CIOs are no stranger to digital transformation. Most already lead strategies to boost cybersecurity and their workforce’s tech use. But according to Deloitte, 70% of digital-transformation strategies fail.
Today’s organizations aren’t just trying to “catch up” with digital transformation. Now, we’ve entered the digital reality. Even otherwise helpful software falls short if it doesn’t prioritize data protection and encryption.
That may explain why over half (57%) of C-suite and HR professionals told Pollfish in a survey commissioned by Paycom that they would pay more for HR and payroll tech they know is more secure than other options. Unfortunately, even more respondents (77%) don’t have a contingency plan if their HR and payroll data security were compromised.
Greater influence in the C-suite gives CIOs more room to innovate and lead. At the same time, they’re now the guardians of employee data privacy and corporate security.
What are the top responsibilities of a CIO?
More responsibility means more daily concerns, too. CIOs need to consider:
- their business’s infrastructure
- new laws and regulations
- cybersecurity threats
- HR tech outages
- and more
On top of all this is the constant need to protect employee and company data. After all, it’s employees who suffer when IT security fails. This is especially true for payroll. A survey from The Harris Poll on behalf of Paycom revealed more than half (51%) of employees would look for a new job if they experienced any payroll errors.
What should CIOs look for in HR tech?
Finding the right HR and payroll software depends on a workforce’s needs. Granted, every employee benefits from greater data security. And businesses enjoy peace of mind with a transparent, compliant and certified HR tech provider.
CIOs should look for an easy-to-use, single software that:
- scales with a business
- provides dedicated support
- automates routine processes
- stops needless, manual data reentry
- eliminates multiple, disjointed HR systems