A reporting suite refers to the reporting tool offered by the HR and payroll software. Each organization requires different records and reports to be generated from their payroll and general employee management.

A reporting suite can create tailored reports on, for example, monthly wages, annual income, performance across a fortnight, or employee lateness. Reporting suites are generally an integrated feature of all reliable HR and payroll software.

The reporting suite helps to analyse and compare various data points, which include part versus full - time employees, workforce gender ratios, open vacancies and how much time it takes to hire new people. 

Why is it important to have a reporting suite?

A reporting suite is important specifically for the HR department, it helps the organization to use data to improve their workforce and business. Below are the benefits of a reporting suite:

• Accountability: With the Human Resources department being the main department, the reporting suite will help in giving correct figures in regards to costs and any additional expenses.
• Data transparency: The reporting suite helps team members to have access and view data about the organization; this will make employees feel connected within the organization which is important for inclusivity and building engagement.
• Strategy development: Organizations need to  build new projections and strategies, therefore accessing their reporting suite will help with the planning process

With that being said it is important that organizations make good use of this tool in order to make positive progress.