Top 5 HR Software Solutions that Most Managers in the Industry Use

Industries must use the top five HR software solutions to reap the benefits of automation

Human Resources need the aid of advanced technology and high-end software solutions. Also referred to as HR management software, these solutions help the HR department and managers in navigating through a wide range of activities and responsibilities. 

Right from the process of hiring to employee onboarding, scheduling, compliance, and the overall benefits, HR departments can run seamlessly with the help of the right technology. It is ultimately concerned with automation and ensuring that the HR workflows are seamless for every employee and the entire department. As such, irrespective of the industry and size, most businesses have started making use of specialized HR software solutions. 

Importance of HR Software Solutions

These revolutionary solutions help in reducing the potential challenges in the business workflows while also increasing efficiency and improving employee experience. The best HR software solution will help you in organizing your business and efficiently running the back office simultaneously. Employees are capable of updating their respective changes, time off is tracked properly, paychecks are sent on time, and so more –a reliable HR software solution can ensure that everything is running on track with minimal requirement of work.

Top 5 HR Software Solutions for HR Managers

#1 Use of HRIS Systems

An HRIS or Human Resources Information System is the most used software system in the HR industry. HRIS can be regarded as a dedicated system for collecting and storing data of the employees of an organization. 

In most cases, an HRIS consists of the basic functionalities required for end-to-end HRM or Human Resources Management. It is a dedicated system for performance management, recruitment, development, learning, and so more. The HRIS can either run on the technical infrastructure of the company or can be cloud-based. Some of the additional benefits of HRIS software systems are:

• Record-keeping
• Compliance
• Efficiency
• A dedicated HR strategy
• Self-service 

Working with HRIS delivers multiple benefits for the HR, employees, and the entire organization. The utilization of HRIS is especially useful for large-scale organizations for supporting a wide range of HR functions.

#2 Payroll

The job of an HR manager can be exhausting –especially if the professional is making use of manual payroll systems and traditional work. With the help of the latest technological advancements, you can make use of a dedicated cloud-based HR software system for providing ease of business operations and boosting investment return. 

A Payroll software solution is an application used for managing, maintaining, and automating payments of the employees in the organization. An automated payroll software system makes use of programmed functions that are capable of compiling and calculating the payroll online of the employees on a secured platform. 

Cloud-based payroll software systems can be used for storing and keeping all employee data safe on a cloud system or secured server. Such data can be accessed whenever there is a requirement through a mobile application, a laptop, or a browser. Moreover, the user-friendly nature of the software allows the HR manager to perform direct deposits while generating payroll reports. 

#3 Applicant Tracking Systems

An Application Tracking System or ATS is a specialized tool or program designed for streamlining the recruiting process. It helps in simplifying and automating the overall experience –right from posting job openings to receiving relevant applications to hiring the right employees. A good Application Tracking System helps in improving the hiring process for both the candidates and recruiters. 

Some of the common features of an advanced ATS are:

• Simplified job postings on multiple sites
• Automated email responses
• Centralized storage of applicant's data
• Interview scheduling
• Messaging capabilities
• Application screening of potential matches
• Built-in communication channels
• Employer branding
• Recruitment analytics & reporting
• Social sharing

Some of the top benefits of using a dedicated ATS solution are:

• Speeding up the recruitment process
• Improving the quality of hire
• Providing an improved candidate experience
• Offering enhanced reporting
• Easing HR's workload

#4 Learning Management Systems

Learning Management systems are dedicated software applications that can be utilized for online training and education lessons. They are a great method for training new employees in a company or delivering online classes or lectures in educational institutions. The core features of the LMS have made it an increasingly popular choice amongst educational institutions and organizations. Integrating HR with LMS can deliver a wide range of benefits. 

Here are some benefits to look out for:

• Accurate and easier data entry
• Identifying the right talent
• Easier onboarding and induction process
• Effective online training
• Analytics and patterns
• Cost-savings

#5 Performance Management Systems

The right performance management system can ensure that the activities and output of the employees are aligning with the wider objectives of the business. An effective performance management system strategy is critical to the overall success of your business along with employee productivity. Some of the benefits of a performance management system for HR departments are:

• Highlighting training gaps wherein further training might be needed
• Improving workforce planning –like management of delegation and workloads
• Identifying the right employees for promotion
• Boosting employee morale –in turn, boosting performance and productivity
• Offering employees improved autonomy for managing their responsibilities 
• Boosting employee retention and reducing employee turnover

Performance management systems are defined as the processes or activities focusing on skills and resources while supporting the maintenance and improvement of employee performance. Effective performance management systems can help in fostering an open dialogue between management, employees, and the entire organization. This helps in increasing trust and ensuring everyone is feeling more engaged and supported throughout. Without a dedicated performance management system, employees are more likely to feel detached from the work and their role within the organization. This will result in higher staff turnover. 

Conclusion 

A high-performing Human Resources team will need access to a reliable and feature-rich HR software solution for being competitive in the modern era. You can use an easy-to-comprehend and interactive HR tool to enhance productivity and efficiency within the organization. Based on the specific requirements of your business, make use of the right HR software solution.