Compliance intelligence is increasing in HR technology and services because of the increasing stakes associated with HR decisions due to AI technologies. This company allows HR technology and services providers to incorporate their compliance intelligence into their solutions. Customers can get the required information through their existing products or services. According to Brightmine, almost 90% of companies use either HRIS or payroll providers to follow the changes in employment law and implement them in HR.
Only 9% of HR specialists trust the free services. Thus, there are increasing risks and opportunities for HR technology providers.
“AI can make compliance information appear effortless, but plausibility is not the same as assurance. When employment decisions carry significant organizational consequences, HR teams need intelligence they can trust, delivered at the point where decisions are made,” said Emily Mackenzie, AVP Market Planning & Product at Brightmine.
“HR teams increasingly expect compliance guidance to be available in the systems they use every day. But access alone isn’t enough – they need confidence that the information is accurate, current and accountable. That is the gap Brightmine helps close by bringing trusted compliance intelligence into the flow of work.”
The HR department now expects compliance intelligence in its day-to-day operations system. But availability is not enough to ensure peace of mind. What it needs is up-to-date, accurate, and accountable information. Brightmine takes care of this requirement by incorporating compliance intelligence into the current process flow. Enhancement of HR technology and customer value
Organizations today employ increasingly complex mixes of HR technologies and services. But compliance intelligence usually comes from various sources. Embedded guidance based on expert advice could prove helpful for customers in reducing disruptions and consolidating information.
Brightmine intelligence can be obtained through the following means:
- Licensed Content
- Embedded AI Guidance
- Regulatory Data
Moreover, partners can strengthen their customer offerings through these capabilities. They can also respond faster to compliance needs without building specialist operations. For more than two decades now, Brightmine, formerly known as XpertHR, has assisted HR professionals. They assist them in managing issues related to employment law, compliance, and rewards.
The Brightmine specialist team tracks regulatory developments and identifies key issues. It then makes them useful intelligence for HR professionals. Being part of LexisNexis and RELX, Brightmine ensures both expertise and quality control. Its specialists track regulations in federal, state, local, and international jurisdictions. This is done by over 45 in-house specialists and over 100 outside experts. Their coverage involves more than 40 countries and territories.
This means that employers save time in research and use fewer sources. They are also able to make decisions using up-to-date and reviewed intelligence.
“The opportunity is not simply to add more content or another AI feature. It is to give customers authoritative compliance intelligence inside the products and services they already use,” said Mackenzie. “Brightmine provides an established, expert-maintained foundation that can help partners deepen customer value, move faster and keep pace as compliance becomes part of the platform or service experience.”
Brightmine offers a proven platform to partners. Hence, the organization seeks to assist providers in adding value to customers and being more agile.
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News Source: Businesswire
