Every company needs to have a human resources department that oversees the recruitment, hiring, training of employees, among handling other duties.
This vital department can even be credited with helping meet the business goals, given that the employees who are hired will determine the success of any business ventures. After all, people make up the heart and soul of any organization; without them, nothing would progress or get accomplished.
HR further helps motivate current workers and is there to deal with various pressing issues ranging from employee compensation, keeping track of company acquisitions, conducting performance reviews, helping the company adhere to safety guidelines and so on. Have you even thought about how to apply for a small business loan? Once again, HR plays a vital role in dealing with this matter as the business’s financial wellbeing can affect employee welfare. All in all, human resources is an integral part to the day to day company operations.
On the other hand, it is important to understand that a successful and modern business will always make use of the latest technology, gadgets and developments which can improve the efficiency of daily work. In this case, you can point to the various HR software programs that help human resource professionals excel.
With that in mind, below are three software programs that should be on your company’s radar for 2019.
1. Human Resources Management – CIPHR
The very first software to consider for your company needs is that of the expert human resources management – CIPHR. As with all programs that are meant to boost your company’s workflow, this one is intended to assist the HR department to manage employees more efficiently.
Consider the following pros and cons of this program, and you can decide for yourself if your business should invest in this option:
CIPHR helps improve the communication within the office space, due to how easily all company and employee information is stored in the cloud system. Not to mention, as soon as you opt to use the cloud, you can access it from anywhere you are in the world.
This software is especially beneficial for HR professionals that are excessively busy.
The ease of use is always important to consider as well, and in this case, it is noted to be a highly configurable system by anyone who uses it.
Unlike other programs, this offers a self-service option, meaning that employees can also take on the admin role themselves and input data into the CIPHR system. Other key additions include its ability to handle payroll, recruitment processing, employee absence and work management, and other HR needs that your organization can benefit from.
While CIPHR can be beneficial, you must also determine if the cost associated with the program is worth it for your small business. Do you have the financial stability to afford this software system?
If your current company is not large and you feel as if the HR professional can handle more independent filing, this may not be the program for you.
Of course, there is always the possibility to get business loans, if you feel that this is a crucial investment.
2. Human Resources Information Systems – HRIS
It is now time to understand HRIS, or human resources information systems, as this is the second software program that is up-and-coming and could fit your company needs. The key task here is to improve the productivity of HR individuals.
Here are more details on the pros and cons of HRIS:
There is a long list of benefits that come with using a system that, once again, operates within the cloud system. This is a software that stores detailed and meticulous data on online servers that can be accessible at all times and from anywhere.
HR experts will find it incredibly easy to use when it comes to reporting, managing employee and business finances, organizing training needs, recruitment, among other core human resource needs.
Imagine that your business is looking to obtain acquisition loans, and achieves this while being able to purchase additional companies and assets that benefit them. This financial information must all be inputted in a detailed system as it affects the company’s current monetary wellbeing and standing, which, in turn, can affect employee pay raises and so on. This is once again an example where utilizing an HR software system comes in handy and makes the admin process much more straightforward.
There can also be problems associated with using HRIS, mainly if the HR professionals do not make a habit of continuously updating the system with essential data. Organization is key. Otherwise any of the analytics that is provided by this system for the business needs will not be accurate.
At the same time, becoming overly reliant on this program system can lead HR professionals to not pay close attention to the admin details that they would otherwise have double-checked, in order to ensure that everything is inputted correctly.
There are also specific programs designed for different business sizes, yet those that are offered to small business don’t provide as much functionality depth as those geared towards large-scale corporations.
3. Human Capital Management – Workday HCM
Human Capital Management, with one key example being Workday HCM, integrates finance and HR needs into one single program.
Your company time should be maximized at all times, and here are a few further details that will help you make a decision about this particular HR system:
The good news is that HCM offers HRIS capabilities, such as performance management, pay compensation, onboarding, yet adds onto it as well.
It is possible with an HCM software system to create formatting that is specific to your country’s needs, and thus offers global capabilities, in addition to an increased emphasis on talent management.
The core of HCM is still its ability to properly manage the company’s employees so that they can perform to the best of their capabilities.
Similar to other software programs, you must determine if the cost associated with using it fits your small company’s financial capabilities.
On the other hand, it is very easy for information to become jumbled in the system, especially if the workers do not properly learn how to use it to its full potential. Attention to detail, thus, is critical here.
These three programs are existing as well as up-and-coming HR software’s that have continuously been fine-tuned to benefit your business. Depending on your specific company needs, always make a point of investing in one that you know will be of most value to you and allow you to grow as an organization.
What system allows you to store the information that you need? This can include both the typical employee management HR work, as well as more administrative tasks that keep in mind the company’s finances, the number of funds they received from banks, whether it’s equipment financing or something else, and much more.
All in all, which software programs helps your HR professionals to be more productive and efficient?