Human Resources Management Soft

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HUMAN RESOURCES MANAGEMENT SOFTWARE:

HUMAN RESOURCES MANAGEMENT SOFTWARE Modern approach to HRMS

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INTRODUCTION Human Resource Management System (HRMS) refers to an array of software including Human Capital Management (HCM) and  Human R esource Information system(HRIS)that help HR staff take care of an organization’s most valuable assets, people. HR tasks are too complex and time-consuming when performed manually. Leveraging the help of a technological solution like an HRMS can help you save time, cut costs, and manage your staff better

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Components of HRMS Application Management  Employee Management Organizational Management Benefits Management Payroll Management Workplace Management Compensation Management Performance Management Timesheet Management

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Application Management A holistic module to track and monitor applicants across job boards, recruitment portals, and websites throughout all phases (find, shortlist, interview and hire) seamlessly in a single interface to collaborate with recruiters and streamline the hiring process. Employee Management Store and retrieve all up-to-date, employee-related information (basic profile, employment history, performance, role, etc.) on a centralized database that can be accessed anywhere, anytime to take workforce or organization-related decisions.

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Organizational Management Accurately build an organizational structure with pre-defined industry-relevant templates, business processes, related reports, and compliance obligations to support global employee relocation and all other global workforce management tasks in a flexible way. Benefits Management Include multiple plans and assorted options to auto-define, manage, and tailor a full spectrum of employee-specific benefits in a single interface to easily govern the eligibility/costs associated with it .

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Payroll Management Workplace Management Tone down the complexities in payroll processing with a complete array of payroll services by offering inbuilt accounting module, automated tax computations, frequent audit & reporting tool, tabular data storage, and configurable rule-based engine. Optimize daily headcount using trends forecast and pre-defined templates for planning and managing workforce properly between processes like recruitment,  employee onboarding, learning & development, etc.

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Compensation Management Performance Management Design and manage comprehensive employee compensation plans across multiple teams, departments, and geographies uniformly. Link compensation with performance and organizational objectives, aggregate compensation data to view/edit it anytime. Set individual goals, assign weightage, collaborate, create a development plan, and align it with organizational values to evaluate the performance of each employee in an organization with comprehensive reviews (quarterly, half-yearly or annual ).

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Timesheet Management Automate timesheet process of employees to analyses performance, estimate costs incurred across the organization under several parameters (employee, department, client, role, project or activity) and integrate seamlessly with payroll and other modules Benefits of HRMS : Alleviate process bottlenecks Minimize manual paperwork Decrease employee stress Reduce time lag in tasks Lower operational costs

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Features of HRMS Centralized Admin System Cloud-based Documentation Sophisticated Mobile Functionalities Employee Self-Service Option Real-Time Analytics Data Security and Audit Log Role-Based Access and Collaboration Agile Integrations

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