Five Reasons to Invest In Employee Management System

Five Reasons to Invest In Employee Management System

Over the period of time, the ideologies to improve the standard of employee management have been a great challenge for growing firms.

Emp Management System

Has it become really tough? Or Does HR professionals look for something that has the potential to take a big leap in the growth of an organization?

Deciding factor

Investment is a unanimous factor to identify the effective ratio of development. Undoubtedly, the evolution of fast-paced technologies has had a huge impact on the changing market conditions.

Let us skim through the top five reasons that prove the credibility of investment in employee management system.

Improvised task management

The implementation of new software lets the users organize the workload in a quick and compact manner. Such type of employee management system allows the employers to keep track of employee records, assigned tasks and the progress of work at a steady pace.

Time management feature helps calculate the number of working hours for a specified task as well as the additional time spent on trivial tasks.

Employee monitoring

Some of the advanced employee management systems act as the thriving force to monitor the information associated with employee HR and Payroll system.

The advancement in employee monitoring creates a space to get a deep insight into the employee performance. It is also known as Key Performance Indicator (KPI). The parameters obtained out of KPI reveals the work standard of individual employees making them qualify or not qualify for appraisal, incentives and so on.

WA and AT

Well, the expanded form goes like this, “Work anywhere and anytime”. You get the flexibility to tweak your workload according to the time constraints.

The 24*7 accessibility feature of latest HR and Payroll Software makes the employee management system a lot easier and user-friendly.

Classified Information sharing system

The information management of a company is very crucial for it may contain some of the sensitive data. It is high time to infuse confidentiality in employee management systems. The internal communication systems allow the users to share information with utmost confidentiality.

Highly Secured

When it comes to managing employee records including the payroll management, eventually the transactions would be huge. A complete employee management system should ensure an integrated business process. We have some of the refined HRM Software which you could rely on for safe and secure operations.

Most of the HR professionals have started to implement employee management systems in their respective firms anticipating a rapid change. Therefore it is needless to say the importance of investment on employee management system.

Check out http://www.hr2eazy.com/ for detailed information on advanced HR and Payroll System

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What are the functions of Payroll Vs Human Resource?

One could easily describe Payroll and Human Resources as the primary building blocks of an organization. The most significant operations involved in the business sector are done via these departments.

HRM Vs Payroll Software

Know the difference!

The functionalities of Payroll and Human resources help each other stabilize the growth of an organization.

While human resources perform active operations related to employee relations, Payroll works for the financial compensation of the employees.

It is really important for an organization to understand the subtle difference between the functionalities of Payroll and Human resources which will help improve the business strategies.

Reduced Human Resources.

Proving to be an amicable function for both Human resources and Payroll system is automatic data updating. Clearly, it reduces the effort of manual work without any compromise in quality. These features produce greater results upon implementing integrated infrastructure which will optimize the roles of Payroll and Human Resources.

So, what does an integrated system provide? The primitive functionalities of a Payroll Software will be combined with that of Human Resources in order to obtain complete business processes.

Resource Management can be organized into various types depending upon the standard of HRMS and Payroll System of a firm.

Comprehensive Functions of Payroll and HR

The basic function of Payroll System is to generate salary for the employees whereas managing the available resources of an organization pertains to HR functions

Operations such as balancing payroll data including the tax deposits, wage calculation etc. will be taken care by Payroll System. The foremost function of HR system is to recruit new employees for relevant positions of an organization.

Employee retention is the challenging function of HRMS provided the demand for most happening resources is huge.  Payroll maintenance is the painstaking process which should be carried out by experienced professionals.

Record keeping is the key responsibility of HRMS and Payroll that will help the respective departments to manage and retrieve the data whenever required.

Extra allowance calculation, tax deductions, and other cash management will be the part of core functionalities of Payroll. The HR professionals handle performance management which is also called as KPI (Key Performance Indicator) as a part of employee management. It will help optimize the active employee participation in an organization.

Employee satisfaction is the common function of both HR and Payroll system without which it becomes absolutely difficult to run a business on a positive note.

Integrity Performs

Not only should the Payroll and HR functions be intact but also the professionals managing the functions should be able to communicate leading their organization towards sustainable growth.

Check out the link http://www.hr2eazy.com/ for more information on HR and Payroll functions

How to advice best Payroll Software?

How to advice best Payroll Software?

As of today’s scenario, the number of organizations using Payroll Software has increased to a greater level. You may ask, In that case, has it become mandatory? Not actually but the needs of almost every organization are really huge which can be met only with a Payroll software.

best hr payroll software

The process of Payroll System differs for each firm depending upon the end of payroll cycle. Organizations generate Payroll on a weekly, monthly or bi-weekly basis.

In addition to streamlining the business of an organization, Payroll Software also plays a crucial role during the times of tax adjustments and regulations.

Therefore, it is extremely important to analyze some of the important factors before suggesting a Payroll Software.

Check Error Handling mechanisms

One should be very vigilant to go through the error handling mechanisms of a Payroll Software. Never presume, “Everything looks great and just fine” in the first place. As said above, Payroll plays a crucial role in a firm and there are possibilities of even fatal errors leading to a colossal damage in the entire business process.

Keep up with the market trends

  • Always stay connected with the existing market trends. You can consider the below-mentioned points to do so.
  • Look out for multiple Payroll Software and compare the features with one another
  • Analyze the volume of the global workforce. This would help you understand the demand of Payroll Software worldwide. (Note: It is estimated that the Payroll Software in the US market alone would exceed $20 billion by the end of 2017)
  • Automation is the primitive advancement for it shall not be regarded as the main functionalities in the market.
  • Upon going through the Payroll Software market, you could possibly draft the best Payroll Software providing key features for best business solutions

Things included in a Best Payroll Software

Amidst a lot of Payroll Software, try looking for the one that consists of the following features,

Effective Pay Slip generation

Along with the Pay Slip generation, accessibility matters a lot. There are Payroll Software that provides access to download Pay Slips via smart technologies 24*7

Claim, Attendance and Time Management

Claim – Based on the capacity of available workforce, employees claims will be monitored and processed accordingly

Attendance and Time Management – Helps manage the number of days and hours of the entire workforce with specialized rates such as holidays, allowances, leave reimbursement, extra time pay etc.

Special Reliefs

Special Relief, Tax relief and deductions are some of the privileges allocated to eligible employees based on the profile and norms.

Integrated System

All the Payroll operations will be secured and processed through trusted web platforms such as Secure HTTP Server and cloud system.

These are the most important things to consider when you are choosing a Payroll Software. You could also expect add-ons that may be suitable for your business.

Click on http://www.hr2eazy.com/  for more information on advanced Payroll Software.

 

Top 5 HR Rules for 2017 That Will Ensure Success

Top 5 HR Rules for 2017 That Will Ensure Success

“Success”, the mere pronunciation of the word itself creates too much of positivity. Once achieved, it generates a good aura for working towards future endeavors.

HR system has become an inseparable part of corporate culture. The face of corporate employees is carried by HR systems which should be maintained in an integrated environment.

hr payroll software

Employee Satisfaction

Do you think everything will be alright once an HRM software is set-up? Certainly not. An HR system directly affects the quality of top level management of a firm.

Employee satisfaction could be achieved with the combined effort of software like Payroll HR Software and understanding the needs.

There are situations where HR professionals confess saying, “To understand the employees needs is to get lost in a maze”. It can be assumed as the quote of vague HR management experience for the solutions are available in plenty. Here is one.

Instead of analyzing each and every employee needs, it is highly advisable to surf the HR market for an advanced HR and Payroll Software.

You may think, it is like delegating the heart of your entire duty to a software. But it’s worth. The level of automation and glitch-free features in today’s HRM Software is out of the box.

Performance Management

The process turns out to be very productive for a firm enhancing employee retention space to a vast extent. What does it mean in simple terms?

Feeding the employees perception with an idea of how the efficacies of their work are monitored is called as performance management. It is also called as Key Performance Indicator (KPI)

Providing flexibility

Regular shifts are pretty good. Would it be comfortable for employees with different lifestyles? Of course, it is the decision of top level management to allocate work shifts.

But a discussion with the concerned authorities to provide flexible work timings can address the importance of this privilege.

Extra encouragement

People always love something that comes as add-ons. It should be worthy, though.

You can shortlist best performers of the week/month/day and reward them. In that way, the confidence of employees gets boosted and there are possibilities where they would push themselves ahead anticipating more productivity.

Look what is lacking!

  • Conduct a general survey among employees on their respective knowledge
  • Prepare questionnaires.

These two simple actions help you understand the level of insights that employees possess. Henceforth you can conduct training sessions or seminars for the growth of employees as well as the organization.

We call the above as rules only because of its ability to optimize the growth of an organization. Factors like “Employee retention” also plays an important role which contributes to the value of workforce maintenance.

 

Things to remember before purchasing an HR and Payroll Software

Things to remember before purchasing an HR and Payroll Software

The techy-savvy environment in today’s corporate world synchronizes with the popular proverb, “Necessity is the mother of invention”.

People may have a prejudice that it is not a difficult task to draft the needs of an organization. But it really matters a lot.

There are plenty of HR Software available in the market with different features. It is very vital to pick your choice amidst such options. How do you measure the scale of your requirement? The first dilemma arises here.

Brainstorming helps!

A quick skimming through the complete needs and demand of the firm would give you a rough idea. Try to understand the value of resource management. Sometimes you may not be able to get it exactly to the heart of specific needs.

That is fine! Research, make a call to your fellow HR professionals and generate ideas. When you do so, stay detached from the external details as it would certainly vary from the point of view of your firm. Get to know about

  • The significance of an integrated HR and Payroll Software
  • Different types of HRM Software
  • Advancement with respect to the evolution of HRMS services
  • Benefits of Payroll HR Software (matching your requirements)
  • Resource management strategies such as multiple employee management and so on

As you go through the above processes, ideas keep pouring in which will give you a sense of clarity to analyze the requirements.

Wait! Don’t give it a shot, though! The purchase of a Payroll HR Software should be preceded by an in-depth analysis.

hr payroll software - hr2eazy

Analyze the factors like resource optimization, customization features, management features (attendance management, leave management, KPI (Key Performance Indicator) management, inventory management, petty cash management etc.)

Final Check lists for buying a Payroll and HR System

Once a comprehensive analyses is done,

  • Try to look out for any HR and Payroll Software trial
  • Be specific and never accept for extra add-ons (unless it is worth your demand) while making a deal
  • Make sure the software provider is flexible to the given budget
  • Check out the authenticity of the security features available in the HRM Software
  • Research the credibility of the HR Payroll Software provider

The distinction of a successful organization is defined by the uniqueness of services it provides. It can be achieved through the invariable re-invention of novel ideas. Remember it is not just an HR Payroll System but the control hub of an entire workforce!

Check out http://www.hr2eazy.com/ for a detailed insight on HR and Payroll System.

 

HCM Software Vs Payroll and HR Software: What is the difference?

HCM Software Vs Payroll and HR Software: What is the difference?

The arrival of new software for providing HRMS services revolutionized the Payroll and HR System with up-to-date features.

A complete analysis of the requirements of an organization is mandatory before choosing any HR and Payroll Software.

Depending upon the resources of an organization, the demand will be substantiated. So it is of paramount importance to classify the various needs of your firm.

Let us bisect our topic from reverse

HR Software is nothing but the system containing the consolidated data of a company. It includes employee details and other business related information. HR Software serves as the hub for those in need of a particular information.

Payroll Software has a direct connection with HR Software for the purpose of co-existence. The main function of a Payroll Software is

  • Taking the input of gross pay along with the raw time data to calculate the net pay including the deductions and applicable taxes. The raw data would be acquired from another system which can also be a manual data.

Combination: HR and Payroll Software

The combined functionalities of HR and Payroll Software is incorporated with features such as talent management, recruiting, time, attendance and scheduling, which is called as HCM (Human Capital Management) Software.

The overall functionalities of HR and Payroll Software are gathered to support the core responsibilities of HCM.

Bridge between Employer and Employee

The relationship between an employer and employee tackles the overall business growth. People should strive to maintain a healthy rapport between employers and employee.

HCM not only smoothens the responsibilities of HR professionals but also strengthens the bridge between the recruiters and workforce by the following ways

  • Providing smooth mechanisms to track attendance and time
  • Getting resources on board followed by the recruiting process
  • Managing employee payrolls without any glitch
  • Drafting the labor requirements
  • Allocating HR and Payroll records in order
  • Calculating performance management (KPI) including allowance and bonus benefits

How do you find an ideal HCM Software?

The first thing is to look for an upgraded system containing comprehensive HR Payroll Software features. HCM can be included as the part of the software or a dedicated HCM software can also be customized considering the requirements.

You should not forget the term, “Investment”. Investment plans can be discussed after finalizing the needs which should be in accordance with the demand.

Though the difference between HR Payroll System and HCM Software is very subtle, you could compare the transparent results obtained if HCM is not incorporated with HR Payroll Software and also the other way around.

 

6 Steps Your HR Team Can Take to Leave the Dark Ages

The mode of communication has been optimized over the period of time with advanced options managing multiple operations in a quick span of time. Though, there are some of the people who manage resources tend to get stuck in a dilemma of switching to new technology.

When something works just fine for you, it’s seldom you think about other options. The same reason applies for HR professionals who are reluctant to delve into new technology standards.

In the course of time, they fail to realize the fact of having overused an outdated technology. The HR processes mainly turn out to be very challenging for growing firms.

HR Team Can Take to Leave the Dark Ages - hr2eazy

Step 1:  What is the challenge?

The challenge lies in choosing an efficient HR Payroll System that can take care of the entire HRMS processes. Here are some of the factors proving the credibility of advanced HR system

  • Quick access to HRMS Services
  • Optimized payroll services
  • Efficient use of time and energy
  • Maximum glitch-free mechanism
  • Customization facility to strengthen the advancement of HR and Payroll System
  • Multiple resource management

In fact, the latest editions of integrated HR Payroll Software have been completely user-friendly such that the operations can be mastered within a short span of time.

Step2: Easy payroll accessibility

You can always rely on automation to make sure the payroll accessibility works fine. It has become very important to understand the payroll issues for any glitches cannot be comprehended by concerned employees.

Step 3: Ease of Automation in advanced HRM Software

Automation helps big time ensuring all your employees get paid on time. The trick here is employee satisfaction. Obviously you cannot expect all the employees to be satisfied with their salary. Having said that, they will be really happy for getting paid on time.

You work hard for a month or week and sometimes under extreme pressure there may come point why should you do all these stuff. Once you see your paycheck, everything vanishes. Now you are all set to start all over again.

Step 4: Significance of using flexible HR and Payroll System

Incorporating flexibility garners plenty of opportunities in the HRMS processes. For instance, assume you have an excellent profile which cannot be replaced by others. When offered, the particular candidate says, he/she can work only from home. This is a critical situation for any HR Team.

Of course, it is important to escalate the scenario to the higher authorities to make a decision. On the other side, the flexible resource management features available in upgraded HRMS allows managing work-from-home employees. The key is to bend the policies of your organization without affecting the business and the growth of an employee.

Step 5: Frequent Recruitment

This may not be suitable for established firms but start-ups. Ignore this step, if you are an expert in controlling the rise or fall in employment rate.

Probably the above scenario is highly impossible for no can foresee the market status. Regular sourcing of qualified candidates is always a nice strategy which is being followed even by some top organizations.

Step 6: Integrated employee comfort

Feature like KPI (Key Performance Indicator) help employees to monitor the reviews of their performance making them comfortable during the period of a hike. There might be bugs or any technical issues in the HRMS Software which should be rectified immediately creating a comfort zone for employees.

Time is not a constant factor and so the trends of technologies. People who travel with the trends make hay, especially in the business of resource management.

You can check more details about integrated HR Payroll System here http://www.hr2eazy.com/