As the year comes to a close, it is time to look ahead at the top workforce analytics software solutions you could implement in the New Year.
Workforce analytics is a set of tools that measure, characterize and organize employee data. A combination of software and methodology that applies statistical models to worker-related data, workforce analytics allows organizations to optimize their human resource management efforts. Workforce analytics software has been around for many years and as our society becomes more and more digitally sophisticated, so have HR analytics.
Check out these top workforce analytics software solutions for 2019.
Let’s take a look at some of the top workforce analytics software your company can implement to help you determine the best workforce analytics success factors that could help your organization become much more successful.
This cloud-based business management software integrates with multiple data sources including spreadsheets, databases, social media, and any existing cloud-based or on-premise software solution your organization may use. This workforce analytics software solution is not only suitable for companies of all sizes, from small businesses to large enterprises, but is also compatible with Windows and Mac platforms, iPad tablets, and other mobile devices.
From cash balances and top-selling product lines to forecasted revenue by region, marketing return on investment by channel, and so much more, Domo not only offers interactive visualization tools and instant access to company-wide date through a centralized dashboard but can even take your HR analytics to the next level.
Sisense is a business intelligence solution and not only provides tools to manage and support business data with analytics, visuals, and reporting but also allows the organization to analyze datasets and generate relevant business trends. With Sisense, your business can easily combine data from many sources into a single database. Once Sisense has combined all data into a single database, it then rearranges the data into a standard format predefined by the user.
Some features of Sisense include dashboards, scorecards, data warehousing, and more. Sisense even provides a variety of dashboards allowing you to protect your data through KPIs, charts, trends, and scatter plots. With its Crowd Accelerated BI technology, you can share analysis with users within and outside your organization seamlessly. Perhaps the best part about Sisense is its ability to be deployed either on-premises or hosted in the cloud as a SaaS application.
#Grow: BI Dashboard
This cloud-based business analytics and reporting solution is perfect for small to midsized businesses. With Grow, you can create customizable dashboards to monitor your business workflows and key activities. Grow also allows you to pull business data from a variety of sources and combines that data into a single platform and easily integrates with other software including Salesforce, Dropbox, Google Analytics, as well as other databases and spreadsheets.
By bringing real-time data into the dashboard, Grow allows users to view trends as they occur and share information with their team in real-time. While an HR analytics software comparison between Grow and Sisense reveals that Sisense is a more popular, more preferred software, Grow does offer personalized implementation and support for users, something Sisense does not.
Perhaps the most popular workforce analytics software on the market, Microsoft’s SharePoint software takes many workforce analytics success factors into consideration to help businesses gain an accurate and actionable view of their operations. SharePoint supports both on-premises and web-based deployment architecture and can even be combined with your existing business management software including Dynamics CRM, Dynamics ERP, and Microsoft Office.
With SharePoint, you can easily monitor and analyze critical business data while effectively collaborating across the organization. In an HR analytics software comparison between other solutions and Microsoft’s SharePoint, SharePoint has been found to increase collaboration throughout the company while providing actionable business insights.
#Microsoft Power BI
Another popular workforce analytics software solution from Microsoft, this web-based business analytics and data visualization platform is great for businesses of all sizes. Microsoft Power BI monitors important data from all organizational sources including apps used by the company.
With this workforce analytics software solution, you can quickly analyze, transform, and visualize data and share reports. Microsoft Power BI also allows users to deliver reports with real-time dashboards, access third-party cloud services like GitHub and Zendesk, and is even available in both free and paid versions.
HR analytics is so essential to an organization that choosing the best workforce analytics software is critical to the success of your business. Before you decide which workforce analytics software solution will best fit the needs of your company though, it’s essential to perform an HR analytics software comparison to ensure that you’re choosing the best software for your company’s needs. It’s also essential to have workforce analytics success factors in mind to best determine if your new software will provide the tools and capabilities your company needs to remain successful.