HRMS solutions refer to a comprehensive suite of software that organizations use to efficiently manage their internal HR functions, including employee data management, recruitment, training, interview scheduling, payroll, benefits, talent management, employee attendance, and much more.
Put simply, HRMS is a kind of information system that is primarily designed to effectively and seamlessly manage the computerized and automated human resource (HR) processes of an organization. As a powerful automation software, HRMS solutions automate most of the tasks (as mentioned above) of human resource management (HRM) processes.
An ideal HRMS solution should have most of the below-mentioned components –
- Employee management
- Employee self-service
- Applications management
- Benefits management
- Workplace management
- TLD management
- Performance management
- Timesheet management
- Payroll & compensation management