What is HR Software?
HR Software is a digital solution designed to help HR, employees, and management to optimize their daily tasks, perform at their fullest potential, and boost productivity while ensuring overall satisfaction. HR software enables HR and managers to better allocate their time and resources to more goal-focused and profitable business efforts.
Effective HR software integrates recruiting, onboarding, workforce management, leave and attendance management, payroll, and human capital management into a unified, seamless system.
What does HR Software do?
HR software digitises the cumbersome HR duties by automating annual tasks, organizing employee information, and building & maintaining data-driven reports. Every task is paperless and streamlined. Additionally, HR software serves employees and managers within an organization by assisting in tasks like time tracking, leave management, and performance management, among others.
What are the benefits of HR Software?
The major benefits of HR software include:
1. Reduce time spent on repetitive, low-impact administrative tasks
2. Minimal scope for errors
3. Improved organization of employee documents and data
4. Accurate analytics
5. Streamlined processes
6. Continuous feedback on employee performance
7. Ability to focus on productive and goal-oriented responsibilities
What are the types of HR software?
HR software differs in types based on the size of the company and lifespan. Some types are good for management, while other HR software provide the tools that help organizations that are growing rapidly. As businesses grow and change, so do their needs. The following are the types of HR software that aid in organizational development.
1. Human Resource Information System (HRIS)
HRIS is the core data-management system for multiple HR functions such as recruitment and applicant tracking, employee data storage, payroll and benefits management, the maintenance of regulatory and legal requirements, etc.
2. Onboarding and Applicant Tracking System (ATS)
ATS is a recruitment solution that streamlines the hiring process from applicant sourcing to employee onboarding. It's oversees and digitally manages tasks like job postings on multiple job boards, storing applicant data, and screening applications for potential matches.
3. Employee Engagement
A digital engagement software helps improve employee sentiment and improve individual and team engagement. This is accomplished through daily work priorities, feedback, coaching, and analytics
4. Employee Performance Management
A performance management solution is a platform for HR professionals, managers and employees to improve individual and team engagement. This is done to everyday functions like feedback, coaching, and analytics.