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Business Intelligence
Companies sometimes overlook the “information” part of a Human Resource Information System, but this is just as valuable to the long-term success, and profitability, of an organization. Within the database, you have a virtual goldmine of information, which can be supplemented with data connections to other systems or you can even export data to other systems for additional analysis.
NuViewHR's flexible architecture means it can easily connect to external systems, by sending data to, or receiving data back, from those systems. Looking at the data, from many perspectives and levels, helps you identify trends, and set actionable policies.
Companies are able to ask, and determine:
- What the turnover rate is company wide. By Department By specific manager
- Absenteeism trends – days of the week most commonly taken
- Time to fill open positions Best recruiter? Best recruiting source?
- Quality of new hires? (performance ranking after 6 months on the job)
- Average salary for a position?
- Revenue per employee?
- Cost of benefits spent per employee?
- Training dollars spent per employee?
Having access to this data enables clients to define polices and procedures, and to react to trends before it’s too late. This data is extremely meaningful to others (outside of HR) too -- because this data has an impact on profitability, productivity, competitiveness in the marketplace – and long term success of the organization.
