HRMS: The Definite Guide

Are You Confused About The Pros And Cons Of Setting Up HRMS System???

HRMS: The Definite Guide

When you are selecting HRMS software there are a few things that you need to keep in mind...

HRMS is the one of the most versatile platforms through which an organization can manage its resource system as well as improve operations. HRMS (Human Resource Management System) is a combination of systems and processes that connect human resource management and information technology through HR software. HRMS provides you with a powerful and cost-effective HR platform to ensure you get the best from your employees and managers. HRMS is a timely solution to upgrade and modernize your HR team to make it more efficient and consolidate your employee information into one intuitive HR system. HRMS may help to revolutionize workplace.The automation of repetitive and time consuming tasks associated with human resources management frees up some of the companies most valuable employees and allows the focus to shift to culture, retention, and other highly impactful areas.When you are selecting HRMS software,You need  to choose it from Best HR Management Software Providers In India.

Functions of HRMS Systems

The function of the HRMS involves tracking employee histories, skills, abilities, salaries etc.HRMS systems can distribute information management responsibilities so that the bulk of information gathering is not delegated strictly to HR. By allowing employees to update personal information and perform other tasks, information is kept more accurate and HR professionals are not bogged down. To reduce the manual workload of these administrative activities, organizations began to electronically automate many of these processes by introducing specialized human resource management systems. 

Human Resource Management Systems tend to encompass:

• Managing payroll.
• Recruitment and on-boarding.
• Gathering, storing, and accessing employee information.
• Keeping attendance records and tracking absenteeism.
• Performance evaluation.
• Benefits administration.
• Learning management.
• Employee self-service.
• HR Planning

Core HR

Core HR is the basic function of an HR department.It is typically used to refer to the basic function of HR department.Data management is going to be one of the major functions to run an organization with a degree of efficiency.It helps expose the variability in your organization and operations so that you get the best possible results.An HRMS software,stores all your employee information and efficiently uses the same so that your HR department may be benefited by the same. These HRMS systems contain all the information that needs to be contained about an employee.Core HR system is a highly scalable one and this is why it adds value to any and every organization that it is a part of.

Main Functions Of Core HR

• Recruiting the Right People for the Right Job.
• Maintaining a Safe Environment.
• Employer-Employee Relations
• Compensation and Benefits.
• Labor Law Compliance.
• Training and Development.

Employee Engagement

Employee engagement is an intrinsic attitude that denotes an employee's enthusiasm for his or her job.It can be defined as the goals of the employees are aligned with that of the organization.It has been seen that companies that engage their employees through various strategic media see an increase in the productivity of the employees. It is rather the number of hours where the employee has put in work. If you engage your employees they would always want to work harder and these are the ones that are always the more productive.Most of the HRMS (Human Resource Management System)  has a self-service portal that empowers employees to a significant extent.Engaged employees look at the whole of the company and understand their purpose, where, and how they fit in. This leads to better decision-making. Organizations with an engaged workforce outperform their competition.

Employee Benefits

One of the main functions played by Human Resource team is improving the productivity of employees. HRMS Software (Human Resource Management System)empowers employees and encourages them to be engaged at all times through the employee self-service portal.Employee self-service portal enables the employees to apply for payslips ,leave applications etc through online from just about any device that enjoys web connectivity.When the applications are made, they sent to people who handle these matters. The work, in this case, progresses as per a workflow that is already spelled out. On the portal employees can check the following with ease:

• leave applications
• time in and time out records
• approvals
• payslips
• payroll details

Talent Acquisition

Talent acquisition is the process of finding and acquiring skilled human labor for organizational needs and to meet any labor requirement.It is a  process of looking for the most suitable candidates for various job profiles. You need people with the right kind of skills to fulfill the requirements of an organization. Our talent acquisition program can help you categorize the right pool of talent.

Talent Acquisition process can be broadly sub-categorized into 4 groups.

• Planning Job Openings
• Forecasting Job Openings
• Broadcasting Job Openings
• Tactics adopted for sourcing and recruiting employees

Payroll Management

Payroll Management is the administration of the financial record of employees' salaries, wages, bonuses, net pay, and deductions.Payroll module helps to do various complicated process in a simple way.This includes maintaining of an employee's payroll and calculating the taxes to be paid by the employees.It helps you transform your business operations in the truest sense.

Main Functions Of A Payroll Module

• Ability to define unlimited pay grades
• Closely integrated with Time & Attendance module to process payroll based on attendance records
• Ability to set and define pay components such as additions, deductions and tax tables

Talent management

Talent management is one where you hire the right talent for a particular position and retain her or him while making sure that you are improving the skills of the individual.This process  includes Workforce Analysis,Workforce Planning,Strategic Recruiting and Hiring. 

The whole process of talent management in an organization can be divided into 3 broad steps

• Identifying skill deficits in the present and plan the future of organization
• Hiring employees with the right skill sets to be considered as valuable additions to your present workforce
• Growth Component

Integration

Human Resource Management System is a platform that is capable of storing all the data related to the employees.HRMS can be integrated with other systems in your organization.HRMS consist of data-sharing functionality that will make you more productive and avoid chances of errors and double entries.When business systems are integrated through HRMS it provides maximum visibility on various data and can view all the data at a single location and this will help to make decisions and can generate valuable reports.

HRMS integrated System

• Integration with ERP (Enterprise Resource Planning) systems
• Integration with accounting and financial systems
• Integration with attendance machines

Chat Box

Chat bots are becoming an important part of many business processes. Chat bot possess the ability to make the role of HR more strategic.Chat bots for HR can be used for more than just answering questions but also the opportunity to use these bots to gather employee data to make informed decisions.Used to create more efficient processes.