Towers Perrin’s Patrick Vincent argues that after years of seeing payroll as a necessary evil, companies are realising pay data can be a source of competitive advantage.
Over the past 20 years, the main focus of ERP (enterprise
resource planning) software vendors in the HR arena has been
to develop comprehensive HR systems with ever more functionality,
capable of meeting the HR requirements of global organisations.
These systems have many benefits – if implemented correctly
– including the ability to report on HR information across
regions and countries, providing valuable HR information that
assists decision making.
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