Tag Archives: payroll

What is Leave Management Software?

Reconciling employee’s attendance is an exceptionally essential errand for every HR director and includes a considerable measure of costly time. Characterizing leave rules is not exactly where it closes but rather overseeing leaves and updating employee’s leaves all the time to keep the payroll precise is an exceptionally monotonous and tedious assignment.

The Leave Management Software rearranges the mind boggling assignment of month to month compromise of leaves of every employee and permits the supervisors and HR administrators to deal with employee’s leave effectively and methodically keeping up the adaptability.

Noteworthy measure of costly representative, supervisor and HR time is squandered in an extremely essential HR process. To deal with this here comes the leave management software with employee self-service gateway that enables workers to apply for leaves/present a leave ask for which goes to the quick detailing head. Employees can likewise see their leave adjusts and track their leaves for every month using the ESS gateway. This tool, LMS with ESS portal extensively decreases the heap on HR and rearrange the unwieldy errand of dealing with the employee’s attendance and leave on a monthly basis

Main Features -

  • Characterize Leave leads according to your leave arrangement – supports unlimited leave policies that have all standard of leave principles of an association.
  • Characterize accumulation, slip by and encashment rules – give simple and easy leave arrangement rules to accrue, lapse or encashment
  • Allocate leaves in light of client gatherings – With monthly leave adjustment user can deduct/adjust employee’s pay leave simultaneously for all the employees in the Organization
  • Transfer/Lapse Leave – Toward the finish of the year user can transfer employee’s leave & adjust to another leave. Leave likewise can be lapsed by at year end.
  • Leave Balance, Accumulation Rule – With leave amassing rule user can limit and fix employee’s maximum leave accumulation limit. Both PL and CL can be accumulated agreeing as far as possible.
  • Integration with Payroll – Leave Encashment rule can be designed in Payroll. On the off chance that an encashment is done, the sum is added in employee’s salary.
  • Online Leave Application and Approval – With electronic Employee Self Service, employee can send leave application to their HR. HR at that point can endorse/dismiss those solicitations from anyplace from online interface.
  • Integration with Employee Self Service – (ESS) give access to Employees where they can see their attendance, leave balance, OT, Salary, Personal details and so forth. They can apply for leave, attendance, Tour asks for and get it endorsed by Managers. Managers likewise can endorse, reject and Mark those requests to other senior experts.
  • Leave Reports – Keep up the records for employee’s leave adjustments. It shows employee’s opening Balance, Deducted leave, new leaves and Final Leave adjust. Leave Management Software gives leave summary, leave details, comp off details, Comp off rundown and different leave reports.

For what reasons to have a HRMS Online for your association

HRMS (Human Resource Management System) is by and large known to cover a colossal scope of HR ideas and procedures. HRMS Software is a product fit for offering colossal help to organizations to facilitate their business and payroll processes. With the regularly developing innovative technology around, it has been realized that HRMS Software online is the most recent in the line.

The current development in innovation, particularly with the cloud servers and everything to no sweat of access and utilization of online; it has prompted the improvement of a practical HRMS online Software for the associations.

Since a HRMS Software can be setup on the web, it accommodates anyplace, whenever, any gadget access and observing of the business procedure.

This is what Online HRMS Software has in store:

HRM Software in India

As of now observed above, HRMS consolidates the highlights on a HRIS Software and HCM and figures out how to be the HRIS Software you really require.

HRMS Software online includes the following features:

  • Payroll Management Software
  • Absence/Leave Management Software
  • Self-benefit (Candidate/Employee/Manager) ESS
  • Performance Management
  • Recruiting
  • Reports
  • Cloud based, anyplace whenever access in a hurry
  • Employee Management

This is what progressively that a decent HRMS online can offer:

Essential advantages of utilizing an online HRMS for an association:

  • Less difficult and Optimized Processes: A decent HRMS Software ought to account for giving an engaged and ideal answer for the business, making the intricate procedures less demanding and less difficult.
  • Try not to rely upon spreadsheets any longer: Working with spreadsheets to deal with the HR procedures of an association is an extremely dreary errand and has related support costs – HRMS Online says bye-bye spreadsheets!
  • High adaptability and ease of use: Online HRMS Software gives high & ease of use to the end-clients when contrasted with the customary HRMS Software. It is additionally exceedingly Mobile that it accommodates the development of the business. As your business develops and forms extend so does the product.
  • Secure: Security and protection are one of the key focal points that an online HRMS Software offers for an association.

Get higher employee engagement with the help of the HR software

Separation at the work environment is an issue that larger part of Managers needs to manage! As indicated by a current review by ET, an astounding 60% of representatives don’t feel acknowledged at work. That implies that over portion of the aggregate Employees in associations feel that their endeavors are not esteemed and that they are not getting due acknowledgment for their profitable commitment. Transitory augmentations, rewards and livens may work by boosting the spirit of a representative for a couple of days or weeks, yet are insufficient over the long haul. Employee engagement levels run low, and that will affect efficiency, fulfillment and at last maintenance of skilled specialists in the association. Consequently, it is indispensable for Managers to gain by the different advantages that can be collected through high engagement levels.

HR Software- OfficeNet

In this way, how about we observe some employee engagement procedures that will help in improving engagement levels:

1. Enterprise Social Networking

There ought to be a coordinated internal platform for employees to associate over expert business related issues. This will promote better general correspondence in the association, with no obstructions or impediments. An enterprise’s Social Networking System can prompt productive connections and conceptualization among employees. It can likewise end up being helpful for employees of different offices and cross capacities.

2. Performance Management System

Employees need to know how they are performing and long for valuable input. A sound and target performance management system continually gives target data to specialists about their execution. There are occasional gatherings amongst employees and their directors to give productive feedback with respect to work execution. Tutoring and Coaching are additionally successful methods for giving performance management input to employees to enhance work profitability.

3. Reimbursement Management

Employees often spend individual money related assets for association related assignments. Complex authoritative methodology in recovering their cash can leave employees de-motivated and displeased. The repayment method ought to be made consistent, straightforward and speedy, with the goal that employees don’t need to experience an unwieldy and tedious procedure to get repaid for cash spent for hierarchical purposes.

4. Effective Payroll

The compensation system of an association ought to be reasonable, convenient and in understanding to industry measures. Cash goes about as an immense spark and if employees feel that they are getting satisfactory, all around coordinated pay, they will be additionally moved to put in their best at work. Motivating forces, pay and advantages to a great extent impact and form employees conduct at the work environment, and can help in expanding engagement levels exponentially.

5. Shift Planning

Work timings of employees ought to be managed in a proficient way to advance ideal profitability at the work environment. Employees ought to be appointed helpful movements, redid as indicated by their necessities. Shift policies ought to be uniform in nature, and week by week holidays ought to be given to all staff members in order to restore themselves. Working from home and work from home are great choices for employees with family duties and will help in connecting with specialists to their work genuinely.

Employee Engagement is the new trendy expression in associations today. In the present dynamic business world, it is basic that managers go for expanding engagement levels, keeping in mind the end goal to give their association an upper hand. These straightforward techniques will go far in saddling engagement levels at the work environment.

For an HR software that solves all 5 problems mentioned above, do get in touch with us.

Do business, not HR – A higher HR solution

Human Resource Information System (HRIS) is software through which associations can deal with all HR processes and bind together employee information in a single system. There are a significant number of advantages of HRIS software, some of which are specified in this blog.

HRIS Software- OfficeNet

1. HRIS Software is practical. It spares you the cost of really contracting somebody to deal with physical duplicates of information and records.

2. Aside from employee expenses, it’s likewise truly modest and doesn’t cause an immense opening in your pocket whether you’re a major firm or a little one.

3. As this information is entered manually by the individual with authority, you can believe it to be exact. It will show precisely what was entered with no errors.

4. What’s more is that you just have to enter the information once, for example, a salary slab or any policy, and it shall be updated in many places. Any progressions made are additionally automatically updated wherever the policy has been doled out without having to physically transform it all over the place.

5. Getting data turns into an extremely quick process as you should simply sort in what you’re scanning for. The advantage of HRIS Software is that it’s a one-stop answer for every one of your questions.

6. It is really quick & easy to contrast and investigate data all together to generate reports for each employee. The nature of these reports is raised too with expanded exactness.

7. Employments of HRIS Software in association additionally incorporate declaring any modifications or options of policies, notices and any other new changes.

8. HRIS can likewise be utilized to report forthcoming occasions or due dates to each representative in one place. Representatives can likewise react with affirmations. This recoveries both the director’s and the representative’s opportunity in following each email reaction, affirming your reaction etc.

9. Looking at tracking, advantages of HRIS likewise incorporate following employee applications for repayments and leaves and view past applications alongside their status too. Managers can without much of a stretch endorse or reject demands in view of their leave adjust or data submitted while applying for reimbursements.

10. Another utilization of HRIS in an association is overseeing execution audits. Numerous audit cycles can be made for each one of a kind employee in view of their position or designation at the association. Employments of HRIS in HRM can be set aside a few minutes’ audits and evaluations of each employee in view of the survey cycle doled out to them.

11. HRIS likewise give you mechanized updates for when something is expected like an undertaking or an occasion due date or a pending employee execution audit.

12. HRIS can also store data and friends records which must be gotten by approved work force. This implies HRIS is totally secured and private data can be put away without stresses.

Alongside having various advantages, there are additionally numerous sorts of HRIS software available. These services are given in different structures — cloud-based/or on premises.

Features & benefits of HR Software

HR Software should fit within the organization culture and help to advance the goals and dreams that the organization holds most noteworthy. The features of good HR software can change from system to system, yet regularly include:

  • Employee information database
  • payroll software
  • Applicant tracking system
  • Recruitment usefulness
  • Employee Self-service portal
  • Performance Management system
  • Social HR feeds
  • benefits management
  • Task tracking and objective setting
  • Development system
  • Reporting
  • Compliance data and help
  • Employee’s lifecycle management

Advantages of HR Software

The advantages of HR Software can change broadly contingent upon the sort of software that is chosen and the subtle elements of the organization that has gained the product, however the fundamental favorable position that is shared among most is the work time that is spared doing ordinary regulatory undertakings. This time can be diverted towards more lucrative or profitable errands that assists to improve the association.

Contingent upon the product that is chosen and the path in which it is utilized, organizations may see a lessening in blunders with the disposal of twofold information section and a change in association with the presentation of electronic records. Moreover, there might be space and cost investment funds because of limited utilization of paper, paper clasps, ink, and related supplies.

Past these far reaching benefits, organizations may see benefits that come from the particular kind of HRIS or modules that were picked, similar to a change in progression planning and employees improvement in the wake of executing a robust learning management software.

Organizations that select a comprehensive HRIS solution may see various advantages that happen over a few zones of the association. Procedures might be streamlined and it might be less demanding to cross reference information relating to various components of HR that were soiled before executing a thorough HR Software.

HR Software can change the way that an organization works from within, so it is vital that an organization select the arrangement that matches the organization best.

Essential Features of the HR Software

A powerful and comprehensive HR Software that guarantees a solitary purpose of Software for your HR needs includes -

Payroll software on Cloud gives an instinctive solution that encourages you to streamline your payroll procedure and oversee it effectively with no extra venture on infrastructure.

  • Simple payroll processing with an equation manufacturer.
  • Mass import of all worker related information in a solitary snap.
  • Custom income and repayment (flexi) for particular employee groups.
  • Calculates arrears, loans and advances consequently.
  • Preparing of full and last settlement according to the Organization’s policy.
  • Access rights to make role based benefits.

Leave Management Software – This module is intended to scale effortlessly from little and medium organizations to vast ventures. It offers a computerized procedure for endorsement of leaves and update the records that can incorporate with the HR Software.

  • Make/Modify custom leave groups for various employee categories.
  • Make/Modify custom holiday groups in light of the topography and assign it to users.
  • Make itemized leave reports, leave-encashment details and leave-balance adjustments in just a tick.

Payroll software on Cloud helps you remain compliant with the most recent state/nation particular administrative laws.

  • Automation tax calculation according to the most recent law in your state/nation.
  • Include/Modify custom tax parts for every employee.
  • Import speculation and tax affirmation sheets in a single click.
  • Automatic synchronization with payroll data to guarantee compliance.

Time Management & Attendance Management – This module tracks the time and attendance of each employee.

  • Adaptable time-collection strategies to collect the time-and-attendance data of every employee.
  • Automatic time and attendance record staying with- in view of your company’s policies.
  • Absence Management solution to uphold attendance and leave strategies reliably, track irregular leave and oversee on-duty and compensatory offs.
  • Improve employee scheduling by giving you the devices to guarantee satisfactory staffing coverage, prevent employees from working outside scheduled hours and dodge unnecessary overtime.

 

HRIS Software – Employee data forms the core of any HR Software. It turns into the base for the various exercises like payroll, talent management, performance management and analytics. With HRIS Software, you can see the whole employee database in a simple to-explore screen and get all the data like employee employment history, position held and detailing structure with a single click.

Reporting & Analytics – Gives reliable insights into payroll, employee data and attrition tends for HR and finance executives.

 

  • Instinctive dashboard on the landing page, which gives you ongoing data on manpower, recruitment, attrition and other key employee related data.
  • The product has an extra component called the Query Builder to enable client to make custom reports.

Worker Self Service (ESS) is a module that furnishes employees with access to their own records and payroll details.

  • Good with mainstream programs and cell phones to empower workers to perform leave, repayment solicitations, time and participation in a hurry.
  • Intuitive dashboard that presentations helpful data like leave demands and claims submitted. Essential reports like pay slips and expense slips can be produced with a single click.
  • Secure and classified payroll data which guarantees that the payroll information of the employees isn’t uncovered.
  • Committed support group that handles all the portal related issues raised by employees.

 

Employee Management becomes Easy with Online HR Software!!

Employee Management becomes Easy with Online HR Software!!

Cloud computing is becoming prominent as it is quick & instant, advantageous and secure. Cloud based online HR Software arrangements is presently a prevalent necessity for associations as it essentially upgrades adaptability and simplicity of dealing with the advanced workforce for the HR proficient.

Highlights offered by the online HR Software:

  • Empowers the HR Manager to get to and deal with the association’s whole representative database from anyplace on the planet
  • The leave management Software can help track or know the accessibility of the worker on a specific day
  • Complete payroll points of interest will be saved in one place with total precision, which would then be able to be pushed to process compensations
  • Making of records for new employees is presently to a great degree simple with the new employee creation feature
  • Track the attendance of an employee, constant, with the Time and Attendance module
  • Right away check and favor repayments and claims of employees on the web

Pick a package according to your prerequisites:

Investigate control pressed, cutting edge includes naturally intended for simple joining and snappy usage. Streamline each HR work on the cloud, accomplish more than 80% computerization and turbo charge your association.

Time taken to encounter this automated HR Software:

On the off chance that your entire arrangement of guidelines and HR information is accessible, you can prepare the product up and running inside only 7 days, it is that basic!

Pick your arrangement, take in the advantages, and give your organization points of interest to begin on the product. Get finish preparing on the most proficient method to utilize the cloud based HR Software to expand employee productivity. The HR joint efforts an imperative part in any organization, and automating their undertaking is the correct step towards development of the association.

Effective ways of Using HRMS!!

Handing out pay checks or having salaries transferred to employee’s financial balances is a standard errand that the HR of any organization takes after. The payments are the sums that the employees receive as an end-result of their endeavors and the esteem expansion that they do to the organization by methods for their work. Giving the representatives what’s coming to them and dealing with the Payroll management software with proficiency is a critical need.

It is a result of the employees that organizations can develop and prosper and achieve their objectives. The payment system, along these lines, should be an exact and fast one. There are various courses in which the payroll software might be utilized separately from computing the pay rates and dispensing them to the employees.

Some vital conclusion might be drawn from the working of payroll software. Understand that the working of the Software is never an autonomous errand, the purpose behind this is, whether it was a free substance that the system will be unable to accomplish more than a basic number cruncher does, yet since the Payroll management software is associated with attendance software and performance management software of an organization, the product gives nitty gritty bits of knowledge into a mess of other working elements.

The quantity of hours put in by employees, what number of leaves were taken and how long were gone to, this data might be discovered with the assistance of the payroll software. How a representative performs at an event, new activities prompting business benefits and accomplishments in the activity may likewise be gauged by the measure of motivating forces and rewards the payroll software dispenses to the employees.

Every one of the parts of a business and the employee activities are co related, this demonstrates one single HRMS that works at facilitating the installment capacity of the HR, likewise serves to an expansive degree in giving a reasonable picture about how an employee performs at the activity and the consistency or the inconsistency of the representative in answering to work. Making use of a multifaceted HRMS helps in keeping the software of an association in a state of harmony and every one of the wings of a business might be taken together to work easily and effectively.

On the off chance that your expert need requires a HRM Software that is flexible while being exactness driven, you have to get your hands on the Payroll management software to take your business higher than ever of effectiveness.

Key Benefits of Cloud-Based HR Solutions

Developing number of organizations over the globe are finding that association on the cloud is “must-have” as opposed to a “decent to-have.” What we are alluding to here is the Software as a Service to demonstrate that has changed the route of many associations to deal with their human recourse functions today. Gone are the times of inward servers and file organizers flooding with employee data. Presently, organizations swing to adaptable software abilities to safely deal with their everyday HR organization on a virtual stage.

Cloud Based HR Software - OfficeNet

“I needn’t bother with a hard plate in my PC on the off chance that I can get to the server faster… bearing these non-associated PCs is Byzantine by examination.”- Steve Jobs, late director of Apple (1997)

In the event that you are not yet using a cloud-based HRMS, at that point it’s a great opportunity to figure out how this can profit your association. How about we survey a portion of the real preferences of HRMS on the cloud.

1) Cost Effective : With , there is no new equipment or Software to buy – which promptly spares organizations (at least thousands likely several thousands) of dollars that they’d generally need to spend.

  • No Infrastructure Cost.
  • No Software Cost.
  • No Expensive Upgrades.

2) Update Advantages: Refreshing on-preface Software can be a confused and tedious process, and even power the Software to be taken disconnected. This isn’t an issue with cloud-based HR Software, which refreshes flawlessly and in this manner guarantees that all clients are continually getting to the most recent (and most noteworthy!) rendition.

3) Usage Advantages: The “anytime, anyplace” favorable position of cloud-based HRMS additionally drives expanded utilization and engagement – since getting to data is quick, advantageous and simple.

4) Self-Service: Rather than investing a lot of energy and cash on usage of new highlights, a HRMS in the cloud can enable HR heads to explain their necessities with single tick arrangements. Self-service portals and additional items give more energy to group executives so they can turn components on and off as required.

5) Efficient Integration with Less Effort: Incorporating on-premise Software with different systems in nature can be a bad dream. Yet, with cloud-based HR employee benefits management software, organizations basically use the vigorous open API to coordinate systems and offer information progressively.

Presently an ideal opportunity to grasp the exceptional advantages of the cloud HRMS for your organization’s HR and Payroll needs. With the correct cloud-based HR solution, you can profit significantly more.

Do SMEs require a HR and Payroll Software??

Little and Medium Enterprises (SMEs) are extremely popular nowadays, jumping up like mushrooms. By basic reasoning, it’s protected to accept that opposition is stiffer than any time in recent memory. Considering this disturbing development, one just can’t bear to fall back without having ten others bounce in to have its spot.

The inalienable idea of any organization, not to mention a SME, is to be as proficient as could reasonably be expected. Period. This at that point makes one wonder, ‘why are a sizable lump of despite everything them deciding on manual procedures when an innovative proportional is gazing comfortable?’ The appropriate response can be ascribed to numerous theory which will far surpass the limit of this blog. So to give you the condensed variant, let’s into the key focuses that make it what it is.

In the journey for the pot of gold, we’ll attempt each trap in the book in the event that it implies it’ll get us nearer, speedier. The huge obstruction amusingly, is the easily overlooked detail that we frequently supervise as we consider it immaterial. We are discussing the path in which an organization handles its HR. Indiscriminately following the convention of contracting somebody to be accountable for HR and Payroll exercises, is the trodden way and along these lines appears like the correct approach. This said individual will do the math for what appears like an unending length of time. God restrict there are any factors to be processed, the undertaking turns into that considerably harder – repayments, leave, attendance, and so forth.

We should address the glaring issue at hand – Human Error. It’s not a pleasant feeling when you get your paycheck toward the finish of the month, just to discover there has been a mistake in the processing. The correction procedure from that point is a monotonous one that gobbles up profitable worker hours.

Advantages of a HR Software and Payroll Software:

  • Disentangles information section, spares time and diminishes mistakes
  • Save money on labor expenses to process finance
  • Employee self service (ESS) apparatus upgrades profitability as they approach pay-slips, statements, and so forth., on request
  • All your finance data is in one focal area (cloud) that can be gotten to from anyplace
  • 100% statutory agreeable so you never need to stress over defaulting
  • A single tick statements make simple work of assessments
  • Streamline work processes with total automation
  • Spare a ton more on account of the precision of a product and dispense with the need to enlist additional staff.
  • The metal tacks

To total it up, it doesn’t bode well to hold an age-old practice (at a high cost) when more current and more productive alternatives are accessible. So make this straightforward inquiry, ‘would you rather employ somebody in-house to do your payroll with the ever-exhibit danger of human mistake or would you let a cutting edge HR Software and Payroll Software carry out the activity.