Top Features of HRM Software for Business

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Does your Human Resource Management Software (HRMS) have the above features which can increase the efficiency of your organization?

No, then you need to focus on the features of the hrm software listed below as they can be very helpful in increasing the efficiency of your organization.These beneficial features of a human resource management system – features of the hrm software are used in many software’s but they are less chosen because many HR departments believe that implementing these features will not make any difference and also avoiding them reduces the software cost.

Top Features of HRM software for business

Project Management Project Management provides a “roadmap” that is easily followed and leads to project completion. Once you know where to avoid the bumps and potholes, you’re going to be working smarter and not harder and longer. Only 8% of HRMS or payroll software have this feature as researched by software suggest research team. Human Resource Management System – HRMS which provides this feature are HRMantra, Minerva, Greytip.

Best HRMS for India

Benefits of project management in Human Resource Management System -HRMS are:

  • Better Efficiency in Delivering Services
  • Improved / Increased Customer Satisfaction
  • Increase in Quality
  • Better Flexibility
  • Increase in Quantity

Exit Management Exit Management services cover aspects that impact both your organization’s ability to settle/re-claim employee & organization’s liabilities/assets effectively & efficiently and employee perception of your organization’s work culture, environment, and other hygiene issues that impact employee Lifecycle. This feature is provided by 34% of human resource management software as per SoftwareSuggest research team. HRIS software which provides this feature is  HR-One, BeeHive.

Benefits of Exit Management are:

  • Increase efficiency in employee exit management
  • Accurate settlement processing
  • Increases HR team bandwidth to focus on strategic & business HR areas.

Training Management: The purpose of training management is to produce change. It is upgrading person’s skill or the addition of new skill, which in turn brings the desired change which organization is looking for and which also impacts on the performance of an employee. According to SoftwareSuggest research team, 60% of HRMS provide this feature. HRMS which provide this feature is EbizFrame, WebPay, EmployWise.

Benefits of Training Management are:

  • Improving an employee’s performance
  • Increasing overall efficiency
  • Giving employees the needed skills and knowledge to complete given task
  • Increasing overall efficiency

Induction Management: Many HR departments see induction as a waste of valuable time but this is a critical process when you take on a new employee. Induction gives your new employee an objective view of your company, organizational culture, and work ethic which will allow the employee to better integrate into the workplace. This feature is useful to increase the performance of an employee but still only 10% of HRMS come with this feature. Human Resource Management System which provides this feature is Manpower recruitment Software, HRMantra.

Benefits of Induction Management are:

  • Reduces the time taken for a new employee to become effective
  • Encourage two-way communication and teamwork.
  • Provides a greater understanding of the job.
  • Demonstrates that we are an employer that values its people.

Employee Self Service Management: ESS provides a central location for company personnel to view and update important personal data and company information. This enables employees and managers to self-serve for routine tasks or inquiries such as time-off requests, review of current benefits, updating dependents, review record of attendance and more. Only 54% of Human Resource Management System provides this feature which is good but not sufficient. HRMS which provide this feature is SENSYS, Prime Technologies, Payroll on-demand.

Benefits of ESS:

  • Elimination of duplicate data entry and better accuracy
  • Reduced transaction cost
  • Improved Focus

Here is a comprehensive list of the full-fledged human resource software in India, you can also find an Infographic for the process of selecting right HR software in this article.

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abhishek@softwaresuggest.com'

Abhishek Dorik

Abhishek Dorik, a Digital Marketing Executive at SoftwareSuggest, shares a keen interest in exploring literally anything that catches his attention. The best part of his job according to him "I get to Interview the CEOs/Founders & Leaders of the SaaS Industry and reach out to elite business personalities, which excites me to learn more, Every Day!"