ARE YOU READY
complete control over your HR department?
A Human Resources Management System is basically a digital personal assistant used to do tedious work for HR professionals. It can help manage employee functions like calculating and communicating time-off, onboarding paperwork and managing employee performance – which lets HR focus on more important, strategic work.
Some of the most important components of a HRMS include:
- Application management – a holistic employee onboarding module used to track and monitor applicants across job boards, recruitment portals and websites through all phases of the hiring process.
- Employee management – store and retrieve all up-to-date employee related information (basic profile, employment history, performance, role, etc.) all on a centralized easy to navigate database.
- Organizational management – accurately build an organizational structure including pre-defined industry relevant templates, business processes, related reports and compliance obligations to support global workforce management tasks (when needed).
- Benefits management – include multiple plans and assorted options to auto-define, manage and tailor a full spectrum of employee-specific benefits in a single interface.
- Payroll management – tone down the complexities in payroll processing with a complete array of payroll services by including an inbuilt accounting module, automated tax computations, frequent audit/reporting tool, tabular data storage and configurable rule-based engine.
- Workplace management – optimize daily headcount using trends forecast and pre-defined templates for planning and managing workforce properly between processes like recruitment, employee onboarding, learning/development, etc.
- Compensation management – design and manage comprehensive employee compensation plans across multiple teams, departments and geographies uniformly. Link compensation with performance and organizational objectives, aggregate compensation data to view/edit anytime.
- Performance management – set individual goals, assign weightage, collaborate, create a development plan and align it with organizational values to evaluate each employee in a business with comprehensive performance reviews.
- Timesheet management – automate timesheet approval process of employees to analyze the performance, estimate costs incurred across the organization under sever parameters (employee, department, client, role, project or activity) and integrate seamlessly with payroll and other modules.
Some of the benefits of using a HRMS include:
- Alleviate process bottlenecks
- Minimize manual paperwork
- Decrease employee stress
- Reduce time lag in tasks
- Lower operational costs
- Easily implement process/policy change
- Remove spreadsheet dependency
- Improve internal communications