ADP announced new features for its analytics platform ADP DataCloud to improve its user experience and leverage machine learning to make better use of the workforce data the company compiles from some 30 million employees.
Jack Berkowitz, ADP’s senior vice president of product development, said the enhancements are an attempt to make data more accessible and understandable for employers. Many companies, he said, find it difficult to access the workforce information they need and don’t quite trust it if they can. “This is a major pain point we often hear because it serves as a barrier for organizations to get the intelligence necessary from their data to design a more effective workplace,” he said..@ADP DataCloud now offers an improved UX and leverages machine learning to take advantage of workforce data from some 30 million employees. #HR #HRTech Click To Tweet
Among DataCloud’s new features are tool to help hiring managers across 27 industries identify and onboard better-matching candidates. The solution allows managers and HR departments to uncover necessary skill sets for job postings from previous hires in ADP’s data set.
Other features include:
- Storyboard Experience takes a new approach to presenting workforce analytics experience by providing a focused narrative about HR challenges such as the aging workforce or high-performer retention.
- Data Mashup imports business data such as operational budgets or sales results into DataCloud, then overlays that data onto existing metrics. As a result, the system can create hybrid metric calculations and data visualizations. Data Mashup can also export metrics to multiple business intelligence systems to facilitate additional downstream analyses and dashboards.
- Model-Based Benchmarks extends the use of ADP’s existing benchmarks to offer compensation data for up to 150 million workers. The feature uses deep learning models to extract patterns from millions of payroll records and job profiles to provide information that reflects “the reality of the position being shown.”
- Embedded Insights Detection helps managers detect new patterns of behavior that can identify tardy or absentee employees. The analytics are built into the ADP workforce management platform.
ADP said it takes advantage of its own data—gathered from those 30 million employees—to design and develop products that make data more useful to business leaders. Previous enhancements have helped customers measure and apply workforce data to identify issues such as unnecessary overtime costs and productivity gaps.
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