An HRMS software automates and simplifies a wide range of human resource activities. It reduces cost, saves time and maximises productivity. Find out the top 10 features of an HRMS software.
- Recruitment
Recruiting the best talents is one of the key factors in driving business growth. Finding, onboarding and managing people is a daunting task. Best HRMS software with excellent features can streamline the process for the HR team.
For example, the Application Tracking System feature can help in setting criteria to automatically accept or reject candidates in the initial stages of the hiring process. In addition, HRMS can save a lot of time by posting job openings on different websites and platforms.
- Employee Management
After the hiring process, efficient employee management till retiring or leaving is necessary. Automation plus management features in recruitment HRMS gives the HR team remarkable control over the entire employee lifecycle. Real-time visibility into employee functions is made possible. In addition, the HRMS software also allows access to employee databases from anywhere.
- Leave Management
The HRMS is a highly-valuable tool in the hands of human resource management. It makes leave management quite easy by managing the activities listed below.
- Leave Eligibility
- Leave Encashment
- Leaves Taken
- Leaves Balance
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Absenteeism
Absenteeism is one of the criteria to gauge job satisfaction and is thus important for HR professionals. Additionally, holiday lists for the year and different leave types can be created and shared with employees using HRMS software.
- Performance
Careful, considerate and effective performance evaluation of employees is essential for employee retention and company success. HRMS software simplifies the process by providing transparent data such as productivity, attendance, and punctuality. The HR team can assess the Key Performance Indicators (KPIs) and Key Responsibility Areas (KRA) based on the data.
- Employee Engagement
Employee engagement, especially since the pandemic, has become an integral part of HR programs at companies worldwide. Best HRMS systems enable good communication, effective feedback mechanisms and boosts employee well-being. It directly impacts productivity positively and increases job satisfaction. Some of the features that can be used include Anonymous Surveys and Polls and Feedback and Complaint Forms.
- Payroll
Payroll management is one of the most tedious tasks performed by HR management. It takes a lot of effort and time to get the payroll process done without errors. Payroll HRMS software can streamline and simplify processes by automating them. Some features that will help the HR team are listed below.
- Income Tax
- Benefits Plan
- Final Settlement Calculation
- Comprehensive Reports
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Payments
- Training and Development
Regular training and development of employees contribute to the company’s growth. HRMS integrated with a learning management system can deliver training material to employees easily. Organisations can keep track of employee training programs as well.
- Benefits Administration
Companies usually need to engage in a lot of paperwork related to employees’ salary, insurance, retirement plans and other benefits. These manual tasks are often prone to error. The right HRMS software makes benefits administration easy.
- Help Desk
The help desk with HRMS software allows employees to get quick answers from the HR team. It is important for employee satisfaction and workplace productivity. Feedback, reminders, reports, and the raising and escalation of tickets are prominent features that can help the HR team.
- Transfer, Travel and Expense Management
Large corporations with head offices at multiple locations will engage in employee transfer. HRMS features can keep a record of employee transfer from one division to another and documents related to it.
Employees often travel within the country and outside, and organisations pay for their expenses. HRMS features allow travel request, advance payment, and travel details form to make the process transparent and seamless.
In addition to the 10 features, HRMS provides valuable analytical data to develop employee retention strategies for the organisation. Tracking employee behaviour and forecasting future resignations are possible with hiring software. AI-powered systems suggest possible solutions to employee retention problems too.
HTIC Global is one of the leading companies offering advanced and tech-enabled HR services to countless customers worldwide at affordable pricing. For more details about our comprehensive services, contact us at any time.
