HR software is one of the most popular and important kinds of systems that are adopted by modern technology and business. The Majority of the companies have a complete solution in place, but it is an extremely common endeavor for the individuals or the organization to update their old tools. We have compiled this important HR system requirement checklist if your business is among this group so that you will better know what or which HRMS software features are best for your business to consider.
When you are searching HR platform for your business, below some are the most necessary features and keys that must be kept in mind:
1. Time and Attendance Management
Our HRMS software provide functionality for Scheduling Shifts & Attendance that are very helpful to you and also ensures compliance with staffing needs. These HR software schedule employees across departments, projects, and locations. Moreover, when the schedule runs randomly or the staffing level is inadequate, HRMS software alerts the employee about their staff reports. The electronic timesheets make time tracking, management, and payroll smooth.
- Clock In/Out Paid Time off (PTO)
- Time Reporting
- Time Tracking
- Project Billing
- Absence Management
- Overtime Tracking Project Billing
- Workforce Scheduling
- Holidays Calendar Biometrics
2. Recruitment and Hiring
Throughout the life cycle of an employee starting from the course and end with Recruitment and Hiring, a comprehensive HRMS software will help with all of the human resource responsibilities. HRMS software can completely streamline the hiring process for HR departments with automated HR system features. The majority of Companies use Our HMRS software to craft a job description opening to multiple websites and social media channels with ease and comfort.
- Job Requisitions
- Job Descriptions
- Social Recruiting
- Job Board Posting
- Applicant Evaluation
- Candidate Pre-Screening
- Applicant Tracking System (ATS)
- Job Offer Extension
- Background Check
HRMs software is a complete solution that should include directory employee profiles that are important for the business or company. The directory employee profiles include job and salary previous records, banking and tax details, disciplinary history, some custom fields, performance feedback, insurance planning, time off requests, etc. This is for ease of tracking and reporting which keeps all your employee’s information linked to the main record.
- Employee Records and Database
- Employee Self-Service Portal
- Job History
- Salary History
- Disciplinary History
- Insurance Plans
- Banking and Tax Details
- Time off Used and Accrued
4. Talent Management
HRMS software with Talent Management HR features continues to enhance employees far away from the interview process. Performance assessments offer information on customer satisfaction, employee productivity, and much more. HR software also offers automated reviews and feedback. This performance may be visible to the workforce via a dashboard or some different type of interface these all depend on the system.
- Employee Performance
- Competency Tests
- Behavioral Tests
- Key Performance Indicators (KPI)
5. Financial Management
One of the important features of the HR department is Financial Management. Managing the payment of a workforce is an integral factor of the HR department. Our HRMS software provide numerous modules which include base salary administration, commission, stock, bonus program, long term incentive managements. Through the HR system, your company can realize the important HR functionality and ensure all the employees are compensated. Our HRMS Software also provide you compensation management to identify your business financial planning and programming.
- Payroll Salary Administration Rewards
- Employee Recognition