Category Archives: Business Technology

We May Not Own The Building, But Our Name Is On Top!

The “CorpStrat” headquarters is located near Desoto and the 101 freeway.

How We Celebrate

CorpStrat celebrates its 25^th year in business this year, and what better way to showcase our success than with our logo atop our new headquarters. In January, we moved to Woodland Hills CA, and we officially emblazoned our new offices this past month.

CorpStrat has been named one of the Top Insurance Brokers 2017 by both the San Fernando Valley, and Los Angeles Business Journals. The firm is a member of Anthem’s ACE team, Blue Shields’ President Council, and the firm’s principals maintain Life and Qualifying Member status of The Million Dollar Round Table, an elite group of professionals representing the top 1% of successful insurance and financial service advisors in the USA.

We are proud of our growth, our success and future. Our staff stands ready to help companies and professionals with Employee Benefits, Payroll, HR Technology, HR Compliance, and Business insurance planning.

HR Outsourcing: The Secret Weapon For Today’s Business

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More than ever, today’s businesses are running lean and seeking ways to mitigate their risk while increasing efficiency. In a recent survey conducted by SHRM, they identified the most common reasons why companies choose to outsource their HR:

Save Money – 26%
Focus on Business – 23%
Improve Compliance – 30%
Lack of In-house Expertise – 20%

Human resources is more than hiring and firing. Much more. With new laws being passed more and more often, compliance, concrete HR systems, and training are key components businesses of every size need. Noncompliance and lack of systems cost businesses 10’s of thousands of dollars every day.

Options For Managing HR

Employers often try to manage HR themselves with little to no expertise. This often leads business owners working in their business versus on their business. To minimize the challenges posed by HR management, many businesses are turning to CorpStrat HR.

Benefits our clients love:

Support in navigating complex legal issues.
Cost effective solutions.
Effective management of performance issues.
Reduced pressure on internal HR staff.
Updated practices and policies.
Increased productivity.
Risk Management.

If you haven’t given serious thought to HR outsourcing, the range of support you can have just might surprise you. Contact CorpStrat today to free up your time so you can focus on your business.

Why Paperless Companies Are More Efficient

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The business world is embracing the cloud, and all it has to offer. Cloud technology is becoming more and more intuitive, and users are becoming cloud savvy. Migrating technology to cloud systems has also become much simpler for companies to accomplish! The benefits of cloud-based collaboration tools are considerable, and the cost savings of making this transition are great! 85% of businesses already utilize cloud technology, and as a result, approximately 66% outperform their competitors. Those are compelling statistics.

Paperless companies are more efficient, and have several advantages over companies that operate with a paper system. There are too many reasons to go paperless and digital over paper, but here are a few important reasons to with an online HR Management software system.

When onboarding new employees, documents will never be missed and always filled out, time and attendance issues will be no longer an issue, days off requests will be approved by managers before employee is granted the day off, HR system can talk to payroll easily, etc.

If you can achieve migrating your HR to a paperless system, the advantages will not only lead to a greener business, but will make your company more attractive to customers. The instant accessibility of digital documents offers a huge advantage, when you have the ability to remotely access information anytime, anywhere. This allows more time for business development.

Going digital requires having a document management system in place, that would ultimately manage workflow, receive and secure documentation from any source, and store and retrieve documents. Companies can easily update and exchange information via the cloud, saving a tremendous amount of time, and money. All Information and documentation can be digitally stored—with security and efficiency. It has become very easy for companies to back up critical information. This information can also be protected remotely via the cloud or an off-site hard drive.

We live in a hyper-connected age. Paperless processes help prevent a delay in transaction, which could result in a delay in revenue. Clients will typically reward you with more business when they know they are dealing with an efficient operation. The advantages of having a paperless HR operation cannot be ignored. Simply put, you are enhancing your company’s ability to succeed in both the short and long-term. Don’t risk being left behind!

5 Reasons Spreadsheets Can’t Replace an HCM

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HR Spreadsheet vs HCM software

Many HR admins and managers rely on spreadsheets to help them record key skill and talent-related employee data. It may be sufficient enough when you are managing a small number of employees or want to work with a very specific set of data. However, using spreadsheets once the your organization starts to grow and staff numbers increase isn’t going to work long-term.

The resources associated with tasks such as approving time off, changing demographic information and managing performance evaluation becomes very quickly. Before too long, there comes a point the HR team will need to look at other solutions – such as Human Capital Management software – to help reduce time and resources and process tasks more efficiently.

5 Reasons it’s Time for Your HR to Move Away from the Spreadsheets

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HR Technology – Looking To The Future

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Working with HR technology has never been more exciting. The HR landscape is evolving, as is the technology that supports it. It is empowering to provide businesses with the tools that can help manage the people side of their organization. Technological innovations have created the opportunity for HR departments to generate a far greater impact than ever before. HR technology trends in 2017 are creating unparalleled tools for achieving stronger cohesion and communication. In addition, they will undoubtedly attract millennial workers, while also maintaining familiarity with the older generation.

The advent of computers and the Internet has had a tremendous impact on the world, so it is no surprise that many business owners are embracing HR technology to benefit all facets of their businesses.

HR automation technology eliminates paperwork, manages compliance, onboards new hires, tracks vacation hours, tracks PTO, Applicant tracking, document signing, annual reviews, terminations, benefits communication, documentation management, and list goes on.

Every Company can Benefit from a Solid HR Technology Platform

It’s critical for even the smallest companies to make sense of all their data so they may thrive in a competitive market. Prior to the internet, HR recruiters had to rely on print publications to post jobs and find qualified candidates. Technology has revolutionized and globalized the way in which we find these qualified candidates.

In terms of training, there couldn’t be a more efficient manner to bring staff members up to speed. The ability for large numbers of employees to gain quick access to company information and training programs from remote locations has enormous benefits.

Electronic imaging has made it feasible for companies to retrieve and store files in electronic format. HR technology makes it easy to simply print any necessary forms that an employee may need from a central digital library.

Increased performance management is yet another byproduct of technological improvement. With the use of metrics, companies can ensure that employees are meeting performance standards; based on these metrics, employers can either implement additional training, or transition the employee out of their position.

With all of these developments, business leaders would be wise to understand these technology trends that will shape the year ahead, and far beyond. As a result, companies are vastly improving their strategic recruiting, performance management, employee development, social networking, and internal employee communications – all vital business issues.

This is a very compelling time to be in business, especially with all of the technological options available to business owners – and they will continue to get more and more innovative!