For any business to run smoothly and efficiently, it is essential to have human resources management software or HRMS. The primary role of an HRMS is to simplify the management of an organization’s employees and their relevant data. It manages the day-to-day processes such as recruiting, training, benefits, payroll, attendance, work hours, performance, and evaluation of all the employees working in a company. While this kind of software initially focused more on managerial tasks, advanced versions have tools and resources accessible to all employees, streamlining operations.
Using software automates several critical processes that may result in a human error if done manually. You also save precious hours from doing labor-intensive tasks and can instead use this time to carry out other vital duties. With more jobs performed in a day, the company can operate more efficiently and reach its full potential. Additionally, the software helps you make better decisions and even improves your regulatory compliance.
Although the list of its benefits is quite extensive, it is evident that an HR software system is necessary for any business to become more manageable.
Among an enterprise’s most significant purchases is the HR software system. With various software systems to choose from, it might seem complicated to pick the one right for your business. And hence, you must first identify all your needs, think critically, then choose wisely.
To help you choose, we have discussed two of the top-rated HR software – BambooHR and People HR, to see which best suits your requirements.
What is BambooHR?
The BambooHR software gathers information and data of your employees and organizes them to improve the overall efficiency of your business. Regardless of which task you have set out to perform, it provides you with the time and solutions to focus on those who matter the most to you – the employees.
BambooHR comes equipped with various features that focus on five core areas.
1. Employee Data & Analysis
The HR department of every organization is responsible for managing all relevant information regarding its employees. However, gathering and reporting every individual’s particulars and keeping it safe from security threats takes time and effort. Fortunately, with BambooHR, all the information is collected in a single database that is secure from any significant threats. The software also provides you with numerous tools to organize your data whichever way you want.
2. Hiring
With so many responsibilities on your plate, recruitment processes might seem tedious. Qualified and valuable candidates can easily slip through your fingers if the process slows down or becomes inconsistent. BambooHR offers its clients applicant tracking tools that monitor every stage of the hiring process. It prevents bottlenecks and ensures that eligible people get hired quicker than ever.
3. Onboarding
After hiring new employees, the software takes care of all the necessary forms and formalities for you. With all the compliance concerns out of the way, you can spend more time getting to know your new team members.
4. Compensation
Tracking work hours and off-time requests can create a nightmare for the finance department or even open doors to liability issues for the entire business. Since gathering such data is critical to pay your employees, you can never compromise on how the process gets conducted. BambooHR keeps track of time, benefits, and running payroll to make paying your employees easier for you.
5. Culture
For optimum business efficiency, the role of employee satisfaction is vital. Your employees must feel valued to commit to working harder and performing their jobs well. To measure employee satisfaction and gauge insights on their performances, BambooHR can provide you with the necessary data. Knowing the shortcomings of your strategies can help you run a business much more smoothly.
To cater to its clients’ needs, BambooHR offers the following features:
- Document Management
- Employee Self Service Management
- Expense Management
- Performance Management
- Payroll Management
- Recruitment Management
- Statutory Compliances
- Task Management
- Time & Attendance Management
- Training Management
BambooHR is an excellent choice for businesses looking for HR software that comes with plenty of add-ons and third-party integrations. It specially accommodates small and midsize enterprises and startups.
What is People HR?
Another popular HR software system is People HR. It is easy to use and includes an employee-tracking database. People HR features unlimited data storage to attach as many documents as you want to your profile. The automated software prevents organizations from performing repetitive tasks, allowing them to focus on business responsibilities instead.
People HR offers the following services to its clients:
1. HR Essentials
The software allows you to gather all HR-relevant data together in one place. It can automate recurring tasks like tracking sick leaves, updating employee information, and renewing contracts. It can even help the relevant department find whatever information they need and build intelligent, more efficient workflows to carry out daily responsibilities.
2. Recruitment
People HR equips its users with an applicant tracking system that allows you to post jobs and shortlist the best possible candidates from a pool of applicants. The software considers the organization’s needs and sets a clear standard for selecting candidates who best fit your company culture.
3. Performance Management
By keeping track of each individual’s performance, the software promotes work efficiency among employees. Additionally, performance management helps business align their employees, resources, and systems to meet their goals and objectives.
4. Explosive Reports
With just a single tap or click, People HR allows you to access reports that provide essential insights. The software presents a complete overview of how each absence or performance impacts your business. You can use this information to grow and create more efficient strategies.
5. Expert Guidance
To help users make quicker and more thoughtful choices, People HR sends prompts to make critical decisions. For instance, when adding an employee’s bank details, the software will prompt you to notify the finance department of these changes.
Other features that People HR offers are:
- Asset Management
- Document Management
- Email Integration
- Employee Self Service Management
- Help Desk
- HR & Payroll
- Payroll Management
- Performance Management
- Project Management
The software is available on various desktop and mobile platforms, allowing easy and convenient access to users. Small and growing businesses and large enterprises can use People HR to take care of all their human resources responsibilities.
Conclusion
For every business, the best HR software system may differ depending on the needs of its employees and HR department. When evaluating various options, first identify how your company operates and what areas you want to focus on more. A software like BamboorHR is a human capital management solution that focuses more on employees than numbers. On the other hand, People HR is a management platform that automates repetitive tasks for your business, allowing you to perform other duties.
