We are excited to share with you some insights from a recent free webinar for HR professionals, hosted by our experts at INKUBIT, all about the exciting world of HR analytics. The event was focused on how businesses like yours can leverage data-driven insights to transform their HR management and make informed decisions.
Are you ready to transform your business with the HR Analytics Accelerator? Don't worry if you missed this event, we will dive into all the details in this blogpost and have linked all webinar materials here.
The webinar event began with a brief introduction to who we are at INKUBIT, and of course to our subject matter expert Furkan Kaya, AI and Data Lead at INKUBIT. The Agenda of the webinar followed the structure below, and today we will bring you a brief summarization in case you were unable to join!
- Introduction: HR for Dynamics 365 and HR Analytics
- HR Management for Dynamics 365 live demo
- HR Dashboards for Supervisors: How to get a complete view of your team's performance and productivity
- Leverage HR analytics to unlock the power of your HR data and make data-driven decisions
- Examples from the practice of HR Analytics in practice
And of course a live Q&A session to clarify any queries from attendees about the solution!
Introduction: HR for Dynamics 365 and HR Analytics
Furkan explained that the COVID-19 pandemic has caused many businesses to cut costs, and unfortunately, the HR department is often the first to suffer. This is where HR analytics comes in. By providing valuable insights into workforce management, HR analytics can help organizations make informed decisions based on data, ultimately helping them improve their bottom line.
However, we understand that many organizations face challenges when it comes to HR analytics. Some of these challenges include:
- Difficulty finding useful insights
- Limited integration functionalities
- Poor reporting functions
- The need for IT support to manage and customize dashboards
Now, let's take a closer look at the solution: the HR Analytics Accelerator. This end-to-end solution for human resource processes is fully integrated with the Microsoft Business Application Platform and the Microsoft Ecosystem. It is built on Microsoft Power BI, making it modular, flexibly scalable, and able to help standardize and digitize processes in your company. Using the business data from your HR Analytics Accelerator solution, HR professionals like yourself can easily:
- Make data-driven decisions and predict future trends
- Assess employee skills and competencies and identify top performers
- Provide employees with development opportunities
- Optimize costs by identifying areas where you can reduce spending or increase efficiency.
HR Management for Dynamics 365 Live Demo and HR Dashboards for Supervisors:
During our free webinar for HR professionals, attendees had the opportunity to see a live demo of HR Management for Dynamics 365, focusing on the HR Analytics Accelerator solution. The demo showcased how the solution enables HR professionals to easily analyze data from various sources, including employee records, time and attendance data recruitment data, to gain valuable insights into their workforce.
The range of HR dashboards offered within the solution provide a valuable overview of important HR data, enabling businesses to quickly analyze and make informed decisions. The dashboard provides a snapshot of key HR metrics, including headcount, turnover, performance, and engagement.
Leverage HR analytics to unlock the power of your HR data and make data-driven decisions
The HR Analytics Accelerator solution provides real-time insights into employee performance and development needs, allowing HR professionals to identify and address issues before they become major problems. This makes it a game-changer for HR management, providing a streamlined way to manage your workforce and gain valuable insights. By using this solution, you can make data-driven decisions, optimize your costs, and manage your talent more effectively. And with a live demo showcasing the solution in action, our attendees saw firsthand how it can benefit any business!
Benefits of HR Analytics for Businesses
By leveraging the power of HR analytics, organizations can optimize their costs, improve employee satisfaction, and ultimately improve their bottom line.
Here are some key benefits:
- Making Data-Driven Decisions: HR analytics provides insights into HR data, enabling businesses to make informed decisions based on data and not just intuition.
- Managing Talent More Effectively: HR analytics provides insights into employee engagement, productivity, and performance, enabling organizations to identify and address issues before they become bigger problems.
- Improving the Bottom Line: HR analytics can help businesses optimize their costs by identifying inefficiencies and opportunities for improvement, such as reducing employee turnover or identifying overstaffed departments.
Take Action Today!
This free webinar for HR professionals was brought to a strong conclusion with some burning questions from the members of the audience. If you have any questions yourself that this blogpost may have sparked about the solution, do not hesitate to get in contact with us and one of our experts will be happy to host a consultation session with you by clicking here!