Editor's note

There are many well-known HCM platforms, each of which have many features and benefits. However, using these across a large organization in a consistent manner has sometimes proved difficult, for many reasons.

Comparisons between organizations for the purpose of benchmarking have similarly been frustrating. Differences are soon revealed even in, say, a medium-sized company when different heads of department are asked the straightforward question, “How many staff have you got?”

Finally, the drivers for change and the various stakeholders can now have their needs met with the publication of the new standard ISO 30414:2018 – HCM reporting. Read more about this in our cover article HCM Reporting: A New International Standard authored by David Simmonds.

In The Value Of An Analytics-based Approach To People Decisions, Cheryl Flink talks about how organizations can thrive, stay agile and continue to innovate in a fast-moving world, and navigate through an unprecedented period of disruption involving digital transformation, artificial intelligence, global economic unrest, cybersecurity, and increased competition.

Moving on there is Raj Narayanaswamy's Your Payroll Transformation Is Incomplete, where he talks about ways to standardize global time and gross pay to deliver a genuine payroll and HR transformation.

Also read, Benefits Trends Ahead: What HR Professionals Should Watch For In 2020 by Zane Dalal and DOL Issues Opinion On Rounding Hours Worked Using Payroll Software by Robert Meyer, among others featured in this edition.

That’s not all! We hope this edition of HRIS & Payroll Excellence will help you with your payroll and HRIS challenges.

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