What is HRMS Software?

HRMS software or Human Resource Management System automates and manages those redundant HR tasks. These tasks include candidate sourcing, candidate management, onboarding and offboarding, employee self-service and database management, and so on. 

In short, HRMS software will assist you with all HR processes, from the hire-to-retire life cycle of an employee. 

With HRMS software in place, an HR can spend less time on paperwork, and more time on building your company culture and building your employer brand. 
 

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Difference between HRIS, HCM, and HRMS

HRIS, HCM, and HRMS have a lot of common features, because of which vendors often use them interchangeably. That being said, each of them has a few unique features that set them apart. 

For example, HRIS is about personnel management, policy compliance, and other admin processes, whereas HCM takes care of talent and work management, along with the HRIS functions. HRMS is a comprehensive solution that manages all the HCM functions, along with payroll and benefits administration.
 

5 ways an HRMS solution helps your organisation

Irrespective of the size of your organization and its requirements, an HRMS solution offers multiple benefits to the HR team. These include: 

Choosing HRMS Software for your business - a comprehensive checklist

HRMS software is a comprehensive solution that can take the workload off the HR’s shoulders. Depending on the size of the organization, the size of the HR team, hiring requirements, and several other factors, expectations from an HRMS solution would vary for organizations. As a result, it is important to have clarity on what you are looking to solve using HRMS software. For instance, if you are a small business looking to hire aggressively, you look for an HR solution that will take care of all your recruiting needs.

Keeping that in mind, here are some things to consider while choosing the right solution for your organization.

Features to look for in HRMS Software:

Freshteam - The best HRMS software 

Hire candidates in no time

Freshteam lets you take care of your hiring needs, right from candidate sourcing, to offer management. With interview scheduling, video interviews, job board integrations your recruitment tasks are in expert hands.

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Provide a great first-day experience

They say first impressions last long. It is true, particularly for new employees, as their onboarding experience decides their future in the organization. With Freshteam, you can send onboarding kits, get your documents e-signed, send reminders,and do much more

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Stay ahead on the Time-off trends

Keep a watchful eye on absenteeism trends in your organization. Freshteam PTO lets you add approval flow of time-offs, upload time-off policies, add multiple holidays so that your employees are aware of the acceptable time-off limits in your organization.

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Let the numbers do the talking

With our curated and extensively customizable HR reports, you can make insightful decisions on the hiring trends, cost of hiring, number of hires, etc., and measure the effectiveness of your hiring campaigns. 

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