What to Consider When Choosing HRMS for Your Company

When trying to select HR software for your company, you can easily get lost in the sea of options. In order to choose the right HRMS, keep in mind several criteria that we suggest in this article.HR managers spend 41 percent of their time running reports and payroll, posting job descriptions, and monitoring candidates. But they would like to focus more on people. HRMS software helps HR professionals to manage employees and automates a number of HR tasks. When selecting HR software, you should take into account several things. Here are some tips to consider before making your final decision.
Understand your company’s needs
Remember that the software you choose must meet your company’s needs. Define what problems you want to solve using HRMS software and how this software can help your company. Knowing your company’s requirements will help you better understand what features you need so you’ll know exactly what you’re looking for. For example, you may want to automate on boarding or create training plans for employees.

  1. Core features of HRMS software include:
  2. Employee database to manage information about employees
  3. Recruiting and applicant tracking to find and hire candidates
  4. Payroll management to organize employee payments
  5. Benefits management to track employee benefits like insurance, vacation, and sick leave
  6. Time tracking and attendance management to track absences
  7. Performance evaluation to supervise employees’ work, track progress, and set goals
  8. Learning management to create training plans for employees
  9. Reporting to create reports faster
  10. Analytics to process HR data without using a third-party app

Another thing you should take into account is the number of employees in your company. Some HRMS software is targeted at small or mid-sized businesses, which means that large companies might need to consider other options that can handle their more complex needs.

Features that HR teams use
With the help of HRMS software, HR teams can automate a number of tasks including recruiting and applicant tracking. HRMS software creates candidate profiles and lets recruiters share job postings. It also collects data so HR managers can access and track employee information. Other features that HR managers use include reporting, performance management, payroll, and learning management. The latter allows HR managers to create employee training plans according to job requirements.

Features that employees use
Employees may take advantage of many features including self-onboarding, paid time off (PTO) tracking, 360-degree reviews, benefits management, and more.
For instance, with self-onboarding, newly hired employees can receive all the information they need before their first day at work. This can help new hires feel more prepared and comfortable when they start.

Centralized HR Software streamlines communications and enables business processes that increase employee engagement. Through open communication, employees stay connected to company objectives and understand what is needed to achieve results. Better communication allows employees to share information and resources that they need in order to be successful.
Beehives’ automated HR Software can provide the technology to streamline your internal HR processes into one seamless operation that simplifies management of all HR-related data and provides your employees with access to the information they need to maintain a balanced work/life experience.