SaaS Products All HR Departments Must Have In 2020

The human resources department is one of the most important non-core functions of any business. As a result, in most cases, the HR department of any organisation has a lot of responsibilities to handle. 

From processing payrolls to keeping track of attendance, from recruiting fresh talent to employee engagement, the functions of HR are critical to ensuring smooth functioning of the business machine.

To this end, it is important for business owners to ensure their HR department is equipped with the right tools to carry out their responsibilities with maximum efficiency.

As SaaS products become more affordable and accessible, even for small businesses, it only makes sense to take advantage of them to maximise the efficiency of your HR department.

In this article, we will discuss three essential tools that have almost become a necessity for modern HR departments. 

Let us begin:

Payroll Software

The variety of payroll tasks involved in calculation of an employee’s salary are time consuming and have a lot of scope for human error. Such errors can cause serious miscalculations in an employee’s salary which can in turn, ruin the reputation of your organisation.

Modern payroll software is designed to automate the whole process with minimal effort. From processing salaries to calculating the tax returns of your organisation, a payroll software can take care of it all. These software can be customised to the specific regulations applicable to your business, along with any special rules that are applicable to the calculation of the salaries of your employees.

This way, you not only eliminate the scope of human errors from the process, but also free up the time of your HR department to focus on other critical activities.

Learning Management System

One of the most important functions of an HR department is to overlook the learning and development of the employees. A learning management system enables them to do this task efficiently. A learning management system is a platform that is used to store, share, and manage training content. 

These online training software enable learning administrators (HR associates) to enroll learners (employees) and assign different training curriculums to them. A learning management system also offers features like gamification and blended learning that allow learning administrators to create an engaging learning experience.

Additionally, these tools come loaded with tracking features that allow learning administrators to track the progress of different courses, as well as the progress of different learners. 

This way, they can pinpoint the areas where the course curriculum can be optimised for better retention and comprehension. These tracking capabilities also enable training administrators to identify learners that need special attention and tailor their learning experience according to their needs.

Time Tracking Software

At a time when teams are forced to work from their homes, tracking their productivity is one of the most essential jobs of the HR department. ONe of the most efficient ways to do so is with time tracking software.

The applications of a time tracking software aren’t limited to this time of social distancing. We’re living in a gig economy and working with freelancers is becoming an increasingly common practice. In order to make sure your company is not being billed unfairly, your HR department will need a time tracking software to track the hours of the freelancers that work for your organisation.

Conclusion

Tracking time and processing payrolls are two of the most time-consuming tasks of an HR department. By automating these, you can make your HR department much more productive, and use their potential for more important tasks. On the other hand, effective employee training is next to impossible to carry out without the help of a great learning management system.

Are there any tools that your HR department uses that we haven’t mentioned in this article? Share them with us in the comment section below!