Why you should invest in a HRIS - EmployeeConnect HRIS

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Why you should invest in an online HRIS

It is fair to say that nothing happens in the business world without good reason. For business leaders, this presents a unique challenge where the consequences could be dire.

On one hand, enterprise heads can react to what is occurs with innovative and clever thinking – matching the thoughts of their industry and target audience. Alternatively, leaders can put their head in the sand and watch their organisation slip behind the competition. Of course, this is exactly what is happening around HRIS (human resource information system).

With more and more organisations working with HRIS providers such as Employee Connect, these enterprises are reacting proactively rather than retrospectively, giving them the best chance to remain strong in changing market conditions.

So, why should you invest in an online HRIS?

Time Management

It is firstly important to point out the benefits around time management. Over recent years, the life of those in HR departments has grown in complexity under the amount of paper-based processes to complete – payroll, recruitment, compliance management, employee development and training, just to name a few.

With many HR departments continuing to take a traditional approach of managing information, it can simply waste time to locate, view and edit these paper-based requirements. As such, HRIS is a true gamechanger, allowing HR professionals to streamline and simplify necessary processes.

Compliance Management

We now operate in an environment where compliance has taken on a new level of importance. From workplace health and safety to payroll reporting, HR departments must adhere to state and national regulations while tracking and updating this information, when appropriate. Of course, it is hard not to mention the penalties and fines that businesses face if this any details have been omitted or mistaken.

With the help of HRIS and Employee Connect, compliance management is made easy. As well as tracking which regulations need to be met, information can be updated from anywhere around the world, by any member of your team. It is also vital to note that taking compliance onto a digital format allows enterprises to receive updates to when tax, employment or workplace safety laws change.

Employee Self-Service

In today’s technological world, employees across the organisation are capable of managing various parts of the HR process. By using an online tool like HRIS, routine administrative tasks can be streamlined and power can switch to the employee rather than the HR department. There are a number of benefits of this changeover.

The increased use of employee self-service allows the workforce to take the driving seat on important areas such as career planning and training/development. If employees are more engaged with their role within a company, there is a higher chance that they will remain loyal and committed in the long term.

Alternatively, this frees up time for HR professionals, meaning they can focus on more strategic tasks that are vital for business development.

SaaS or In-House?

When it comes to HRIS, there is often a debate around whether SaaS or In-House systems are better. While we at Employee Connect are biased towards the SaaS, there are a number of advantages that this system has over the alternative. These include:

Cost of deployment

For an on-premise solution, business leaders will need to invest in both hardware and software, where SaaS simply requires the use of the internet and is paid using a pay-as-you-go model.

Funding

SaaS systems can be classed as an operational expense which means that the internal approval process can be quicker. On the other hand, an on-premise solution is a capital expense where getting funding and budget allocations can take a significant amount of time.

Support costs

As a HRIS or SaaS solution is maintained by Employee Connect, all updates and patches are included as part of regular consumption costs. This might not be true among on-premise versions where annual service charges apply. SaaS no longer means one size fits all, with our toolkit you can effectively build your own processes without the cost of customisation. Personalise, not standardise is our mantra.

Learn more about the benefits of Online HR Software.

Now that you’ve learnt more about the benefits of investing in a HRIS software, you might want to learn how to select the right HRIS for your business structure.