Human Resources are those constituents of an organization that take care of the human facets and needs of all employees within that organization. Key functions of HR in an organization are:
Employees are the significant assets and the primary promoters of profitable business for an organization. Hence, apart from managing clients and customers for business purposes, it’s a decisive responsibility of an organization to manage and fulfill all needs of its own employees. It would be improper to say that a CRM system is only used to manage clients and customers; most of the HR heads or managers are using CRM technologies for managing company’s human capital. This approach is called Employee Resource Management (ERM). An ERM is a business process that fills gaps between an organization and its employee to create a strong emotional and professional bonding among them.
Human Resource (HR) Management Software, also called Core HR, include the following:
These systems are also referred to as back-end HR systems since they help manage key administrative HR tasks, and are essentially the employee system of record. These core tasks are distinct from strategic HR tasks like performance management, recruiting, talent management, and learning management.
Provision of an employee portal allowing employees to view and update their personal information. This removes a considerable administrative burden from HR staff.
Some human resource management software has the ability to keep a record of assets issued to employees
The record typically includes asset type, number, serial number and date of issuance.
HR reporting has come to be seen as more important than ever as HR data is now seen as strategic to the running of any business. Some vendors build their own reporting capabilities, while others partner with BI vendors to embed 3rd-party functionality.