We are living in an era where technology plays
a key role in all business functions. HR is no different. In fact, since
companies are increasingly accepting the fact that their employees are the
biggest assets, they are using technology in a bigger way than ever. A survey
conducted by PwC in 2020 reveals that more than 74% companies have definitive
plans to invest in HR technologies to better manage their human resource
capital. And HRIS is one of the major software that the companies happily
invest in because of a plethora of its distinct advantages.
If you were searching for a comprehensive post
looking for the advantages & of HRIS, you are in the right
But before we talk about the advantages of HRIS,
it is pertinent to know more about the same.
stands for Human Resource Information System, which is a software system used
for various tasks in the personnel department. The CRM (Customer Relationship
Management) system collects data about customers, so the HRIS system aims to
process candidate and employee data. Here are some of the typical tasks that
can be done using an HRIS:
- Employee on boarding
- Attendance Management
- Salary processing
- Employee assessments
- Asset Management
- Performance Management
- Reimbursement Management
- Employee Exit Management
Most HRIS software can be customized to the
specific needs of the organization. So, they become even more powerful tools
for the organizations.
Advantages of HRIS
Now that you know what HRIS software is, it?s
time to talk about the advantages of an HRIS .
First of all, hiring managers don't have to
fill out dozens of different physical forms every day. They can store digital
resumes, applications and other documents in the software. Same with the
ongoing employee assessments, where they need not fill lengthy forms. Ditto for
attendance, leave management and time management. Less paperwork means a
smaller number of people required and higher efficiencies.
Predictive Wage Management
Timely payment of salaries keeps the employee
motivation high. It is essential that salaries are calculated accurately and
swiftly so that they can be disbursed on the pre-defined day like a clock-work.
HRIS systems helps the business to automate this critical function, thus
reducing the dependence on the finance.
Many a time business fails to contact the right
candidates simply because the CVs get buried in the physical files. With HRIS
solutions in place, the hiring managers can shortlist candidates for future
openings, interview them when the job opening arises and complete the
onboarding process seamlessly. Also, since all the managers have their comments
recorded in the system, there is a high degree of transparency, leading to
Since you have employee information in one
place, you need to make sure it's really safe. Therefore, choose only best HRIS
solutions by trusted providers. In the COVID-19 era, it is especially important
for people to work from home and access their work system from their home
computer. In absence of vigilance, data security could play a big challenge.
HRIS services India
As it is clearly evident that HRIS helps
an organization automate HR function, leading to higher efficiency and
increased productivity. If you have been looking for the best HRIS solutions
for your company, Weavings has the best solution for you.
Get in touch with us right away, our specialists
will be happy to understand your needs in detail and offer the most suitable HRIS solution for your organization.