HR.com, January 24, 2018, by Dinesh Sheth
Across all industries, modern enterprise technology has served as a powerful tool to revolutionize how businesses operate on a day-to-day basis, and where human resources was once the department stuck in the “Stone Age” – utilizing entirely paper-based processes – new technologies have propelled HR teams to leadership roles where they represent a company’s cultural and operational backbone, further driving overall profitability.
One key area where the industry is being impacted most by technology is a company’s employee benefits management program. Traditionally, these programs have served as a tool for employers to keep up with market competitors and offer benefits that attract and retain talented employees at the lowest possible cost through negotiating deals with various benefits vendors. Now, thanks to developments in enterprise technologies, employers can better manage their programs internally and also offer improved benefits options for employees and their families.
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