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CFOs Need to Know the Fallacies Behind "Business as Usual" in relation to Human Resources Practices

What are your people worth?"PEOPLE ARE
OUR MOST IMPORTANT ASSET." How many times Creation - Documents are created on web
have you heard that? More important, how forms, not Paper.
many times upon hearing it have you
nodded politely and then changed the Distribution - Documents are distributed
subject to something more, ah, important? electronically via rules based routing,
Human resources receives far more lip not manually.
service than respect, but economic
factors factors are making HR the subject Storage - Documents are securely stored
of some truly substantive executive electronically, not on someone's desk or
discussions-and expenditures. filing cabinet.
Human resources as a lowly cost center Retrieval - Documents are retrieved from
The Human resource department is a desktop with the correct security
traditionally inundated with excessive clearance, not after a manual expedition
hard and soft costs. This single to records room.
department is a necessary evil. HR is Security and Compliance - Multiple
not part of any company's core line of levels of passwords and rights
business, which creates these hard and restrictions secure documents, as well as
soft costs. These costs revolve around automatic audits trails, and not
management of documents for each inaccurate fallible manual efforts.
employee. If the career of an employee Benefits of Automating the HR Process
is broken up into 3 phases, HR's document Improved Management - All HR related
lifecycle looks like the following: information is available on-line
Pre-employment: 15 to 20 documents providing managers more information to
including - job description, application, base their employee management decisions.
search agency contract, interview
checklist Increased HR Manager Productivity -
Employment: 14 to 18 one-time, and 3 to Human Resource's self-service
5 annual documents including - capabilities reduce inquiries to HR from
nondisclosure, non-compete, handbook employees and managers, freeing HR
acceptance, performance reviews managers for other tasks.
Post-Employment: 3 to 6 documents Lower Administrative Costs - Document
including - termination, COBRA election, transportation costs are eliminated, as
exit interview. are the cost of physical storage space:
The above documents, and many others office space, filing cabinets, offsite
travel extensively throughout an storage, microfiche equipment, etc.
organization during the career of a Clerical time is no longer spent looking
single employee. A simple example is the for lost or misfiled documents.
interview process. A manger generates a Leverage Existing ERP Investments - HR
request to fill any open position on a managers, line managers and employees
preprinted form. That request is continue to use their existing ERP
manually distributed to upper management interface and tools, assuring rapid
for approval. Once approved, the request adoption of the optimized processes and
is manually distributed to the HR reduced training time.
department. As applicants submit Improved Control and Compliance - With
resumes, qualified prospects are manually the system's workflow enforcing
distributed to managers for interviews. accountability and all actions
Manual notes are taken and then the automatically recorded in an audit trail,
interview checklist is manually compliance with corporate standards and
distributed back to the HR department to legal regulations is improved.
repeat the same process for as many Enhanced Security - Human Resources
interviews as it takes to fill the restricts access to personnel file
position.This repetitive back and forth information, enabling adherence to
flow of HR documents is only interrupted regulations such as HIPAA and EEOC.
by the monumental task of physically Smoother Audits - With all HR related
filling, tracking, and securing these documentation available on-line from
documents. Most companies will have within the ERP system, internal and
independent filing cabinets containing external audits are completed in less
documents, such as resumes, letters of time with fewer people affected.
recommendation, performance reviews, and What Are You Waiting For?As you can
more, for each employee. Some see, fallacies behind the phrase
organizations will have another set of "business as usual" are not immediately
filing cabinets dedicated to medical apparent. When companies take the time
benefit documentation. Managing multiple to look for ways to improve business,
sets of records requires clerical support these problems are discovered, especially
and administrative overhead. when it comes to Human Resources.
The Human Resources Department is Managing documents will make your
outmanned. Studies indicate that there business run more efficiently. Moving
are 85 employees for every 1 Human from a manual process to an electronic
Resources representative. Every year process leads to a better managed, more
these numbers become even more lopsided profitable business. What are you
by 3 to 5%. This coupled with the fact waiting for? Let us help you uncover
that every employee has a permanent file your hidden document costs.
containing between 32 to 44 documents, What Next?
proves that Human Resources is drowning Cornerstone Communications has helped
in paper. over 800 CFOs streamline their document
Throwing HR a Lifesaver processes. We do not know your specific
Human Resources can be saved. Document situation or if we can help you. Contact
Management solutions were specifically us today to explore how document
designed to handle the overwhelming flow management might affect your company's
of paper. HR documents no longer have to Human Resource process.About Us:
originate in a paper format. They no Cornerstone Communications specializes
longer have to be manually distributed in document management and cost reduction
back in forth through the organization. strategies. We help our clients reduce
They are free of being stored insecurely the costs of creating, distributing, and
in outdated filing cabinets.Implementing storing business documents. We can
a proven document management solution typically reduce document related costs
would positively affect the following 60%-96%. As a result, our clients are
areas of an HR document lifecycle: more profitable and more efficient.




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