What differentiates one organization from another is its Talent. Talent is the key resource which is difficult to acquire and even more tough to retain. However, most companies often face many challenges like lack of skilled talent, less employee engagement and high rate of attrition at top level. Without the ability to get over these challenges, organizations will struggle to get ahead of their competitors. So how would you guarantee that you get, manage and retain the finest talent in your company? The answer is Microsoft Dynamics 365 for Talent – a complete HR solution to leverage exceptional experiences across your organization.
What is Dynamics 365 for Talent?
Microsoft Dynamics 365 for Talent is a new offering by Microsoft in its Dynamics 365 solution bundle. This is a new cloud-based HCM solution which is many steps ahead of a regular HR solution. Furthermore, it is a Human Capital Management (HCM) solution which will be there by you throughout your journey of talent. It helps you attract the right people, manage them and ensure the growth of quality talent in your organization.
You might wonder why a standalone cloud HCM is needed when Dynamics 365 already has a fully integrated native HR module with all the needed capabilities. Dynamics 365 for Talent has the potential to transform your views about the HR function. How, you ask?
Here are the five reasons why Dynamics 365 for Talent is a ground-breaking Cloud HCM Solution.
Streamlines the Hiring & Onboarding processes
The first and foremost thing in HR processes is hiring the right people. The software integrates seamlessly with many third-party programs including LinkedIn Talent Solutions. With this, you can post job openings, simplify the interview scheduling process, and increase transparency between the candidate, recruiters, and the hiring team. Create on-boarding templates, introduce the new joiners to their colleagues and make a list of tasks for them to do, people to meet, training to undertake. In conclusion, it makes getting the right people on-board easier.
Optimizes Core HR Operations
According to a study, 68% of the people said that the HR department can better serve their company’s overall goals if it were able to spend less time on administrative tasks. Dynamics 365 for Talent optimizes routine yet time-consuming back-office tasks. It saves a lot of time doing repetitive jobs and you can focus on other valuable tasks. Traditionally, many organizations overlooked HR, which led to a higher attrition rate. Businesses are now realizing its importance and have started focusing on HR processes more closely.
Integrates with varied platforms
It integrates well with Dynamics 365 for Finance and Operations, LinkedIn, background screening, payroll providers, and ATS providers. With its mobile application, you can carry out your routine tasks on the go. Dynamics 365 for Talent also offers HCM analytics through embedded Microsoft Power BI Reports. Reduce reporting complexities, minimize compliance risk, and build cost-effective programs that can be tracked and analyzed. This turns data into insights for more informed decisions.
Helps employees grow and develop
You and your HR team can track employee accomplishments, ensure required certifications are completed, and recommend additional training and developmental opportunities. Make a customized action plan for individual professional growth. The future of work requires empowering employees to own their career path and make learning decisions that will help them reach their goals.
Increases Employee Engagement levels
Attracting the right candidates is not easy. Therefore, you must give them a compelling experience to join your company. It is important to build a brand image and engage them right from the beginning. In addition, candidates can track their job application, submit interview availability, and stay updated about their status. Show your employees how their work impacts the organization through real-time performance dashboards, performance journals, feedback, and collaborative goal management. Manage your Talent smartly.
Do you think Dynamics 365 for Talent is right for your organization? If yes, let us know and explore more about Dynamics 365 for Talent. Get on the path of revolutionizing your HR processes!