What is HR Software?
Human Resource Software (HRS) also known as Human Resources Information System (HRIS) helps businesses to manage employee data and related tasks. HR Software automates everything from onboarding to payroll, saving HR managers and staff a lot of time and paperwork. One thing is a certainty, all businesses need HR software, it reduces human error, in addition to streamlining processes.
What are the types of HR Software?
Good question. There are a variety of different types of HR Software – too many to index here but I have listed a number of them below, these include;
- Payroll Software automates wages to employees.
- Performance Management Software assists with employee productivity.
- Onboarding Software was created to assist with onboarding new hires.
- Personnel Tracking Software allows you to keep employee data on a secure database.
- Learning Management Software provides training courses to employees.
- Benefits Administration Software helps businesses to manage health insurance etc.
What are some of the features of HR Software?
The key features of HR Software include:
- Recruiting
- Onboarding
- Absence Management
- Payroll
- Tracking
- Performance and Talent Management
- Finance
- Compensation
- Training
- Reporting
- Course authoring
What is the cost of HR Software?
HR Software can differ dramatically when it comes to pricing. Some businesses use free HR software, other businesses pay a couple of bucks and many fork out tens of thousands of dollars. What you decide to spend (or not to spend) depends on your budget and specific needs.
- Do you wish to pay monthly or annually?
- What is the size of your business?
- What key features does your business require?
These are the questions business owners should be asking when considering HR softwares and pricing.
What is the cost of HR Software?
Choosing the right HR Software really does depend on your individual business and its requirements. Many HR Softwares overlap with the features they offer, so it’s imperative that you do your research before making a choice. The following tips may help.
- Make sure the HR Software integrates with other software apps.
- Know your business budget.
- Ensure that the software has key features like Onboarding and a central database.
Some HR softwares that are definitely worth checking out, include:
Monday.com is a flexible HR Software that helps you to expand your business whilst managing an entire recruiting cycle plus automating your hiring process emails.
Rippling is a HR solution that organizes payroll and data with customizable reporting features.
Deluxe offers an array of pricing plans for businesses to choose from as well as access to HR experts.
Gusto comes highly recommended and receives endless five-star reviews. It’s an all-in-one HR platform that will give you an edge and help you to build a fantastic workplace.
There is no doubt about it, HR Software will transform your business by giving you the power to manage employees, processes and data. Whether you’re a HR manager or an employee, HR Software will not only reduce human error and guarantee compliance, it will boost productivity overall.
