Planning to invest in an HRMS Software Here is the quick guide
  • By: SHRMpro Bureau
  • /
  • 0 Comments
March 20, 2022

Human resource management software (HRMS) is a powerful system that helps businesses grow by attracting potential candidates and maintaining and retaining current employees. The system backed with intelligence has the capability to complete tasks without any human intervention, freeing up HRs for more productive tasks. With just minimal effort, you can automate with HR software:

 

  • Payroll: Track each employee’s payment, calculate taxes and withholdings, maintain records, and securely manage direct deposit information. SHRMpro even allows employees to access their paystubs digitally.

 

  • Benefits: Be it insurance, vacation time, 401(k)s, or FMLA, HR systems automatically track and update employee benefits.

 

  • Timekeeping: Track employees’ attendance by monitoring hours and overtime, maintaining time clocks, and making timesheets.

 

What HR Software is Best?

 

Investing in the right HR system can be very crucial for your business as it could either 7make or wreck up the entire employee management methodology. SHRMpro HRMS is a SaaS model designed specifically for businesses like you. Acting as a support system for your HR department, the cloud-based HRMS has the potential to seamlessly manage a wide gamut of staff management processes. It has beguiling features of any ideal HRMS, ensuring seamless recruitment management, employee self-service (ESS), training management, onboarding, asset management, geolocation attendance, resume parsing, and many more.

 

What is the Use of HRM Software?

 

  • Enhanced Data Management: HRMS effortlessly and flawlessly manage all employee data like enrolment, status changes, and information on benefits.

 

  • Employee Self-service: HRMS offers flexibility to not only employers but employees as well by enabling employees to update personal data without having to involve HR for simple tasks. This frees up the time of HR professionals for more strategic functions.

 

  • Central Storage: The cloud-based system stores data in one place, making reporting easier, convenient, and efficient. It gives HR easy access to compliance records, employee handbooks, safety guidelines, and procedures.

 

  • All-in-one System: Add convenience and scalability by integrating all the complex processes or systems like payroll, company financial software, ERP systems, company intranets, accounting systems, and other online programs into one streamlined system with HRMS.

 

  • Employee Development: HRMS solves the issue of performance management and employee development especially amidst this pandemic by tracking employee development programs.

 

  • On-demand Reporting: On-the-go custom executive and management reports are real now with SHRMpro HRMS. The system gives real-time access to managers to study employee development, wage detail, and performance improvement.

 

How do HRMS Work?

 

How do HRMS Work

 

 

HRMS is simple and designed to make work-life simpler. It is predominantly aimed at managing employees within the company while focusing on systems and policies. It includes:

 

  • Human resource planning to estimate the requirement of resource in either short term/immediate or long term.
  • Hiring employees with the right skill set and experience at the right time.
  • On boarding new joiners.
  • Managing crucial employee information and details.
  • Formulating and managing leave policy and transaction management.
  • Tracking time and attendance.
  • Flawless maintenance of payroll processing and salary disbursement.
  • Conducting an easy and hassle-free offboarding/separation process.
  • Ensuring company’s policies comply with all the relevant laws of the state/country.

 

The SaaS-based cloud software improves overall efficiency in aligning with the company’s strategic objectives. Today, almost every company has its own HRMS, especially after the high-demanding remote working module due to pandemics. Many have already made HR software their integral asset and rest are planning to do so. Now is your time to kick-off your employee and employer branding with human resource management software.