Financial accounting is not a human resource function and does not benefit from HR technology solutions, which are meant for HR tasks such as payroll, employee training, and recruitment.
The human resource function that would NOT benefit from a technology-based solution offered by HR Solutions, Inc. is c) Financial accounting. Financial accounting is primarily concerned with the collection, analysis, and reporting of financial information and transactions of a company, which is typically outside the core functions of human resources. Human resources technology solutions are designed to efficiently manage HR-related tasks such as payroll processing, employee training and development, and recruitment and applicant tracking, all of which are essential for the effective administration of HR functions.
Professionalism in HR can lead to a reduction in hiring bias, as evidenced by research showing discrimination against Asian-sounding names in Canada. With a focus on the retention of employees and hiring practices, HR technology also facilitates the selection of candidates not just based on their skills, which can be taught, but also on their personalities, which better align with the organization's culture.
Overall, while human resource technology solutions can streamline many HR tasks, they are not intended to manage financial accounting, which is a separate aspect of business operations, typically managed by finance departments or specialized accounting software.