HRMS

What is HR System and How Can it Help Your Business Grow?

According to a KMPG survey across 64 countries, 39% of HR professionals have embraced new technological resources like digital platforms, AI, and analytics to perform their daily HR activities.

As corporate work culture is evolving day by day, it is getting tough for companies to streamline workflow and ensure business growth with traditional HR processes. To assist companies in simultaneously handling business development plans and employee management, HR software system can be your go-to solution.

Wondering what is HR system and how it can help your business reach new heights, read this blog till the end!

Understanding HR System

Also known as Human Resource Management System(HRMS), HR software offers a platform for companies to manage their daily HR-related activities. As opposed to traditional processes, which majorly involve HR juggling multiple Excel sheets and elaborate emails, an HR system or HRMS System simplifies core HR tasks for both employees and HR.

The answer to what is HR system focuses on a platform that offers a comprehensive solution to manage and streamline all HR-related activities. This implies that with HR system, companies can easily manage activities like attendance tracking, payroll generation, leave tracking, approval, and much more without much hassle.

Unlike the traditional processes, HRMS tools like Emossy, provide a single platform that both HR and employees can access for core HR activities. So, after signing in with our HRMS portal, HR professionals and employees can completely rely on this platform for any core HR-related activity.

To know the importance of HRIS for your business, keep reading.

Why HRMS Software is Beneficial for Your Business?

For a deeper knowledge of what is HR system is and how can it help your organization, you must also know why it is crucial for your business.

The points below will help paint a picture of why HR software is important for companies to overcome blaring HR challenges.

Improved Efficiency

After switching to HRMS platform from traditional HR process, the most evident benefit you will see is a streamlined workflow across departments.

HR professionals can manage multiple tasks within a given timeframe which was tough with traditional processes initially. This includes administrative activities and managing employees simultaneously.

Better Recruitment Practices

HR Hiring Software is essential for every company today for HR to efficiently complete a recruitment drive along with regular HR activities. By signing in to an HR software for recruitment, HRs can bid adieu to stressful hours of screening through resumes. The platform will screen through resumes and shortlist candidates for HRs to go ahead with further steps of recruitment process.

Transparency

Another factor that also acts as a benefit of HR software for your company is transparency of information for every stakeholder. By registering to an HRMS platform, you can ensure that all employees can access essential information from their end without intimidating HR professionals or upper management.

Self Service

This is another benefit you must know about while discussing what is HR system . HRMS platforms offer self-service features that empower employees to access any personal information. This can include personal or banking details, attendance records, performance, targets, payroll, and leaves. Furthermore, with this feature, employees can also enter or update their details whenever necessary without awaiting actions from HR’s end.

Why Emossy HRMS is Right Platform for Your Organization?

To assist in fulfilling your organization’s growing business needs along with streamlining work processes for employees, HR professionals have a crucial role to play. However, looking into every matter manually during the fixed work hours can be of immense pressure. Furthermore, traditional HR processes cannot completely assist companies in tracking employee requirements for remote or hybrid work cultures. To ensure smooth workflow within all types of work environments, firms need to embrace HRMS platforms or HR analytics software. To fulfill this growing requirement, Emossy organization management system is a one-platform solution for an interactive employee management system. Here is how Emossy can be your go-to tool to address what is HR system and how it can help your business grow.

Streamlined Attendance and Time Tracking

Emossy HRMS brings to the table the “Clock in” and “Clock out” features that allow employees to check in and out to mark their attendance and working hours. Emossy’s cloud storage feature is efficient in keeping a track record of individual’s employee’s daily attendance. Both employees and HR can check this record when necessary as well. Emossy HRMS’s attendance tracker allows HR to keep a record of working hours of employees working remotely too.

Payroll Automation

Manual calculation of each employee’s payroll is a time-consuming process. It also opens up chances for human-generated errors associated with manual calculation. For quick and accurate calculations of employee payrolls along with reimbursements, benefits, and tax deductions, an HRMS platform is necessary. With Emossy, HR can create multiple pay groups catering finances of individual employees and ensure effortless and accurate salary disbursement.

Seamless Leave Management

With Emossy HRMS, managing leave applications is quite easy. Employees no longer need to draft elaborate emails to apply for leave. They can do so with few simple clicks using Emossy’s leave tracker. Furthermore, employees can also check their leave balance through any device with Emossy. This lowers the burden off HR’s shoulders in terms of reminding employees of their available leave balance.

Support Remote Workflow

As the corporate world of today embraces hybrid and remote work culture, the conventional ways of HR management slowly becoming obsolete. To track and manage a seamless workflow for remote work culture, Emossy HRMS is your go-to solution. With this HR software and Performance Management Systems, employees, managers, and HR can stay on the same page with daily workforce while working remotely.

Improved Performance Management

Emossy also introduces an efficient AI-backed performance tracker for employees to stay on board with their target and completion status. With Emossy performance tracker, keeping an eye on individual employee’s targets regardless of their work location.

Bottom Line

Now you have a clear idea of what an is HR System and why it is important for businesses of today. The main role of an HRMS system entails streamlining workflow. By successfully doing so, an HR system makes a noteworthy contribution to helping your business grow.

To choose the right HRMS platform for your business, it is quintessential to note whether the platform’s features align with your business model. Emossy brings forth a flexible organization management platform that can align with any business model.

Sounds interesting? For a comprehensive knowledge of Emossy HRMS, explore our website. You can also book a FREE DEMO to get a clear idea of how Emossy HR system can help streamline your workforce.

Frequently Asked Questions

What are the benefits of HR Software for managers?

With the HR system, you must also know how it is beneficial for managers. With an HRMS platform, managers can enjoy perks like improved team productivity, effortless coordination, and better employee engagement practices.

What is the difference between HRMS and HRIS?

While defining what is HR system , we tend to use the terms HRMS and HRIS interchangeably. An HRMS focuses on managing employee information for a seamless employee engagement process. Whereas, an HRIS platform’s main function is to store information.

What are some of the common challenges that HR faces without HRMS?

With traditional HR processes, businesses tend to encounter several issues. Some challenges that human resource managers face are tax calculation, performance tracking, salary settlements for all employees, compliance, and training management.

Anupama Yadav