About BSFI Sector
Over the last three decades, there has been a remarkable increase in the size, spread and activities of banks in India. From increasing the number of branches to reaching each of the customer to provide better services, the concept of pulling the customer has changed to pushing self to go and get the client has taken place.
Also, there is a dramatic change from traditional banking system and process in place to including non-traditional services like merchant banking, mutual funds, new financial services and products and the human resource development. With BFSI sector going through rapid transformation in the world, today BFSI companies are facing tremendous pressure for not mere technology up gradation but also its integration with the general way of functioning of banks and technology is playing biggest role than ever in this sector.
With efficient human resource management, HRs of BFSI companies are putting their major focus on three core components – recruitment, retention & compliance. Beehive HRMS plays a vital role in not only taking care of recruitment & retention of the human resource for BFSI sector but providing end to end solution to streamline their mission critical HR functions as well.
Key Challenges for BSFI Sector
- Lack of centralized employee database management
- Maintenance and tracking accurate employee details
- Managing benefits, increments, compensation, bonus, etc.
- Flexible shift assignment based on need basis
- Leave workflow & balance check HRMS Software for Banks
- Lack of automated payroll computation
- Paper based HR processes
- Lack of self service for employees with HRMS software for Banks
- Statutory compliance issues w.r.t. employment regulations
- Performance management and tracking with HRMS Software for Banks
- Problems with full and final settlement
How Beehive HRMS
Will Help BFSI Sector | HRMS Software for Banks
- Beehive HRMS for Banks & BSFI is Providing robust technology for automating complete process of HR
- Beehive HRMS software for Banks will help to manage employee centralized with ease of access.
- Beehive HRMS will help processing of payroll Branch, Location & company wise.
- Beehive HRMS Software for Banks provides Automatic TDS calculation and deduction during monthly Payroll run.
- Beehive HRMS Software for Banks will streamline the Roaster & Shift Management.
- Beehive HRMS Software for banks provides 200+ standard MIS reports.
- Beehive HRMS software for banks provides integrated attendance capturing technology.
- Beehive HRMS has integrated performance management tool to evaluate performance and reward employees.
- Beehive HRMS Software for Banks has capturing and automatically calculate all monitory benefits.
- Beehive HRMS has robust Exit Management tool to manage F&F and clearance.
- Beehive HRMS has different level wise tracking of attendance empowered by mobile app with Geo-Tracking.
- Beehive HRMS Software for Banks has auto calculation of statutory bonus, gratuity and retiral benefits
- Beehive HRMS provides robust Arrear & Reversal management.ply dummy text of the printing and typesetting industry.
- Beehive HRMS provides robust F&F management.
What They Say
Ever since we’ve started using Beehive software for our employees, we found it to be even more useful than expected and it has the best applications required for an HR solution. For an organization that aspires for a paperless office, I feel the use of Beehive will be a great advantage.
