Digital Transformation

Recognize These Signs of Data Overload?

By

Barbara Corcoran

| Jun 9, 2020

Businesses that succeed are flexible and adapt to change quickly. But if you’re stuck using multiple HR platforms and old processes, it’s easy to get so bogged down in data that it hurts your efficiency and bottom line.

Does this sound familiar to you? It’s a problem I see businesses run into all the time.

Here are a few ways excess data creates inefficiency:

It starts at the very beginning with onboarding, when new employees spend valuable hours on their first day of work filling out forms. And some companies still do this by hand! No matter how it’s done, the right time for paperwork is before the first day on the job.

Even more time is lost if you don’t have the right systems. If you use different technologies that can’t “talk” to each other, HR professionals have to waste time entering new employee information manually.

Then come the questions. Employees will always need clarification on policies like time-off requests, 401(k) benefits and dress codes. These questions are easy and often have a straight answer, but managers or HR professionals may take time to respond and are forced to take valuable attention away from other responsibilities.

Instead, empower employees to access and control their own data.

And what about expense reports? Employee receipts often end up crumpled, dirty or lost in the shuffle, and it’s up to HR to decipher the mess. This leads to a lot of frustration on both sides as HR tries to find the right information and employees wait for delayed reimbursements.

Let’s not forget employee training and development. Now more than ever, the importance of safety and compliance can’t be overlooked. How does your organization track mandatory trainings? Where do you record the proof?

Barbara Corcoran Quote

I know there’s a better way to avoid these inefficiencies and keep your business running smoothly. Paycom offers easy-to-use software that covers everything from onboarding to training. You’ll be amazed at how much more efficient your business can be when you switch to the right system that empowers employees to get the answers they need and spend their valuable time more wisely.

About the Author

Barbara Corcoran

Barbara Corcoran, Shark on ABC’s “Shark Tank,” is the author of the best seller “Shark Tales: How I Turned $1,000 into a Billion Dollar Business!” and host of top podcasts “Business Unusual with Barbara Corcoran” and “888-Barbara”. Corcoran is a motivational and inspirational speaker. She is a frequent small business and real estate contributor on every major network. Corcoran has been an investor/Shark for the past ten seasons on ABC’s four-time Emmy award winning show, Shark Tank, investing in over 80 businesses to date. Follow Barbara on Twitter and Instagram @BarbaraCorcoran.

See more posts by Barbara Corcoran