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Comprehensive Product Suite
NuView's product modules address all HR functions, from benefit administration and open enrollment to compensation management, recruiting, training, performance and succession through separation, globally, with a single integrated database and system.
Having all these functions under a single platform means you can:
- Monitor and track progress from one area to the next
- Report on the total, global enterprise
- Have information readily available for HR policy making and trend analysis
- Implement workflow across multiple functional areas
- Implement approval steps and accountability across the organization
- Provide documentation and analysis for SOX compliance
- Eliminate integration and customization costs needed for multiple vendor systems
Because all the modules under our HR System use a single database, and are fully integrated together, there is “inter-modular awareness” by each module. What that means is that processes can flow from one to another, share data critical to decision making and create greater process efficiencies within the entire organization.
To provide an illustration of the value of having a tightly integrated comprehensive solution, consider the process of employee termination and off boarding. When this happens, a variety of things need to happen that effect multiple areas:
- The IT group needs to be notified to disable login. Security needs to be notified.
- Property issued to the employee needs to be returned.
- Benefits cease; vacation balances need to be calculated
- COBRA correspondence generated
- Exit interviews need to be scheduled, and conducted and recorded/written
- Outplacement service need to be notified (Managed via alerts and notifications within NuViewHR)
- Lastly, the vacated position may need to be filled as soon as possible
If there are two separate vendor systems (one for benefits and one for recruiting), then these systems need to be managed to absorb this information generated. This is done at a cost to the company through a manual paper/ data entry process or automated through expensively managed interfaces and IT resources. Having multiple vendor systems for this process causes unaccounted losses – from both a cost and strategic perspective. This is because information that needs to be available to a recruiter or benefit manager in the above example will take longer, may be inaccurate and cost of transferring that information is more expensive than the comprehensive solution that NuView offers. NuViewHR, has all the HR strategic functions work together under a single application. The modules “talk” to one another, seamlessly, and trigger alerts and notifications to various people and groups within the organization, generate the right correspondence, and perform other functions – seamlessly, with a guided workflow/wizard. Some of the benefits to having all your HR functions within a single system for the single example above are:
- Ability to search internal candidates first – before going outside (saving Recruiting $, establishing culture, enabling retention and defining employer brand)
- Extensive internal candidate performance, job history & salary history readily at hand (hiring the right person saves $)
- Knowledge of the last salary for the vacated position
- Knowledge of the average salary for the vacated position/department
- Improve retention and employee satisfaction rates (saving recruiting $)
- Lower recruiting costs by looking to fill internally first (saving $)
- Long-term succession and growth plan for employees
- Eliminate the costs of integrating multiple vendor systems (saving $)
- Ability to administer COBRA internally (saving $)
- Fill positions faster (saving costs, reducing lost productivity)
- On-demand, statistics on department and position turnover
- Analyze exit interview data to drill down into trends
Managing HR "in a vacuum" should not be an option that an organization has to take.
