We all know how human resource solutions are gaining popularity lately. More than 300 companies in India have already left traditional tools behind and switched to HRMS. But a good number of businesses are still unsure about this transition. This is mainly because there are various ongoing myths about such software. Obviously, implementing technology is a big step but letting go of ample benefits on the basis of myths is purely illogical. Like a wise man once said, Beware of false knowledge; it is more dangerous than ignorance.
In this blog, we will talk about the top 5 misconceptions about HRMS and the true facts you should know.
It Can Only Be Used By Large Companies
This is one of the common misconceptions in the business world. The one who has used HRMS software will consider this myth as a big joke. The truth is that such software is designed for every company, regardless of size and type for monitoring software for employees . Be it small or big, any business can implement HRMS and even customize them according to their needs. Obviously, the features vary from system to system, however, the benefits are the same. Every human resource management software allows companies to cut down their administrative burden and ensure accuracy in the long run.
It Is Expensive
Although this myth is totally wrong, many employers will still disagree with us. The reason these employers assume HRMS implementation is a costly affair is due to numerous costs including purchasing costs, installing fees, maintenance fees, etc. True, there are certain costs involved in it but what most employers do not realize is that these expenses are mostly one-time and are way too affordable than hiring new employees for each and every operation. Furthermore, HRMS is always a one-time investment and once a business has the right system in place, it will manage and perform every task on its own. Need to mention, at present, one can even find a host of software at different prices, from high end to free ones, that will go with any budget parameters.
It Is Not Safe For Storing & Managing Data
This is one of the most senseless misconceptions on this list. The reality is that HRMS software is the safest platform to store sensitive information of a company. From employee data to payroll details, cloud-based systems offer 100% security in the long run. In fact, such systems help companies to ensure zero errors and frauds, thereby preventing legal problems.
It Can Be Only Used By Experts
Myths are myths, no doubt about it. Because human resource management software is easy to use. No company will require training to access such systems. HR managers, in particular, will find it really convenient as there will be no paperwork. HRs will be able to carry out every routine task just in a few clicks.
It Reduces The Interaction In A Workplace
No HRMS cuts down communication and collaboration in the workplace. Truth be told, it actually eliminates unnecessary interactions. For instance, when a company uses a manual system of payroll processing, employees will reach out to HRs for every trivial issue including deduction queries, payslip requests, and whatnot. All these come under unwanted interaction that wastes the time of both employees and HR managers. HRMS, on the other hand, significantly eliminates every possibility of uncertainty. While HRs can transfer employees’ salaries within minutes, employees can download their payslips from the system whenever they want.
In addition, HRMS systems promote robust communication. Since they can be used via any device, it becomes easy for everyone to stay connected anytime, anywhere. Plus, unlike traditional tools including emails, phone calls, etc., HRMS is fast and efficient.
These were some common myths about human resource management software. We hope this blog helped you to acquire a clear understanding of HRMS. Since HRMS software has opened a new window of opportunity for a number of businesses out there, you too should take a step ahead and allow your workforce to focus on strategic business objectives rather than wasting the majority of their time in time-consuming HR tasks.