“The predictions that we’d have paperless offices were right, just premature by several decades,” ascertained Bill Gates long back which runs true across organizations today. Businesses have realized that paper is a cost-intensive and inefficient way to manage data.
A 2015 survey by the Society of Human Resource Management (SHRM) says that 77% of HR departments have adapted to paperless management. HR Managers also noted a reduction in time spent on administrative activities by 35% leaving them with more bandwidth for business initiatives.
The move to dispense with paper-based operations comes after the need for enhanced operability in Human Resource departments. The time-consuming process of storing data in bundles of paper doesn’t only affect productivity and efficiency but also data security.
The primary reason why companies today are opting for paperless HR is the increased storage efficiency. With ever-evolving HR strategies, it is only prudent to accommodate data where it can be accessed seamlessly.
And it doesn’t stop there. The buzzword for corporations the world over is to reduce their paper consumption. The United States cuts down about 68 million trees each year to produce paper. That figure is enough to say no to paper.
If you want a self-serviced HRM that is accessible from anywhere then Cloud-based Human Resource Management Software is what you should settle for. Read on to know more.
Why build a paperless HR department?
Integration is a key advantage: With cloud HRMS in place, there’s no need to fret about fixing technical glitches that may happen in your server. With more companies seeking paperless solutions, cloud HRMS providers are leaving no stone unturned in giving the best experience by synergizing both applications and systems.
Efficient and improved workflow: Now, who doesn’t want that? With automated controls and alerts, it saves HR professionals from going round in circles. From details on new hire onboarding, payroll management, appraisal review system to updating information, working in a paperless environment comes as a breather for the entire HR department saving its time and increasing productivity.
Environmentally conscious: It’s not only a CSR strategy but need of the hour for all of us, as individuals. And, going paperless is an obvious move in the direction. Top companies are going green and reducing the carbon footprint by implementing cloud computing systems. Apart from being collaborative, transparent, accessible, the digital or cloud-based setup has turned out to be an eco-conservative solution.
More space, less waste: Eliminating paper means cutting down on waste and saving more office space. That means cutting down on costs too. Did you know an estimated 15% of an organization’s revenue is spent on managing papers? You clearly don’t need that! Take your pick: keeping track of a stack of paper or working with data compiled on cloud application.
Also Read: Unlocking business success with a custom HRM software
Before you go paperless…
Making a switch to paperless Human Resources may involve a little more effort than you thought. Here are a few areas you need to assess and revisit before you take the plunge to a paperless environment.
Benefits of being on the Cloud
If you are not operating on a cloud-based HR Management system, then you’re missing out on a lot. Of course, you have transformed your organization by venturing into the digital HR management tool. But why limit yourself to that? Here are the advantages of a cloud-based HRMS that you need to know:-Centralized management from any device, anywhere, and anytime.
-Automate workflow by streamlining daily tasks across departments.
-Improved consistency and compliance with analytics and metrics.
-Scale up or down your business needs without extensions.
-Seamless integration with other software and applications.
-Auto-updates for the best performance and experience.
-Personalized information leads to employee satisfaction.
Also Read: The correlation between productivity and custom HRM software
Finally
For HR departments, cross-functionality across departments is of utmost importance. Handling different processes, be it workforce management, payroll process, leave management, review systems, referrals, and more is a task as it is. And, all of it can't be optimally achieved in a paper-based environment.
Moreover, the paper doesn’t come with just a burden of weight. In a drastically changing world, companies need to be more aware of their responsibilities towards the environment. Paper costs money, space, efficiency, and the environment.
Human Resources need a structured, systemized management software that eases their day-to-day functionality while eliminating security issues. If you’re seeking a similar cloud application development solution, then we are happy to help. Book a free consultation with our experts today.