A HRMS (Human Resource Management System) is a combination of systems and processes that connect human resource management and information technology through HR software. A HRMS may help to revolutionize a workplace.

HR software is software that attends to the information and processes required to manage employees within an organization. This information and these processes must be managed within every organization to ensure that employees are properly paid and that all labor laws and hiring laws are followed.

Types of HR Software

  • Human Resources Information Systems (HRIS)
  • Human Resources Management Systems (HRMS)
  • Human Capital Management (HCM) software
  • Applicant Tracking Software (ATS)
  • Learning Management Systems

  • Payroll

    Payroll is often the biggest organizational expense, so managing it effectively using HR software can save time and trouble while helping to avoid employee dissatisfaction caused by errors. Integrating time and attendance software and scheduling with payroll functions can help a company to better control labor costs, overtime, and compliance issues like number of hours worked by minors. Analytics based on these types of integrations can enable better real-time decision making and planning.

    Functions of payroll software include automatically calculating withholdings or deductions, processing direct deposits, voiding payments and generating tax forms and other reports. Some systems also feature check printing capabilities.

    Experts say organizations that use payroll software reduce cycle times and manual errors.