UBS

HR Software

What is an HR Software?

HR software is an automated tool to streamline and optimize human resources management operations.

HR systems aid HR departments in carrying out labour-intensive as well as tedious HR processes in just a tap.

HR Software is an automated tool that helps to manage employee information and all the HR-related operations. HR software streamlines and optimizes Human Resource Management in ever evolving ways. This software makes it possible for the HR department to spend time and resources on productive and profitable efforts.

HR software helps the HR department to automate the manual tasks, store the data in a more manageable way, and to create data-driven reports for the betterment of the organization. HR Software comes in a variety of forms each with a different use. Below are the types of HR Software that you can use to streamline your business operations:

HRMS (Human Resource Management System) – An HRMS, or human resources management system, is a collection of software programmes used to manage human resources and related operations during the course of an employee’s career.

HRIS (Human Resource Information System) – Multiple HR responsibilities, including recruiting and tracking applicants, keeping employee data, handling payroll and benefits, and adhering to regulatory and legal standards, all require the use of an HRIS.

HCM (Human Capital Management) – Human capital management (HCM) is the process of selecting the best employees, efficiently managing workforces, and increasing productivity.

ATS (Applicant Tracking System) – An applicant tracking system (ATS) is software that helps an organization’s employment process run smoothly from start to finish. It usually takes care of things like advertising job vacancies on several job boards, keeping applicant information, and screening applications for prospective matches.

  • Onboarding
  • Performance Management System
  • Employee Management System

With human resources software, companies can acquire the following advantages: 

  • It Saves Time, since HR software does every operation on its own 
  • Increases Productivity of HRs, allowing them to focus on value-adding activities 
  • Improves Compliance, keeping away hefty penalties and lawsuits 
  • Engages Employees, thereby increasing the retention rates 
  • Zero Human Errors, reducing a lot of unnecessary expenses
  • And much more…

HR software is an excellent alternative to all those outdated and traditional HR tools that always keep HR professionals occupied all day long.

Also, See: Workforce Management | Talent Management

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