Why you must consolidate business applications

Consolidating business apps will help you streamline HR automation and increase productivity.

The consumerisation of business technology has made access to applications easy and has moved ownership away from IT departments and into individual business units. Chiefmartec.com's 2019 Martech 5000 report found that, in marketing technology alone, business applications grew from just 150 to more than 7,000 since 2011.

In another recent study, Deloitte found that 33% of companies use more than ten individual pieces of HR software. Inevitably, this leads to inefficiencies. Despite how clever each application is in isolation, by adopting different platforms, you create siloes, replacing one long process with many shorter ones and adding zero benefits to the business.

Organisations with an abundance of software should consider application rationalisation to inspect their application portfolio, identifying potential operational efficiency improvements.

The integration challenges

‍According to IDC, over 80% of executives who responded to a recent survey said most of their problems come from a lack of systems integration - meaning their disparate solutions don't talk to each other. In the same study, 43% of workers said they often have to double enter or rekey information, adding time and effort to the process rather than streamlining it.

We frequently see companies spending time and money moving information from one software to another, investing in the latest, greatest recruitment, HR and payroll software - but failing to consider integration. In the HR industry, controlling the flow of operations across every platform and channel is critical, and there is no easy way to achieve seamless interaction between tools and applications without a consolidated solution. ‍

Using disparate sources across multiple platforms in any workflow presents a lot of risks. Data can be lost in legacy applications if not migrated appropriately. For example, information stored in Excel spreadsheets can be error-prone and excluded from business intelligence and analytics. Therefore, application consolidation projects need to consider legacy systems, the larger business process, and the entire application portfolio.

The solution

The same IDC study revealed executives across 1,500 different sectors and lines of business, including sales, HR, and procurement, estimated that resolving their inefficiency issues would generate 36% increased revenue, 30% lower costs, and a 23% reduction in compliance risks.

The ability to automate core recruitment, HR and payroll has enormous benefits. The earlier companies consolidate, the better equipped they can compete in a fast-moving business environment and become better companies to work for. In very few circumstances, it makes sense to have several applications doing the job of one consolidated solution.

Consolidating HR business tools into a single platform, you can effectively streamline your operation without shifting from one application to the next, inputting the same data repeatedly, or having to check system after system to find the correct information.

The benefits of consolidating business apps

Ultimately, application consolidation will help you streamline HR automation and increase productivity by reducing the time and resources required to complete routine processes. At the most basic level, you will save a significant number of hours by using one or two platforms instead of many. Finding a single tool, such as Moonworkers, that can perform every function optimises time and investment.

Business application consolidation also helps eliminate stress from slow, unresponsive systems as a result of needing too many apps running at once. This is worsened by the requirement to share data sets between platforms, which is not only tiresome and a waste of valuable time but could have serious security repercussions.

Maintaining multiple platforms is expensive. There are immediate cost savings by reducing to one, and it dramatically reduces the complexity for everyone. Consolidating platforms can increase your return on labour costs and increase employee satisfaction with employees spending less time performing mundane tasks and freed to focus on making a better contribution to the business.

Finally, business applications should be easy to use and scalable. The more business apps you use and the bigger your business grows, the longer and more complex it becomes to onboard new people and trains them on each of the tools they will need to do their job.

Simply put, more apps create more work; less is more; consolidation is key.

Find out how Moonworkers can help you consolidate your recruitment, HR and payroll processes here.

Nicolas Croix

Co-founder & CEO

Nicolas is the founder and CEO of Moonworkers, the next-gen HR & Payroll operation system to streamline talent acquisition, management and payroll.