It requires actively understanding and adapting these trends to future proof our strategies.
HR managers today are tasked with so much more hiring and policy-making. They also need to build a streamlined HR tech stack that addresses the nuanced demands of modern workforces and the dynamic environments they inhabit.
In this article, we’re exploring four areas of HR technology that are setting a new standard for what an efficient, responsive HR department can look like. We’ll also cover how to deliberately craft an HR tech stack so that you’re not just following trends blindly, but actively picking the right tools to improve both employee satisfaction and business outcomes.
First up, let’s cover the one trend that everyone in every department in every organization is already talking about: AI.
More than a third of HR tech leaders are actively exploring generative AI and how it can be used in their organization—a number that is surely growing.
There’s no doubt this technology is reshaping business and HR practices. HR professionals will need to work closely with their IT, legal, and compliance counterparts to understand the potential use cases and benefits (and potential risks) of any planned new strategies.
Specifically when it comes to building a better HR tech stack today, look for SaaS companies that align with your own organization’s approach to AI.
“Growing companies need modern, non-legacy providers who are as invested and up to speed with critical tools like AI as we are,” says Leif Baradoy, Giftbit CEO. “That’s where we have to be as employers.”
Beyond AI, integrating the following four HR software solutions can help your department successfully navigate today’s shifting HR landscape.
Slower response times, higher chances of errors, and dramatically reduced productivity can be the norm with traditional HRIS platforms. These traditional platforms had their place, but they’re not able to keep pace with today’s fast-evolving business needs.
Instead, next-generation workforce management solutions like Rippling are flexible enough to integrate seamlessly with all the other tools your hybrid, modern workforce is already using.
These systems consolidate all HR functions—from payroll and benefits administration to recruitment and onboarding—into one cohesive platform. Data can flow seamlessly across departments, so that decision-making can be based on comprehensive insights.
This makes them essential for companies aiming to navigate the intricacies of modern work dynamics efficiently.
Our HR team knew they needed to improve their operational efficiency. That’s why we’ve recently switched to Rippling. They’re a leader in their space, because they offer a unified solution that manages not just HR tasks but also IT and operations within the same ecosystem.
“At Giftbit, we're always looking for new, better tools to reflect and support where we’re going,” says Baradoy.
Specifically, here’s why we made the decision to switch up our HR tech stack.
We’re a remote and growing company, with employees spread across multiple countries. Rippling lets us manage all aspects of our global workforce, all in one place.
“Global is important because we’re all global faster, especially with the rise of remote work,” says Baradoy.
Prior to switching to Rippling, our people operations were spread thin across three different solutions. Rippling let us replace these disjointed systems with one comprehensive platform, simplifying everything from payroll processing to compliance management.
This consolidation not only saves time but also reduces the risk of discrepancies and improves data security.