Talent acquisition, transformation, and management are critical anchors for any organization. However, they often find themselves submerged in a pool of challenges ranging from lack of skilled talent, less than optimal employee engagement, and loss of top talent to other organizations, with around 52.3%) of employers concerned about the shortage of skilled talent. One competitive advantage that separates successful organizations from unsuccessful ones is people. So how do you ensure you get the best talent on board for your growing organization? One way is to implement Microsoft’s human capital management application -- Dynamics 365 for Talent. Dynamics 365 for Talent enables you to leverage exceptional experiences across the talent journey by attracting the right people, ensuring good onboarding, engagement, and growth.
What Makes it Different?
The HR module of any ERP solution unifies many of the employee functions like storing employee data, managing payrolls, and maintaining policies, making the entire HR process streamlined and easy to manage. However, they usually aren’t employee centric and often do not benefit managers, HR staff, and your current or prospective employees equally. Studies have shown that North American firms that institute a human capital management (HCM) strategy are able to reduce their total cost of ownership – the total amount spent per employee on all HR-related services – by an average of 26%. Dynamics 365 for Talent is the answer to your HCM strategy -- a much welcome break from Microsoft’s core focus areas of finance and operations management. While you might wonder why one would need a separate dedicated cloud app for (HCM), when Dynamics 365 or any other ERP for that matter has a fully integrated HR Module with native HCM and talent management capabilities. Dynamics 365 for Talent offers unlimited scope and enhancement options to meet the distinct HR needs of organizations worldwide.
The Right Start:
The journey towards customer success starts by hiring empowered, skilled, and engaged employees. Dynamics 365 for Talent enables you to compete for the best candidates, a major requirement in today’s highly competitive job market. Build relationships with candidates from the first contact, on to offer acceptance and throughout their employee journey. Streamline your hiring experience by simplifying the interview scheduling process, and increasing transparency between the candidate, recruiters, and the hiring team. Set up the right interview team and efficiently and cost-effectively conduct interviews with candidates. Enable immediate feedback between the hiring team and candidates to shorten the time to fill vacancies.
Rich Candidate Engagement:
The cost of hiring the wrong candidate is often much greater than missing out on someone good. Attracting the right candidates requires you to provide a transparent and compelling experience to keep candidates engaged and excited throughout the hiring process. Dynamics 365 for Talent lets you achieve this by showcasing your corporate culture and creating a good first impression – an important aspect for getting the right candidates on board. Enable candidates to track their job application, submit interview availability, and get transparency across the entire hiring process. Make sure they’re always in the loop, and enable candidate engagement.
People will forget what you said, but they will never forget how you made them feel – especially on the first day at work! The hiring process doesn’t stop at just providing offer letters, but continues until after the onboarding. Very often, new hires find themselves struggling to contact the right people, get access to the right tools, and the right information on their first day or work. With Dynamics 365 for Talent, you can create step-by-step onboarding templates for every new employee and keep them engaged, right from the first day. Introduce candidates to their new colleagues, and their mentors, and help them connect with them ahead of their arrival. Let new employees know what to expect – give them a list of activities to be done, the right people to meet, trainings to be undertaken, and ensure an efficient onboarding.
Over 58% of human resource staff time is spent on administrative tasks, and on feeding data into multiple systems. One of the biggest challenges HR teams face is assimilation of data from multiple sources which include LinkedIn profiles, resumes, portfolios of work, and actual job applications which need to be matched to the selection criteria for each role. Dynamics 365 for Talent’s seamless integration with LinkedIn's Recruiter service gives your HR access to the right tools for employee recruitment, onboarding and retention, making the entire hiring process more transparent. Search for new talent directly from LinkedIn, get every candidate’s LinkedIn profile, send calendar invites, set up interviews, and manage interview feedback from a single console.
Employees who feel appreciated and empowered always do more than what is expected. Dynamics 365 for Talent puts employees at the center of everything, and empowers them to take full control of their administrative tasks. Enable them to focus on new initiatives and programs that align to business goals, and offer them the insight required to take actions. Provide managers all necessary information -- from compensation, competency, and leave – in a single console and offer insights through embedded Power BI reports. Give your people the right tools to do their daily jobs successfully, and get the required analytics to simplify processes, facilitate agility and optimize HR programs.
Giving people a little more than what they expect is a good way to get back a lot more than you expected! Dynamics 365 for Talent’s one stop shop for all aspects of attracting and retaining top talent puts it at the forefront of the HCM game: create precise candidate profiles, conduct fruitful interviews, and enhance the ROI of your hiring process. Enable a seamless onboarding experience, and accelerate the productivity and business impact of new hires. Streamline your human resources management process and maximize retention. Get the best people on board, empower them to give their best to their jobs, and fulfill all your business objectives.
About the Author - Manoj Nair
Manoj Nair is a seasoned IT professional with over 12 years of experience in Software Consultancy, ERP Implementation, Testing, ISV Development & Client Management. He is a Senior Project Manager at Indusa and is responsible of managing various software programs through cross functional coordination.
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