As a nonprofit or SMB, you may think that cloud solutions for HR are either too complex to implement or not suited for your organization. However, cloud-based HRIS (Human Resources Information Systems) are easily scalable, secure and cost-effective. No hardware is needed for implementation or access. As long as you have Internet service, you are able to gain access to your records 24/7. So, even smaller organizations can benefit from them.
“Although most HR departments are already utilizing software technology for payroll and benefits administration, many of these solutions are standalone and cannot be integrated into a workflow model. This results in a group of siloed applications that have the potential to create even more work. To overcome these issues, it’s important for organizations to implement a single, cloud-based HRIS.”
Let’s take a look at why you should learn more about HRIS and the reasons to invest in them.
Five Benefits of HRIS
- Single source of truth for HR records.Records housed in an HRIS allows for a single source of truth, providing centralized storage that may be accessed by employees virtually from anywhere. Most platforms provide for employee, manager, organizational leader and HR professional-specific permissions in the workflows. If your organization still maintains personnel records in hard copy format, you should consider an HRIS platform.
- Streamlined payroll management. Employees enter their hours into the system and managers can easily track, review and approve hours for payroll processing. No need for numerous Excel spreadsheets.
- Effective management of benefits programs. The HRIS system will automatically send reminders to employees, assign tasks for missing documentation or provide reminders about reviewing benefits once enrollment season comes around. Many platforms provide seamless integration with payroll processing for a smoother workflow.
- Efficient recruitment and onboarding of talent. Time savings and efficiency are significant benefits as recruitment, hiring and onboarding can all be done in one system. Recruiters and hiring managers will be guided on the hiring process and calendars are easily synced for employee interviews with candidates.
- Comprehensive assessment and monitoring of employee performance. The HR team can easily deploy employee self-assessments and alert managers to conduct scheduled reviews utilizing documentation present in the system. Both team members and managers use the same system and have access to the same assessment and performance information, enabling transparent and fair evaluations and conversations.
Interested in learning more? Speak with one of our HR consulting experts at LTD Global to learn how you can leverage HRIS and determine solution for your needs.