As a company starts to expand, scaling, workflow optimization, and process automation become more challenging to manage. To deal with these problems, you can use a Human Resource Management System (HRMS), specialized software that helps with all HR tasks, payroll, and personnel needs efficiently on a daily basis. These software solutions give businesses crystal-clear objectives in line with them and enable participation in HR activities from employees across the board.
If you are looking for perfect HRMS software that can easily handle all your management, including wages, bonuses, recruitments, attendance, and other forms of work, then try Nowara Infotech’s HR & Payroll Addon over Microsoft Dynamics 365 BC. It is a comprehensive HR management solution built on the Microsoft Dynamics 365 Business Platform. Employees are supported throughout their entire life cycle, from hiring to employee administration and development. The primary goal of HRMS is to empower an organization’s HR team. Its ability to multitask makes it a one-stop solution for the HR teams of small, medium, and large-scale businesses.
Medium or Large corporations cannot independently manage hundreds of thousands of employees, contractors, and funds. Looking at such issues, we at Nowara Infotech provide you with specialized HR & Payroll Addon management software to boost productivity and automate routine tasks. Our HRMS solutions can also increase operational effectiveness and offer valuable insights for business decisions. The top advantages of a human resource management system are listed below.
Easy Recruitment: HRMS plays an essential role in the process of recruitment. The system takes care of the demand and requirements of recruiting within an organization. It also helps the HR team to design job positions, filter applications based on credentials and qualifications, and more.
Hiring Details: The joining date of a new employee means a lot to both the employer and the employee. Once a new employee joins a company, the HR team performs a set of activities known as employee on boarding. HRMS helps the HR team manage tasks that include keeping records of long documents.
Task Management: The task of employee management includes attendance and timetable management. An efficient HRMS tool features timesheets to keep records of attendance and work hours. The system helps the HR team to manage employee engagement efficiently.
Payroll Management: Payroll management is one of the critical tasks of an HR team in an organization. The task, however, can be hectic and tedious if the number of employees is enormous. HRMS makes the process smoother by calculating all crucial elements like statutory dues, tax deductions, reimbursements, allowances, and more.
Attendance Management: Leave management is one of the vital job roles of the HR department. The HR department creates, manages, and allows leave to employees maintaining organizational rules. HRMS helps the HR team manage such issues efficiently. It keeps the record of leave of all employees respective the number.
Insights: Besides managing employee-related issues, an HR department must submit reports to the company’s stakeholders. Reports are needed to be sent periodically in a pre-defined format. It is a part of the organization’s reporting process, and HRMS can make the process hassle-free for the company’s HR team.
Saves Time & Enhances Efficiency: The implementation of HRMS eliminates the requirement of doing complex HR administrative tasks manually. It is fast and delivers error-free results. Finding employees’ files and information has become easy now, as a good HRMS can search and bring all the information on board within a fraction.
Low Cost of Maintenance: Advanced HRMS reduces the need for multiple systems within an organization. Complete integration of HRMS with other software like ERP, company intranets, financial software, and others minimizes the cost of maintaining multiple systems.
Improve Productivity: The multitasking ability of HRMS enables the HR team to concentrate on other essential tasks with better energy and enthusiasm. It also reduces the need to increase the number of HR department employees.
Cloud-Based Solution: HRMS can be integrated into a cloud-based system to make upgrades and customization easy. Allow users to operate from anywhere anytime.
Cost-Effective and Easy to use: A medium- or large-scale organization may need a bigger HR team to manage and execute HR-related tasks. However, implementing an HRMS can reduce the need for an extensive HR department. HRMS is just like other management software, and there is no need to hire a specialist.
Pay Grades: Pay grades determine a standard framework of monetary compensation for both private and public sector organizations. Pay grades have two evaluation levels. The horizontal range is tenure and performance, while the vertical range is job responsibilities. Instead of negotiating fair salary ranges, employee progress can be assessed regularly with pay grades.
Air Ticket: With our HRMS, employees can request an HR manager for flight booking for business as well as personal trip. The HRMS will hold the records for your expenses, leaves, remaining works and meetings as your best reminders.
Medical Insurance: Access a complete employee benefits package including a health insurance plan, life insurance, paid time off (PTO), profit sharing, retirement benefits, and much more for employees under HRMS complete solution.
Overtime: Managing working time is one of the most difficult tasks, but Nowara Infotech’s HR management solution makes it simple. Companies can easily account for overtime, under time, and the proper schedule of working hours and will manage the pay accordingly.
Payroll Run: With running payroll or payroll run, it is possible to pay employees for a specified time period. Most businesses now use payroll run on a weekly, biweekly, semi-monthly or monthly basis.
Employee Calendar: Employer calendar allows to comprehensive monitoring and tracking of employees’ attendance. Company can easily create a calendar that accommodates their business hours and work shifts with our best HRMS solutions.
Loan & Advances: Our HRMS solutions let users set up employee loan and advance policies. Employees can request loans, which are reviewed, approved, and converted into loan agreements with payment terms, interest rate, and loan life. The system records the amount of a simple advance. The payroll module will consider outstanding loan or advance payments when calculating a person’s monthly pay-out.
If you want to run your business in the best way possible, use Nowara Infotech’s HR & Payroll add-on solutions to get all of the benefits listed above. Request for demo now!
