built to save you time and empower your business decisions
Imagine a world where you get easy access to data-driven
insights that help you maximize and retain your workforce
Powerful data readily available at your fingertips
Our HR Analytics engine is a bi-product of the multi-dimensional data processed and managed by our technology platform. In the world of HR and workforce management, many companies struggle to obtain quick access to data in order to manage its workforce effectively and ensure optimal employee performance.
Our platform leverages artificial intelligence (AI) to compile, query and analyze large amounts of data and uncover trends and patterns that empower companies to run its operations effectively. AI allows us to discover patterns that standard human intelligence simply cannot decipher and allows for the analysis of large amounts of data quickly.
Most HR professionals rely on having to access multiple systems and vendors and even enlisting additional help to merge and compile data for critical reporting. Clients that utilize our HR solutions suite (Verification of Employment, UI Claims and Tax Credits) can benefit from our powerful HR Analytics engine, given the fact that we house all employment and separation data. This eliminates the need to invest time and effort procuring data from multiple sources.
Facilitated by the advancements in digital technology, HR analytics has emerged as a key tool that business organizations are using to make better decisions related to hiring, unemployment insurance claims, tax credits, and other human resource functions.
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
What is HR Analytics?
People analytics or human resource (HR) analytics refers to a professional system of data collection related to an organization’s employees and an objective analysis of the data to draw actionable insights. The HR team as well as various business heads can use these insights to optimize business functions where there is room for improvement. Quentelle’s advanced HR analytics engine is designed to optimize a company’s Verification of Employment (VOE), Tax Credits, and UI Claims functions.
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
Highlights of HR Analytics Software
Human resources analytics software tools along with advanced data collecting methods make the role and function of the HR department much easier, faster, and more precise. Here are the key highlights of this tool:
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
Simplified Use
A good HR analysis platform or tool is designed to be highly intuitive and user-friendly. No specialized training or certification is necessary to use. The service provider is available for assistance and may offer demo videos or other guidance if you get stuck somewhere.
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
Access to Data
A powerful HR analytics platform will collate the human resource data and information at a central location and present it conveniently on a dashboard. HR professionals can review the recent and historical data collected across multiple parameters to make informed decisions.
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
Advanced Features
A dynamic platform or tool for talent analytics will offer periodic updates to keep your organization ahead in terms of new technology and features. You can get the latest features for usability, reporting, security, and customize them as required.
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
The Power of HR Analytics for Business
In addition to the core functions, such as VOE, WOTC, and UI Claims, HR data analytics can empower the organization to evaluate its human resource policies and their impact on business. Using data driven insights, it is possible to assess the actual bottom line impact of the company’s people policies and practices and even predict future workforce trends.
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
Some of the critical HR analytics metrics that may be tracked using people analytics are time take to complete the hiring process (including verification of employment), costs of UI claims, savings on tax credits, cost of hiring an employee, average employee retention rate, and the return on investment (ROI) per employee. Analyzing these figures can provide crucial opportunities for course correction where the HR metrics are deviating from the organizational goals.
New Technology Trends: Predictive HR Analytics
Going forward, the role of artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) in the human resource function is likely to become increasingly important. AI powered platforms are already enabling organizations to improve their talent acquisition processes, maximize their available tax credits, and lower their costs of unemployment insurance claims.
Innovative HR solutions suites, such as the one offered by Quentelle, enable data access and people data analysis from a single source, making it easier for the HR team to gain valuable insights with minimal investment of the company’s time and effort.
Predictive HR analytics software in the foreseeable future will companies estimate their risks of attrition, costs of UI claims, and WOTC tax credit benefits. Predictive analytics may even be useful in assessing the future performance of teams by analyzing the individual employee strengths and weaknesses, and making recommendations for more effective team compositions.
Advantages of HR Analytics for Organizations
- Improves the organization’s ability to hire the right talent
- Identifies talent in the state designated disadvantages groups
- Sharpens the focus on the skill gaps within teams to recalibrate hiring
- Maximizes the opportunity to receive tax credits
- Minimizes the costs of unemployment insurance claims
- Reduces employee turnover and increases talent retention
- Boosts employee productivity on major KPIs (key performance indicators)
- Enhances employee morale and satisfaction on key metrics
- Creates conditions for greater teamwork and better employee engagement
- Helps improve employee training, mentoring and development programs
- Cuts down attrition rates by helping identify trends and causes of employee churn
Smart and Simplified Human Resource Analytics from Quentelle
Quentelle is helping redefine and strengthen the strategic role of human resource management in business organizations through its powerful workforce analytics engine. To learn more about our solutions, call us at (888) 565-5515* or Contact us online.