• By: SHRMpro Bureau
  • /
  • 0 Comments
November 23, 2020

In an OfficeMax survey, it was revealed that more than two-fifths of small-budget enterprises view admin as the biggest drain on their time and resources. Therefore, companies are widely opting for the integration of HRM systems into their concrete HR models to reap lucrative benefits, essentially automation.

Robust human resource management system (HRMS) streamlines the mundane and repeated human resource functions or tasks of any sized company to ensure overall operations run more easily and efficiently.

Many people think that HRMS is only affordable by the larger companies however whatever the size of your company is, every business faces same bottlenecks as any to embark upon; recruitment, time and attendance, performance management, and so on. In fact, there are multiple features that make an HRMS particularly advantageous for the medium or smaller-sized enterprise. Here are some of those reasons why your small business must opt for HRMS:

Better Information Management: Be it small, medium or large companies, all HR managers are requisite to maintain employee data. To secure the humongous amount of data is the responsibility of human resource department. The cloud-based HR system has eliminated the need for tedious and time-consuming paperwork and spreadsheets y by making the process robust, agile, speedy, and flexible. What’s more, an automated HR solution allows access to data anytime and from anywhere while providing your employees with similar ease of access to their own data.

A Paperless Office: It is certainly tedious, time-consuming, and error-prone to maintain cabinets or folders full of hard copies. A personalized automated HR system offers you a way out. Perhaps, you won’t be 100% or completely paperless, but you will surely enjoy a big slack of HR documents and employee personal data files.

Better Management of your Workforce: Human resource management system transforms the entire existing HR model by adding lucrative features like attendance management, employee training, leave management, automated recruitment, and payroll.

Readymade Systems and Procedures: Small enterprises have similar requirements as big-budget companies i.e. to manage its workforce effectively within fewer resources and time. A robust and tailored HRMS includes ‘plug-and-play’ processes, together with performance management to be willingly adopted by HR managers. The system helps in making necessary decisions or actions at the most right time.

Self-Service: Automated human resource management system provides a diversity of self-service features for employees and as well as for managers. From basically updating employee personal data to automating mundane tasks, such as requesting time off, self-service features have made HR-related tasks simpler and faster.

Improved Communications: Small-budget companies are defined by their workforce and therefore it becomes very crucial for HR managers to add coordination and synchronization among employees. Doing so take a lot of effort and peace of mind thus HR managers turn to cloud-based HR systems to add collaboration and transparency across different departments.

Legislative Compliance: In order to stay clean and maintain both federal and state labour laws, companies need to undertake recordkeeping responsibilities on multiple issues like healthcare, tax codes, and many more. The laws and regulations have dynamic behaviour and sometimes bore frequent changes. Without a dedicated HR team, it can lead to severe damages to the business. A cloud-based HR system decreases errors and keeps you up to date with the surging compliance.