When I started my first job, I remember signing in my attendance in the office’s ‘Attendance’ register and then signing out when I left in the evenings. At best, it showed that organizations had to trust their employees to enter correct attendance details. But at its worst, attendance registers were the bane of organizational productivity.
For all the money spent by organizations on web based HRMS solutions, there often remains a persistent and troubling gap between the inherent value of the technology they sign up for and their ability to put it to work effectively.
In today’s race of moving the digital way, the distance between technical promise done during sales and genuine achievement post the launch is a matter of grave concern.
Concept of moving to cloud based payroll solutions is a fairly accepted norm among the HR and Payroll professionals. Over the span of last few years, we have been hearing all about the advantages of cloud based Human Resource Management software and their superiority over manual processes. But has this torrent movement from on premise to cloud-based HR software able to overcome the transitional concerns of the organizations?
Human resources (HR) technology can help the Indian corporations save significantly, according to experts. PeopleStrong, an HR outsourcing and technology firm, estimates that India Inc. can save at least $600 million annually by 2021 using HR Technology.
Someone once mentioned “Good things come in small packages”. Not sure about “good”, but India Inc. can definitely vouch for the fact that ” small is powerful”. There are about 63 M small and medium enterprises in India and they are the most powerful force in the Indian economy. Not only in terms of the growth they can provide, but also the number of jobs they can generate.
Since the beginning of 21st century, our workspace has seen more transformation than it has in the previous 100 years.
With today’s ever-changing business dynamics it makes most sense to have an equally adaptive HRMS cloud solutions (or HR Management Systems) that works in sync with the business processes to provide un-disrupted flow of work.