Human Capital is the scarcest resource every business needs to manage. Unfortunately, many business houses pay little or no attention to the effective management of the same. Many companies who do pay attention to the Human Resource Management use manual processes which involves huge costs and prone to errors.
Have you ever wondered how a software would help run an organization smoothly and efficiently? An HRM software is very important to any organization because it helps to manage the Human Capital. It is possible only through quality software solutions that are developed with standards and industry accepted best practices.
Human Resource Management System or Human Resource Information System is an inevitable part of any business. Organizations operating in multiple locations and setups would prefer to have an HR Management system at the core. A good human resource management software would be a relief to HR team as it helps them organize HR activities with ease.
HR software is a centralized repository of employee information of an organization. It provides all required information about employees quickly and accurately. A quality Human Resource Information System(HRIS) helps HR manager to manage the complete lifecycle of employee management starting from Employee mobilization to end of service. It will align employee work culture with organizational objectives.
Primary functionalities of HR Management Software:
- Process and manage employee information
- Applicant tracking
- Employee on-boarding
- Attendance management
- Appraisals processing
- Employee Self Services
- Payroll management
- Onsite and offsite employee movement and management.
- Employee Document management with expiry alerts.
- End of service
For example, HR Power software from Mindsoft Technologies is an HR management software widely used in Dubai, India and other Middle East countries which helps human resource department to reduce working time on clerical jobs and ensures the accuracy of employee data. It also enables employees to view and update their information with the human resource department through Employee Self Service portal.
HR software is a centralized storage place for employee information. It completely removes the use of updating and arranging paper files. Apart from keeping updated employee data, HR software also generates various reports for the use of management and HR department.
Security of employee data is another highlight of HR software. Data is protected and chances are less than any information gets leaked or misplaced. In a large organization, where a huge number of employees are working in multiple locations, HR software plays a key role in segregating information safely and accurately.
HR software also allows managing the following tasks to list a few:
- Master data management
- Managing organizational structure
- Management and employee self service
- Leave management
- Benefits administration
- Performance appraisals
- Compensation management
- Employee training management
- Human capital management
There are plenty of human resource management software solutions available in the market. Choosing the right one depends on your need and tasks to perform. There are HR software solutions that are customizable according to your needs, HR Power from Mindsoft is one of the best among them. Mindsoft HR Power is a time tested and widely accepted HRMS system in UAE, India and other Gulf countries.