Tag: Choosing Relocation Technology

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Relocation Technology

Industry-Leading Relocation Technology: How it Helps Your Company’s Relocation Program

One of the best things you can do for your company’s relocation program is to choose an industry-leading relocation technology. GMS’ award-winning MyRelocation® Technology offers advanced integration, extensive reporting features, and superior performance. These features make your relocation program management easy and seamless. Instead of focusing on figuring out complex problems such as year-end relocation expense reconciliation and reporting for each destination, your company can focus on reaching important corporate initiatives.

Industry-Leading Relocation Technology Provides Solutions

Many companies are unaware just how much the right technology can do for their relocation program. Far beyond the ability to track data, industry-leading relocation technology provides actionable information. As a result, the technology can help companies better manage the entire relocation process, from talent acquisition to global assignment and repatriation.

Top 7 Ways Industry-Leading Relocation Technology Helps Your Company’s Relocation Program

1. Budgeting and cost estimating are fully integrated into the technology. All aspects of the relocation program are identified and accounted for, providing the highest degree of accuracy for budgeting purposes. The technology provides answers and helps you determine the best method to budget for any relocation issue.

2. Planning and program management are easy tasks with a full range of online tools and resources provided by an industry-leading relocation technology. You can easily determine the impact of a new relocation initiation throughout the range of your program.

Advanced Financial Reporting Dashboard

3. An advanced financial reporting dashboard will allow you to create over 200 custom reports on demand. Service and financial reporting are available on demand and are fully customizable to meet your company’s specifications.

4. Online relocation initiation is simple, quick, and easy to perform. It is also customizable to meet company requirements and to reflect all approval processes. Employees will appreciate the ease and the speed of the technology, eliminating the need for paper copies of signed approval forms.

5. Talent acquisition programs benefit from industry-leading relocation technology and its focus on pre-hire and pre-decision A number of useful tools and analytics help talent acquisition managers to find and hire the right employees.

6. Data dashboards are easily customized to display whatever is most important for the specific user. Each department that interacts with the relocation program can view the data they need to see, upfront and at their fingertips.

Performance Measurements

7. A full range of comprehensive performance measurements through MyRelocation® Analytics is a hallmark of industry-leading relocation technology. Critical metrics are easily shown, and service level agreements are easily accessible for quick reference.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients develop their relocation programs and leverage industry-leading relocation technology.  We can help your company determine why you should choose to implement GMS’ MyRelocation® Technology. As a result, your company will gain all of the performance this robust solution provides.

GMS was the first relocation company to register as a “.com.” The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Powered by GMS’ 2020 Mobility Benchmark, the innovative GMS Program/Policy Evaluation (PPE) Tool provides instant relocation policy reviews. It also helps users gain insight into how their company’s relocation program compares to their industry peers.

Contact our experts online to discuss how your company can learn more about industry-leading relocation technology like GMS’ MyRelocation® Technology, or give us a call at 800.617.1904 or 480.922.0700 today.

 

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Our cloud-based MyRelocation® relocation technology is designed to help you streamline your company’s relocation management. Schedule a demo with a Mobility Pro for a no-pressure look at how our technology can help you.

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Relocation Technology

Winning with Relocation Integration

Corporate relocation integration technology

Relocation integration helps Human Resource Departments reduce risk while increasing operational efficiencies. Many HR professionals seek greater productivity from their Human Resource Information System (HRIS) and Payroll software programs. HRIS may encompass a number of basic functionalities to allow for HR management including:

  • Recruitment
  • Talent Acquisition
  • Talent Management
  • Performance
  • Training/Learning
  • Employee Development
  • Reporting

Companies use HRIS programs to gain a number of benefits. These benefits may include detailed record keeping and support for strategic initiatives. Ultimately, a company’s HRIS is usually in place to increase data accuracy and efficiency.

Relocation Integration: a Winning Strategy

Relocation programs often require employee data to effectively facilitate the relocation process. New hires and transferees may need household goods moves, business travel, expense tracking, temporary housing, and home sale/purchase benefits. The path to greatest efficiency between HRIS, Payroll, and relocation programs is through relocation integration.

Addressing Operational Demands of Relocation and Reducing Company and Employee Risk

The demand for operational HRIS and Payroll efficiency is at an all-time high. There are hundreds of blogs, white papers, and other content produced by Relocation Management Companies (RMCs) describing technology innovation and their capabilities. However, only a few RMCs truly have the capability and resources to provide cloud-based relocation integration solutions that effectively and efficiently help HR and Payroll stakeholders.

Road Map to Relocation Integration

A successful cloud-based relocation integration solution starts with a road map or project plan that supports the accurate and timely transmission of data between the RMC’s operating system and the client company’s HRIS and Payroll software programs. The relocation integration road map should be designed to foster collaborative engagement with stakeholders to execute on 5 key steps. These 5 steps cover the implementation of relocation integration solutions designed around the company’s needs and specific system requirements.

5 Steps to Cloud-Based Relocation Integration

  1. Project Planning: Participants collaborate and implement goals, objectives, milestones, and deliverables for the project plan.
  2. Integration Design: Stakeholders establish FTP and/or API integration types, establish data elements for transmission, parameters, and business rules.
  3. Configuration: Programmers begin configuration development for data conversion.
  4. Integration Testing: User training and data transmission testing begins.
  5. Project Completion: Launch with ongoing monitoring and management.

A proven relocation integration process for data transmissions will provide the company’s relocation program with a number of significant benefits:

  • Measurable process efficiencies
  • Reduced human error due to data entry, duplications, typos
  • Data insights and analytics
  • Increased compliance confidence
  • Improved year-end process
  • Accuracy guarantees no need for W-2 C (corrected wage and tax statements)

What Should Employers do?

Employers looking to increase the efficiency of their HRIS and Payroll software programs with a relocation integration should work with an experienced and knowledgeable Relocation Management Company (RMC). RMCs with proven cloud-based technology solutions will help HR and Payroll stakeholders achieve greater effectiveness and significant efficiencies.

Conclusion

GMS’ team of corporate relocation experts has helped many of our clients determine how to achieve greater program efficiencies and productivity with relocation integration. Our team can help your company understand how to follow the 5 steps to cloud-based relocation integration following a collaborative approach with all stakeholders.

GMS was the first relocation company to register as a “.com.” The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to learn more about how your company can achieve operational efficiencies and productivity through relocation integration, or give us a call at 800.617.1904 or 480.922.0700 today.

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Corporate Relocation Corporate relocation tips Relocation Best Practices Relocation Technology

What is Blockchain Technology and What Does it Mean for Relocation?

Blockchain technology in its simplest form is a form of record-keeping. The digital world records information. Then, recipients store this information in a database. Specifically, the components of blockchain technology include:

  • Block: digital information
  • Chain: public database

What is a Block?

Blocks include three specific pieces of information:

  1. Transactional data such as date, time, dollar amounts
  2. Identity of transaction participants, using unique digital signatures (not actual names)
  3. Hash: a unique identification code stored in a block to distinguish it from other blocks

What is a Chain?

Chains are public databases:

  1. Transactions are publicly recorded
  2. Public network is based on user trust through a Peer-to-Peer (P2P) network
  3. Digital information is distributed but it is not duplicated
  4. Consensus process ensures adoption of longest chain available (discouraging multiple chains)

How Does Blockchain Technology Work?

Basically, blockchain technology lets multiple users add to recorded information. The process is governed by agreed-upon principles. The information is shared over a decentralized network. There are specific requirements for this technology to work as designed:

  1. Private key cryptography provides authentication for users; possession of the key is ownership
  2. A distributed P2P network oversees the authorization for block activity

Blockchain technology means the basis for transactions no longer relies on trust. Instead of trust, the decentralized network confirms the identity of participants and their ability to perform the transaction.

Real World Examples Using Blockchain Technology

Because blockchain technology is a form of record-keeping, various industries use it in many different ways. For example, an airline can use it to help prevent scheduling conflicts. Transportation companies can use this innovative record-keeping system to manage cargo shipments. Retail companies can use it to track products from source to most recent warehouse or store location.

For industries that rely on information verification, blockchain technology can offer several advantages throughout entire processes:

  1. Data storage that does not require dependence on other organizations
  2. Improvements in programs that reward loyalty by recording activities to a specific chain
  3. Lower costs to develop and maintain trusted relationships in sales
  4. Smart computer programs that can execute contracts without assistance or interference
  5. Speed of transactions can increase dramatically with no need for transaction confirmation by a middleman (banks, credit card companies)

What Does Blockchain Technology Mean for Relocation?

There are several relocation processes where blockchain technology might have an immediate and positive impact if participants adopt it as an acceptable practice. Processes that impact multiple parties and that rely on documentation, information, and verification are ideal blockchain technology candidates, including:

  1. Home Purchase and Sale (recording deeds, executing contracts, verification of identification, authorization for transaction)
  2. Household Goods Moves (initiation of relocation, contracts, authorizations required to proceed, process tracking, delivery confirmation)
  3. Expense Tracking and Reimbursement (initiation of service, documentation of expenses, authorization to approve reimbursement, verification of accounts, deposits of funds)

Ultimately, the entire relocation process from start to finish could be managed within blockchain technology. The more that P2P networks replace disparate systems, the greater reduction there is in expensive verification systems that revolve around trust. Innovation in data and record-keeping in relocation will allow for greater speed of transactions. As a result, processes will become easier for participants who can leverage this data for information and verification.

What Should Employers do About Blockchain Technology?

Employers should stay informed about the use of blockchain technology as it relates to processes in their relocation program. As new opportunities arise to leverage this innovative solution across various relocation processes, employers may be able to gain many benefits including speed and ease of transactions throughout the transferee or new hire’s relocation.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients understand how to leverage new technology for their relocation programs. As a result, our team can help your company learn how blockchain technology can improve the speed and ease of your relocation program’s processes.

GMS was the first relocation company to register as a .com, created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to learn more about blockchain technology and relocation, or give us a call at 800.617.1904 or 480.922.0700 today.

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Choosing a Relocation Company Relocation Technology

What Should a Company Consider When Choosing Relocation Technology?

finance dashboard with financial charts and data graphs, business intelligence concept on screen of laptop computer

Choosing relocation technology requires careful consideration. The solution to making the right choice is to know what questions to ask. Companies should ask their Relocation Management Company (RMC) a number of questions to ensure they receive an industry-leading technology.

What are the 5 Major Questions Companies Should Ask?

When it comes to choosing relocation technology companies should ask five major questions. While all of the questions are important, perhaps first and foremost is:

Question #1: Is the relocation technology secure, safe, and fully compliant?

RMCs should have systems that are compliant, as well as operable even during periods of disruption. Consider performing a security assessment of the RMC. Ask for the RMC’s business continuity plan. Answers that should be forthcoming would assure companies that:

  1. Relocating employee’s personal information is fully secure and protected
  2. Privacy setup is compliant with all regulatory requirements
  3. Necessary organization service controls are in place

Question #2: How will choosing relocation technology like this solution help our relocating employees?

Since employees will interact with the technology, it should be seen as helpful. A robust technology solution will provide employees with a positive experience. Answers to look for would include:

  1. The technology is fully accessible across any type of devices, including tablets and smartphones
  2. It can be used by relocating employees as well as candidates for positions
  3. All aspects of relocation should be covered including:
    • Expense submission and tracking—real-time and online
    • Travel arrangements
    • Tools to help transferees learn new languages and cultures
    • Access to details of all relocation benefits
    • Easy to use calculators to create buy versus rent comparisons
    • Alerts that can be sent by text or email
    • Virtual destination information and guides

Question #3: How will choosing relocation technology help our company’s relocation program?

Answers should provide assurance of a robust single-platform technology solution. The relocation technology should provide all departments that have an interest in relocation with helpful tools to understand, administer, and report on the program. Human resources, talent acquisition, accounting, and other administrative stakeholders should be able to increase their efficiency with:

  1. Online tools and resources such as reports for planning and management
  2. Analytics and tools for pre-hire and decision processes
  3. Easy to customize dashboards for data displays
  4. Budgeting and cost estimating capabilities
  5. Comprehensive performance analytics including metrics and service level agreements
  6. Easy to customize online relocation initiation and approval processes
  7. Service and financial reporting suites on demand and fully customizable

Question #4: When choosing relocation technology like this, do we know if it is customizable and scalable?

Answers should confirm that you can customize the technology to meet your company’s needs. Views should be easy to change to provide a viewer with the information they need, when they need it. Reports should be easy to create and easy to change so that any user’s needs can be fully met. The technology should be able to accommodate any number of relocating employees, from 10 to 500 or more, as your company grows in size and global footprint.

Question #5: How will this relocation technology integrate with other corporate systems?

Answers should confirm that the technology will integrate with your existing payroll, human resource administration, and other critical operating systems. This will ensure the technology will provide an enhancement to your company’s workflows and processes.

What Should Companies do when Choosing Relocation Technology?

Companies should work with a qualified Relocation Management Company (RMC) that can provide access to a robust relocation technology. MyRelocation™ from Global Mobility Solutions is a single-platform, online relocation management suite that provides our clients and their transferees an array of decision-making, tracking, and expense management tools.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how they can gain the benefits of using a leading relocation technology for managing relocation processes. Our team can help your company learn how to choose relocation technology that is safe, secure, and compliant. This will ensure privacy and protection of employee information. We can also demonstrate our easy to use tools that provide quick and simple solutions for information and expense tracking and reporting.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s needs for choosing relocation technology, or give us a call at 800.617.1904 or 480.922.0700 today.

Request a relocation technology demo

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About

Contact Us

About Us

GMS Client Login

Privacy Policy

Other Services

Our Technology

Global Relocation

Group Moves

U.S. & Canadian Relocation

Address

Global Mobility Solutions
15333 N. Pima Road
Scottsdale AZ, 85260

1.800.617.1904
Available 24/7/365

About

Contact Us

About Us

GMS Client Login

Privacy Policy

Address

Global Mobility Solutions
15333 N. Pima Road
Scottsdale AZ, 85260

1.800.617.1904
Available 24/7/365

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