People are a company’s most valuable asset yet managing them is not an easy task. In fact, human resource management (HRM) requires a great amount of emotional intelligence, business acumen, and outstanding organizational skills, familiarization with labor law practices, and a whole lot of patience, among many other things.
However, higher demands do not equate to staying with the status quo of doing things, especially in today’s more technologically-savvy economy where every business aims to do more with less time.
The relevance of HRM software
Workflow – n. the sequence of processes through which a task passes from start to finish
For a fully integrated and more cost-efficient system, a software with a user-friendly interface, cloud-based service for easier access, and uncomplicated prompts and commands can streamline your processes and help in debottlenecking your HR workflow, thus adding to your company’s competitive advantage.
Here are some of the common HR workflow challenges that you can best address with the appropriate HRM software:
- How can you streamline the process of finding and onboarding the right talent for positions needed in your company?
Through automated steps, you can constantly track your list of applicants vis-à-vis vacancies, review and approve potential candidates according to relevance, and update candidate status from interview, testing, reference checking, all the way to the job offer stage and final decision.
All these can be filled in automatically, eliminating the need for the messy business of handling multiple HR forms.
- How can you manage employees’ files, inquiries, and requests faster so that you have more time to do other stuff?
For mid-sized to large businesses, tracking employees’ personal information, compensation and benefits package, as well as requests for sick or vacation leave can be grueling, especially if handled by a smaller HR team.
Issues like these can be promptly resolved through easy rejection or approval in a single system without having to sort through numerous emails or manual forms. A cloud-based HR portal lets HR managers and employees alike to access the information that they need real-time, allowing more things to get done instantly.
- How can you better monitor performance management and compensation? How can you drive and sustain real accountability?
Regardless of the size of a business, every person’s contribution counts and, for a business to be at a competitive advantage, every person needs to be performing at his best.
With the right HR solution, instant transparency is something that an executive or manager can have without having to sort through piles of reports. This ease of access lets managers to address underperformance in the company ASAP to avoid cumulative negative effects not only to employee morale but to the company’s performance and bottom line.
As well, an HR system’s automatic email and task delegation, reminder, and tracking features allow for a more seamless roll-out of company objectives. Peoples’ performance metrics can be easily and accurately monitored so as to compensate performance accordingly or provide support and additional training where development is necessary.
With the added demands on today’s HR personnel, increasing your HR team’s productivity is a constant challenge. In businesses where the bulk of HRM is usually handled by a small group of individuals, having the appropriate software to alleviate the magnitude of repetitive tasks can free up a significant amount of time. This way, human resource managers can focus on other strategic aspects of their roles.