HR management software helps improve business efficiency by automating workforce, recruitment, payroll and compliance management processes, to name a few. It combines all these elements in a central location, making all employee information accessible to all relevant personnel.
Storing information electronically can improve efficiency in recording and finding information. This can be a substantial benefit for companies in which information is routinely lost or misplaced, or where large filing cabinets are needed to contain the information of a large workforce. In addition to being able to store the information using less space and find needed data in seconds, electronic data can also be analyzed for strategic purposes and better secured against breaches.
HRM systems can provide functionality for scheduling shifts and attendance to ensure compliance with staffing needs. These HR software solutions can schedule employees across departments, locations and projects. Furthermore, many HRM platforms alert employees when schedules change or staffing levels are inadequate. Electronic timesheets make time tracking smooth. Time off management features handle paid time off accrual and use, disability leave, maternity/paternity leave, and other absences.
Managing the payment of a workforce is one of the most integral duties of a human resource department. Through the use of an HRM system, your business can streamline this essential HR functionality and ensure all employees are properly compensated. Base salary administration, bonus programs, commissions, and stock and long-term incentive management are included in various modules. Some HRM solutions provide compensation management to simplify your company’s financial planning.
Human resource management software with robust talent management HR features continues to evaluate employees well beyond the interview process. Once hired, performance assessments provide information on employee productivity, customer satisfaction, etc. These programs can offer automated feedback, or HR departments can base their own reviews on the analysis provided by the software. Depending on the system, employee performance feedback may be visible to the workforce via a dashboard or some other kind of interface.
resource management software with robust talent management HR features continues to evaluate employees well beyond the interview process. Once hired, performance assessments provide information on employee productivity, customer satisfaction, etc. These programs can offer automated feedback, or HR departments can base their own reviews on the analysis provided by the software. Depending on the system, employee performance feedback may be visible to the workforce via a dashboard or some other kind of interface. This eliminates the need to notify employees of any evaluations via email or engage in time-consuming performance review meetings.
A comprehensive HRM software will assist with all human resource responsibilities throughout the employee lifecycle, beginning, of course, with recruitment and hiring. Human resource management software can completely streamline the hiring process for HR departments with automated HR system features. Businesses can post a job opening to multiple websites and social media channels with ease, and even use HRIS software to craft a job description. As the applications start pouring in, an Applicant Tracking System (ATS) can automatically accept (and reject) candidates based on predetermined criteria.
Training and learning courses are vital to keeping your workforce up-to-date. A learning management system (LMS) included in a human resources management platform may be pre-loaded with educational resources and/or give users the option to upload their own customized materials to the software. Some HRM solutions can also tie into external systems to help provide course content to your employees. Keeping track of what certifications your employees hold minimizes staffing and planning issues.
In addition to functionality requirements, it is equally important to evaluate the technical features of HRIS software your business will need in an HRM system. This may include standard technology-related aspects like deployment options and mobile functionality, or continued management options such as security, governance and user support. It is essential to consider the existing technical know-how and infrastructure of your business when evaluating this category of features.