How to Choose the best HRMS Software for your organization
We are presently living in the century where the value of time is equal to the value of money. Small and large business houses seek to reduce their cost by increasing the efficiency of their business functions. For startups, medium scaled businesses or large enterprises, the use of a proper HRMS software is most important as it helps to expedite the growth process and also, simultaneously helps to eliminate the errors which ultimately benefit the bottom line employees. The times when HR was considered to be just a paper-based task are left far behind. Today even the slightest of mistake can result in nothing less military maneuvers in the companies. With a lot of benefits for the employer, the employees and the customers alike, HRMS provide a whole new avenue of ease of functioning to its users.
As the business grows, it generally faces problems with workflow optimization, scaling, and process automation. Taking care of a company’s human resources also becomes more and more complicated as the workforce begins to expand. To handle all of the day-to-day HR tasks and the personnel and payroll needs, an organization may take advantage of a Human Resource Management System (HRMS). The HRMS is a specialized software which is developed to help in handling the HR activities of an organization so that manpower handling can be done easily and efficiently.
The market is flooded with a variety of HRMS SOFTWARE SOLUTIONS. Some of them are free, some are paid, some are cloud-based while some are server-based. Below mentioned are the details of the top 5 HRMS software that are available in the market.
Best HRMS SOFTWARES
Sage - Sage is an organization and accounting software which mainly helps small and medium scaled businesses. Earlier Sage had focussed on only developing software for the Accounting functions. Over the years the product range has expanded significantly. Their software solutions are divided into three major areas namely Payroll, Accounting, and Human Resource Management and Payments.
Netsuite: The NetSuite ERP is a complete, scalable cloud-based ERP solution while is targeted at the high-growing, mid-sized and large scale companies. It automates the front- and the back-office processes such as revenue management, financial management, fixed assets, billing, order management, and inventory management.
Bright pearl: Brightpearl is yet another cloud-based ERP system which is designed to help the retailers and the wholesalers to align their business processes, such as orders, customer data, inventory, accounting and reporting on a single platform.
Microsoft Dynamics Nav: The Microsoft Dynamics NAV is an ERP software that can suit the midsize organizations. The software offers specialized functions for the distribution, manufacturing, retail, government, and other industries. The Microsoft Dynamics NAV software offers applications for their human resources management, manufacturing, financial management, and the international sites, sales and marketing, project management, supply chain management, service management, and business intelligence. Try it for free here
Odoo ODOO is a platform which organizations can use to easily manage the functions of their company such as human resources, sales, finance, materials and warehouse management, accounting, and many other enterprise features. Try it for free her