is transforming HR for small to mid-sized businesses by helping them find better qualified talent faster and more efficiently. When selecting HR technology, companies should look for an all-in-one solution that includes applicant tracking, payroll, time and attendance, and benefits to streamline processes and reduce expenses. HR leaders should ensure new technology implementations go smoothly by providing training, choosing user-friendly software, and working with supportive vendors.