What is the Human Resources Management System or HRMS?
Work is more complex and involved today than it ever has been. There’s so much that goes into the management of the employee lifecycle and managing all of it on excels & word documents can be tiresome & unproductive. That’s where HRMS or Human Resource Management System comes into the picture.
Technically, HRMS is defined as a software application that combines many human resources functions, including benefits administration, payroll, recruiting and training, and performance analysis and review into one package. It combines multiple systems and processes which simplify HR processes and enhances business productivity. One key element of Human Resource Management software (HRMS) is that they are able to automate various transactional tasks such as letter generation, leave and attendance management, employee onboarding, expense management, exit management, and many others.
HRMS is a combination of HRIS (Human Resource Information System) and HCM (Human Capital Management) Suite. The use of Human Resource management software helps in minimizing the time consumed in tasks and increasing overall productivity.
