Saturday 25 February 2017
IMPORTANCE TOOL FOR HR PROFESSIONALS & MANAGEMENT STUDENTS: HRM SOFTWARE
The HRMS Software market is ever evolving and
growing fast. To put up with the varying needs of the businesses, HRMS software
are now available both customized as well as company designed helping
businesses, especially; SMEs in India.
Most small business owners or startup founders
can check on employees by looking across at them from their desks or walking
down one short hallway a small office space to pass their desks. But no. of
employees & office space also grow as organizational grows. Than the simple
task of keeping a check on employees become complicated.
That's where human resources (HR) software and
management systems come in to picture. These HRM software help HR executives,
HR information systems (HRIS) departments, and company owners track employee,
where they're based, what they're doing, and & there performance.
What is HR Management Software?
HR software solutions are all about
Recruitment management, Employee management, Shift management, Attendance
management, leave management & payroll management.
As a Postgraduate in Management studies I have
seen that 90% of Institutions do not provide any practice exposure of the
related technology of the domains (like training for Various ERP software which
are an integrated part of the respective domain). These software is not just
about leaning course related things but if a student have working knowledge of
these software it will directly helps them to get a Job (because you have a
edge our the competition ).
There are many vendors who provide free trial
version of software which an HR professionals or student can download to get
practicle exposure of this HRMS software. Eg. BambooHR ,Zenefits Z2,SAP
SuccessFactors, Perform and Reward, Namely, APS Online, OnDemand ,Deputy.
These software helps in :
Applicant Tracking
This category is about making sure company
don't let their best candidates slip through their fingers because of
mismanaged on boarding. The best AT tools let you follow your candidates from
the first interaction until the day they leave your company.
Performance Management
Performance management is the one feature that
is most associated with HR management systems. But, because there are several
popular methodologies for measuring employee performance, software makers have
devoted entire packages specific to this process.
Eg. SAP Success Factors Perform and Reward
HRMS Systems
Beyond all these different disciplines, HR
software vendors add their own product mix Different module by different vendor
offers modules for posting job openings and tracking applicants, running
payroll, managing time-off requests, scheduling shifts, administering benefits,
and setting performance goals and reviews.
As per as SMEs is concern
this software covers all the major aspects of HRM software’s like
• Employee
Management
• Asset
Management
• Performance
Analysis
• Employee
FnF Records
• Leave
Adjustments
• Salary
Calculator
• Salary
Breakup and Slip Generation
• Appraisal
Implementation
• Taxation
Management
• Employee
Arrear Management
• Employee Appraisal & Promotion
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It's really a big help for me and to others as well who is looking for this services. Nice blog style too.
ReplyDeleteI find your article very helpful and relevant. you have provided for someone wanting to Resource allocation tools