MARCH 2020HR TECH OUTLOOK6Workers' compensation is gaining more prevalence in the business sector, with technology playing a critical role in bolstering the capability of insurers to serve their clients better. Organizations across the landscape are investing in innovative technological solutions to foster a progressive ecosystem that focuses on providing enhanced results for employees. However, implementing an effective compensation program requires a robust communication system where employees can report information in real-time, thus, eliminating the need for paperwork.The emerging technologies in the HR sector are enabling firms to provide HR professionals and insurers with seamless access to information. For example, incorporation of chatbots and virtual assistants is not only helping streamline data collection but also enabling quick processing of claims. With advanced data management systems, organizations are able to bring greater levels of accuracy into their compensation programs.The integration of artificial intelligence and machine learning, on the other hand, will further enhance the capabilities of HR professionals as well as insurers to undertake actionable measures and improve the compensation process for employees. Considering these trends, there are a myriad of solutions and services in the market designed to upgrade workers' compensation and disability management systems. With so many options available, choosing a cost-effective compensation solution is a daunting task. Through this edition of HR Tech Outlook, we bring to you a list of prime vendors that are at the top of their game, along with insightful articles from several thought leaders. We hope the valuable information and the innovative solutions from leading companies will help you in choosing the best workers' compensation and disability solutions providers that align with your business requirements.Let us know your thoughts!Upending the Status Quo of Workers' CompensationHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's NoteRichard Watsonrichard@hrtechoutlook.comCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact Us:Phone:+1 (510)-369-5331Fax:510-894-8405Email:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKMarch - 04 - 2020, Volume 06, Issue 08 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com David Parker
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