Editor's Note: Take a look at our featured best practice, Six Building Blocks of Digital Transformation (35-slide PowerPoint presentation). Digital Transformation touches practically every function in the entire organization. This thus requires an unprecedented amount of coordination among people, process, and technologies throughout the organization, leading to a difficult Transformation program.
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Also, if you are interested in becoming an expert on Digital Transformation, take a look at Flevy's Digital Transformation Frameworks offering here. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can you stay ahead of the curve. Full details here.
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Staying on top of your leave management responsibilities is difficult to do manually, so lots of businesses choose to either outsource this to a third party or automate it as much as possible to minimize the workload involved.
If you have yet to make a decision either way, here is a look at the positive and negative aspects of each route, and the solutions you can select to assist you.
Modern Software Makes Automation Affordable & Accessible
If you would rather keep your leave management in-house, then there are ample solutions available to achieve this without breaking the bank. And the best of the bunch embrace automation in order to accelerate all sorts of typical leave-related tasks, freeing you from the need to do them by hand.
For example, the annual leave software on this page is capable of automatically tracking leave across entire organizations, enabling you to see at a glance when people are taking time off, and the reasons behind absences.
This is not just convenient from a management perspective, but also demystifies the process for employees as well.
From submitting leave requests to checking up on how many vacation days they have left available to them, the latest software can handle all this and more, with little need for manual intervention.
Outsourcing Lets You Tap into Expertise & Ensure Compliance
The primary purpose of outsourcing in any context, from IT support to leave management and beyond, is to let businesses offload responsibilities they are not equipped to handle internally to experienced, qualified third parties.
In the case of leave management, this means that you can allow outside experts to orchestrate the potentially complex process of fielding leave requests, tracking leave and allocating it appropriately.
This should free you up to focus on other tasks, and means that a hands-off approach is potentially in keeping not only with the scale and resources of your organization, but also with its culture and values.
Furthermore, if you are concerned about adhering to regulations relating to leave, but you are unsure that you can stick to them under your own steam, outsourcing could solve this simply and swiftly.
Control Is a Concern
The deciding factor for many businesses when faced with a choice between outsourcing leave management and automating it through software is the amount of control they will have over the data this generates.
Outsourcing inevitably means that this information ends up in the hands of third parties, which might leave you responsible for errors made even if these were not the direct fault of your firm. Also, without direct ownership of leave-related data, you might miss out on any insights that could be extrapolated from tracking the ebb and flow of how employees use their leave over the weeks, months and years.
Leaving management software that you use solely in-house, with the automated features making this possible to do regardless of your own levels of expertise, will solve both of these issues. So if you want to take charge of your data and do with it as you please, outsourcing is out of the question.
Costs Need to Be Compared Carefully
However you decide to deal with leave management, you will need to pay for perfecting this. Outsourcing providers will have fees to cover, while software packages come with their own ongoing expenses.
As with the other aspects of each covered above, you need to compare the various options in detail and decide on a solution that not only matches your budget, but is also aligned with your company’s culture. This is the only way to select an approach which works well.
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The Process Automation & Digitalization Assessment is a comprehensive framework designed to help organizations identify opportunities for streamlining operations, reducing manual efforts, and leveraging technology to drive efficiency and scalability. The assessment provides a structured approach to
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Want to Achieve Excellence in Digital Transformation?
Gain the knowledge and develop the expertise to become an expert in Digital Transformation. Our frameworks are based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. Click here for full details.
Digital Transformation is being embraced by organizations of all sizes across most industries. In the Digital Age today, technology creates new opportunities and fundamentally transforms businesses in all aspects—operations, business models, strategies. It not only enables the business, but also drives its growth and can be a source of Competitive Advantage.
For many industries, COVID-19 has accelerated the timeline for Digital Transformation Programs by multiple years. Digital Transformation has become a necessity. Now, to survive in the Low Touch Economy—characterized by social distancing and a minimization of in-person activities—organizations must go digital. This includes offering digital solutions for both employees (e.g. Remote Work, Virtual Teams, Enterprise Cloud, etc.) and customers (e.g. E-commerce, Social Media, Mobile Apps, etc.).
Learn about our Digital Transformation Best Practice Frameworks here.
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