AUGUST - 2022HR TECH OUTLOOK APAC 19Human Resources, like every other industry and profession, is currently going through a transformative period of technological disruption. As OneVentures is one of Australia's leading Venture Capital firms, we are fortunate to be exposed to many of the newest innovations from companies seeking investment in their products and we can see that the HR future for Australian workers will be very different from where it is today.There are two major forces driving technical innovation in HR: The ability to collect and interpret employee data; and the ability to automate generic tasks whilst facilitating human interactions. Fundamentally, whatever tech is introduced into the workplace, it needs to be user friendly for both the manager and the employee with useful data to be brought back to the company. OneVentures have invested in several companies who are solving HR challenges to deliver to these needs. The first is Employment Hero, who have developed a HR platform designed for small and medium sized (SME) businesses. The main purpose for the platform is to service SMEs who may not be able to offer the same sorts of HR services as big organisations, purely due to size and resources. With the adaption of Employment Hero in the business, many of the process driven tasks (contracts, policies and access to a variety of HR templates) are all provided. Reminders to supply documents are automated with the employee so onboarding or performance reviews can become more about the person and less about the paperwork.Employment Hero is also a highly useful tool for managing staff, with everything from operations How Technology is Facilitating Better Human Connection in the WorkplaceDr Michelle Deaker, Managing Director and Founding Partner, OneVenturesByThere are two major forces driving technical innovation in HR: The ability to collect and interpret employee data; and the ability to automate generic tasks whilst facilitating human interactionsCXOInsights
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