From hiring the best talent pool for the organization to timely and accurate payroll processing – the role of HR has broadened to incorporate employee development, performance management, strategic resource management, career growth, employee retention, culture, policy formulation, etc. An intuitive human resource management system software like PeopleCentral can add value to businesses of all types by managing day-to-day tasks and reducing overall HR management costs.
Know the major benefits of using comprehensive HR software for your business.
Table of Contents
1. Employee Self-Service and Onboarding
Onboarding new hires is an integral HR function, the effectiveness of which depends on employee satisfaction and retention. However, the recruitment process is time-consuming. PeopleCentral is an intuitive HR system that makes onboarding & workforce planning a seamless experience for both the HR team and the recruits.
The HRMS further aids in self-service where an employee can add/edit work details from a client’s location or home; check their holiday calendar and leaves; manage reimbursement details; track claim applications; update employee database; view payslips; optimise employee performance reviews and much more. This can help relieve the HR team from a range of non-core activities and allow them to focus on overall organizational growth.
2. Payroll Management
Perhaps, effective payroll management is the primary reason why businesses invest in HR software. PeopleCentral’s payroll software is a fully automated payroll administration system that incorporates payroll taxes, electronic submissions, MOM and IRAS regulations, itemized pay slips, bank integration, and many more employee benefits. Automated calculations and a wide range of functions in an all-inclusive payroll accounting system make it a simple yet powerful payroll management platform. Overall, achieving the major goal: have leveraged employee experience & employee engagement.
3. Streamline Processes, Eliminate Errors, and Save Time
With a cloud-based system, businesses can set up clearly defined user permissions and roles, and a hierarchy that helps streamline internal processes with redefined employee enagaement. By eliminating paperwork and automating workflows, it benefits administration and standardizes processes – saving time by collecting and storing all employee-related information in one place. Most HR functions can be accessed and managed via a single platform, which helps reduce time and costs.
Highly scalable and intuitive HR software like PeopleCentral helps automate the entire human resource management system functions with just a few clicks. Stay connected anytime and from anywhere, and offer an improved employee experience.
4. Compliance Risk Management
Today’s business environment is constantly evolving, with new laws and regulations being put in place all the time. As a result, compliance risk management has become a top priority for organizations across all industries. Cloud HR software can be an invaluable tool with key benefits in helping organisations to have all compliance features & stay compliant with local, state, and federal laws.
5. Data Security
Data security is one of the most important benefits that a human resources management system can offer your business. Keeping sensitive employee data safe and secure is a top priority for all businesses, and HR software can provide the necessary tools to ensure its safety. With an HR software system in place, you can be sure that any confidential employee information will be kept secure from potential hackers and other malicious actors.
6. Time Tracking & Scheduling Automation
When it comes to running a successful business, time is money. Tracking employee hours and managing payroll effectively can be a huge drain on resources if administrative tasks are done manually, but with the right cloud-based HR software, businesses can streamline their real time tracking processes.
7. Workforce Applicant Tracking
Applicant tracking systems are one of the most important benefits of Human Resource Management Software for businesses or business owners. These systems enable organizations to streamline and automate the repetitive tasks of human capital management in the hiring process, save valuable time and resources, and ensure compliance with applicable employment laws.
8. Human Resources Information System
A Human Resources Information System (HRIS) is a software solution that automates and streamlines many of the functions associated with Workforce management. HRIS software provides efficient, organized access to employee data and reporting on actionable insights to make informed decisions related to employee lifecycle and on talent management.
9. Employee Training & Development
Employee training is a key component of any successful business, and HR software can provide numerous benefits for businesses that seek to ensure their employees are properly trained. HR software allows companies to keep track of employee training progress in an efficient and organized manner, as well as provide automated reminders to keep employees on track with their learning.
Highly scalable and intuitive HR software like PeopleCentral helps automate the entire HR functions with just a few clicks. Stay connected anytime and from anywhere, and offer an improved employee experience.