HUMAN RESOURCE(HR) MANAGEMENT
Human resources management system (HRMS) or human resources information system (HRIS) or human capital management (HCM) is a form of human resources (HR) software that combines a number of systems and processes to ensure the easy management of human resources, business processes and data.
IMPROVE THE EFFICIENCY OF YOUR HR TEAM
One of the most immediate benefits of using specialist HR software – once you’ve completed the implementation and launch phase – is an improvement in the efficiency of your HR team. Repetitive, admin-intensive tasks such as chasing managers to complete probation or annual reviews can be automated, and others – such as approving holiday or certifying absence – can be delegated to managers and employees through self-service functionality.
IMPROVE YOUR EMPLOYEE EXPERIENCE
Rapid advancements in consumer technology mean workers expect even more from the digital devices and services their employers provide. If you’re used to using your mobile for everything from booking an Uber to order a new outfit, you’d expect to be able to do the same for booking a holiday or viewing your benefits – and certainly not have to send a form to HR.
SAVE YOUR MONEY
Enable you to redeploy staff on other projects Implementing HR software will of course involve one-off setup fees and, if using a cloud-based system, annual subscription costs. But, in the medium and long-term, your organization should find that the efficiencies the software brings and time it saves will either allow you to reduce staffing costs or allow you to redeploy your HR team on more strategic projects. Better data accuracy should mean you experience fewer costly errors, too.
HELPS YOU MAKE BETTER DECISIONS
One of the most common frustrations associated with keeping people data in disparate sources, or in unsophisticated HR systems, is an inability to frequently, automatically, and accurately report on key people management metrics.Good HR software should make it easy for you to find, analyze and report on the people data that matters most to each function in your organization – enabling you, managers, and senior stakeholders to make smarter, more timely decisions. Being able to provide evidence quickly and easy for your ideas and initiatives will also help to cement the credibility of HR with the wider organization.
IMPROVE YOUR REGULARITY COMPLIANCE
Because you’ll store all your people’s data and related information in one place and be able to send automated reminders when action needs to be taken, your compliance with regulatory requirements will be much improved. Specific compliance areas where HR solutions can play a significant role include GDPR compliance (especially around data security and data-retention periods), right-to-work checks, and health and safety training compliance. You’ll also find that HR software will help you report on gender pay gaps, too.