Does an ERP System cover HR?
Working with a large workforce isn't easy for an organization where everyday there is a new hassle of recruiting, salary generation, training, PF & GF, and lots of others.
An organization must balance the requirements of each employee with the organization's policies, as well as the achievement of its strategic goals. Although it is not particularly simple, an ERP has already adapted it by utilizing the most recent techniques and technologies.
Statistics shows, 69% of concerned people from the concerned department feel uncomfortable communicating with the employees directly while 37% feel uncomfortable giving their employees performance feedback manually. Here, an ERP offers the amazing functionalities to conduct the recruitment process as well as complete the performance appraisal process consistently through a single system.
How does ERP cover overall HR?
If we are talking about a standard HR, then definitely it has the ability to cover an organization’s day-to-day activities which is related to the HR department. It's quite complicated and even sometimes quite impossible to operate and track all the activities manually. There will be a mound of paperwork for the HR department, but ERP makes it as simple as possible by automating the operational activities. Now an organization doesn't have to waste their limitless time to figure out the HR data. From managing each employee's personal information to scheduling the required training, payroll generation, PF & GF, and final settlement everything included a single solution named “ERP”.
The HR department faced lots of problems managing their employees' attendance data. Though attendance is directly related with employees payroll generation and organizations ultimate productivity both, tracking the attendance is one of the vital roles here. ERP has several ways to track employee attendance by face recognition, fingerprint, ID card, log based attendance, and etc. Even employees who are working outside the office and working multiple locations at the same date can update their attendance through smart devices. Thousands of employees' salaries can be generated in a few minutes through an ERP.
To ensure the employee engagement and figure out the effective employee from a huge number of employees can be done digitally by ERP. ERP helps to gather all the relevant data in a central database including employees job roles, deadlines, work completion date, team wise work distribution, etc. In addition to that, ERP has the automated performance appraisal form by utilizing which team leader or the concerned person can mark the team member for the standard evaluation. Effective employee recognition motivates the employees to work more efficiently.
Calculating employees tax, loan, PF & GF, budgeting, everything is automated by an ERP. Organization can take the necessary action if it needed based on the rules and regulations. Whenever an employee leaves the company, the HR department can easily view the remaining finance and settlement due from the database.
Through covering all the sectors of a HR department, an ERP enhances the productivity of the HR department and the organization both. In 2022, nothing is impossible according to technology. Here, the thing is whether the organizations are ready or not to adapt the latest technology while an ERP already adapts it.