Integrating ESG (Environmental, Social, and Governance) principles into HR management is not only an obvious consequence of European legislation on sustainability. It also strengthens the corporate culture and increases employee satisfaction. Digitalization plays a key role in this by simplifying the collection and management of sustainability data. Digitalization in HR is a crucial building block on the road to ESG integration.
In future, the Wuppertal public utility company will use the noventum HR-Analytics analysis software for its HR controlling. The benefit of the software for the HR controllers is that they can analyse complex interrelationships with minimal effort and make targeted recommendations for action.
Thorsten Schmidt, Director for Business Intelligence at noventum consulting, and Thomas Schauer, Managing Director of CoPlanner, have worked together side by side for several years at noventum on the topics of Business Intelligence and Corporate Performance Management. These days, the two met in the port of Münster for a strategy meeting to discuss further cooperation between noventum and CoPlanner.
Recruiting new employees is one of the most important pillars for sustainable success for every company - and at the same time one of the biggest challenges. noventum HR-Analytics creates the prerequisite for the comprehensive analysis of the recruiting process with a cloud hybrid architecture consisting of Microsoft Azure and SQL Server components.
For 22 different tools, the aim was to determine the most popular HR software manufacturers in the categories of customer satisfaction, usability and price-performance ratio. Over a period of three months, votes were diligently cast in the social media and in newsletters of the independent comparison portal, resulting in over 3,000 individual evaluations for almost 100 HR software providers in the course of the HR Software Comparison Award 2021. Based on this data, an overall winner was then determined for each tool.
Planning and controlling with personnel data is complex even in large companies, if this data has to be merged from different systems and this means recurring large expenditures without automation. Thanks to noventum HR-Planning and noventum HR-Analytics, LBS Westdeutsche Landesbausparkasse is now able to manage resource and personnel planning with little effort.
Personnel controlling is repeatedly faced with the task of producing valid analyses from heterogeneous data. Data acquisition and preparation make up a significant part of the effort that they have to invest. HR reporting and analysis often fall short of their capabilities because of technical and time restrictions. Many companies lack a connecting solution.
Experts from the human resources sector were invited to pursue the question of what digitalization does to work, how it questions values, orientations and solutions and turns them upside down. Until late in the evening the participants of the conference discussed New Pay, AI in the handling of personnel data, modern personnel requirements planning and agile methods. In three parallel series of topics CULTURE CHANGE, HR MANAGEMENT and HR CONTROLLING, experts presented their approaches and projects and faced interested professionals for discussion.
A lot of companies have to rely on data of the most diverse origin and quality for their HR concerns when said data is needed for controlling and planning purposes. A lack of data quality and laborious processes are the result. The internationally successful eCommerce company shopware, a large manufacturer of online shopping systems in Germany, has implemented the noventum HR-Analytics software solution for its human resources activities.
The requirements for reports and analyses in the HR segment are growing with the technical possibilities. Until now, People Analytics has been the innovation topic du jour, whereas Predictive Analytics is the current promise. Today, the objective of a lot of Human Resources departments is to proactively and strategically support and advise the different areas of their company. The inquiries range from quick collection of relevant HR indicators to requests for intuitive analyses of possible correlations and conspicuous trends. Such requirements cannot be fulfilled with HR data that are stored in various, non-interconnected sources and which can only be combined with a lot of manual effort. The dm-drogerie markt retail group has addressed this situation with the “noventum HR-Analytics” standard solution which is based on an HR data warehouse and a BI solution based on Microsoft SQL Server and MicroStrategy. With its HR-Analytics application, noventum consulting has been able to consolidate the technical situation as well as the data basis of dm, and to significantly improve the situation of reporting within HR.
Data Analysis Expressions (DAX) is a query and modelling language for SQL Server Analysis Services (SSAS) Tabular, Power-BI, and Excel Power Pivot. Calculated columns, tables, and user-defined Measures can be created at a very sophisticated level.
How useful DAX is in business practice is impressively illustrated by a development in the area of the Development in Pay Act. This relatively new law provides employees with the right to demand valid proof from their employer for the commensurability of their own remuneration in comparison to employees with similar activities. With the help of the HR-Analytics solution of noventum, which also relies on the DAX formula language, companies can comply with this obligation.
Due to the oftentimes extensive available data space, the areas of application of HR-Analytics are varied and range from reports and analyses to human resources master data, staffing structure and movement, as well as human resources measures all the way to analyses of time management and salaries. As reporting and analysis tool, HR-A traditionally conduces to human resources management. However, report recipients are also increasingly located at all levels of management and in other areas of the company: from production, via logistics and commerce, all the way to internal marketing and PR departments. As such, the increasing technical possibilities are turning noventum HR-Analytics (HR-A) into a future-oriented analysis and planning instrument.
MicroStrategy® Incorporated, leading provider of enterprise software platforms worldwide, invited to Cologne (Germany) on April 6th 2017 for a one-day symposium. In addition to the new functions of MicroStrategy 10.7, which has been available since March, as well as industry-specific and discipline-specific solutions, best practices application of customers and partner companies were also presented at the symposium. noventum consulting, partner and sponsor of the event, introduced its analysis and presentation platform "HR-Analytics" for management, designed for executive management and HR department.