Expectations from Human Resource Planning Technology
Human Resource technology is experiencing a significant transformation in the modern times. Stakeholders are expecting major breakthrough in the HR technology sector. According to the venture capital database, above $2 billion has been invested in HR technology in the year 2016 which will be doubled in the following months. Though, there is a minor drop in the investment if compared to the last year. But, in the last 5 years, the investment has grown significantly in totality. Such investments which was made on the integrated HR management system (HRMS) platforms in midsize companies reveal positive signs for the companies and investors.

That uncertainty is being derived by the change from cloud to mobile. The factors are video, social recruiting, and artificial intelligence. In the recruiting zone, everything is changing quickly comprising of experiences human resource planning software delivers to the company due to the freshly introduced software. It kicks out the outdated software making the HR process obsolete.
With these expansions and more remodeled HR practices, industry frontrunners now able to understand the following aspects in human resource planning:
It’s been around 5 years now, organizations are focusing on deciding active goal systems, individual ratings, and adding check-ins, and data oriented performance management. However, there are no tools in the market to automate the above pointed out facts. Currently, there are abundance of SaaS companies selling SaaS-oriented, team focused performance management software that links to the human resource planning systems. Most of them:
· Don’t have the feature of conducting personality valuation, and online valuation.
· Don’t have the feature to manage performance by team, not by the grade.
· Don’t have feature which allows dynamic team management which helps in creating and changing teams swiftly.
· Don’t have feature to create the targets transparent and easy to alter and track.
· Don’t have feature to check-in mechanism.
The human resource planning software must be used with the activity streams.
