Your employees are the most valuable resources your company has. Employee management ERP software can help you manage employees and keep them happy by assisting you with every aspect related to recruiting, training, and retaining top talent.
As your company grows, employee management will become an essential part of its success. The right employee management ERP software can help improve your employees’ hiring and onboarding experience while ensuring that they stay with the company for the long term.
What Exactly is Employee Management?
To start with, let’s clarify what we mean when we talk about “employee management.”
Employee management is the process of ensuring that employees can do their jobs in a way that maximizes their contribution to the company.
Typically, employee management tasks are performed by human resource (HR) professionals. However, smaller companies and startups might rely on other departments to manage employees. In some cases, the CEO takes on the role of employee manager.
Regardless of their title, the person who manages employees looks after every aspect of their employment, including recruitment, training, payroll, benefits, disputes, and terminations.
An employee manager has many responsibilities, such as hiring new employees, monitoring their performance on the job, reviewing them for promotions or pay increases, defining their benefits package, and addressing any grievances they might have with regards to their work environment.
The Different Types of Employee Management ERP Systems
Employee management is a crucial aspect of running a successful business. Unfortunately, it is also one of the most demanding and undervalued jobs in an organization. That’s why it’s so important to have the right system in place to ensure that the company is running smoothly.
Fortunately, today’s HR teams and employee managers can streamline tasks with employee management ERP systems that are designed to reduce human errors and save companies valuable time and money.
It’s important to know that different ERP systems offer varying features to help employee managers and HR teams. In general, employee management ERP systems can be broken down into three types.
The first type focuses on payroll and employment administration, including maintaining employee records, calculating wages, and ensuring compliance with government wage reporting requirements.
The second type of system provides general HR functions like recruiting, hiring, onboarding, and training employees.
Finally, the third type focuses on human resource analytics like workforce planning, succession planning, labor market intelligence, and more.
Some employee management ERP software includes all three types of software. Others only have some of these features.
How to Choose the Best HR Software for Your Business
Picking the best employee management ERP software for your business is a tough decision as there are so many out there. Use the following tips for finding the right one.
First, you will need to determine which employee management tasks your company needs help with. Do you want software that can help with compensation and benefits? Managing payroll? Tracking new applicants?
Define the tasks your HR team needs support with before you start shopping for employee management ERP software.
Next, how much can you spend on new software? As with any new technology, it’s important to consider your budget before you start looking for ERP software. The more expensive software packages likely have more features. For a larger enterprise, this may be worth it.
However, a smaller company might not get the full benefits of an extensive software package. In that case, it might be better to choose a less expensive option that still fulfills all of the necessities of HR management.
Finally, what integrations do you need? Look for ERP software that will integrate with your existing systems for a streamlined approach to HR and other departments.
Top Features to Look for in Employee Management Software
The features you’ll need from your employee management software will depend on what tasks you want to manage. Here are five essential features to look for before investing in employee management ERP software.
A critical function of employee management ERP software is to automate repetitive tasks, such as payroll, invoicing, and reporting. Automating these tasks reduces human error and empowers human employees to focus on issues that need more complex thought and attention.
Companies with employees working on shifts can save a lot of time and headaches with a scheduling feature. Instead of making your HR team go back and forth with employees about their schedules, employees can simply log into the ERP system to request days off and update their availability.
3. Improve training
Onboard employees with ease using ERP software that provides the HR team with a learning management system as well as performance data from new hires. Ensure that all new employees receive the same training, so nobody gets left behind.
It can be difficult to track employee performance without some sort of analytics tool. Employee management ERP software has an analytics feature that allows HR teams to view every employee’s performance objectively. This data can be helpful for making hiring, firing, and promotion decisions. It can also help company leaders identify employees who might be at risk for leaving the company.
5. Attendance management
Tracking employee attendance is necessary for accurate payroll. However, it can also be time-consuming and error-prone. If your company uses timesheets, look for ERP software with time and attendance features to streamline payroll for hourly employees. This can also improve productivity by making it simple for employees to log their hours.
Finding the Right Employee Management ERP Software for Your Business
Choosing the best software for your business is an important decision. If you’re looking for employee management ERP software that can benefit your HR team, we can help!
As certified Odoo partners, the Confianz team is well-versed in ERP software. We’d love to set up a time to chat with you about your company and its HR needs. From there, we can determine whether Odoo ERP is right for you or suggest what to look for based on your specific needs.
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