Why HR Teams Need FASTdocs

Human resource departments at financial institutions face considerable pressure when it comes to information management. Applicant resumes, employee benefit election forms, and tax withholding certificates are just a few of the many documents managed by HR teams. Over time, HR repositories grow into massive digital archives that become difficult to manage, confusing for staff, and prone to compliance risks.

FASTdocs simplifies information management across the entire organization. Let’s explore why HR teams need FASTdocs. 

4 Reasons Why HR Teams Need FASTdocs

Modernizing your HR department’s information management with FASTdocs can enable multiple benefits for the institution. Examples include:

1. Secure, intuitive storage of HR information: FASTdocs uses a logical, folder-based hierarchy to organize different types of information. Assigning user groups—cohorts of people with similar information needs—to departmental folders balances the need for accessibility and control. Creating a dedicated human resources folder is a quick, easy way to ensure data privacy while empowering staff within the HR user group. Built-in retention capabilities in FASTdocs make it easier to purge information in accordance with the institution’s requirements.

2. Convenient information sharing with employees: It’s still common for HR teams to pass along holiday calendars, benefit forms, and company policies as email attachments. Although familiar, email attachments open the door to stale information and, in some cases, data leaks. A better approach involves adding information to a FASTdocs folder with a security group that’s open to all employees. As a result, HR teams can point to a dedicated source of truth (instead of circulating attachments).

3. Process standardization and automation: HR documentation is closely intertwined with a variety of processes, such as employee hiring, onboarding, training, open enrollment, and offboarding. Workflows in FASTdocs can be deployed to streamline HR document routing, review, and approval. Resume management, for example, can go from a paper-based bottleneck to a highly efficient capability with FASTdocs. Download our free eBook to explore the FASTdocs Workflow Library.

4. HR system integration: Connecting FASTdocs to your human resource systems could unlock additional efficiencies. The FASTdocs API helps banks and credit unions extend their information management strategies. Contact us to explore integration opportunities for your existing tech stack.

Request a Demo of FASTdocs

Interested in learning about FASTdocs for human resources? Let’s connect to schedule a personalized demo of FASTdocs. We look forward to discussing your HR information strategy.

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