For any business irrespective of its size, human resources, also known as HR, is undoubtedly an integral department. Nevertheless, it is often painful for HR to spread the word to the entire workforce at once using old-school methods since it requires them to move out of their comfort zones. Thus, they end up draining a lot of effort and time; thus, preventing them from focusing on other strategic tasks, eventually winning them the tag of being sluggish and inefficient.
Fortunately, advancement in technology has paved the way for some welcoming benefits for the HR department. Yes, cloud computing is one such tech trend that has gained massive acceptance in the business landscape in the last few years, which is the reason we see an exponential rise in the number of businesses embracing the cloud platforms and tools across the globe.
Best Cloud HR Software Can
HR in the cloud makes total sense! Yes, a cloud HR software can solve some of the most annoying pain points for HR. Here is a rundown on some of the problems cloud HR software can address:
1. Unifies all your HR data
Fully secure, cloud HR software serves as a single-point-of-contact for all your employee data. It centralizes all your critical HR data that is available at the click of a button from any remote location, making sure that everyone stays on the same page. HR can enjoy instant access to data for leaves, holiday details, employee information, taxes, etc. on the go. Further, as the cloud HR system stores all your data on the cloud servers and not on some on-premise datacenter, you enjoy unparalleled mobility and flexibility. Processing payroll became a lot easier and faster than ever.
2. Empowers employees
The employee self-service portal unquestionably is the USP of cloud HR solutions. The portal allows employees to view and update their personal details on the go so that your HR doesn’t have to. Whether it be updating educational, contact, and address details or applying for leaves, employees can do it all right from their cellular devices without the need to ring up the HR department. Eureka, this portal embedded with AI-powered HR chatbot, acts as the cherry on the cake. Yes, HR chatbot would take care of all the routine queries that employees shoot to HR; thus, automating the entire process.
3. Eradicates payroll bloopers
Ask any HR about his/her worst nightmare, and the answer would be payroll bloopers for sure, which often leads to unhappy and frustrated employees. Imagine the pains of HR that manage payroll for a large-scale organization having its offices spread across multiple geographies. Getting a cloud HRMS software certainly seems to be a smart move here, since it would help automate attendance/time and leave tracking; thus, taking off a huge burden off the shoulders of HR. Bid farewell to maintaining multiple spreadsheets and filing cabinets for managing time, attendance and payroll, since the software will do it all for you.
As you don’t have to invest in purchasing expensive equipment and hardware, the cloud HR solution turns out to be a lot budget-friendly HR companion. Also, there is no need to spend on additional IT and maintenance related expenses, as you don’t have to maintain it in-house. Updates are also taken care of by the vendor directly saving your IT department from the hassles of an upgrade. Most importantly, SaaS-based subscription or pay-as-you-go plans render amazing flexibility to cloud HR software. You pay only for what you use.
5. Helps your business stay statutory compliant
Whether you use more than a dozen of pre-formatted charts or reports when it comes to managing statutory compliances, you can integrate all of these into your cloud-based HR software. Generate tax and statutory compliance reports on the go with just a few clicks and import the same in a seamless manner. Never miss out on filing tax returns.
Cloud HRMS software addresses the various HR pains in a seamless and cost-effective way. Moreover, there isn’t any rocket science to implement and master its use. Lastly, yet importantly, it grows with your business, which makes it a perfect HR tech for your business.