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As a company’s largest asset, human resources are the foundation of a productive and creative workplace, and organisations must become increasingly efficient at managing their human resource (HR) function to remain competitive.
Ascot's software increases HR employee productivity and reduces costs by streamlining employee administration and automating critical processes such as recruitment and selection, performance evaluations, compensation plan changes and time-off requests. In addition to these benefits, Formic Fusion software provides organisations with the ability to:
• Automate routing and distribution of documents requiring approval
• Reduce time performing routine functions such as changing name and address data, entering vacation dates and filing and retrieving employee records
• Reduce storage costs and virtually eliminate any document loss by providing an electronic central repository for all records
• Provide security features to protect employee privacy and comply with HIPAA and other regulations
• Distribute employee communications and audit reading compliance
• Facilitate permanent retention or automate retention policies according to business rules
Our solutions are used by many organisations to capture and store employee records, as well as documents associated with credentialing, recruitment, testing, relocation, continuing education, benefits administration and compliance. From application to separation and beyond, automated workflows can manage processes throughout an employee’s relationship with an organisation.