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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

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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Relocation Best Practices Relocation Management Relocation Policy Review Relocation Programs Relocation Technology

Centralization Advantages: What You Should Know

Companies benchmarking their relocation policies often learn about many centralization advantages that can be obtained by moving away from a decentralized business model for their relocation program. Often a company’s decentralized relocation program develops over time through business mergers and acquisitions. Challenges come to light when a transferee from one location moves to a new location that has different relocation policies.

What are the Challenges of Decentralization?

There are many challenges for companies that follow a decentralized business model for their relocation program. Reporting systems are often inconsistent. Therefore, it is difficult to obtain accurate information on the full scope of the relocation program. Costs are often excessive due to a high number of policy exceptions, use of multiple vendors for the same processes, and in-house costs related to maintaining multiple relocation programs. Since business units, HR teams, and other departments operate independently, lack of ownership hampers progress.

Impact on Employees

These challenges impact the satisfaction of new hires and transferees who are subject to decentralized relocation programs. There may be confusion for employees with currencies, visas and documentation, and reporting requirements. Ultimately, these challenges may reflect back on the company’s reputation among job seekers and other employees approached for relocation opportunities.

What are the Centralization Advantages for Relocation Programs?

Companies that develop a centralized business model for their relocation program gain in many ways. These centralization advantages cover all aspects of relocation, and include:

  • Consistency in operating platforms with robust integration options
  • Cost containment to reduce variation and increase forecasting and predictability
  • Customized billing processes that meet the company’s needs
  • Defined ownership across local, regional, and global entities
  • Global access to courtesy mobility consulting 24/7/365
  • Greater discounts across a streamlined network of vendors along with dual bid savings
  • Reporting capabilities across multiple platforms, anytime, anywhere

What Should Companies do to Obtain Centralization Advantages?

Companies should work with a qualified Relocation Management Company (RMC) that has extensive experience in helping companies obtain centralization advantages for relocation programs. GMS has published a Case Study on Decentralization that describes how a client was able to obtain centralization advantages that led to significant cost savings and greater employee satisfaction.

Companies should ask their RMC a wide range of critical questions to address all of their main concerns. The RMC will help them understand how to obtain centralization advantages for their relocation program. Also, the RMC will help them design their relocation program. As a result, this will help gain the most benefits for the company, new hires, and transferees.

Industry Benchmarking Studies Highlight Centralization Advantages

GMS has also recently published several Industry Benchmarking Studies that will help companies learn whether their relocation program is designed following industry-specific best practices. There are many benefits to a corporate relocation policy benchmarking. For example, employers can learn how they can ensure their competitiveness in their industry to attract and retain talent with the highest level of skills and experience.

Industry best practice is to schedule a relocation program and policy review every 12 to 18 months to ensure your company maintains its competitive position. This review will also help your company learn about how the relocation industry is evolving to meet increased employee demands.

Conclusion

Global Mobility Solutions’ team of corporate relocation experts has helped thousands of our clients benchmark their relocation program and obtain significant savings and process improvements through centralization advantages. Our team can help your company understand how to obtain centralization advantages for its relocation program. As a result, your company will be positioned to make a number of improvements to its relocation program as it works to obtain centralization advantages.

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.

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 more about the centralization advantages your company can obtain for its relocation program. Contact our experts online or give us a call at 800.617.1904 or 480.922.0700 today.

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Relocation Technology

Relocation Technology Features: What You Should Expect

Companies should expect a number of relocation technology features when they consider working with a Relocation Management Company (RMC). Some of the most useful features may seem similar among such programs, but their execution in the various technologies may vary widely. Companies should request a full demonstration to ensure the technology will provide transferees as well as the organization the best possible experience.

Review of Relocation Technology Features

The preference for specific relocation technology features will depend on the user’s role in the organization. Transferees have different needs than Human Resource Department employees or Accounting Department team members. Robust technology solutions should be easy to use and designed to process each function’s tasks quickly and seamlessly.

Relocation Technology Features for Transferees

  1. Access Relocation Benefit Details
  2. Access Relocation Calculators and Tools
  3. Connect with Relocation Coach
  4. Download Helpful Relocation Guides
  5. Easy to Access Training Videos
  6. Expense Submission and Reimbursement
  7. Interactive Map
  8. Intuitive User Interface (important for all relocation technology features)
  9. Seamless Relocation Experience
  10. Simple to Navigate Menus
  11. Track Payment History
  12. Universal Access on Any Device, Any Time, Anywhere
  13. View and Track Initiated Services
  14. View Initiated Service Progress

DETAIL on #4: “Download Helpful Relocation Guides”

Some RMCs provide a limited amount of information about a specific destination, often published by a local organization. This type of information may not include some of the most helpful resources, such as the cost of living, schools in the local area, or exciting places to visit in the area.

Global Mobility Solutions (GMS) creates detailed Destination Spotlight documents for both Domestic and Global locations that employers can share with transferees. These documents include information about the city or town, cultural highlights, shopping venues, and local restaurants. GMS can also produce these Spotlights in video format. Video Destination Spotlights are professionally created. As a result, they help transferees and their family members visualize what it will be like to live in their new location.

Relocation Technology Features for Organizational Team Members

  1. Cloud-Based Proprietary Technology
  2. Flexible and Customizable Reporting Options
  3. Helpful Resources
  4. Relocation APIs
  5. Secure and Continually Updated Technology Platform
  6. Streamlined Relocation Program Management
  7. Universal Access on Any Device, Any Time, Anywhere

DETAIL on #4: “Relocation APIs”

Some RMCs may provide solutions to share data between their relocation technology features and the client’s data systems. Often these solutions may require transferring files on a regular basis, using FTP, or File Transfer Protocol. FTP is a way to share files from one user who uploads them to a server, so that another user can download these files to their own server. FTP is simple, and works reasonably well provided all aspects of the software and process are correctly initiated, each and every time.

GMS’ team of developers has extensive experience building Application Programming Interfaces (APIs). An API provides a framework for different computer systems to communicate and share information. It lists operations that software developers can use as they design data systems. Also, an API includes descriptions for what they actually do.

A relocation API is specifically designed to facilitate the communication of information that an RMC uses for initiations and other relocation-related functions. Clients can save time and increase the accuracy of transferee initiations in their relocation program by using a relocation API.

What Should Companies do when Comparing Relocation Technology Features?

Companies should work with a qualified Relocation Management Company (RMC) that can provide access to a robust relocation technology. This will help ensure they have access to relocation technology features that support successful transferee relocations, and that help the company effectively manage their relocation program. MyRelocation™ from Global Mobility Solutions is a single-platform, online relocation management suite that provides clients and their transferees an array of decision-making, tracking, and expense management tools.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients understand how to identify the relocation technology features most helpful for their transferees and organization. Our team can help your company design a relocation policy that uses industry-leading relocation technology solutions to provide the best experience for transferees and employees.

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.

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 discuss how your company can learn more about relocation technology features and industry-leading solutions, or give us a call at 800.617.1904 or 480.922.0700 today.

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