If asked generally, HR software is a tool that helps HR of today reduce their workload by using automation. Now, the ROI would depend on how good the HR software is. When you use top HR software, they always have something more to offer than the rest. These are the features and add-ons that change the whole of the game for them in the HR market.
In other words, the HR world is getting so competitive unlike the earlier conventional one that there are some or the other now problems springing at the workplace for the HR to solve. In such scenarios, some HR software assists the HR so well that they have now become the undisputed players.
Anyway, here are the four major features of an HRMS- Administration, payroll, attendance, benefits. Talent management, recruitment, development, retention and learning management system are the secondary functions expected from an HR software.
So, whether you are an HRMS vendor or a company looking for a top HR software, you can read this blog to know what some HR software vendors are doing differently than the rest. Let us begin.
Overseeing your employees
After the employees have been hired, it becomes tough to manage and more importantly keep them happy. Top HR software help you in doing the same. It helps you with the training process, performance measurement, appraisals, queries, grievances and much more. All of this boosts employee morale. In turn, this increases the retention, satisfaction rate reduces the attrition rate as well
Monitoring leaves and absences
The software has an employee database, and a tool to manage leaves and absences. The software keeps a record of all the leaves, total work hours, present days, absences. It also takes into account the earned leaves used and casual and sick leaves used. Moreover, it also transfers the data to the payroll module so that the salary calculation can be done accordingly.
Viewing data at a glance
The data can be viewed at a glance in the top HR software. It consolidates the data and shows you in the form of bar graphs or beautiful charts. For instance, the earned leaves and casual & sick are shown in bar graph form so that it is easy to understand.
For HR, they can fetch various reports like YTD, retention, attrition, etc. All this helps the HR and the employee to a great extent.
Keeps the data secure
The data is secure and safe with these top HR software as there is an assurance of the security on data on the cloud. No unauthorized person can get to see the information. There are different login and usage rights given to people according to their position.
Besides, it also helps the HR in saving time and improving productivity. Administrative tasks that are redundant in nature, require no brain but still take a lot of time are automated using the software. This turns out to be a real time saver. It also ends up increasing productivity as the time saved is then utilized in planning new ways to increase employee engagement etc.
