Title: Top Benifits of HRMS Software in india
1Top Benefits of HRMS Software
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2Top Benefits of HRMS Software
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Reduced Cost
Risk Mitigation
Access to Information
CONTENT
Improving HR Productivity
Improved Communication
Efficiency of Administration
Security and Disaster Recovery
Data Analysis and Quick Decisions
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Reduced Cost
Aside from the less tangible costs such as
efficiency or productivity, a good HR system will
save you real money. A standard benchmark for the
number of full-time HR working for a company is
one HR professional per 100 employees. Since less
paper is used, more time is saved HR system will
save your money automatically.
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Risk Mitigation
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Risk Mitigation
In the event of a legal dispute, how can you
prove that an employee was made aware of a
particular policy or trained on how to use a
particular piece of equipment? Email
communication is fine but it is not unheard of
someone denying seeing an email. Many of todays
HRMS software offer a read and accept facility
that provides a paper trail not only showing that
an employee was sent a particular message but
that they also have accepted the contents of the
communication.
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803
Access to Information
While using an online system, for multiple users,
the security is an important aspect one must keep
in mind. If the processes are done offline, the
security cannot be managed apparently. However,
HRMS takes care of it automatically. Employees
can see their own information only. Only an
accountant can access accounting information and
likewise.
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Improving HR Productivity
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Improving HR Productivity
Using an online system, the amount of paperwork
need to do by the HR people is reduced. The time
needed to create, edit and find documents are
decreased which directly benefits them in
increasing the productivity.
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Improved Communication
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Improved Communication
HR systems will include an employee directory.
Using HRMS makes the internal communication
possible without being dependent on any other
tool. Also as an Admin, one can send messages to
the bulk of people using HRMS.
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Efficiency of Administration
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Efficiency of Administration
If the company is using a paper-based system, it
will be very difficult to keep track of the
employees information for the Admin. For
example, How many leaves did an employee take?,
How many projects/tasks one is working on?. Using
HRMS, this becomes easier for the Admin, as they
can use simple search and filters to find
relevant details.
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Security and Disaster Recovery
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Security and Disaster Recovery
HRMS serves the security of the data. As the
backup of all the data is taken in a timely
manner and the same is stored in the cloud
server. In the case of some natural disaster or
man-made disaster, we can recover the same data
from the cloud.
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Data Analysis and Quick Decisions
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Data Analysis and Quick Decisions
Since most, if the data managed in HRMS are
up-to-date and robust, HR manager can make
decisions faster. For example, how many people
would need training? Who will be available as an
Event Manager etc? Also using the reports
generated by the HRMS software can easily do the
analysis of these data.
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19Top Benefits of HRMS Software
Attendance Management
Biometrics or card swipes are the most common
forms of recording attendance in an organization.
Managing them on paper is a labor intensive task.
Paying salaries, maintaining salary structure,
payment of annual bonuses, giving full and final
settlements, payment of gratuity forms a few of
the essential financial transactions for a
company.
Grievance and training
It is not mandatory that every employee will be
satisfied with the work they deliver.
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Phone No.
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Address
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Email
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CONTACT
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