Top 5 Benefits of HR Information Systems for Modern Businesses
Discover how HR Information Systems can automate tasks, enhance compliance, and improve employee satisfaction, making them essential for any growing business.
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The Top Key Benefits of Using HRIS Software (2023)
Added on 09/28/2024
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Speaker 1: Hey, it's Emmanuel with Technology Advice, and today, I'll be telling you about the top... Excuse me. Hello? Gotcha, Mark. Heard you, Mark. Over and out, Mark. All right, so my producer's telling me that we have our first live question. So Amy G wants to know, what would you consider the top benefits of using HRI software for your business? Well, first of all, great question, Amy. If you're not familiar with Human Resource Information Systems, which stands for HRS, and for this video, I'll be calling it HR Information Systems because, tongue twister, it's a software that stores data, automates repetitive tasks, and generates reports. Businesses with hybrid or fully remote workforces can benefit from it because employees in HR can access critical, up-to-date information whenever and wherever they are. But if you're still unsure about adopting an HR Information System into your HR process, don't worry. There are five key benefits that I think you're going to love. Starting off the list is how HR Information Systems can help reduce manual effort. When your HR team is constantly overloaded with onboarding and setting up employee benefits, it can be hard for them to get bigger projects done. But with an HR Information System, these onboarding tasks can be automated. For example, when processing an employee reimbursement, the employee can simply upload documentation and the software can take it from there to sync up with accounting and payroll. Next, Hire Employee Satisfaction. Keeping your HR team and employees happy should always be a company's number one priority. By adding the right HR Information System, businesses can potentially make HR and new employees' jobs easier. By helping those new to the team get started with less guidance, they'll be able to update their information when necessary. And a clear workflow also makes for a good first impression on new hires because they understand what they need to do and when. Up next is Better Compliance. Regardless of the industry, a business manages sensitive employee and organizational information. If you're a business looking to avoid this important information getting lost or stolen, then an HR Information System is exactly what you need. Storing it in an HR Information System means less chance of data getting lost or stolen since an administrator can configure access control. In the event of an audit or legal investigation, the HR Information System contains all the necessary data a company must legally store and maintain for a certain period of time. Following that, Pattern and Inside Discovery. With the right HR Information System, it can deliver basic reports with the employee and organization data it has stored. For example, when HR views benefit roll-in data to determine which benefits to expand or scale back, an HR Information System like Rippling can pool payroll data to generate a compensation report users can filter by department or role. And finally is Scalability. Having an HR Information System that has various tools is great for an organization that plans to grow as the workforce becomes more strategic and more connected with other areas of the company. Take a look at Zoho People, for example. This HR Information System gives users the ability to add modules on top of it, like Zoho Payroll, Zoho Shifts, and Zoho Recruit. Adding these directly to the HR Information System avoids having an ecosystem full of various tools that could potentially become a security risk. This gives organizations peace of mind now that their software tools are managed and accessible under one central platform. And those were the top 5 benefits of adding an HR Information System to your business's workflow. If you're curious to learn more, go check out TechnologyAdvice.com for a free list of software options. And if you're... Oh, excuse me. Hello? Gotcha, Mark. Heard ya, Mark. Over and out, Mark. So my producer tells me that we have a playlist with those same choices if you're more of a visual person. So until next time, see you guys.

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