The market for HR software is increasing at a high rate. Now, the HR software isn’t just a tool to process payroll and keep the employee records. It offers a lot more than that. Whether it is performance management, recruitment, fetching reports, expense or asset management, you name the HR function and the software has a provision for that. However, many companies still rely on the traditional and manual modes of managing HR function. If you are also one of such companies that have just automated their payroll function or nothing at all, this blog is for you.
Here we tell how an HR software can help your organisation.
Save space-
Without an HR software, the requirement of space to keep the folder, files that have all the employee database and finance related information arises. However, when you have HRMS you can easily store the information on the software. This doesn’t just save loads of space but also keeps the information safe and accessible.
Better information sharing-
Most of the cloud-based HRMS software have mobile application as well. Because of this, information sharing improves to a great extent. The information is not just accessible anytime, anywhere. The information is just a click away and employee self-service enables the employees, managers and HR to share information with an individual, team or everyone in the organisation.
No geographical barriers-
When you are a global company, your workforce is mobile or hire is working on your payroll at some other company, this is highly useful. The software can be used to track the location of the employees, mark their attendance. Some software have geomarking and geofencing feature as well. Infact, when the employee is travelling for work, say he has a meeting to attend, he can mark the attendance from the location using his mobile.
Improved decision making-
There are a plethora of reports that can be created using the software. YTT report, salary report, absences report, payroll report, leave report, TTH report and many more can be fetched from the software in a matter of few clicks. All of them can help you in making more informed and concrete decisions. Besides, these reports can also warn you before a crisis happens so that you can take the measures to control the same. You can easily determine what you should do to engage employees, increase productivity, and reduce attrition and time to hire.
Proper utilisation of Human capital-
Imagine how much time your HR is wasting by doing the task manually that can be easily automated. Using an HR and payroll software can help you utilise your HR’s potential optimally. They won’t spend their time in sourcing the candidates, they can refer the database or let the software show the relevant candidates for the job position.
The aforementioned points must have given you a fair idea as to why you must get an HR software implemented in your organisation. Now, if you always fall short of time, you can go directly to HROne HRMS to request a demo.
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