Overview of Top HR Analytics Tools in 2022
Updated: Dec 8, 2021
Imagine data analytics without the right tools? That would look like trying to fell a tree with a knife. An experienced and efficient logger would rightly use an advanced tool like a pruning saw or a chainsaw. Similarly, in the world of data analytics, there are tools that make the work easy and fun.
HR analytics software is like that. They help HR professionals and business leaders collect and analyze data from people (customers and employees) and business processes. The data collected can be used to understand the impact of HR decisions and activities on employee performance and business productivity. Some HR analytics can even be used to optimize talent acquisition, employee onboarding, and talent management in an organization.
They have predictive components that help HR departments determine how well a potential hire will perform in a specific role, and which employees will likely leave, as well as how soon they might leave. This helps HR executives optimize their processes and programs to improve employee experience and hire only those that fit into their workplace culture. Here, we discuss 7 HR software designed to help employers achieve all of the above and even more.
PeopleStrategy is one of the most frequently used HR analytics software today. It is currently the only all-in-one, cloud-based HR tool that you can adapt to your work style. The software is built on a single database and features an HR management dashboard, payroll, employee benefits, time and labor management, learning, and talent management analytics. PeopleStrategy is one of the applications that make people management a breeze.
Using this software, you have a comprehensive HR tool that will help you manage your workforce and make data-driven decisions — using a single database.
Sage HR is another cloud-based HR management solution that integrates core HR functionalities like 360 feedback, time tracking, workforce management, performance appraisal, and attendance tracking. Sage HR has a scheduling platform that allows you to incorporate time-off policies and blackout days. It also includes an organizational chart and a company directory, showing hierarchy and team member roles.
HR departments that use Sage HR can deploy it for automating repetitive tasks. Each employee has a dashboard and a unique login with which they can request sick leaves, day-offs, and communicate other needs with their superiors. You can also see upcoming tasks, goals, events, etc.
Visier is a data aggregation service specifically designed to answer questions relating to your workforce. It works in combination with different HR systems, connecting them into one HR tool. Visier focuses on what matters to a business the most — its people. As mentioned, Visier answers questions that help business leaders structure their business strategy. With this, you can make informed decisions based on the data/answers that the software collects. This people insight is a key factor in optimizing workforce engagement and improving productivity across the organization. Expectedly, when it comes to Workforce Analytics, Visier is a leading name around the world.
R is one of the most used HR analytics software. Built for advanced statistical analysis and visualization, HR experts can use R to explore large data sets. It features data analysis and management functions that allow you to analyze and clean large data. R is primarily used in RStudio, an Integrated Development Environment similar to Python. Hence, it provides more functionalities that aid the R software to process and analyze data more efficiently. Like most IDEs, R has an extensive library with unique packages. Perhaps, its most outstanding advantage is its capacity to handle data sets with millions of rows and columns.
As the name suggests, intelliHR is a smart tool for HR leaders and managers. The design of intelliHR focuses a great deal on people management, giving you an easy-to-use platform to manage employees and boost employee engagements. It features an HRIS performance management and employee engagement platform to help managers and HR executives create a strong feedback culture that empowers and encourages improved employee participation.
Additionally, intelliHR gives business leaders and HR managers real-time insights and an overview of their workforce. The software is ideal for centralizing employee data and onboarding new employees with ease.
Microsoft Power BI
Power BI is a great Business Intelligence tool developed by Microsoft. The software makes the aggregation, analysis, and visualization of data straightforward. Power BI connects concisely to multiple source systems, such as SQL databases, machine learning APIs, or a live Twitter feed. By allowing aggregation with multiple data sources, Microsoft Power BI combines multiple data sources into one large database, thereby making reporting and analysis even easier.
From here, the user can then create a pivot table that offers quick insight into critical workforce metrics. The same data can then be transformed into a dashboard using Power BI’s dashboarding capacity. Essentially, with Power BI, HR departments can gather data from multiple sources, visualize the data, and create HR dashboards and reports with so much ease.
Tableau is one of the most advanced and easy-to-use data analytics or business intelligence tool out there today. It has similarities with Power BI, as it enables easy aggregation and visualization of data from various sources. Since its launch in 2003, Tableau has effectively changed how visualization is done, setting the pace for developers of similar software
As far as data visualization goes, Tableau is suited for any kind of industry and data. The software uses various visualization formats, such as charts, maps, graphs, etc., to display real-time analytics dashboards. This makes data-driven decision-making fun and interactive.
The world of HR and data analytics is broad, and so are the tools that aid the use of data. To qualify as an HR Analytics tool, a software must be endowed with the capacity to collect all kinds of people data, including labor, time, and payroll. It should be able to measure employee performance, evaluate risks and the effects of HR policies, and effectively monitor workforce development and goals.
You can get started today by incorporating one or more of these powerful software into your HR management processes. To learn more about integrating HR analytics into your HR processes, contact us at the Mission HR today.