Shake hands / business

Why should businesses invest in HR management software?

HR teams around the world have always been infamous fast-paced, busy departments. Now, modern times require modern solutions, industries across the globe are utilising technology to increase efficiency and productivity and HR teams should be provided with this too.

By investing in the right tools, businesses can streamline the HR process and benefit not just HR professionals, but the entire business. Online HR management software is paving the way to help organisations with their human resources tasks.

No matter the business size, packages can be tailored and created to fit specific needs and wants and can suit most budgets. We talk about some of the key benefits and reasons why businesses should invest in HR management software.

1.   Get rid of paper copies

Keeping a paper record of everything comes with many downsides. Firstly, floor space is precious in any office and bulky filing cabinets and shelves can quickly lead to cramped conditions.

Secondly, excessive paper can promote a wasteful work environment, with a huge focus on businesses to be as green as possible, there is little reason as to why businesses should still be using paper for all their records.

Lastly, physical copies of sensitive data pose a risk of being lost, destroyed or falling into the hands of those they shouldn’t.

Online HR management software can safely store this data, from staff ID, bank details and even medical documents. As these are backed up on the cloud, should a business fall victim to damaged, lost or stolen computers, this data will still be accessible.

As each portal is unique to every user, this means security is heightened with password-protected logins. No longer will information be restricted because of lost filing cabinet keys.

2.   Employee self-service

HR teams are often inundated with requests from other departments. From requesting annual leave, wanting to update contact details or requiring historical information regarding payslips.

These requests may seem small, but they can quickly add up and lead to precious time removed from other tasks to respond. Online HR management software gives each employee their own personal log in to their platform for easy access.

From these platforms, staff can update details accordingly, see historical data and request, change and view annual leave requests, giving HR teams more time for the really important stuff.

3.   Increase employee development

Developing employee development is crucial to individuals and the business. Without it, staff can become bored in their current roles and organisations risk losing them to competitors.

Online HR management software provides an easy way to keep track of development. Staff can request one-to-ones and records of these can be stored here.

Performance reviews, training programmes and objectives can be held in one place, for easy reference and managers are given a quick overview of each individual.

4.   Keep track of leave

Especially with large teams, sickness and annual leave can be hard to keep track of if the right systems aren’t in place.

Online HR management systems act as an intelligent calendar system. As previously mentioned, staff can request their own holiday, but it also benefits managers.

Before accepted leave requests, managers can easily see if yearly allowances have been reached and also if anyone else within the same department is off during these dates. This prevents overlap in annual leave which can lead to understaffing.

5.   HR advice

Not every business has its own dedicated HR department, especially in smaller offices. However, it is crucial to have professional advice during sensitive matters within the workforce.

By choosing the right HR online management software vendor, not only is an online platform provided, but expert advice can be just a quick phone call away.

By selecting a provider who is not just an expert in software, but human resources too, free, impartial aid can be given.

6.   Aid compliance

Every sector has different rules and regulations that they must comply with and not doing so can lead to drastic consequences.

Tailored online HR management software can help to store information that meets the law for each sector.

From ensuring information is only seen by authorised eyes, to keeping an online paper trail of mandating training and procedures.

7.   Measure business metrics

Any successful business needs to constantly keep track of company metrics to help create strategies and keep ahead of the competition.

Online HR management software allows businesses to keep track of any metric they are needing to. From hiring costs, turnover and training, alongside KPIs.

Not only is this information collated in one place, but can also be turned into easy-to-digest graphs and reports to make managing this information easier.

There is a reason most successful businesses have now implemented this software and those who are yet to do so will quickly see the benefits. It can be one of the most valuable investments of any business in a world where efficiency and simplicity are so sought after by HR teams.

Photograph by RawPixel