Online HRMS Software: E-HRM & SaaS Based HRM Solutions

 

Online HRMS Software:

E-HRM & SaaS Based HRM Solutions

Online HRMS software has boomed at the same time as other cloud technologies. This is not surprising as analytics firms such as Gartner predict a continued increase in business solutions in the cloud and predict that 60% of large and medium-sized companies will have their solutions in the cloud by 2025. In this case, the software of Human resources online offers options to reduce the burden of routine operations within the HR department, such as staff salaries or the management of vacations and leave. But what is considered online HRMS software? What elements does it bring to companies?

 

What is considered online HRMS software?

Online human resources software or E-HRM (Electronic Human Resource Management) is one that is used online, usually through a cloud or external hosting. Most of these applications are based on traditional on-premise versions of the same software, which have transformed their deployment model as a way to simplify certain aspects of the program. In online human resources software, these aspects mainly refer to costs, which are usually lower than those of on-premise versions, as well as the inclusion of more options for remote use. In the HR Software Guide You can find the budget of different options of HR software online and on-premises to check the differences between both types.

 

The cloud: main HRMS trend

Most human resources programs on the market have been including options for cloud management, to the point where some providers are now only offered online. This is driven by the popularization of cloud systems since 2009 and other aspects directly related to this type of system. For example, Meta4, one of the manufacturers of HRM systems, has changed its business model from a traditional licensing system to a  purely cloud-based SaaS system . For this, it has made pertinent modifications to its system that allow continuous updates to its system in the cloud and has turned it into an online multi-tenant application.

 

Benefits of using online HRMS software

The introduction of cloud systems brings great benefits to employees, those responsible for HR and the companies themselves. Thanks to functions such as employee self-service and manager self-service, actions that were previously entirely the responsibility of the HR department have been simplified , such as:

 

·         Thanks to employee self-service, employees themselves can register requests for vacation days, training programs, and issues related to wages and payroll. In this way, periodic tasks within the HR department are simplified in order to focus efforts on other more relevant factors.

 

·         On the other hand, the manager's self-service will provide direct and organized control of personnel management. In this way, it is possible to approve or reject requests for vacation days, promote promotions, check employee performance evaluation and other key functions within the HR department.

 

·         Thanks to these portals and a correct management of the information flow between them, the waiting times for requests within the HR department can be drastically reduced. This leads to higher productivity and overall satisfaction for both HR managers and the employees themselves.

 

Mobile and E-HRM

The introduction of smartphones and tablets in the daily lives of millions of people is also reflected in the field of online human resources management software. Many applications are seeing how their move to the cloud is accompanied by mobile applications, with which to take advantage of the possibility of access from anywhere. In this sense, many of the requests that previously could only be made within the company, such as holidays, are now accessible from the mobile phone.

 

In addition, some of these applications also include other more specific functions, such as an event or meeting planner, monitoring of activities and attendance, notification of changes in work hours or employee birthdays. However, many of these functions may be excessive for the use that will be given to the system in the company, so a study of the real needs of the company must be carried out before deciding to implement any online human resources software. In the HR Software Guide 2021 you will be able to find the problems that can appear when not making a correct analysis of the needs of your company when choosing an online human resources software.