HR & PAYROLL MANAGEMENT SYSTEM

DEFINITION

WHAT IS HR & PAYROLL MANAGEMENT SYSTEM

hrms

A Human Resources Management System (HRMS) is also known as Human Resources Information System (HRIS) or Human Capital Management (HCM). It is a form of Human Resources (HR) software that combines a number of systems and processes to ensure the easy management of human resources, business processes and data. Human resources software is used by businesses to combine a number of necessary HR functions. Example, storing employee data, managing payroll, recruitment, benefits administration, time and attendance, employee performance management, and tracking competency and training records.

Generally, human resources management system ensures everyday human resources processes are manageable and easy to access. Besides, it merges human resources as a discipline and its basic HR activities and processes with the information technology field. However, the programming of data processing systems evolved into standardized routines and packages of Enterprise Resource Planning (ERP) software.

Moreover, Payroll Management System is the system by which an employer can manage the salaries of the employees. It includes salary, allowances, deductions, and net payable to the employees. It also deals with the generation of payslips. Complicated Computations that are performed manually can be automated using the payroll system.

Instant-ERP provides more quality products and services with rich user experience. Feel free to explore our site and drop your enquiries.

FEATURES

WHY INSTANT-ERP’S

HR & PAYROLL MANAGEMENT SYSTEM

Instant-ERP offers all-in-1 Human Resource Management System (HRMS) which consists of all the must have features for Human Resource and also Payroll Management Systems. All the features are integrated to each other which enhance the functionality of HRMS and reduce the cost. Instant-ERP’s HR & Payroll Management System is the best all-in-1 package to manage from a small group of employees to very big number of employees.

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Manage Attendance

  • Take Employee Attendance
  • Generate Attendance Report
  • Sort Employee by Departments
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Manage LEAVES

  • Submit Leave Application
  • Approve/Reject Application
  • Notify Application Status

RECRUIT MANAGEMENT

  • Manage Job Offers
  • Review Applicants
  • View Applications
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Messaging

  • Send Emails to Employees
  • Compose Private Emails
  • Messaging with Employees

Payroll management

  • Generate Payroll for Employees
  • Add Allowances & Deductions
  • Generate/Print Pay Slips

Notice board

  • Create Notice
  • Provide Description of Notice
  • Employees Get Notified Instantly

time tracking

  • Timesheet Timer
  • Access Logs
  • MIS Reports
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reports & analytics

  • Generate Custom Reports
  • Multiple Filters for Reports
  • Generate Absence Reports

Expenses

  • Generate Financial Report
  • Create Expense Category
  • Generate Report by Categories

Training

  • Create New Training
  • Assign Employees for Training
  • View Training Report

accounts

  • Multiple Roles
  • Manage Profiles
  • Reset Password

settings

  • Customize System Settings
  • Language Support
  • Email Settings

BENEFITS

HR & PAYROLL MANAGEMENT SYSTEM

EASY TO PROCESS

Firstly, Instant-ERP’s HR & Payroll Management System makes the tasks easier by integrating all the features to each other.

Moreover, it already have enough information to feed all the information of employee to get the data. For instance, calculating wages, finding taxes, paying taxes to the government, financial records which also includes the bonuses, deductions and net pay.

Besides, these informations can be used for future references or verification for employees.

PERFORMANCE MANAGEMENT

Secondly, Instant-ERP’s HR & Payroll Management System records the performance information of each and every employee.

Besides, it helps employers to identify each and every employee performance and skills which helps the management in scheduling training according to the needs and requirement of each employee.

This type of employee performance review can be highly beneficial when it comes to planning and overall productivity improvement.

OPTIMIZED PROCESS

Thirdly, HR & Payroll System helps companies to reduce the number of employees who are manually working in the maintenance of the attendance, salary, working hours and income taxes.

Frequently repeating the payroll tasks sometimes lead to boredom and results in the error.

So, it is always advisable to optimize the process so that accurate information is available.

ACCURACY

Most importantly, Instant-ERP’s HR & Payroll Management System help business enterprises to control the errors in payroll process.

Payroll process is used to get more accurate data; inconsistency can be easily tackled.

It will provide only accurate data which will minimize the errors and maximize the effeciency.

INTEGRATION

Finally, organizations will develop different systems for different functions as their business grows.

Over time, it will be hard to manage since there are many systems to handle and this may leading to duplicate entries as well.

Consider looking at a system that combines all components into a ‘single point of truth’ about your employees like Instant-ERP’s HR & Payroll Management System.

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