Increasingly, HR leaders are being asked to guide business decisions around recruitment, labor costs, turnover and more. Yet, according to Paycor’s Finance’s Guide to the HR Center of Excellence, 66 percent of CFOs say their HR departments have an “average or worse than average” impact on the organization’s bottom line. The HR department is sitting on a goldmine of data, but it often lacks the support, resources, and budget needed to make sense of workforce data.
Paycor Analytics enables HR departments to transform complex workforce data into simple and digestible visualizations to gain insight into their organizations. In addition, this tool enables HR leaders to informatively answer important workforce questions from stakeholders including workforce costs and how they’re changing, the risk of critical talent resignations and suggested retention strategies, how to reach diversity goals and many more.
Paycor Analytics Key Features:
“At Paycor, we’re dedicated to delivering best-in-class HR solutions that enable SMB leaders to directly impact the bottom line,” said Ryan Bergstrom, Chief Product Officer at Paycor. “By partnering with Visier, we’re bringing enterprise-class infrastructure to Paycor Analytics and providing a robust solution that enables data insights tailored to HR, benchmarking, predictive analytics and more, and exceeding any other solution on the market.”
“Partnering with Paycor means Visier’s powerful analytics can now be utilized by even more businesses, which is taking one more step forward in making data-driven decision making the standard practice across all HR departments,” said John Schwarz, CEO of Visier. “We fundamentally believe in the value analytics brings to business partners of all sizes, and Paycor echoes that belief with their best-in-class HR solution. Together, we deliver real and measurable impacts to the bottom line.”
“People analytics is now the fastest growing domain in HR,” said Josh Bersin, a global industry analyst. “Solutions like Paycor Analytics bring the power of analytics to smaller organizations with very easy-to-use tools that can quickly enhance the value of workforce data.”
Join us November 13-15 for the Property Portal Watch Conference Madrid 2019.