What is cloud HRMS?

Cloud HRMS is an online cloud-based modern system usable for PC and mobile devices. It has generation demand facilities that a client wants. It’s a set of software applications that support HR processes throughout the employee lifecycle, from the hiring process to payroll, timecards to taxes, employee development to performance reviews, benefits, compliance, and more.

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Companies can manage a wide range of people-related activities all in one place, increasing efficiency, and most importantly, enabling you to better understand your workforce and make more informed decisions around it. The result: happier, more engaged employees who ultimately perform better for your business.

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What are the benefits of HRMS?

• First of all, if we take the example of the present scenario of work from home, then it has made HRMS a must-needed requirement for the entire HR community. During these lockdown conditions, HR face issue in computing the work expenditure to keep income as per the employee’s Key performance indicator (KPIs). This challenge can be solved by using an HRMS which allows HR professionals to practice self-management skills and precise monetary information announcing.

• Secondly, it reduces the work burden for HRs. The primary function of the HR department is to keep an eye on the employee’s pay rates, skills, capabilities, successes, and much more, and if HR substitutes such specific duties with HRMS then it can reduce their workload to a great extent without hampering their work process.

• The third one is that having HRMS handling actual activities is a common factor among various companies as there are not many companies that have done well without some form of HR automation setup. HRMS accessibility has transformed modern HR divisions, placing everything at the fingertips of the employees and the administrators.

• Lastly, we see handling HR management manually is not impossible. It is possible to handle HR tax manually to some extent. But with an automation framework, there will be a noticeable increment in how your company is perceived in the modern commercial industry. Therefore, choosing and implementing the proper HRMS may have a significant impact on future developments and accomplishments.

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More such reasons make HRMS more beneficial for every HR profession, and they are as follows:

1. Company management: It simplifies complex organizational activities and processes in a specially designed workflow, which helps you to manage companies’ information about departments, designations user accounts at your fingertips.
2. Biometric integrated attendance: biometric integrated attendance integrates your employee attendance with essl biometric system. It selects the employee punch timings uploaded directly onto the cloud server. It manages the attendance and timesheet with elaborate reports.
3. Customer management: Customer management manages your customer’s data, invoices, sales, receivables, and payables information all in one place.
4. Cloud-based: HRMS system is cloud-based and all your data is safe and secured on a dedicated server. You don’t have to worry about security.
5. Employee management: Employee management handles bulks of employee information like profiles and personal documents, educational and employment details, on-boarding, and training materials. It reminds you of expiry dates for relevant documents.
6. Leave management: Leave management configures the leave structure of the employees effectively which makes the leave process extremely smooth at both ends. It supports the accumulated leave process efficiently.
7. Manage expenses: After taht,Manage expenses handles accounts with ease. It enters your regular direct and indirect expenses and manages accurate amount balances.
8. Intuitive dashboard: Intuitive dashboard provides a quick overview for admins and employees with detailed statistics and graphs. It manages all of your data on one screen.
9. Hassle-free recruitment: Hassle-free recruitment scans internal positions within departments. Shortlist criteria manage lists of applicants and schedules interviews.
10. Project management: Project management creates and manages project information, tasks, milestones, and timelines, uploads documents, assigns tasks to employees, and tracks the task status.
11. Payslip management: Payslip management processes pay slips of employees with print and email facilities. It integrates the payroll system with leaves and attendance.
12. Detailed reporting: Detailed reporting provides extensive analytical and drilled down reports for attendance, accounts, receivables, leave roster, and for many other relevant requirements.

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As a whole, HRMS will help a company to take care of their employees properly, which will eventually help for the rise of the company’s growth and economy. We at Greenedge computers provide you with the best HRMS service in Dubai.