Five ways an HRMS solution helps your organization
Irrespective of the size of your organization and its requirements, an HRMS solution offers multiple benefits to the HR team. These include:
Modernizes your HR processes
It is the age of digitization. Most functions, especially sales and marketing, have adapted to it easily. The HR department gets left behind if it still sticks to manual processes. One Freshteam customer describes the benefit of an HRMS the best by stating that the HRMS single-handedly brought their team out of the stone age. Digitize your HR and move out of age-old inefficient processes.
Provides a delightful experience to candidates and employees
With an HRMS solution in place, take care of the entire employee lifecycle from ‘hire to retire’ much more effectively, from a single platform. Stop shirking on that personalized follow-up with candidates or that delayed paperwork for your new hires. The HRMS solves all your woes that prevent you from delivering on that 5 star experience for your candidates and employees. All your work happens at the click of a button with HRMS tools like Freshteam. Delivering delight couldn’t be easier or quicker than this.
Increases efficiency and brings transparency to HR workflows
An HRMS gives you a complete transparent view of all HR processes through a centralized dashboard, giving you powerful insights. For example, find out where that candidate who has been stuck in the pipeline for weeks now is being held up. Improve processes by taking action on inefficiencies in workflows - an HRMS helps you to detect these with ease.
Saves time and money on administrative tasks and paperwork
No more juggling between spreadsheets and paper files for maintaining employee data. With employee self-service on the HRMS, HR need not worry about updating employee records, keeping track of time offs, document management, and so on. A good HRMS will eliminate the need for any kind of manual paperwork and help you track your tasks much better.
Improves focus on people, culture, and organizational development
When the HR software takes care of all the repetitive mundane tasks, the HR team can work towards the most important aspect of any organization; its people. With an efficient system in place to take care of routine jobs, you can spend more time on strategic tasks and drive better business decisions - be it defining the workplace culture, managing the workforce or enabling better retention.
Helps make informed data-backed decisions
An HRMS that has the analytics feature enabled can provide you with detailed HR reports. These customizable reports help in providing crucial insights about the people and processes like hiring. This helps you stay on top of important HR data, such as recent hiring trends, absenteeism among employees, or even monitor productivity of the HR team.
Monitor your KPIs effectively
HR key performance indicators (KPIs) can be based on a number of HR metrics such as time to hire, cost of hire, employee diversity, turnover rate, and calculating these could be quite cumbersome. But with a system to keep track of all employee data, getting these numbers and metrics is only a matter of seconds. Monitoring these metrics effectively with an HRMS will help your HR team step up to the next level sooner.