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What does a good HR Management consultancy bring to your business?
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The human resources department of a firm focuses on issues covering performance management, compensation, organization development, safety, benefits, wellness, employee motivation, training and many others. It is responsible for managing people and the smooth work culture of the organization. The positive development of Human resources leads to enhanced outcomes for the employees as well as the organization. There is a requirement for companies to be adaptive, resilient, customer-centered and quick to change direction. To get the business successful and meet the goals and objectives decided, human resource management is very crucial.

The HR officials hold the onus for developing various strategies to enhance the performance of the organization, career succession planning and also contribute towards employee development. A good HR management kept the employees happy and engaged in work thus culminating in the success of the firm.

Now, what does a good HR management consultancy bring to your business?

  • Management of Human Resources: Strategic human resources management is defined as the bridge that links the functionality of human resources with the desired goals of a business. This linkage ensures good performance of the organization. The human resource management works in various sectors. These sectors operate by are recruiting, hiring and managing employees.
  • Better Organizational Culture: A good Human Resource management will contribute to the enhancement of the organizational culture which is an assembly of working regulations, ethics, and values, code of conduct, company vision, tradition, and The HR management department plays an important role in highlighting the organizational culture within a company. It is responsible for drafting guidelines, procedures, and company standards. It appraises the employees regarding the same.
  • Adapting to the technology: A business is prone to a number of changes by adapting to the ever-changing With the enhancement of technology, effective human resource software for the small businesses is being put into action. These software programs are the ideal workforce management systems best suited for the small and mid-sized industries. There exists a variety of options for cloud-based HR software in India that many organizations could opt for.
  • Adapting to change in work environment: The HR is responsible to guide the employees and help stabilize the company owing to the changes. These changes cannot be sidelined, and the company needs to structure themselves according to these changes. This is where the HR management department comes into It works tirelessly by planning for changes and helping employees understand their respective roles in contributing towards a better outcome of the organization. The HR also develops a management plan for disasters, changes in workflow and reassuring employees during the disasters.
  • Efficient Training and Development: A good HR management is responsible for the training and development of employees, managing the health and safety of the employees in the workplace and also works endlessly in the recruitment processes.

Going for good human resource software would be very beneficial for the organization. Experts suggest that adopting cloud-based HR software in India instead of on-premise software is more fruitful. These systems are being recognized these days in the market for their provision of end to end solutions to all HR related issues. Thus the development and implementation of a good HR management system is crucial for your company.

Top 4 Tips to Structure Deployment of HRM Software
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These days with the rise of IT workspaces and cloud computing (including cloud-based HRMS), the need for an efficient Human Resource Management (HRM) system has become an important precondition for effective functioning. Often not all HR professionals might be extreme pros with technology.

In this sense, good HRM software can simplify tasks and give accurate results. Structure deployment of HRM software is needed over a period of time. Here’s how:

  1. Types of technology

With regards to HRM software, there are three main types of technology. These include web-based software; self-managed software application and SaaS (Software as a system) based software application. More than often in the first category, members of the company’s internal IT team themselves are involved in development and management of the software applications.

  1. Priorities of the Company

The company’s priorities and needs are essential for the structural deployment of HR software. Future plans for growth and centralization or decentralization of the business process should be taken into account too. These have a great impact on the technology deployment and optimization planning required for them. Deployment of technology types can also be affected by the geographical location of the organization or company.

  1. Provider functionality and structure

These days, many organizations make use of different combinations of providers, technology deployment types, and several other applications to meet basic HRM needs. Other companies also collaborate with third-party HRMS vendors, BPOs and point vendors.

  1. End Users

For deployment of HRM software, other individuals are also needed apart from HR professionals. These include employees, candidates, and partners who function as end users. Having a proper understanding of the needs of these end users is very useful as it ensures that the technology is being deployed correctly across different geographical locations or business units. The automation process and other features of the software can be updated in order to meet the needs of these end users.

In this manner, the right blend of deployment experts and HRM software is required for the right structural development. Easy HR provides you with the perfect HRM software that can match the needs and the priorities of your organization.

It aids in businesses in various manners. The users can enhance the workflows in the human resource department. Cloud-based HR software India can be comprehensive and flexible appropriately. This leverages the needs of your organization to a greater level.

Why Are Payroll Management Services A Good Thing For Your Company?
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A payroll management system has become a major tool that is useful for finance control. It deals with different kinds of business concepts that deal with everyone in the office like the employee’s salary, deductions, gross pay, and net pay among other things. It is popular as it is convenient and easy to use.

Therefore, in many business scenarios, we find many applications of payroll software. It further guarantees an accurate salary processing system. This paves the way for several other benefits. It functions as great human resource software for small businesses.
Here we highlight a few such reasons explaining why payroll management systems will function as a great addition to your company:

Advantages
• Planning in future

Payroll management packages can provide forecasts of costs incurred in the future. Now if you are entering a set of hypothetical numbers, a payroll management system can help you provide an exact number of the total cost of the employees. This becomes of use to plan staff costs and budgets.

• Accountability
Due to improper filing of taxes and other payroll errors, some companies can face trouble with legal authorities. Good payroll management service is useful as it lowers this burden on your company.
Payroll companies are less likely to incur penalty charges in any case of late or inaccurate paperwork. The reason behind this is that even these services need to maintain their reputation in the market and this is a major aspect of their work.

• Safety in backing up data

Keeping large amounts of data on the payroll can seem like a risk-filled business. Therefore, a payroll management system can function as a safe backup mechanism. It simplifies work by reducing the time it will require to manually store those towering piles of documents, files, and other paperwork. With payroll management services, it becomes convenient to store records to a number of databases that are available online. This means that even if a single system component or the whole system is destroyed or is hacked into, the information will still be preserved as back up storage.

• Employee calendar

Payroll management services help in setting up useful employee calendars. It can easily manage the number of days worked (including even overtime) or taken off by an employee (including sick leave). This makes planning at work seem easy as now you can keep a check on the status of every worker at a glimpse.

• Cost efficiency
Outsourcing payroll administration (also known as payroll outsourcing services) is a very cost-efficient option for small companies and firms. It mainly adds up the amount of time internal employees spend on payroll and evaluates the cost to the company. Usually, the same work is done by specialized consultants at a higher price. Now the deal with good payroll services is that they make use of sophisticated payroll software. Still, they offer their services at a lower price with a higher level of efficiency.

Easy HR has proved to be an efficient company with satisfactory performance reviews and effective payroll management services. The employees try their best to give accurate accountability in its workspace. It offers all the major advantages of payroll management that are mentioned above. Hence, this raises the chance for the smooth functioning of your company.

Bank Automation on the Go
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We are living in a digital age, where no organization or institute can be immune from the impact of automation on their operations. HR departments in the banking sector were among the first adopters of automation considering the humongous benefits that they stood to gain from introducing IT in their payroll management, annual appraisals, scheduling training etc.

Automation turned as boon for the HR as the benefits of these were immediate- huge savings in terms of time and manual labour, leading not just to loss of productivity, but also loss of opportunity in moving up the value chain.

Automation reduces operational redundancies and frees up time for the HR staff to engage in more productive work. This is the reason why several IT vendors have dedicated verticals to serve the Banking, Financial Services, and Insurance (BFSI) sectors to cater to their rising demand for automated processes., especially in their HR departments

Two years ago, the country’s largest private bank, ICICI Bank decided to automate 200 business processes across various functions. These functions included retail banking operations, agri-business, trade and forex, treasury, human resource management, among others. Globally, only UBS and Goldman were using AI for back-end automation, when ICICI Bank announced this massive digital initiative..

The same year, in keeping with its ‘mobile-first’ policy, Axis Bank tied-up with Active Intelligence Pte (Active.ai), a Singapore-based company to launch an intelligent chat bot that helps customers pay bills, transfer funds, manage credit card spends, and do a lot more via a voice interface.

According to a Deloitte report, AI tech and systems working on automation are going to be the next big disruptive force in the global financial industry.

The idea for software robotics has been in development for many years at ICICI bank, and was the brainwork of a 15-member in-house team working in  Mumbai and Hyderabad.

Such developments, underscores the massive digital transformation that’s happening in our traditional banking space. Employee transfers are now decided by algorithms, senior manager appraisals are being done by aggregating app-based instant feedback from bosses, and data from canteen purchases is also being subject to rigorous analysis to keep tabs on the general health of the employees.

Robots are handling high-volume, time-consuming business tasks

This is leading a lot of time to bankers to focus on value-added services.

The demonetization wave has not only forced the Indian economy to go cashless, but it has also brought about a deluge of work to the bankers. To cope with all this paperwork, the BSFI industry is mulling another big transformation — use of artificial intelligence (AI) to streamline and digitalize all the otherwise tedious manual tasks.

Automation, chat bots and big data analytics programmes are replacing human effort and scaling new heights in the HR departments of the banking sector. Otherwise also, with financial exclusion as high as 55-60 per cent of adult population, banks will have to hire — a number of AI and ML experts to reach out to customers in remote and rural pockets of the country, who can’t access banking services unaided.

4 new HRMS software taking over the market
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Human Resource Management System or HRMS software solution is an umbrella concept for all the HR related issues and activities that a company has to take care of. Starting from the grassroots level of recruiting and training to archiving and maintaining employee records to payroll management system – a comprehensive HRMS software entails everything.

Here we have listed four absolutely new HRMS software solutions that the enterprises now prefer more than traditional systems:

  1. Zoho People

Zoho People is slowly and steadily becoming the favourite HRMS software of small and medium-sized organizations. This cloud-based HRMS system does everything for the employees from an organizational point of view – handling project teams, payroll management system, attendance tracking and creating time sheets. It offers a 15-day free trial as well. Zoho People is extremely user-friendly, and the interface is very easy to navigate for both employees and administrators.

  1. Beehive HRMS

Beehive HRMS is yet another comprehensive cloud-based HRMS that caters to Microsoft Azure servers. It is a centrally implemented management system that runs over internet or intranet or WAN. Beehive makes it easy for tasks like maintaining personnel records, leave application and granting, timesheet and payroll management, grievances and complaints, employee appraisal. It covers the whole work life of every employee up until their retirement.

  1. Zenefits

Zenefits is catching up fast in the HRMS solutions market fast. It integrates aspects of health insurance and retirement benefits as well, along with the regular employee dashboard features like payroll management system, leaves and attendance and so on. It can be started by just filling five simple fields on the dashboard when an employee joins the team. The HRMS software will be weekly updated by the development team specialists, who are also there for round the clock assistance to the client companies.

  1. Greenhouse

The greenhouse is a different type of HRMS software – it mainly caters to applicant tracking and the recruiting function of human resource management. It helps the client companies to find the right candidate for the job. It has options where you can list down individual qualifications, skills, personality traits and other personal details. It also assists in streamlining the interview procedure and certain post-hiring activities.

HRMS has become an integral part of every business house, not only for workforce maintenance but also for attaining optimum productivity with the right allocations and project teams.

Payroll Software System
What to expect from a human resource software?
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Human resource software is revolutionizing the way we do business. Human resource software for small business or big techno giants is essential for maintaining an efficient supporting background. HRMS human resource management system can help in improving the overall functioning of the company.

What to expect from a human resource software?

So here a few benefits of human resource management software explained in a clear and concise manner:

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Training Needs Identification
Why is TNA important?
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Training is the process of acquiring newer competencies to adapt to changing needs of the market. Training must therefore always have a practical intent. Rarely does someone walk into a job with all the skills, knowledge and attributes required to perform his/her function optimally, from day one? Often some sort of induction training is required even for the most knowledgeable workers.

However just drawing up a training calendar and setting aside a budget is not enough. To kick-start the exercise, you first need to identify the gap areas and that’s where TNI comes into the picture.

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