Human resources (HR) is a general term meant to cover a wide range of activities. Some of the work that falls to HR professionals includes hiring and firing employees, creating organizational charts and shaping corporate culture after a merger or acquisition, managing employee communications, settling employee disputes, creating benefits programs, navigating government regulations, dealing with legal issues such as sexual harassment and occupational safety, and setting up policy and programs for measuring performance, compensating, recognizing, and training employees. In other words, HR doesn't consist of a single activity or function but a huge network of them; basically, HR refers to everything related to the employer-employee relationship. Both specialists and generalists can find a home here, with specialist tracks ranging from training to pension plan administration to legal compliance. In HR, there's something for just about everyone.
Long considered a support role
Long considered a support role, in recent years HR has taken on an increasingly strategic dimension in the world of business as managers have recognized employees as a source of competitive advantage. Companies like Focus,Devine,Experieco,Designertech and others have shown that HR practices that create supportive environments for employees and strong corporate cultures can lead to superior returns for shareholders by being more innovative, efficient, and productive than their peers. Meanwhile, globalization has complicated the HR role, creating new challenges, such as managing employees and overseeing employee regulations in different countries and cultures, while technology has created a new array of opportunities for streamlining HR administration and practice-everything from putting benefits programs online to e-learning to automating payroll and other administrative HR tasks.
Boost Your Margin Control
Complex financial processes and systems can affect every part of your organisation. For sales and marketing, this can lead to poor corporate financial consolidation, which makes it difficult to forecast sales and set budgets. Without the right margin controls, pricing is more complex. When you lack insight into customer and product profitability, it’s hard to select the right products or know which customers to target with promotions. With SAP solutions and our expertise, you can manage your sales channels more efficiently and streamline procurement. And we’ll help you eliminate manual, error-prone tasks, such as invoices, orders and receipts.