How HR and Payroll System is the need of the hour?

Everyone is talking about HR and Payroll Software. But, there are organizations which don’t have an HR and Payroll Software. They still follow the old method of tedious paper work. Yesterday, I visited my friend’s office; she works as an HR Executive and was busy in calculating attendance of her company’s employees. Though, it was bit surprising for me, in a technology driven era, how can she is still going through this entire problem? Then I asked her don’t you have an HR and Payroll Software in your office? She replied me: “Software to maintain employees?” Then I replied: “Yes, you can have HR and Payroll Software in your company which will make your work easy”. Yes! Guys... I am right; there is HR and Payroll System for each and every business whether small, medium or big. HR department is normally occupied with functions like salaries, recruitment, checking on the skills of employees and also other benefits to employees. Most of the organizations have only one person managing all these responsibilities. Here, where Software Solution comes into picture. HR and Payroll System is technology based software that maintains the information related to recruitment process, employee training and development efforts, maintains detailed records of each and every employee, combines data of daily attendance, completes monthly salary process and defines disciplinary and grievance processes. The software plays a very pivotal role in functioning of an organization. The major benefits are:

• Manages Selection Procedure

• Tracks Training Needs

• Maintains records of employees

• Creates Centralized Repository of information

• Combines the data

• Calculates Salaries

• Keeps Employees Satisfied

“Employees who believe that management is concerned about them as a whole person - not just an employee - are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability.”-Anne M. Mulcahy Employees’ performance matters a lot in success of an organization. It became essential to capitalize on the full potential of each and every employee to survive in today’s dynamic and competitive environment. This makes management of human resource very crucial. An organization can encounter all the hurdles in managing its human resource by implementing good integrated HR and Payroll Software. Integrated Software will reduce the chances of duplication of information and will provide a single window to furnish and view details. There are infinite numbers of software available in the market for business entities. But, the organization needs to consider its requirements and how efficiently an HR and Payroll Software will assist in meeting the challenges.