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What’s now and what’s next in human resources technology

Company: PricewaterhouseCoopers Česká republika, s.r.o.

PwC’s Global HR Technology Survey 2017

In this fourth year of PwC's Global HR Technology Survey, we've looked at how cloud adoption is happening and how analytic applications are being prioritized to enable the Chief Human Resource Officer's agenda.

We found that organizations of all sizes continue to migrate their HR processes to the cloud at a record pace. Two years ago, 68% of organizations had at least one HR process in the cloud. In 2017, that number has climbed to 73%. 

For those that still use on-premise applications (hosted within the organization’s four walls) for core HR, nearly one-third are actively planning their migration to the cloud over the next 12–18 months.

What to consider if you're still on the fence

If it has been more than a year since your last assessment of the cloud as a viable option for core HR applications, it may be time for another look.

Steady year-over-year improvements from HR cloud vendors have increased satisfaction with software as a service overall.

Vendors are pushing new releases to customers anywhere from two to four times a year. More requirements are now met out-of-the box than ever before. Product defects are down sharply. And vendors have refined and improved their processes around development, release management, testing, and communication.

More information can be found here.

Tags: Finance | Human Resources |

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