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Immedis Guest Blog Article: Global Payroll Data and its Importance to the CFO and CHRO

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As it can be in life, so it can be in business: objectives and charters seemingly unrelated or even at odds with each other can be, as the cliché goes, two sides of the same coin. As the non-cliché goes, they can be complementing hemispheres. It’s often the case in the C-suite, as the Accenture-advocated idea of whole-brain leadership shows us. And it’s certainly the case in human capital management, as 3Sixty Insights’ concept of concrete and abstract HCM shows. What’s more, one kind of data can be comparably valuable to different stakeholders in the C-suite whose concerns might be seen, alternately, as left-brained vs. right-brained. Such is the case. certainly, when it comes to the needs of the chief financial officer and chief human resources officer. In a multinational […]

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Immedis Guest Blog Article | How the CIO Plays a Critical Role in Bringing Order to Global Payroll

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It is not a surprise that getting global payroll right is a mission-critical activity. What might surprise you is that a significant share of the responsibility for ensuring that an organization successfully accomplishes this falls on the CIO. Why? Because much of an organization’s enterprise software ecosystem is tightly entwined with the intricacies of processing global payroll, it causes significant stress across enterprise software infrastructure every pay period. Plus, there are considerable data security and compliance risks for organizations to consider- most of which will come under the CIO’s remit.   However, there are other often-overlooked considerations. The impact on an organization and its people can be stressful too. According to The Workforce Institute at UKG, 49 % of employees will tolerate no more than one mistake or problem with their paycheck before looking for a new job—making the decision to upend their own lives and placing the unwanted pressure of creeping attrition on the employer. Their decision likely stems from the fact that, according to a 2020 survey by the […]

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Immedis Guest Blog Article | How Payroll Can Provide Concrete and Abstract Value to Organizations

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At the end of the last day of the pay period, payroll must, without fail, be processed. The result is a definitive line item in the general ledger. It requires no explanation. It’s absolute, something the accountants understand. And employees understand too. Miss payroll, or get it wrong, and your employee sentiment scores will nosedive. As if this weren’t enough, however, there is much more to payroll; there are, in fact, two sides to payroll—the concrete and the abstract. Both are important. Payroll is more than a number We at 3Sixty Insights speak of the two hemispheres of human capital management. The term we use for anything in the management of an organization’s employees that easily translates to a financially quantifiable number is “concrete HCM.” That […]

isolved Guest Blog Article | Connect Speaker Spotlight: Analyst Brent Skinner Talks Concrete & Abstract HR

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When isolved surveyed 500 HR leaders earlier this year, 92 percent said that employee experience (EX) is a top priority for them in 2021. After all, investing in the communications and capabilities (often digital) that an employee has with their employer before, during and after their tenure can’t be wrong, right? With EX going beyond core HR functions – like reducing payroll errors and improving compliance – there’s often a disconnect between what leaders want – grow their employer brand, engage their employees better – and how to lobby to get investment for it. At isolved Connect in September, 3Sixty Insights Principal Analyst Brent Skinner will break down his independent research on the complications HR is facing when blending two practices: concrete HR and abstract HR. Ahead of the event, […]

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3Sixty Insights Monthly Recap | April 2022

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Recent Research: Analyst Insight: Legion Leverages Future-Of-Work Technology to Empower Hourly Workforces With this Analyst Insight, 3Sixty Insights explores how Legion, a provider of advanced technologies for workforce management, applies artificial intelligence and machine learning to demand forecasting and labor scheduling to help companies support the employee experience of an hourly wage workforce. In this way, you no longer need “to choose between productivity and efficiency when you have AI and machine learning,” says Legion CEO Sanish Mondkar. Learn how AI and machine learning can transform WFM into the bridge between finance and operations. Analyst Insight: Ceridian Dayforce Matures Into Global Provider of Disruptive Innovation in Its Core Competencies and the Future of Work This Analyst Insight looks into Ceridian’s overall strategy and success. Success […]

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3Sixty Insights Monthly Recap | June 2021

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Latest Research: Case Study: SilkRoad Technology Engages with Cleveland Clinic to Implement and Support Custom Deployment of RedCarpet Onboarding The following case study provides a recount of a deep collaboration between leadership at SilkRoad Technology and a resourceful manager at the client organization to solve a significant challenge in onboarding and forge a strong vendor-client relationship for the long term. In this example, SilkRoad embarked on a high-touch effort that ultimately succeeded in helping this large network of hospitals deploy a custom implementation of SilkRoad RedCarpet to eliminate productivity-sapping, labor-intensive manual administration related to the yearly onboarding of thousands of long-term contractors. Channel Fish Anatomy of a Decision SAP Business One Technology investments are a tough sell for many business owners, and small businesses in […]