In this blog post, we’ll sketch out a few tips that can help you improve your human resource management experience with NetSuite SuitePeople.

Most business owners are looking for ways to improve their human resource management and to reduce the workload. But how can your HR management be improved?

And how can it work efficiently while managing other tasks? Are there any ways to do so without relying on multiple platforms?

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This blog will guide you through all the tips and tricks on how to manage your workforce effectively, all while looking after the other tasks. 

With NetSuite SuitePeople, you will be able to manage all of your business needs in a more efficient way.

So, what is NetSuite SuitePeople?

The first social Human Resource Management application built on the NetSuite platform, NetSuite SuitePeople gives users the power to design their own solution with role-based security and a shared global data set.

NetSuite SuitePeople handles 360-degree feedback, along with peer and public recognition, and maintains time off and work history. It offers a number of features that simplify and improve the delivery of HR services for all users within the company.

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SuitePeople HR provides organizations with strong functionality to manage their workforce management and human resources procedures while providing an amazing employee experience for the majority of daily tasks. By incorporating HR features within the NetSuite family of apps, it gets rid of a lot of repetitive manual tasks.

Organizations may remove third-party connections, increase data accuracy, boost employee engagement, and make more informed decisions to closely match workforce performance with company success with the use of a single solution to handle human resources, payroll, and financials.

Managing your employees might be difficult if you use multiple applications to record data. When HR staff is continually tasked with updating and resolving people information in several areas, neither they nor HR management can obtain a single analytical perspective of the workforce.

As a result, HR staff becomes less productive and more distracted. Managing a larger staff is more costly, less effective, and has less strategic value. These issues are reduced with NetSuite SuitePeople HR. Your whole workforce’s data is protected in one location and seamlessly integrated with the rest of NetSuite.

This provides:

• • A centralized system of record for all of your employee information and a single source of truth for all of your reporting and analytics requirements.

Companies that expanded their NetSuite solution to include SuitePeople HR, significantly improve the employee experience, increase the quality and integrity of HR data, and use necessary analytics to get a better return on investment in human capital. They also reduce the time spent updating and reconciling multiple applications.

What are the features SuitePeople provides?

Applicant Tracking System

SuitePeople’s comprehensive applicant tracking system starts with your own personalized job board, which makes it simple to post opportunities and accept applications.

HRIS Reporting

SuitePeople reports assist you in transforming that data into knowledge that strengthens corporate understanding and promotes strategic decision-making.

Integrated Financial Management

NetSuite SuitePeople provides all the tools necessary to improve business management and expedite business operations through seamless integration with all of NetSuite’s key financial management products.

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Skill Management

With SuitePeople, HR managers can locate and update each employee’s skill set in addition to tracking it across the whole workforce.

Employee Review and Review Cycles

Whether you choose more regular review cycles or conduct yearly performance reviews, SuitePeople offers comprehensive, relevant performance data for the entire review period.

Dynamic Organizational Chart

The organizational chart is dynamically created and updates to reflect documented promotions, departmental movements, and terminations are shown right away.

What are the benefits of SuitePeople?

• • Optimized HR management:
    Enjoy the finest HR management with creative elements and an interesting self-service interface that workers adore.

• • HR Analytics:
    Easily separate employee numbers by department, location, subsidiary, and class.

• • Improved Talent Management:
    Use tools for goal-tracking, performance evaluation, and engagement to develop your talent.

• • Payroll:
    NetSuite SuitePeople’s improved user interface and new features make managing payroll easier than ever.

Analytics Provide New Perspectives

The majority of businesses struggle to provide analytics that consumers can trust, because information comes from multiple sources or is generally unstructured. It takes a lot of time to organize everything quickly enough to make the necessary decisions.

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HR leaders can easily obtain the information they want as all HR data is centralized within NetSuite. Finance leaders have access to information on how employee performance affects financial success in a single place.

Engaging Employee Experiences

SuitePeople rethinks how your employees consume and engage with HR data. Because NetSuite is aware of the many tasks that your workers perform, it provides them with the tools and information they most need, right when they need it.

• • HR professionals can manage the full employee lifecycle from a single, customized dashboard, where they can also track recruiting and firing trends, carry out routine duties, and handle hiring and terminations.

• • Workers can update their profiles, identify and recognize other employees, monitor time-off balances, benefits, and salary via the Employee Center without the help of HR staff. They can even perform onboarding tasks there.

• • Managers can do routine HR operations using self-service tools, including approving time off requests, starting a pay adjustment, promotion, or transfer, and reviewing compensation history.

• • Financial executives just need to look in one place to see whether a decline in revenue is related to open sales jobs or why a particular location is experiencing greater than usual turnover, which is resulting in poorer, localized customer satisfaction.

• • Effective Dating: Create an audit trail utilizing precise data, then modify your logic to fulfill the compliance standards using both current and future effective dates.

• • Access Management: Ensure that the correct modifications are being performed by the appropriate people with the appropriate access. It is possible to prevent NetSuite Administrators from seeing private employee data.

Compensation and Acknowledgement

Rewarding and acknowledging your workforce helps to motivate, retain and develop top talent. According to studies, more communication within the company increases employee happiness.

• • Compensation:
    Give administrators the ability to specify and monitor pay information for each employee, including the base wage, base wage type, and currency.

• • Benefits:
    Track and report on your company’s benefits programs and expenses so that Human Resources and staff members may access the specifics of the programs through NetSuite rather than visiting the websites of the benefits providers.

• • Variable Pay:
    Support and handle several bonus kinds, including spot, referral, merit, and even custom types. For extra motivation, employees may view past payments and bonus targets.

• • Acknowledgement:
    By allowing employees to publicly appreciate their coworkers for their efforts and accomplishments for a job well done, Kudos offers a tool to promote a great work culture, enhance retention, and cut turnover costs.

Centralized Global Human Resource Management

Using SuitePeople HR, your whole global resource pool is in a single system that creates records more accurate while making it simple for workers to identify regardless of where they are. Flexible access restrictions and efficient dating everywhere give HR experts a strong basis for handling everything, from employment to addresses.

• • Employee Profile:
    A person’s employment profile contains all relevant information, including the supervisor’s name and location.

• • Employee Directory:
    Employees should be able to easily locate and get in touch with the appropriate people inside the company, as well as navigate the organization to understand where people or teams belong within it.

• • Employee Timeline:
    Access a timeline showing the progress of the employee and their job history, including start and end dates.

• • Job Management:
    Create job requisitions with descriptions, job families with minimum, mid, and maximum hourly levels, and other information quickly to help create career paths and be more competitive in luring new talent.

Improved Workforce Management

The Workforce Management capabilities of SuitePeople HR help in minimizing the workload on HR professionals by improving the speed of routine procedures like time off requests, onboarding, and off-boarding. 

• • Time Off Management:
    Create unique time-off schedules with a configurable rules engine that comply to your company’s policy, including eligibility, entitlement, accrual frequency, and carryover. Automatic time-off accruals and reporting provide employees and managers access into balances and enable them to actively plan and authorize vacation time.

• • Onboarding:
    Create onboarding checklists and templates in order to reduce the risks and expenses associated with turnover.

• • Offboarding:
    Make offboarding templates and checklists to ensure that all procedures are followed and that all property is retrieved prior to the termination date.

SuiteSuccess for SuitePeople HR

NetSuite is well aware of the difficulties of managing a staff. SuiteSuccess for SuitePeople HR approaches the issue systemically and adopts an innovative strategy to product uptake, productized domain knowledge, leading practices, and KPIs.

Faster time to value, more corporate efficiency, flexibility, and improved client success are all advantages of this. Customers are prepared to swiftly maximize their NetSuite investment because they experience instant and tangible business advantages.

Why choose NetSuite SuitePeople as your HR management system?

There are many reasons to choose NetSuite SuitePeople as your HR management system. NetSuite provides complete control over the Core HR processes of your businesses. It improves operational efficiency, supporting compliance efficiency and insights, enhancing strategic decision making.

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Global workforce can be managed in a way better than ever. Moreover, NetSuite is simple to adopt and extend as your business expands because it is a cloud-based system. NetSuite is an obvious choice for managing your HR system.

Final Thoughts

Human Resource management is a critical part of any business. Every organization has a range of tasks and positions, and there are many ways to manage it effectively. As the global economy has become more intertwined, businesses of all sizes have to rely increasingly on effective HR management.

With NetSuite’s SuitePeople System, organizations can manage their HR data, track applications, onboard efficiently, run payroll, generate reports and enhance the employee experience, all in a single platform. And when it comes to choosing an effective HR management system, NetSuite SuitePeople is the best choice.