How Has 2020 Increased The Use of HRMS Software?

Be it the private lives of people or the professional, this new year 2020 has brought quite a few challenges for everyone. The nation-wide lockdown imposed in the wake of COVID-19 pandemic has created an adverse impact on not only the economy of the country but the small, medium and large scale businesses as well. Thankfully, half of the problems you face at your workplace are resolved by the incorporation of a top-notch HR solution. Since 75% of the workflow of any organization is controlled by the HR department, it needs to be in a good place. Looking at the concerns a corporate setup could face and trying to find resolutions for the same, employers came up with the advancement of their HRMS solutions.

Following are some of the areas that the latest products encompass to mechanize the HR operations during these tough times:

Time and Attendance Management

Since physical absence of employees from the offices is the biggest challenge, tracking and recording of time/ attendance through HRMS software or application is a must. Thus, this feature seems to be the most important of all. HCM suites like HROne enable you to punch in and out of the office through an app or employee portal to mark their presence every day. 

Payroll Processing

Next comes the issue of evaluating and processing correct salaries and that too on time. So, the runtime of payroll modules on every HR software is also at its maximum. The mechanization of payroll tasks integrates the time and attendance of every employee, calculates the due salary based on the stored data and auto-directs the amount to respective bank accounts.

Expense Management

A hi-tech HR software with an avant-garde expense tool can do wonders even better than any expense tracking software. The function is to manage overall business expenses by scheduling trips and travels. Then, the reimbursements and other payments are assessed to finally prepare receipts and invoices.

Online Learning

Now, the third way to keep abreast of productivity and employee development is e-learning. As an employer, you must ensure that the employees get enough test and training to upskill. Online L&D sessions and webinars can also be organized to maintain the exchange of knowledge.

Mass Communication

One major obstacle that people working from home face is the communication gap. Since thoughts can be misunderstood or misinterpreted due to physical absence, the only way is to strengthen virtual communication. With the help of HRMS software, you can leave this task to chat bots, mass mailers, auto-generated and scheduled meetings and other means of instant communication.

Mobile Accessibility

Managing HR tasks on the go is the finest solution for employees working remotely. So, system software and mobile apps let the employees report to their supervisors, complete & deliver their assignments and manage other related tasks from anywhere at any time.

Performance Assessment

Lastly, the performance management can also be easily administered by the managers to evaluate their team’s productivity and performance. Therefore, appreciations, appraisals, promotions and performance improvement plans, everything can be automatically controlled using an HR software of high standards.