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Buyers Guide Content
HRMS Stands for a solution that assists organizations in tracking attendance, managing performance appraisals, payroll, workforce management, team management, leave management, etc. Businesses of all sizes can deploy HR & payroll management software to enhance productivity and employee engagement.
HR software is an automation tool for HR professionals and managers to manage a wide range of activities like recruitment, applicant tracking, talent retention, performance management, loans & reimbursements, succession planning, etc.
HRMS software is used interchangeably with HCM (human capital management) and HRIS (human resource information system). However, HRMS is a more comprehensive solution that helps manage the workforce and drives them towards higher engagement and productivity. While HRIS helps with payroll and benefits administration, HCM goes a step further in enabling learning & development strategies for employees.
The best HRMS software not only saves time and energy consumed in manual tasks but also reduces errors as well. With the help of the workforce management system software, companies can share information and update employee-related data quickly and easily.
HR software enables businesses to automate and efficiently manage key tasks and processes related to the acquisition and management of employees like onboarding, payroll, attendance, performance tracking, appraisal, learning & development, etc.
HRIS or human resource information system stores critical company documents, employee records, training modules, and other related information in a centralized place for easy access. It also provides holistic insights into employee data and reduces the administrative burden.
How to Use HRMS Software?
HR Software is being categorized based upon its functionalities:
By choosing the right HR Management System software, you can add value to your business. Since the HRMS saves the time spent in maintaining employee’ information, attendance tracking, and spreadsheet generation, businesses can use their time to maximize the quality of their service.
HRMS modules like payroll, learning management, talent management, and succession planning are critical for any business to ensure higher productivity. Additionally, HR management software provides reporting tools to analyze the performance of employees in real-time.
There is a wide range of HR Management System Software available in the market. Therefore the buyer should go through the features, relevance, size, and pricing of the software before investing. Some of the factors are discussed below:
Integration of machine learning: Many businesses are using machine learning technology to improve the efficiency of systems. The HR staff gets real-time information on the tasks and employees through machine learning. Moreover, managers can easily assess employees’ work and do performance appraisals. With machine learning solutions, the management can predict the output of an employee in the future based on previous work.
Automation through Chatbots: Chatbots can assist in recruitment processes by interacting with applicants. Chatbots are expected to augment several processes within HR as they offer a scale of communication. They can also answer basic queries on HR-related processes and policies.
AI in Recruiting: AI in recruitment is used to analyze the facial expressions of a candidate, his or her social media updates, and even sentence structuring. All these technologies help in finding the right talent for your organization with spending much time.
HR Technology to Manage Remote Employees: Nowadays, every organization is operating with a remote workforce in a certain percentage. There is an increased demand for HR & attendance software, which helps track attendance remotely and engage with employees virtually. Also, the latest HR management systems help with conducting online learning & training sessions. These help employees learn & grow in today’s online work culture.
Depending on your needs and what capabilities you already have, you can choose whether HRIS, HRMS, or HCM suits your organization.
If you want to manage employee data, procedures, and policies, choose HRIS. It offers attendance tracking, processing payroll, managing taxes, benefits (like life or medical insurance) administration, employee tracking, and employee self-service.
HCM focuses on core HR functions related to employee acquisition, management, and optimization. Main features include talent management, workforce management with options like scheduling and self-service, access to company/ employee data, and administrative functions.
If your goal is to efficiently manage the employee lifecycle process, HRMS is the better choice. It includes recruitment, onboarding, standards-based performance management, and reporting for actionable insights.
Author: Kalpana Arya
(Showing 1 - 20 of 224 products)
Still Confused?
By Keka
Starting Price
₹8,259/Month
KekaHR is developed for modern HR teams to help them scale different processes related to payroll, employee performance... Read More About Keka HRMS
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By Zimyo
Starting Price
₹3,000/Month
Zimyo is an Employee Experience Platform that offers robust HRMS modules for both HR managers and employees. The HR man... Read More About Zimyo HRMS
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Easy to Use Products
By Greytip
Starting Price
₹4,124/Month
greytHR is a comprehensive HR and payroll software that helps businesses streamline their HR processes, improve efficien... Read More About greytHR
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Price On Request
Beehive HRMS software enables HR departments of an organization to streamline and automate people operations. With mult... Read More About Beehive HRMS
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The major difference between offline and online Hr software is its installation and use. On premise HR is installed on specific system while cloud HR can be accessed via web browser on any device.
Although most of the HR software have easy to use interface with similar core functions, HR employees often need hands-on training for smooth usage.
You can use HR software to automate and streamline HR tasks like maintaining employee data, processing payroll, managing employee benefits, and so on. This software assists at every stage of employee lifecycle management, from hire to retire.
Yes, HRM software can be easily integrated with existing business systems like accounting and payroll software, applicant tracking system, biometric devices, etc. for optimum productivity.
By Realcoderz Technologies Pvt Ltd
Starting Price
₹708
Realcoderz is a comprehensive AI-based HRMS software designed for small businesses and startups. This HR management sof... Read More About REALCODERZ
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By Uneecops
Price On Request
HROne payroll software is one of the top HRMS software that helps with complete employee lifecycle management, simplifi... Read More About HROne HRMS
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Starting Price
₹2,065/Month
Farsight software is HR management software that helps an organization with core HR processes like recruitment and onbo... Read More About Farsight HR
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Starting Price
₹4,130
InfowanHR is one of the most cost-effective human resource management software available in the Indian market. This is... Read More About InfowanHR
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Price On Request
Adrenalin HRMS is one of the best human resource management software that provides insights into employees’ performan... Read More About Adrenalin HRMS
Price On Request
TrackHR is a teamwork management & performance tracker app. This performance management solution is a one-stop solu... Read More About TrackHR
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Price On Request
Spine HR software is a cloud-based HR solution that consolidates payroll, compliance, and human capital management for... Read More About Spine HRMS
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Starting Price
₹71/Month
Sphinx SHRMpro is an HRMS solution deployed by all types of organizations for its enhanced workforce management capabil... Read More About SHRMPro
By OpportuneHR
Starting Price
₹5,310/Month
OpportuneHR is an industry specific HRMS solution on cloud. Designed on 15% HR Automation principle framework, already... Read More About OpportuneHR
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By KenboxTech
Price On Request
Prajjo HR is a human resource management system deployed by businesses across industries for managing people-related pr... Read More About Prajjo HR
Price On Request
Inveck is a digitized stocktaking solution used by factories, warehouses, chains of stores/outlets, stores enterprises... Read More About Inveck
Price On Request
Humanware Technology is an all-in-one HR management software to manage the talent of your organization. It offers moder... Read More About Humanware Hrms
By PeopleWorks
Price On Request
PeopleWorks Human Resource Management system maintains all the information of an employee's journey in an organization... Read More About PeopleWorks
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Price On Request
GoForHR is a comprehensive HR solution developed for small and medium sized businesses to manage and streamline all co... Read More About GoForHR
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By Nitso
Starting Price
₹2,360/Month
Nitso is a human resource management software, offering workflow management modules for aligning employee performance... Read More About Nitso HRMS
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Starting Price
₹59/User/Month
BIZHRS is one of the largest providers of cloud based HR and Payroll Software solution. With a customer base in India a... Read More About BizHRS
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Last Updated on : 06 Feb, 2023
HR Software is popularly known as HR Management software. It helps in monitoring and managing employee data. Common hr functions include payroll, tracking and recruiting. Hr Software is also known as HRMS - Human Resources Management System and HRIS - Human Resources Information System.
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HR Software Cost | ||
---|---|---|
Best HR Software | Price | Ratings |
Keka HRMS | ₹8259 /Month | 4.7 |
Zimyo HRMS | ₹3000 /Month | 4.7 |
greytHR | ₹4124 /Month | 4.7 |
REALCODERZ | ₹708 | 5 |
Farsight HR | ₹2065 /Month | 4.7 |
InfowanHR | ₹4130 | 4.9 |
OpportuneHR | ₹5310 /Month | 4.7 |
Nitso HRMS | ₹2360 /Month | 4.6 |
BizHRS | ₹59 /User/Month | 4.6 |
P
Priyanka
review for Keka HRMS
"Really easy to use and can customize according to business requirements. This has made managing our daily tasks efficient."
RF
Rubina Fatima
review for Zimyo HRMS
"I was having a very tough time to select the best software.. but after comparing many other database I found this great tool."
MA
Monika Agarwal
review for greytHR
"GreytHR is a highly helpful tool which help me in my every day tasks."
NM
Neha Mishra
review for Beehive HRMS
"Beehive Software has all features start from hire to exit management with complete payroll automation. Centralize all HR activities at one place. Highly recommended"
S
Srishti
review for REALCODERZ
"All in one solution to all the HR related issues. Easy to handle, Mobile app supports Android and IOS. Assessment feature for employee skill building."
Payroll Management Software| Attendance Management Software| Leave Management Software| Recruitment Management Software| Grievance Management Software| Applicant Tracking System| Performance Management System| Workforce Management Software| Training Software| Corporate Learning Management Systems|
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Yes, you can purchase customized HR software as per your requirement. For Example, if your primary need is to process employee salary and taxation, you can choose payroll management, leave & attendance modules.
Annual maintenance fees are applicable only for on-premises software licences purchased by the company. If you’re paying subscription fees for cloud HR software, you do not have to pay annual maintenance fees on them.
eHRMS stands for Electronic Human Resource Management System that helps businesses in managing their workforce related information and processes digitally.
Some of the most popularly used HRIS system in India are: Webtel HR Pearls, BizHRS, Spine HRMS, OpportuneHR, PeoplesHR Turbo, Farsight HR.
HR management software is important to manage your workforce and ensure higher productivity and engagement. HRMS helps manage leave & attendance, performance appraisal, training, recruitment & onboarding, succession planning and offboarding of employees.
HR software is a solution to streamline all tasks and processes related to employee management in an organization and achieve improved business productivity.
HRIS stands for Human Resource Information System. HRIS helps manage employee information, payroll, benefits administration, reporting, tax compliance, and workforce policies.
HCM stands for Human Capital Management. It includes core HR functions along with advanced capabilities like talent acquisition, training and development, succession planning, recruitment budgeting, and more.
HRMS stands for Human Resource Management System. HRMS focuses on employee lifecycle management including recruitment, onboarding, performance management, leave & attendance, payroll, and reporting.
HRIS system primarily focuses on payroll, benefits administration, tax compliance and other employee-related financial tasks. On the other hand, HRMS is a comprehensive solution that includes HRIS modules along with performance management, recruitment, onboarding, employee engagement. HCM further includes advanced employee management functionalities like talent management and succession planning, absence management, etc.
Key features of HR software include employee database management, lifecycle management, payroll processing, recruitment & onboarding, training & development, performance management, grievance handling, etc.
Bamboo, Spine HRMS, PeoplesHR Turbo are among the most popular HR software. It is easy to use and covers a vast range of features. These solutions enable HR professionals to streamline tasks like employee onboarding, applicant tracking (AT), benefits administration (BA), HR reporting, and performance management.
According to popularity and user reviews, the top five HRIS systems are: Webtel HR Pearls, BizHRS, Spine HRMS, OpportuneHR and PeoplesHR Turbo.
HR professionals often use Human Resources management Systems to effectively manage employee-related data and processes. Examples include Zoho People, Webtel HR Pearls, BizHRS, Spine HRMS, OpportuneHR and PeoplesHR Turbo.
HR software is important for businesses to manage the workforce and ensure higher performance and employee engagement.
Some of the most common HR systems are Webtel HR Pearls, BizHRS, Spine HRMS, OpportuneHR and PeoplesHR Turbo.