07-May-2021
What
is HRIS? Why should you go for HRIS solutions?
HRIS
is an abbreviation for Human Resource Information System. HRIS solutions are
intended to ease out HR activities of an organisation. HRIS helps in data
management, managing HR activities, handling payroll and recruitment. In simple
words, HRIS is an all-in-one HR management tool through which an organisation
can handle the entire gamut of HR operations flawlessly.
HRIS
solutions are mostly hosted on the organisation's servers. However, they can
also be hosted in the cloud or a third-party vendor. In common parlance, HRIS
is also called HRMS (Human Resource Management System), simply because these
software solutions help in managing the entire HR function.
Today,
most HRIS solutions offer customized systems based on the unique needs of an
organization. We shall try to find the reasons why you should go for an HRIS
solution for your organisation.
1.
Database management
An
HRIS solution makes database management a breeze. The HR team can easily enter
all HR data into the system. The types of data stored in the system range from
salary information, designation, date of joining, emergency contact details,
education history, training records and performance evaluation scores. The
database forms the centre of all HR functionality and can prove to be an effective
online tool for a paperless office.
2.
Time management
The
HRIS can manage daily attendance, half-day leaves and leaves very effectively
without any manual intervention. Most HRIS solutions support an online login
facility, which is very useful for Work From Home scenarios or offsite staff
who work from their home locations. This functionality keeps seamless date and
time records that are used for calculating monthly salaries.
3.
Payroll function
Salary
is one of the most important functions of human resources. An effective HRIS
solution will help the organisation to do error-free calculations, incorporate
all statutory deductions and compute income tax provisions correctly. This
leads to disbursing salaries at a pre-defined timetable a very easy-looking
job.
4.
Employee interface
A
new-age company gives freedom to its employees to update personal information,
check and download salary slips, change retirement benefit programs, update
direct deposit information, add or edit persons from the medical insurance
scheme, make changes in the Flexi-pay component among other options. All this
is possible through the employee interface of the HRIS solution.
5.
Acquisition and retention of human resources
Acquiring
and retaining the right people is the way organisations want to grow. No
wonder, recruitment and retention is the most revered feature of an HRIS
solution. Recruiting the right people is just the first step towards a talent
puzzle. Employees also need to be provided with appropriate training, career
paths and compensation plans to enable growth, motivation and a work-life
balance. HRIS tools handle employee lifecycle effectively and efficiently.
Conclusion
Choosing
an HRIS solution can help your business run smoothly as it fully automates the
most critical function of your company - HR. Not only this makes life easier
for the HR guys, but it positively impacts every manpower through its
user-friendly functionalities. A forward-looking company in today's age just
cannot imagine thriving without an HRIS solution. Weavings is offering one of
the best HRIS solutions in India at competent prices.
You
will be happy that you decided to get in touch with us!