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What does Human Resource Management System (HRMS) do?

With more and more business houses and offices developing, the need for proper human resource management is of utmost importance. Managing the employees and their roles and rewards at the office is one of the major tasks of a workplace, irrespective of the size of the workforce.Human Resource Management System is the go-to option for this job. Whether you are a small business without a supporting HR department at work beside you or you are a multinational company with a sizeable workforce employed in your HR department, HRMS is something whose importance cannot be overstated.Coming to your question, of what it actually does, the answer would be simple: Everything you need it to do.Elaborating on that, the functions of an HRMS can be divided into four major categories.1. Workforce Services: This is the aspect of the human resource management system that handles the employee end and their requirements. It includes features like:Employee Self-Service Software: A feature that empowers the employee to do multiple tasks like, access company policy, keep a track of assigned and pending tasks, file a request or report, etc., all on the go.Grievance Management Software: Automation of this crucial work procedure will not only increase loyalty but also help root out any bottleneck in the grievance management. At the same time, it helps the requester to keep track of the status of their report and notifies proper stakeholder of the grievance management workflow.Employee Document Sharing: With an online repository for all files and documents, the HRM system ensures all the contributors and stakeholders of a given document have easy and timely access to the files.Claims Reimbursement: This is perhaps one of the most harrowing tasks for an HR Executive. However, with an automated system for the task, the eligibility of the employee and the company policy for the given payment can be processed quickly and with the integration of the system with the payroll system ensures efficient reimbursements.2. Administrator Services: These bunch of functions is aimed at the admin of the workforce for easy monitoring and processing of the employee related data. As this includes the better known HRMS features, I won’t go into a lot of details here but the functions include:Management of employee check in and check out times and attendance Managing the frequency and duration, approval and notification of the employee leave.Proper and efficient expense tracking, management and reimbursement with the option to check eligibility, application, verification, and dispersal. Loan and advances management that reduces the workload of verification, approval, and deduction from payroll from the finance team. Corporate travel management. Core HCM Module: These form the backbone of the HR department functioning and automates work like:Employee Information Storage: With almost all the current and previous employment history of the people working in the business house, HRMS software not only secures these data but also make it easier for the competent authority to directly access it without hassle for proper evaluation.Reporting System: This is a system designed to help admins and employees alike in navigating the complex and interwoven hierarchy present in a company and ensuring their reports reaches the competent authority on time.Payroll Management System: This is perhaps something I once again don’t need to elaborate on. HRMS automates, speeds up and simplifies the lengthy, repetitive and tedious process of employee payroll management.Rewards and Recognition: Rewards are, no doubt, the best motivator for any given workforce. With proper identification, praises and short and long-term reward distribution, HRMS enables admins to make informed decisions in this regard.Hire to Retire Management: This is a feature that cuts down on a lot of lengthy processes that goes into scrutinizing, recruiting, hiring and onboarding process. Along with that Performance management and employee development analysis helps keep the employers informed about each employee’s skill and progress. When it comes to employee exit, this system largely automates the process of sending in a due resignation, its acceptance and clearance from various departments and notification of concerned authorities.Do note, that these, and a lot more, are features provided by Beehive Software which is perhaps one of the most innovative and feature loaded Human Resource Management System I have come across. Different systems provide a different number of features and you should go through them to determine if they meet your requirements or not.As a user, I would suggest you go through the website http://beehivesoftware.in to know the full extent of their features and functions and get in touch with them for any additional queries.

Is there an open source human resource management tool?

OpphoundThe tool is dedicated to professional service businesses, for instance, web developers. Its aim is, first of all, to help manage project resources, secondly, to prioritize sales opportunities. What is more, it is fast. Comprising of reporting, visual, and planning tools, Opphound is to provide its users with an effective sales pipeline and resource management solution.Key features:· Project management· Resource management· Activity dashboard· Activity tracking· Tracking features· Performance management· Collaboration· Proposal management· Password management· Assignment management· Capacity management· Drag & drop interface· Filtered search· Employee scheduling· Pipeline management· Project workflow· Resource allocation· Secure data storage· Data encryption· Lead managment· Data capture· Opportunity management· Data visualization· Visual analytics· Project planning· Project tracking· Planning tools· Secure loginYoutube: Create a New Opportunity - OpphoundDeskera HRMSWhat is it? It is a cloud-based human resources management system. It is dedicated to small and midsize businesses, dealing with such issues as payroll, performance appraisal, recruiting management, personnel administration, timesheet management.Key features:· Expense reporting· One-click appraisal initiation· Payroll management· Payroll template creation· Payslips· Employee self service· Recruitment management· Job postings· Applicant self service· Resume management· Candidate pool searching· Personnel administration· Audit trail· Interviewer assignment· Interview management· Applicant status tracking· Recruitment agency management· Appraisal cycle configuration· Goal management· Competency management· Employee lifecycle management· Performance rating assignment· Appraisal reviews· Appraisal reports· Timesheet management· Timesheet approvalsBizMerlinIf you are looking for a human resource management solution, BizMerlin is just for you. It is dedicated to small and medium sized teams. The tool helps hire, onboard, manage, allocate and retain one's team members. BizMerlin is a cloud-based tool. It is available via web browsers and accessible through iOS and Android mobile apps. The program can be integrated with numerous platforms, among others JIRA, Salesforce, QuickBooks, and many others.Key features:· Training management· Compensation management· Employee database· Skill Matrix· Resource optimization· Performance management· Hiring Automation· Resource forecasting· Integration with QuickBooks· Third party integration· Notifications· Applicant tracking· Onboarding· Visual analytics· Mobile access· Employee lifecycle· Payroll management· Financial management· HR management· 360 degree feedback· Training record managementLanteria HRThe app is said to be a modular human resources (HR) management tool and it is dedicated to SharePoint. The aforementioned program is, in turn, designed to assist teams in automating HR processes in areas such as time and attendance tracking, recruiting, learning management, and performance management.Key features:· HR process customization· Process and workflow tracking· Custom evaluation & review forms· Leave and absence tracking· Global absence calendar· Time tracking· Real-time statistics· Applicant tracking· Real-time updates· Compensation management· Custom reporting· Centralized company database· Organizational chart creation· Vacancy management· Approval workflows· Onboarding process creation· Centralized candidate database· Electronic form creation· Graphical dashboards· Performance appraisals· Notifications and reminders· Employee development planning· Learning catalog creation· Training process tracking· Assessment management· Certification trackingFOR MORE CHECK THIS: Best Resource Management Software - Every Aspect Under Your Control! - TimeCamp

What is the difference between centre of excellence, shared services, HR partnership, and HR generalist roles in human resource management function?

Centre of excellenceA CoE can be described as a department that, in addition to performing its own routine work,has an additional role in improving its own expertise and knowledge resources so that in turn it can help other activity centres throughout the organisation to improve. The CoE may comprise a functional or cross-functional team looking both inside and outside the organisation to capture new knowledge and practices. It may be set up as a physical or virtual team, but it will have a permanent rather than just a project status. The defining feature of a CoE is knowledge management.Shared servicesShared Services provides a platform for HR to create capacity by streamlining and automating work, to build credibility through the execution of processes, and to improve customer experience with the enablement of digital tools and exceptional service delivery.HR partnershipHR business partners are HR professionals who work closely with an organisation’s senior leaders in order to develop an HR agenda that closely supports the overall aims of the organisation. The process of alignment is known as HR business partnering and may involve the HR business partner sitting on the board of directors.HR business partners are seen as important in this process as a progressive way to connect the HR department to other functions – since HR business partners often have experience in senior positions they are well-placed to communicate effectively with other senior leaders.HR generalistHuman resources generalists are often responsible for administrative, compliance-oriented and strategic duties.Administrative tasks -- also known as core HR -- include maintaining employee records, administering benefits and payroll, and providing employee self-service.Compliance-oriented duties include tax reporting and other documentation required by government regulations, such as the Health Insurance Portability and Accountability Act (HIPAA). It also typically involves providing employees with training in compliance with anti-discrimination laws, for example, or for certifications required to do their jobs.Strategic duties include tasks such as employee recruitment, managing performance reviews, retaining workers, and handling individual and organizational development and succession planning.

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