Page 18 - 2020 Peel & Holland Benchmarking Survey Results

Do you have an HR technology solution?
Yes 69% 35
No 31% 16
Do you have an HR technology solution?

69%
Yes

31%
No

National Trend

What is the name of your HR Companies turn to technology for further efficiency and
technology solution? productivity gains.
HR will continue to deploy technologies with embedded
ABRA HRMS artificial intelligence (AI) and machine learning as those tools
ADP mature and pass more real-world tests. But experts have
Ascentis varied opinions on the pace of that growth and how AI will
BambooHR expand beyond its current uses within HR. Experts believe
Benefitfocus that in the next 10 years, up to 50% of organizations will have
HR technology that provides daily recommendations and
BeneSolv workforce insights based on AI and machine learning.
Clarity While AI is regularly used today in recruiting, HR service
Employee Navigator delivery professionals as well as learning and development
Fiscalsoft experts anticipate a broader adoption timeline. They expect
Fusion Employer Services AI to expand into new areas of HR with utilization unfolding
Great Plains as HR cloud technologies did (which took about a decade for
mass adoption).
Kronos Payroll Systems Other experts believe the continuing talent shortage will
Paycor force recruiters to grow ever more creative in using the latest
Paylocity sourcing technologies and tools to find in-demand talent.
Plansource Data science and AI algorithms can help recruiters better
TimeClock Plus understand which passive candidates are open to changing
jobs or engaging with recruiters, for example.
Workterra
SHRM.org: What to Expect: 2020 HR Tech Trends

16 PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results