5 Benefits of an HR Management Software

Human resources management software can provide a cost-effective solution for small businesses. In today’s hybrid working environments, a HR management platform helps organizations to streamline their HR operations. 

In this post, we'll take a deeper dive into the ins and outs of HR management software, and how to go about choosing the best option for your business.

What is HR Management Software?

HR management software, often referred to as an HRM, is a powerful tool for keeping a workforce engaged, informed, and connected. It can provide your team with an all-in-one database to oversee employee records, benefits, payroll, recruiting, and emergency updates.

What Are The Benefits of an HR Software?

Here are some of the major benefits that HR management software can bring to your organization:

1. Centralized employee records and information. Many HR teams currently rely on spreadsheets to manage individual employee records. This method, however, can lead to a whole host of problems. Spreadsheets are often tricky to track down, update, and organize, and their incompatibility with other apps and employee databases can make them a drain on precious time and resources. An HRM, on the other hand, allows teams to update and organize employee records from a single, centralized database. This feature, in particular, will become increasingly valuable as organizations continue to work with a hybrid workforce.

2. Employee self-service. It’s important for employees to be able to easily access their personal records, tax information, and PTO requests. Through an all-in-one HR platform, your employees will be able to take control of their personal information while working in-office or remotely.

3. Individual benefits management. If your business offers employee benefits and perks, adoption of those programs is key. A sophisticated HRM platform can help ensure that employees are able to access their benefits and make changes as neededYou’ll also be able to provide your employees with the information and resources that they’ll need, all in one place.

4. Streamline and secure your payroll management. It can be a challenge for many small businesses to manage payroll in a timely and organized manner. Thankfully, an all-in-one HR platform makes it easy to distribute, manage, and oversee a payroll system for your workforce. It can also increase the security of your payroll system with data encryption and password protection.

5. Simplified onboarding process. Many employers are in need of talented candidates who will be able to contribute valuable skills but may not be within office commuting distance or prefer to work remotely. A streamlined, online onboarding process can save your team a significant amount of time as you continue to communicate with and ramp up new employees. 

How to Choose an All-In-One HR Platform

With so many different HRMs out there to choose from, how can you be sure that you’re investing in one that will be a perfect fit for your organizations’ unique needs, budget, and business model? 

The trick is to understand the idiosyncrasies of your HR department, and to choose a platform that will be able to accommodate each of them. 

With that in mind, there are a few key questions that you should keep in mind when you’re setting out to find an HRM:

• Is it cloud-based? In other words, can it be accessed easily by your remote employees and by prospective job candidates?

• Will this HRM be able to meet the unique needs of my HR department? No two HR teams are exactly alike. In the same way, HRMs vary in terms of design, scalability, and specific features. So before you decide to implement a particular HR platformHRM, be sure to check out and compare a few different options. 

• Does this platform offer the tools and resources that matter to your team? It’s important to integrate an HRM that will serve not only your HR team, but your entire organization as well. Consider whether you need specific capabilities, like time tracking or certain integrations. Also consider what perks can help you attract and retain talent — some HRMs may actually provide offerings that give you an edge. 

The Best HR Software for Small Businesses

At Justworks, we’ve designed our HR software with the needs of small businesses in mind. We’re aware that it’s important for these businesses to be able to rapidly change alongside their industry, which is why we provide some of the most dynamic and flexible HR solutions available. 

Justworks PEO is our all-in-one payroll and benefits platform, which includes a robust offering of HR tools to help your business grow. It's all backed by 24/7 customer support via phone, email, and Slack, and our team of certified HR professionals are standing by to provide your team with tailored HR guidance and best practices. Get started today.