The cloud based HR software you are investing in should have additional
features for the employees as well. You should not stick to tools with limited
functionality. You must invest in an effective HR solution that streamlines
your business and enables the HR department to save time and effort.
These are a few must-have modules and features that your cloud HR software must include.
Recruitment
module –
Research says that many people leave their job within the first 45
days. You should look for a strong recruitment module in your HR software so
that this doesn't happen in your company. The module should help in creating
ads, managing applications, etc. It also saves time and provides easy entry of
details, application sorting system, integrated workflow management system,
etc.
Read Also | Top Reasons to Invest in Online Payroll Software
Onboarding
–
Your cloudbased payroll software should enable employees to familiarize new
hires with the management system and onboarding requirements. The software you
are investing in should have an onboarding module that helps with the automated
delivery of important information to new hires, a real-time paperwork tracker,
etc.
Performance
Management –
Investing in cloud
based payroll solution with a Performance Management Module that
helps in tracking the performance of each and every staff is essential. The
module helps in managing the feedback to the system, delivering a review system
for an employee, et al.
Administration
–
This module manages the details of a company’s employee benefits
such as welfare, tax benefits, healthcare, etc.
Workforce
Management –
It is better if the CRM and ERP are linked to this module. This
feature helps in managing attendance records and leave plans of employees.
Read Also | 8 Remarkable Features of Cloud-based Payroll Software
Absence –
This is yet another quality of a solid HR solution, which works in
alignment with company policy. This saves a lot of time and effort. With this
feature, one can track and approve any kind of time off work. Some features to
look out for include an online application with easy access, allowing staff to
check their leave balance, etc.
Time and
Attendance –
The module should include biometric data, attendance, etc. The
best features include integration with biometrics, shift management platform
for better scheduling, management of overtime done by employees, etc.
Learning
and Development –
This module is a base for training, feedback, and more. Some of
the attributes to look out for include centralization of learning data,
reduction of training costs, full visibility into the training process, etc.
Talent
Management –
With this module, the HR department would be able to source skills
and hire the most talented people out there. This module includes necessary
information like work experience, educational institution, etc.
Read Also | Why a Cloud-Based HR Software is Crucial for Any Business?
HR
Analytics –
HR analytics actually integrates with other modules of the
solution to deliver reports. It provides favourable predictions so that
companies can make informed decisions.
Apart from the aforementioned features, your
cloud-based payroll software should also have the following. Please scroll
down.
·
Data management
·
Leaves Management
·
End of Service Management
·
Provisions Management
·
Job Opening Management
·
Company Documents Management
·
Application management
·
Project management
·
Shared database
·
Employee termination process
Always look for cloud payroll software that would simplify your HR process and adds value to your
company.
Notably, you can trust companies like Dynamics Business Solutions in this regard that offer solutions like Dynamo payroll, advanced global HR & Payroll with very high capabilities Solution works inside Microsoft Dynamics 365 FO
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