In today’s rapidly changing business environment, the integration of technology and human capital (HC) is more important than ever. At Decusatio Human Capital Solutions, we recognise the transformative power of Peopletech – the strategic integration between technology and human capital management. As leaders in providing comprehensive human capital solutions to entrepreneurs and small to medium-sized businesses (SMBs), we believe that embracing Peopletech is essential for unlocking the full potential of your workforce and driving sustainable business growth.
Understanding Peopletech
Peopletech isn’t just about adopting the latest HC software or implementing fancy gadgets in the workplace. It’s about leveraging technology to enhance every aspect of human capital management, from recruitment and onboarding to talent development and retention. It’s about creating a seamless integration between technology and human capital, where both elements collaborate to empower employees and drive business success.
Recent statistics reveal that over 50% of businesses globally have already implemented AI and automation in their human capital processes. From applicant tracking systems to employee engagement platforms, technology has become an essential part of present-day human capital management. However, simply investing in fancy technology isn’t enough – it’s how you strategically apply it to optimise your human capital practices that makes a real difference.
The Role of Peopletech in HC Outsourcing
For entrepreneurs and SMBs, outsourcing HC functions can be a game-changer. It allows businesses to access specialised expertise and resources without the overhead costs of maintaining an in-house HC team. At Decusatio Human Capital Solutions, we offer a full suite of HC services tailored to the unique needs of each client. Our strategic approach to Peopletech ensures that technology complements and enhances our human capital management solutions, providing maximum value to our clients.
By outsourcing their HC functions, entrepreneurs can focus on their core business practices while enjoying the benefits of having their human capital effectively managed with the best technologies. Whether it’s recruitment, corporate wellness programmes, or skills development initiatives, our team of experts is dedicated to helping businesses thrive in today’s competitive market.
Advantages of Peopletech for SMBs
For South African SMBs, the benefits of embracing Peopletech are clear. From streamlining administrative tasks to improving employee engagement, technology has the power to transform every aspect of HC management.
Streamlined Recruitment Process: SMBs can streamline the recruitment process from job posting to candidate selection with advanced applicant tracking systems (ATS). For instance, our partner Crayon automates resume screening and helps businesses find top talent faster, reducing time-to-hire by 50%.
Improved Employee Onboarding: By implementing digital onboarding platforms, SMBs can streamline the onboarding process and ensure a smooth transition for new hires. These platforms centralise important documents, speeding integration and improving employee satisfaction.
Enhanced Employee Engagement: Employee engagement is crucial for productivity and retention. With tools like Microsoft Viva Insights, businesses can gain valuable insights into employee sentiment and well-being, enabling proactive measures to tackle potential issues and improve morale. For instance, by partnering with Viva Insights, businesses can increase employee engagement by up to 30% within the first year.
Efficient Performance Management: Traditional performance appraisals can be time-consuming and subjective. By using performance management software like SAP SuccessFactors, businesses can automate performance reviews, set clear goals, and provide continuous feedback to employees, fostering a culture of continuous learning and development.
Data-driven decision-making: HC analytics tools help SMBs plan workforces, develop talent, and allocate resources. With AIHR Analytics, for instance, businesses can analyse employee turnover rates, identify trends, and implement targeted retention strategies to cut turnover costs by 20%.
By leveraging the expertise of Decusatio Human Capital Solutions and our network of partners, SMBs can navigate the complexities of HR technology implementation and reap the benefits of a digitally-enabled workforce.
Peopletech changes how we manage human capital. By leveraging technology to optimise HC practices, businesses can unlock new levels of efficiency, effectiveness, and employee engagement.
Are you ready to embrace the future of HC with Peopletech? Get in touch with us to find out how we can help you optimise your human capital management practices and achieve your business goals.