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Top Benifits of HRMS Software in india

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Top Benifits of HRMS Software in india

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  1. Top Benefits of HRMS Software www.netcreativemind.com

  2. Top Benefits of HRMS Software www.netcreativemind.com Reduced Cost Risk Mitigation Access to Information CONTENT Improving HR Productivity Improved Communication Efficiency of Administration Security and Disaster Recovery Data Analysis and Quick Decisions

  3. 1 Reduced Cost www.netcreativemind.com

  4. 01 Reduced Cost Aside from the less tangible costs such as efficiency or productivity, a good HR system will save you real money. A standard benchmark for the number of full-time HR working for a company is one HR professional per 100 employees. Since less paper is used, more time is saved; HR system will save your money automatically. www.netcreativemind.com

  5. 2 Risk Mitigation www.netcreativemind.com

  6. 02 Risk Mitigation In the event of a legal dispute, how can you prove that an employee was made aware of a particular policy or trained on how to use a particular piece of equipment? Email communication is fine but it is not unheard of someone denying seeing an email. Many of today’s HRMS software offer a read and accept facility that provides a paper trail not only showing that an employee was sent a particular message but that they also have accepted the contents of the communication. www.netcreativemind.com

  7. 3 Access to Information www.netcreativemind.com

  8. 03 Access to Information While using an online system, for multiple users, the security is an important aspect one must keep in mind. If the processes are done offline, the security cannot be managed apparently. However, HRMS takes care of it automatically. Employees can see their own information only. Only an accountant can access accounting information and likewise. www.netcreativemind.com

  9. 4 Improving HR Productivity www.netcreativemind.com

  10. 04 Improving HR Productivity Using an online system, the amount of paperwork need to do by the HR people is reduced. The time needed to create, edit and find documents are decreased which directly benefits them in increasing the productivity. www.netcreativemind.com

  11. 5 Improved Communication www.netcreativemind.com

  12. 05 Improved Communication HR systems will include an employee directory. Using HRMS makes the internal communication possible without being dependent on any other tool. Also as an Admin, one can send messages to the bulk of people using HRMS. www.netcreativemind.com

  13. 6 Efficiency of Administration www.netcreativemind.com

  14. 06 Efficiency of Administration If the company is using a paper-based system, it will be very difficult to keep track of the employee’s information for the Admin. For example, How many leaves did an employee take?, How many projects/tasks one is working on?. Using HRMS, this becomes easier for the Admin, as they can use simple search and filters to find relevant details. www.netcreativemind.com

  15. 7 Security and Disaster Recovery www.netcreativemind.com

  16. 07 Security and Disaster Recovery HRMS serves the security of the data. As the backup of all the data is taken in a timely manner and the same is stored in the cloud server. In the case of some natural disaster or man-made disaster, we can recover the same data from the cloud. www.netcreativemind.com

  17. 8 Data Analysis and Quick Decisions www.netcreativemind.com

  18. 08 Data Analysis and Quick Decisions Since most, if the data managed in HRMS are up-to-date and robust, HR manager can make decisions faster. For example, how many people would need training? Who will be available as an Event Manager etc? Also using the reports generated by the HRMS software can easily do the analysis of these data. www.netcreativemind.com

  19. Top Benefits of HRMS Software • Attendance Management • Biometrics or card swipes are the most common forms of recording attendance in an organization. Managing them on paper is a labor intensive task. • Attendance • Payroll Management • Paying salaries, maintaining salary structure, payment of annual bonuses, giving full and final settlements, payment of gratuity forms a few of the essential financial transactions for a company. • Grievance and training • Payroll • It is not mandatory that every employee will be satisfied with the work they deliver. • Grievance and training www.netcreativemind.com

  20. c Website Phone No. www.netcreativemind.com +91-11-40550882 +91-9718274848 Address Net CreativeMindSolutions (P) Ltd.B-10, Ansal Chamber-1,BhikajiCama Place,New Delhi - 110066 Email info@netcreativemind.com CONTACT

  21. Thank You . . . www.netcreativemind.com

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