HRMS

What is a Human Resource Management System (HRMS)?

A Human Resource Management System (HRMS) is a software application that stores employee information and supports human resource functions. These functions include payroll, recruiting, and training. HRMS helps companies understand their workforce while staying compliant with changing tax laws and labour regulations. It aims to improve a business’s productivity and efficiency by automating manual and repetitive tasks.

HRMS assists HR with every stage of the employment lifecycle right from recruitment to retirement and every other stage in between.

What are the Features of the Human Resource Management System (HRMS)?

HRMS features vary widely from provider to provider.

– Organising and storing relevant candidate and staff information
– Planning and ensuring timely, accurate payroll.
– Enhancing the talent acquisition process for candidates and employers
– Boosting retention and engagement
– Running reports and preparing KPIs for better analytics
– Tracking time and attendance and aligning it with payroll
– Improving workforce and succession planning
– Monitoring progress and performance reviews for talent management

Benefits of an HRMS

The field force management system is a bespoke solution to addressing the challenges field operation businesses face. Softwares like TrackoField are designed to empower field employees and enhance their productivity and efficiency.

– Alleviate process bottlenecks
– Minimize manual paperwork
– Decrease employee stress
– Reduce time lag in tasks
– Lower operational costs
– Easily implement process/policy change
– Remove spreadsheet dependency
– Improve internal communication