Human Resource Management has experienced a plethora of technological advancements in the past decade, but nothing has been more impactful then Software-as-a-Service (SaaS). Many organizations have already realized that managing HR functions in a traditional approach is not the best option and is racing towards incorporating SaaS-based HRMS software or cloud-based HR systems.
However, some organizations are still not satisfied with the fact that these SaaS-based systems play a key role in easing the jobs of their HRs. They prefer using an on-premise HR software rather than opting for a SaaS-based solution. Yes, this will definitely address some pain-points, but also, trigger a whole new list of problems such as:
- Long installation process
- Complex navigation
- Hefty investment
- Increased data redundancy
- More prone to errors
Hence, its time for HR leaders to resolve all their issues with a one-stop solution, which is, SaaS-based HR tools. This software is easily customizable, enabling your business to organize and streamline HR operations at a considerably lower cost.
If you are still not convinced, we bring you the most prominent SaaS-based tools that are greatly supporting organizations in leveraging HR functions:
Recruitment and Applicant Tracking System
Right from sourcing, screening to releasing an offer letter, and onboarding, an efficient applicant tracking system will make your recruitment process seamless. Everything is just a click away, as it offers a wide range of functions such as:
- Pre-screening process
- Job posting
- Resume submission
- Email templates
- Effective candidate communication
- Interview scheduling
Attendance and Leave Management
Managing leave and attendance is a very complex and tedious HR function. Whether it’s designing a leave plan or ensuring compliance with the related laws or tracking attendance manually, it consumes a lot of time and effort from an HR professional. This is when a Leave and Attendance Management Software comes to your rescue!
With Attendance Management Software, you cannot just automate the tracking of working hours but also effortlessly manage attendance under various shifts. Similarly, a Leave Management Software as well, makes it easier for HR personnel and the employees to apply, view, and track their leave balance just with a click.
Ensuring statutory compliance is one of the major concerns of an HR professional. With the constant changes in the laws and regulations, it becomes impossible for HR to manually track and update policies in compliance with these laws.
An effective HR software will ease all these complexities by:
- Ensuring compliance with local regulatory bodies and federal laws
- Automatically monitoring changes in tax obligations
- Reviewing all the essential documents
Employee Self-service Portal
Ever imagined how effortless it becomes when employees can access attendance, leaves, payslips, etc all by themselves? They no longer need to wait for HR personnel to get this information and this is what Employee Self-service portal is all about.
Right raising concerns through the portal to viewing organization structure and policies, everything is readily available through ESS.
Performance management is one of the most critical aspects of an organization as well as its employees. When done right, it can boost employees to reach their highest potential and deliver better results. Automating this function gives more visibility for the managers and employees to track their progress and improve their performance.
With these points, we are sure that you wouldn’t agree more that SaaS-based products have brought a highly beneficial revolution in HR operations.