Benefits of HR Software
If you don’t have HR software for your business yet, you could be suffering from increased costs and decreased efficiency. A web-based software can help your business streamline essential processes like payroll, timesheets, vacation, training, etc.
Here are just a few benefits you’ll gain:
Efficiency of administration
If you employ more than a twenty or thirty people, keeping track of basic administrative employee information can be a nightmare if you are relying on an old-fashioned paper-based system. Simple questions from you staff such as, “Can I have a copy of my last 4 pay slips?” or “how much vacation do I have left?” can be extremely time consuming. Your HR staff must sift through piles of paperwork to find the simplest things. Having software can give them this information in seconds.
Quality software can save your company real money. Typically, you’ll have one HR employee per 100 employees. With software solutions that streamline some of the administrative processes, you can increase the number to one HR employee to 140 employees. A company that employs 280 people will require one less HR representative. That could save you tens of thousands of dollars annually.
Access to information
While your employee data is sensitive and secure, there are people within the company that are going to need access to it. Having a central software system with security measures in place allows the right people to quickly access the information they need. This is much more efficient than working with just spreadsheets.
When you and your HR employees can access data quickly, they can conduct data analysis that allows them (and you) to make informed decisions about your business. For example, you may want to know who your top sales managers are; or, you may notice that there is a large turnover rate in one of your departments. Who is the manager? Do they need more training? You can use the data you uncover to make better decisions that will benefit everyone in your company.
Most software comes with an employee directory which can enhance communication between departments. If someone needs to get in touch with another employee in a different department, all they need to do is look up their information. It’s also very beneficial for employees who are on the road as part of their job.
A quality HR software system can greatly enhance your processes and keep your company running smoothly and efficiently. HRMTHREAD provides fully professesional HR software with lots of benefits.