Human resources (HR) reports have a pivotal role to play in the streamlined and effective management of the business. Fundamentally, HR reports are analytical methods that display statistics, metrics, and insights related to human capital management. Their primary goal is the improvement of HR processes, recruitment, workforce performance, and budget planning, all of which are central to an organization’s productivity.
At their core, HR reports enable informed decision-making and facilitate investors, partners, and all other stakeholders to obtain a wealth of insights into all aspects of the organization.
Workday ERP’s Composite Reporting offers unique features that simplify Human Resource tasks in the organization. The integration of financial analytics and reporting enables businesses to view all of their operations, workforce, human capital, and financial information in a single place.