How Single Source HCM Can Transform Your Business
April 17, 2018

Small to medium sized businesses need a competitive edge when implementing HCM solutions. No longer just a “payroll” function, HR administration now represents the business initiatives that drive successful workforce management. HR leaders are part of a core team that has a direct impact on the success of the company.

A single-source HCM solution is the savior of the small to medium-sized company. It’s a partnership that should provide invaluable services while becoming a long-standing extension of your own team.

How Single Source HCM Can Transform Your Business
Reduce Turnover –

From compensation and performance analysis tools, to the self-service and on-demand accessibility and self-directive that employees look for from a company, the right HCM can help you retain top talent and minimize turnover.

Streamline Productivity –

Complete systems integration of payroll, benefits, time and attendance improves productivity tenfold. With automated tasks and scheduled workflows, reminders and alerts, and the opportunity to pass data from one system to the next, HR administrators are saving time, reducing bottlenecks, and mitigating risk of costly errors.

Keep the Focus on Mission Critical Tasks –

Managers and administrators in small to mid-sized businesses tend to have multiple responsibilities, in addition to HR functions. Employee management and making critical decisions about workforce administration should be a top priority. An HCM solution with maximum capabilities will give you the time you need, and the data to make informed decisions.

Grow Your Business –

Identifying and hiring top talent helps to drive your success. A solution with an integrated Applicant Tracking System (ATS) can streamline this process and expedite hiring for fit. Using collaborative tools, built in scheduling, automated prequalification, and candidate scoring resources, you’re delivered a short list of potential hires that can be vetted in half the time.

Critical Business Insights –

Today’s companies are driven by big data and business insights. Implementing an intuitive HCM solution helps to break down complex data and provide granular reports to have complete transparency into your workforce. Statistics and intelligent data, coupled with archived information makes forecasting and trend analysis easier at every level.

Netchex is the leading HCM partner for small to medium sized businesses. We help companies across the US manage their workforce by keeping your focus on making the company a success. We offer a full suite of HCM solutions that grow with your business, including payroll, HR, compliance, benefits administration, and time & attendance. Our award-winning technology evolves with industry needs, and is backed by senior-level HR experts that help you every step of the way.

Contact us to learn about our solutions for small to medium-sized businesses, and discover why more companies are switching from ADP, Paychex, and Paylocity, to Netchex and benefitting from elite service and support.