HR and finance teams continue to become more interdependent, making it essential for them to work from the same data sets. This is nearly impossible to do with separate on-premises systems. The cloud allows datasets to be unified, creating a single source of truth from which HR and finance can make predictions and work proactively.
The cloud also allows teams to simplify day-to-day processes, alleviating the burdens of common activities through automation and streamlined workflows. As businesses grow more complex, the simplification of everyday work becomes paramount for enabling business agility.
That frees up HR leaders to focus on higher-value, big-picture work, such as strategic planning for their companies, Seni says.
Instead of generating a job offer letter, for example, a chief people officer could be spending his or her time meeting with the CEO to discuss higher-level business strategy and how it translates into an overarching talent strategy. Or a CHRO could have more time to develop employee experience and engagement programs, or other plans for maximizing the skills and talents of the company’s workforce, Seni says.