All Human Resource (HR) departments in every team have a specific set of functions that come with their own challenges. Payroll calculations, leave/absence calculations, resolving employer-employee disputes and issues etc. all fall under their jurisdiction. Many of these functions can be aided with the use of software thus freeing up HR personnel to focus more on complex problems that require human input while software performs many of the mundane everyday tasks.
There are many features of HR softwares (both off shelf and custom) that aid HR teams to efficiently run their department and support the organization by minimizing errors and the time it takes in performing their everyday tasks. A payroll calculation system, for instance, is a feature that allows HR teams to calculate every employee’s wage for that month in a matter of minutes, thus ensuring that every employee receives their wages on time. Database features allow the company easy access to and maintaining employee files and records. Similar features allow for the performance of HR tasks in a time efficient manner without errors while HR personnel can devote their entire attention to other problems that cannot be resolved with software.
This article will talk about the five major benefits of using a software for your organization’s HR department and how that positively impacts your entire organization as well.
1. Time Efficient:
HR software automates and simplifies small routine tasks. Push button features allow employees to pull their payslip records or find out how many leaves they have left, for example. It allows them to answer many simple questions themselves which they would otherwise have to ask HR personnel in person or email them. That saves up a lot of valuable time for both HR teams and employees. Moreover, HR teams spend a lot of time calculating payroll every month which will be automated by HR software and take only a matter of minutes. 20-25 percent reduction in HR administration time can be expected by organizations if they shift to an HR software solution. HR teams can then devote their time to making sure that the workforce of the organization is working towards long term business goals since their admin time is freed up.
2. Increased Productivity:
In today’s increasingly digital and competitive world, businesses are trying to automate everyday mundane tasks via software and devoting their attention to more profit generating and high value tasks. This is one of the many ways through which companies remain competitive in today’s market. HR software is one example of how productivity can be increased in any organization. It boosts the speed of HR tasks, self-service for employees and employers to edit personal information and contact information etc. This not only saves up time but also allow increase in productivity since HR teams, employers and employees are not focusing on repetitive tasks which are now automated by the HR software but are instead devoting their time and attention to high value tasks that actually generate profit for the company.
3. Avoiding Silo Mentality:
HR teams handle a lot of sensitive data for the company which easily leads to a silo mentality which makes collaboration difficult. Since HR affects all departments of the business in one way or another, this is an undesirable prospect. HR software allows for a common platform where all non-sensitive data can be shared with all other members of the organization and makes collaboration easier with integrated chat forums. It also allows for HR policies and decision making based on those policies easier and accessible. This allows for increased productivity and the achievement of long term business goals easier. Software will allow for the breakdown of siloes and encourage a more transparent process with stronger connections.
4. Up-to-date Data:
HR databases are vitally important in every company. Employee records and payslips are important in the case that a former or even a current employee brings a claim against a company. In that event, evidence is taken from that employee’s records. Therefore, HR databases need to be completely up-to-date. With HR software, this becomes much easier and efficient. With features like reminders, HR personnel are not liable to forget and with self-service employees can update their own information themselves. The database is made digital with HR software which makes it easier to hold on to as a contingency. Physical records are liable to being lost or buried.
5. Optimization of Resources:
HR software digitizes a lot of documentation thus reducing paper consumption by the company. This helps align and comply with environmental regulations and laws that are becoming increasingly important. It also removes the need for physical space, photocopying and other forms of physical backups. HR software makes this information easier to access anywhere and at any time. This way, the company’s resources are optimized and make everyday functions and workflows both time and cost efficient.
Using an HR software impacts not only your company’s HR department but also the company as a whole. The HR department affects all corners of the business and, therefore, their efficiency from the use of HR software also has positive impacts on the rest of the business. It increases productivity, saves time and costs, optimizes resources and allows for the maintenance of up-to-date records. In today’s competitive market, businesses are becoming increasingly digital for the benefits that accompany those solutions. HR software is one example of companies implementing digitals solutions. In order for your business to stay ahead of the curve and remain competitive in today’s market, HR software is one solution through which you can achieve this.