HR Leaders is a digital media platform Shaping the Future of Work, for business and for the lasting benefit of society.

View Original

How to use the Power of Analytics to Break Down Silos Between HR & Finance

How to use the Power of Analytics to Break Down Silos Between HR & Finance

HR is all about people, of course. But what’s the other department that’s deeply invested in your organization's workforce, including cost & its effectiveness? Without a doubt, it’s Finance. But while HR and Finance are both stewards of the workforce, there’s often a disconnect between the two. 

When HR and Finance make decisions in silos, it leads to huge missed opportunities for impact that both teams care about. These range across the entire talent lifecycle, all the way from optimizing talent acquisition through to boosting retention.

People analytics has the power to bring HR and Finance together, break down silos, and achieve groundbreaking cross-functional benefits.

Discussion points

  • Why and how it’s essential to leverage people analytics outside of HR, starting with Finance

  • The importance of translating people insights into financial ones

  • Why HR + Finance collaboration achieves greater agility and performance for both teams

  • Increase efficiency, improves data quality and consistency and reduces the need for all those charts through cross-functional collaboration

Panelists:

Be sure to follow HR Leaders on Crowdcast, so you don't miss out on our upcoming events.


Thanks to Visier for partnering with us to bring you this content

Download the report below for and learn the 10 trends that will change the way people-centric businesses and their employees impact each other in 2023


Watch more panel discussions

See this gallery in the original post