HR Software: Features, Issues and Examples

Human Resource Management(HRM) deals with recruiting, training, deploying and managing organization’s employees.

As the name suggests, assigned managers handle human resources and their tasks.

With limited amount of ideal talent in the market these days, most of the companies are competitive to attract the best candidates for their companies. HR Managers take completely responsibility for these tasks.

However, the concept of dealing with recruitment process in a company can be hectic and might lead to some glitches.

That is why many business firms use HR software to perform all their Human Resource tasks under the guidance of HR Manager.

Important Features of an HR Software

Recruitment and Hiring:

From making Job requisitions to Onboarding, everything falls under this module. The HR Managers can conduct tests, interviews, provide offer letters on a single platform. Streamlines every task that is compatible with recruitment process through this HR Software.

Leave Tracking:

Every HR Software also contains a specific component which includes employee’s leave data. The company sets the maximum amount of leaves an employee can have and their leaves remaining. This helps both the employee and the employer to keep track of someone’s absences.

Talent Management:

Usually, the managers evaluate their employee performance and send a feedback through their emails. HR Software makes that easy by just showing the feedback on the dashboard. The manager can assign them jobs as per his skills and performance.

Performance Management:

After a certified period of time, the managers review and monitor their employee performance. To improve performance, the managers usually set goals, send feedback. The HR Software also tracks employee performance, helps managers set goals, and provide scores to increase healthy competition between employees.

Financial Management:

Managing salaries of the employees is the complicated issue for the HR department. They need to check the employee attendance, appraisals, and performance to deduce the right amount to pay them. HR Software keeps track of all the finance information and makes it easier for the HR.

Training and Development:

HR Managers must train the candidates according to the objectives of the company. HR Software provides a medium for training the employees as well. Training schedules, required courses and external courses can be induced in a single place to make it easier for the employees.

Analytics:

Just like any other department, the HR also provides inputs to the management and help them devise strategies for the organization. The Analytics component in the HR Software provides HR with useful metrics and data to contribute necessary insights required to develop strategies.

Issues in an HR Software

Security

Confidential data must be kept unauthorized to certain levels of employees and for that developers created many “components” in the software. This requires many levels of authority access which has to be monitored all the time.

Technical Issues

Sometimes the software undergoes through some technical issues while deploying it on the client system. This might mean that the software is not compatible with other software in that particular system.

Expensive for small businesses

HR Software can be a little expensive, especially for small businesses, to deploy it and then maintain it. Also, it needs staff to control it so there’s revenue for the staff as well.

Possible Ambiquity

Sometimes, in an HR software, a “duplicate” candidate, without up-to-date work performance, might reach the top of the performance list due to identity theft.

5 Indian-Based HR Software in the Global Market

1) HRMantra

HRMantra is one of the oldest HR and Payroll software which is contributing to the HR sector from over three decades. It is a Mumbai-based company which helps streamline all the HR processes significantly.

Features:

• Recruitment management
• Attendance management
• Leave management
• Helpdesk Management
• Payroll Management
• Performance Management system
• Learning Management
• Project Management

To understand the software more deeply, here is a presentation on working of HRMantra.

2) PeopleWorks

PeopleWorks is Karnataka-based HR software that integrates all the HR functions from start to the end. It works on cloud to ensure more security for every function.

Features:

• Recruitment Management
• Core HR Management
• Workforce Management
• Payroll Management
• Attendance Management
• Manpower Resource
• Talent Management
• Learning and Development

Find more benefits of PeopleWorks here.

3) 247HRM

247HRM is based in Hyderabad, is a user-friendly HR Software which is awarded with HR Technology Service Provider of the Year 2018 in the HR Tech Conference and Awards. It has been providing its services from over a decade to more than 600 companies.

Features:

• HR Automation
• Employee Self-Service Portal
• Income Tax management
• Leave Management
• Attendance Management
• Payroll Management
• Performance Management
• Expense Management
• Talent Management

Follow the presentation for more in-depth knowledge.

4) Keka

Keka is again a Hyderabad-based company with various branches in different parts of India and the world. It is solely based on employee experience and probably the only HR software that revolves around employees.

Features:

• Payroll Management
• Talent Management
• Performance Management
• Recruitment Management

For more details about Keka, follow their presentations.

5) PeopleStrong

PeopleStrong is the first company to work on SSAE18. Located in Gurgaon, it is a cloud-based SaaS product used to manage all the HR functions from start to the end.

Features:

• Recruitment Management
• Payroll Management
• Leave Management
• Attendance management
• Employee Lifecycle Management
• Learning Management

Learn more about PeopleStrong here.

Conclusion

HR Software these days is widely used because of the employment tasks and mostly preferred to make HR jobs easier. To maintain a set of employees without any ambiguity, many companies prefer to have an ideal HR software that suits the company requirement.