Best HR Software for Your Business

List of best HR software solutions are BambooHR, Zoho People, Wallet HR, Spine HR Suite, Keka, and Zenefits. These HR systems aid organizations in digitizing employee data and enhance collaboration between employees and HR managers.

What is Human Resources (HR) Software?

Human Resources (HR) software is a platform that enables companies to create a streamlined process for their HR operations. The software mainly automates administrative tasks such as onboarding, hiring, payroll, and performance management. HR software can be used by businesses of all sizes to help manage the employee lifecycle, from recruitment to retirement. It typically includes features such as applicant tracking, employee self-service, time and attendance tracking, performance management, compensation management, and compliance tracking.

Show More
Live Agent - Tejasvita Domadiya
Live Agent - Divyang Kansara
Live Agent - Manali Shah
Get Free Demo

No Cost Personal Advisor

List of 20 Best HR Software

Showing 1 - 20 of 753 products

Human Resource Management Software in India

Bambee is a fully featured HR Software designed to serve SMEs, Startup, Agencies, Enterprises. Bambee provides end-to-end solutions designed for Web App. This HR System offers Document Management, Payroll Management, Benefits Management, Employee Database and Reporting/Analytics at one place. Read Bambee Reviews

Software by Paychex Inc

Paychex Flex is a web-based human management need and access traffic of customers if they have a heavy rush on the product. In this system, only one user can use the system at a time no more users can log in that time. That's why it is a very short time wasting. It includes some characteristics like ATS, HRIS, payroll and cheap.   Read Paychex Flex Reviews

Software by BambooHR

Online Human Resources Information System (HRIS) and the best employee onboarding software that makes time for the work you were meant to do. But change can be hard. BambooHR guarantees your success when changing from spreadsheets to our intuitive online HR software. Read BambooHR Reviews

The Future of Global HR

Build your remote team with Deel. Hire international employees and contractors compliantly around the world. Run HR and payroll in hundreds of currencies with one click. Read Deel Reviews

Best HRMS Software in India

OnPay is among the most powerful payroll software available in the market. It is working from the last 30 years to help small business enterprises. It integrates with Xero, QuickBooks, etc. Read OnPay Reviews

Payroll and HR Solutions Designed for Leaders

Paycor’s HR software modernizes every aspect of people management from managing labor costs, scheduling, and performance reviews to recruiting, retention and learning. Paycor saves leaders time and gives them the powerful analytics they need to build winning teams. Read Paycor Reviews

Software by Monday.com

Monday ATS is a fully featured HR Software designed to serve SMEs, Startup, Agencies, Enterprises. Monday ATS provides end-to-end solutions designed for Web App. This HR Software offers Dashboard, Reporting, Applicant tracking, Group Management, Activity Tracking, and Alerts/Notifications at one place. Read Monday ATS Reviews

Software by Oyster HR, Inc

Oyster Payroll is a fully featured Payroll Software designed to serve SMEs, Startup, Agencies, Enterprises. Oyster Payroll provides end-to-end solutions designed for Web App. This Payroll System offers Dashboard, Vacation/Leave Tracking, Self Service Portal, Benefits Management, Document Management and Multi-Country at one place. Read Oyster Payroll Reviews

Emergents | 2024

Workable is the best online Recruiting and Applicant Tracking software in a modern era. It is a very reliable and easy of the handy platform for any company to hire the candidates. Also having the facility for to publish current openings, get and analyze the resumes to find out the most suitable candidate. Read Workable Reviews

Category Champions | 2024

Best HR Solution for Business in India

The best HR management software for businesses of all sizes. It is the best HR software that is employee-centric. Unlike traditional HR solutions, it is a modern new, generation platform focused on user experience and simplifying complex workflows. Read Keka Reviews

Most Reviewed

Category Champions | 2024

Top HR Software Solution for Small and Enterprise Business

FactoHR is a leader in workforce benefit platform which covers automated systems of Human Resource Management, Retirement Benefits, Payroll, Leave, Attendance, Expense, Reimbursement, Performance and all types of statutory compliance. Read factoHR Reviews

Category Champions | 2024

The spine is the best HR system software that stores complete records of the employees, fulfills most of the compliances, and takes care of all your requirements relating to management, workflow, and accounting employees. Read Spine HR Suite Reviews

Category Champions | 2024

One of the Best Global HR Solution Provider

Advanced AI chatbot-enabled mobile apps with comprehensive and configurable best human resource software. Employees, leaders, and HRs alike love Qandle’s new age, user-friendly HR management software. Too good to be true? See for yourself, but be ready to get blown away. Read Qandle Reviews

Category Champions | 2024

Leading HR Management Software with On-premise Options

Wallet HR is human resource managemnt system provider for corporates. We offer end-to-end human resource solutions from recruitment to retirement covering the entire employee life cycle of an organization. Read Wallet HR Reviews

A complete HR solution that improves end to end em

Suite of human capital management applications: HR, benefits, payroll, performance and talent management, suitable for midsize and enterprise customers with 1000+ employees. Learn more about Oracle Fusion Cloud HCM

Category Champions | 2024

India’s Most Popular Software for HR Manager

HR-One is a simple, intuitive & all-in-one HR solution available on cloud & premises. Packed with 12+ modules, you can select any module specific to your needs. This HR solution enables better workplaces & over 2,00,000 customers across 18+ industries trust this, which is available on Android and iOS. Read HROne Reviews

Worlds Most Powerful All in One HR Management Tool

HRMantra is the world's most feature-rich best HR system helping automate the most complicated hire to retire HR processes. The human resources system comes with crores of ready-to-use features. It saves 30 minutes per employee per day giving over 10 times ROI. 100% project success assured. Read HRMantra Reviews

Work Management & Performance Tracker

TrackHr is here to help you manage your business efficiently. With a growing business and expanding teams, the challenges to organize tasks and manage time to address wastefulness and inefficiencies also increase. TackHr solves all your business-related problems. Read TrackHr Reviews

Offers Get 10 % Off

Enterprise-grade OKR software

Peoplebox is a new-age OKR software that helps fast-growing companies align teams and achieve moonshot goals, companies like Disney, Khatabook and Razorpay use Peoplebox to build high-performing teams. Learn more about Peoplebox OKR

A dependable partner for your People & Business

SBS is one of the most sought-out Payroll service providers globally loved by small, medium, and large businesses. We have helped various businesses across the glob in automating their payroll, staying compliant, and delighting their People. Read SBS HR Reviews

Offers Get 20 % Off

Until 31st Mar 2024

Download Research Report Banner
Download Research Report

HR Software Guide

Every company requires HR software to manage its workforce and create simpler processes. While various HR systems are available, selecting the one that aligns with your requirements becomes crucial.

This guide will provide you with an in-depth understanding of HR software and assist you in selecting the best one for your business.

Why Does Your Business Need HR Software?

A human resource management system is highly beneficial because it can free up a lot of human hours. HR solutions help to save employees time by neatly automating basic processes such as follows:

  • Holiday allowance

  • KPI/KRA tracking

  • Absence tracking
  • Events

  • Training, etc.

The software also helps streamline processes to increase the overall productivity of employees and HR managers.

How Does the HR System Work?

How Does the HR System Work

HR software facilitates the management of various HR functions through information technology.

By automating manual and repetitive processes, an HRM tool seeks to increase the productivity and efficiency of the company. As a result, it saves lots of HR manager time.

HR system manages employee data, payroll, time, performance management, etc. These systems are intended to automate processes, increase efficiency, and provide real-time visibility into a company's operations.

  1. Recruitment and Applicant Tracking: The right HR software can automate your recruitment process and help track applicants. You can post about job openings, schedule interviews, screen resumes, and also track candidates' progress.

  2. Employee Onboarding: Onboarding is made simple with an effective HR system. Your team can automate the onboarding process, including compliance, paperwork, and orientation.

  3. Employee Data Management: Employee data such as personal information, job history, salary information, and performance data can be stored and managed using HR systems.

  4. Performance Management: HR systems can automate the performance management process, including goal setting, performance reviews, and performance improvement plans.

  5. Learning and Development: Employee training is a crucial part of any company, and HR software makes it even simpler for you. Companies manage employee training and development, including course scheduling, tracking employee progress, and analyzing training effectiveness.

  6. Compliance: You can ensure compliance with federal and state regulations, such as equal employment opportunity laws and labor laws when you adopt HR software.

What are the Benefits of HR Software?

Benefits of HR Software

  1. Increased productivity

    Using appropriate HR software tools can reduce 40% of the time spent by HR personnel and the cost involved in various activities by reducing the need for paperwork and streamlining the process. Updating information becomes automated with instant reminders and notifications about compliance and productivity.

  2. Reduced errors

    Paper-based methods are not entirely infallible; even one misplaced decimal point can cause financial and legal complications. Best HRM software can reduce errors by automating most processes and keeping everything working correctly.

  3. Evaluation of metrics

    Review the business information periodically and upgrade the HR strategies based on the internal operation and the market. The metrics evaluation tools in free HR solution systems allow for accurate monitoring and issues, turnover rates, and costs that help design optimized business strategies with the help of data analytics and reporting.

  4. Conquer geographical barriers

    HR systems enable worldwide communication and establish uniformity in processes for large companies with a global footprint. It helps in standardizing the organization leading to better consistency across geographies.

  5. Increased performance management

    The best HR solution providers in India help track employees' skills and performance. It helps in decision-making while arranging new training and skill development programs for the employees based on their current standing and the company's needs.

    Software for HR management helps evaluate performance and provides regular feedback and advice. We utilize human capital better when all the information is available in one space; HR professionals can also devote their time to better endeavors that will benefit the organization.

What are the Features of HR Software?

There are different human resources software available on the market. Businesses can opt for the most suitable software for hr management based on the size, nature, and type of enterprise. They can also customize an online software solution according to their requirements.

Whether customized or readymade, business heads must look for the following dynamic features and modules within their software.

features of HR software

  1. Applicant Tracking System (ATS)

    ATS is one of the most crucial features of HR software. This helps create a centralized hiring process- connecting with potential candidates to onboard them. Moreover, this feature allows businesses to save on time-consuming tasks by automating them. It also allows HR managers to track the progress of each candidate through the recruitment process, helping to ensure that the organization hires the best candidate for the job.

  2. Centralized Database

    A robust centralized database is essential to efficient HR management solutions. It is the pillar on which the entire HR software system fetches data and provides accurate information.

    Regardless of any organization, the centralized employee database must have a complete list of all present and past employees and necessary information, including their address, personal contact number, work experience, years in the current company, etc.

  3. Recruitment

    A recruitment module will simplify the hiring procedures and improve the hiring entity and the prospective candidates. This feature allows recruiters to find the right talent and avoid major mistakes during online recruitment approaches.

    This dynamic component provides a complete solution from internal form-filling to online tracking of applicants. Organizations can also develop a "talent pool" to enhance their reach to the most appropriate candidates and bring them into the designated profile.

  4. Onboarding

    After recruiting comes onboarding, i.e., introducing the new joiners to the organization.

    An onboarding feature in online HR software in India helps HR smoothen the recruit's onboarding process. An HR can easily share company resources, create user accounts, and walk them through the company culture with the help of an HR system.

    At the same time, recruits can use this module to introduce themselves to the enterprise or concerned departments.

  5. Learning Management System (LMS)

    An LMS is a feature that allows companies to train their employees through different training programs. You can create customized training courses, track your employee's progress, and analyze these programs' effectiveness. This entire process is implemented online; hence, it doesn't require any infrastructural expenses, making it cost-effective.

  6. Attendance and Leaves

    The attendance and leave management module in cloud-based HR software makes it easy to track employee hours, including entry and exit time and system login. In addition, employees can directly send leave requests from the HR portal and approve them.

    And most importantly, HR managers can also track the status of leave requests – approved, rejected, and pending approval. Thus, they can maintain computerized employee records of attendance and leaves of all employees.

    Having all the data in one place makes it easy to calculate accurate payroll and make payments on time.

  7. Payroll

    Conventional payment processes are tedious, time-consuming, and require substantial paperwork. The HR department can use the attendance and leave module data to ease payroll processing.

    By fetching system-generated entry and exit time and the number of days employees were present in the organization, the payroll module maximizes the potential of HR managers. In addition, the human resources software ensures that all employees are paid on time and accurately.

  8. Performance Management

    The performance management module keeps track of your employees'' activities and helps determine their contribution to the overall organizational growth. This module helps provide continuous feedback, goal setting, and conducting the appraisal process.

    Business heads can set targets for employees, track their progress towards achieving the predetermined objectives, and score them.

  9. Talent Management

    This innovative module in the HCM system software helps organizational leaders identify employees' specialized skills and proficiencies and assign suitable job roles. Moreover, you can combine it with performance management to understand an employee's expertise.

  10. Training and Development

    Training, learning, and development are part of the work schedule. Companies can use the learning and development modules to plan staff training sessions based on employee performance analysis. Employees can access learning materials and training courses, improving their professional knowledge through this dynamic feature.

    This procedure can further continue real-time evaluation and feedback by the reporting heads.

  11. Analytics and Reports

    Reports are crucial for companies, especially when managing a massive workforce. You can track and analyze employee data, compensation, performance metrics, and turnover rates with actionable insights.

    This enables companies to make data-driven decisions about talent management and other HR-related matters. Based on the data, managers can optimize existing strategies for improved outcomes.

  12. HR Helpdesk and Ticketing System

    Every organization needs a ticketing system to create a simpler process for raising any issues that must be resolved. With a centralized HR helpdesk, all your employees can submit requests for any problem they have encountered. The concerned team member can be delegated the task based on the request.

    This helps to improve employee satisfaction and engagement by providing a streamlined and user-friendly system for requesting HR support.

How to Choose the Right HR Software?

While choosing any HR software, setting criteria to help you find the software based on your specific requirements is crucial. While there are so many available HR systems in the market, you can easily find the right one by making the right comparison.

How to choose right HR software

  1. Determine your needs

    Every company has different requirements when it comes to selecting software. Moreover, the selection process also depends on the number of employees, the size of the organization, and the HR process you want to streamline. Therefore, you must first analyze your requirements, find the loopholes, and define the criteria.

  2. Ease of use

    In your company, not every employee will be tech-aware. To avoid confusion, you should look for software that is simple to use. So that the team can easily traverse it, the user interface should be accessible. Hence, instead of the other way around, select software that minimizes the work of your crew.

  3. Scalability

    Selecting software for HR that scales with your business is necessary. Thus, ask the support staff if they offer enhanced versions of features or not. This might assist you in selecting the appropriate HR systems.

  4. Features and functionalities

    You should compare the features and functionalities of the HR software while contrasting various HR systems. Payroll processing, performance management, benefits administration, and employee data management are key elements to check for. Tracking applicants, onboarding, time and attendance, and training and development management are other capabilities.

  5. Cost

    Cost is an important consideration when choosing HR software providers. Consider the upfront cost of purchasing the software and ongoing maintenance fees, upgrades, and training. Look for software that offers good value for money and aligns with your budget.

  6. Customer support

    Lastly, pick an HR software platform with top-notch customer support. To ensure that your staff can utilize the software efficiently, the vendor should offer to continue technical support and customer care. Choose vendors with extensive help centers, training materials, and customer assistance available around the clock.

What Factors to Keep in Mind While Implementing HRM Software?

Keep in Mind While Implementing HR Software

Below are some crucial factors you should consider while implementing an HR solution. These factors can make or break the whole objective of the implementation.

  1. The Possibility of Identity Theft

    There is a minor possibility of potential ambiguity, misrepresentation of facts, or ''identity theft'' as one may call it. For example, there is a possibility that a ''fake'' candidate may make it to the top without actually possessing the right skills for a particular profile.

  2. Technical Glitches

    Some technical glitches may arise during the deployment process of the HR software. The software may not comply with the respective third-party services installed in the system.

  3. Security Issues

    Even though most HRIS software is highly secure, If not certified cannot be trusted regarding Data Privacy and Security, implementing low-quality software makes the whole data, including candidate applications, vulnerable to hacking and cyberattacks.

    The HR system is inclusive and definitive of various processes and management techniques. It also provides effective automation strategies for organizations on the whole. However, integrating suitable HR management software with your business operations elevates your business levels and streamlines solutions for your organizational workflows.

How Much Does HR Software Cost?

HR software prices might vary greatly depending on the business's features, functionality, and size. HR software typically has various pricing options, including subscription-based, per-employee, and one-time license fees. Some companies that sell HR software provide a free trial or a freemium version with constrained functionalities.

Basic HR software functions like managing employee databases, leave requests, and time tracking can cost anywhere from $4 and $15 per employee each month. The price can vary from $10 to $30 per employee per month for more advanced features, including applicant monitoring, performance management, and payroll management.

How can AI Help Improve HR Operations?

Artificial intelligence technology is redefining modern paradigms of operating businesses. This tool automates and successfully achieves most low-value functions so that the workforce can focus on strategically improving the scope of work.

AI-based HR software allows companies to automate repetitive administrative tasks. By integrating AI with the human resource department, companies can enhance their workforce and candidates'' experience.

For example, companies can simplify the onboarding process for all the new joiners with AI-integrated software for HR management. AI also helps the HR department analyze all the resources and their skillset. The tool further helps them recommend a training module based on each employee's role.

  • AI integration plays a crucial role in the following activities:

  • HR Strategy

  • Employee management

  • Analysis of company policies and practices

  • Manage payrolls and more

An IT-integrated HR system can automate the workforce and investigate strategies and corporate compliance.

Usability of HR Software in the Current Market

If you’re contemplating whether HR software is still effective, here are the ways HR software is currently utilized.

Usability of HR Software in the Current Market

  1. HR software saves time

    The most significant benefit of HR tools is freeing up time. Companies can automate time-consuming people management tasks to spend more time on essential business-driving activities.

    Organizations can automate basic processes such as holiday allowance, absence tracking, and training with software for HR management. As a result, HR personnel can put their heads together for more essential tasks than simply worrying about processing a cabinet full of leaves, insurance applications, and other such requirements.

  2. Quick accessibility

    Everything you want with HR tools is readily available in just one place. You won't have to memorize complex codes or carry many files and closely look through them to fetch any details.

    You won't have to worry about explicitly logging into the company network from within the premises to retrieve information. Any HR solution can easily be accessed from multiple locations. Due to this, companies can also have a remote team.

    With readily available data, it becomes easier for the organization to make quick decisions. In addition, with sophisticated HR solutions, you can analytics and solve problems.

  3. Makes employee development easier

    Employee development is necessary to ensure the long-term success of any business. Organizing training programs for your employees can help you build a skilled and effective workforce, thereby helping you boost employee retention. In addition, since you keep your employees engaged, there's very little chance they will leave for another job.

    Human resource management software helps you keep track of employee development. The team can also use the system to log performance reviews, organize training courses, clear objectives and qualifications, etc. In addition, with the best HR software, managers will always be aware of conducting one-on-ones with their team members, further translating into more meaningful coaching conversations.

  4. Human resource management software is secure.

    A decade ago, recruitment and other vital processes involved filing cabinets with many files. Unfortunately, many SMEs keep sensitive employee data in a physical file. However, human resource software offers improved security features allowing you to comply with GDPR.

    Cloud-based HR solution seamlessly protects employee data from physical disasters like theft. In addition, organizations can access data securely from anywhere using their computer or mobile devices.

    It gives a complete document management solution and maintains logs on who viewed the data. Such top HR platforms also increase productivity and reduce excess paperwork. An HR tool can easily search for old documents, policies, staff handbooks, and training manuals.

  5. Monitor leave and sickness requests easily.

    A small HR team may not have enough time to deal with problems related to sickness, absences, a rush of annual leave requests, etc. With a dedicated human resource system, HR teams understand the background behind each lack and set up an accessible holiday planning system.

    The best HR software in India helps to keep track of remaining leave and calculate pro-rata entitlements, and software for HR helps you manage holiday requests. With human resource solutions in place, employees can request holidays anytime.

Future Trends in HR Software

Trends in HR Software

  1. Cloud-based HR software

    Several companies quickly adopted working from home even before the pandemic hit; however, few companies offered a decent work-from-home policy. Therefore, cloud-based HR software providers are more in demand than traditional HR systems.

  2. AI and Machine Learning

    AI and ML are already used in HR software to automate routine tasks, such as resume screening and scheduling interviews. In the future, we expect these technologies to be used more extensively for predictive analytics and personalized employee experiences.

  3. Effortless services

    Today's HR transformations focus on HR teams as being self-service departments. Consequently, both digitization and automation ensure that HR professional can maximize their efficiency.

    Keeping paper records of employees is a thing of the past now. Imagine how much time HR professionals may waste when hunting through all the paperwork! And how frustrating would it be to lose a single piece of paper, a contract?

    Therefore, it is essential to transition to effortless shared services, such as HR tools, to improve employee experience and increase customization on the HR front.

  4. Gamification

    Gamification is using game-like components, including leaderboards, points, and badges, to entice participation and motivate staff members. Gamification can be applied to performance management, employee engagement, and training and development in HR software.

  5. Predictive analysis

    Using data, statistical algorithms, and machine learning approaches, predictive analytics determines the likelihood of future outcomes based on historical data. Predictive analytics in HR software can be applied to hiring, workforce planning, and employee engagement.

    Want to learn more trends? These are the latest HR technology trends that most companies are following.

Conclusion

HR software provides businesses with a comprehensive solution for managing their HR processes effectively. From recruitment and onboarding to performance management and payroll, HR software offers numerous benefits, such as increased accuracy, improved compliance, scalability, and cost-effectiveness.

The ability to automate tasks, provide self-service portals for employees, and generate reports in real time can streamline HR processes, reduce administrative burdens, and free up time for businesses to focus on strategic initiatives. So, ensure you compare different HR systems and make the right decision.

HR Software Related Research Articles

FAQs

HR software is used by businesses of all sizes and across a range of industries.

  • Small businesses with a few employees may use HR software to manage their basic HR needs, such as employee data management and payroll.
  • Medium and large businesses often use HR software to streamline their HR processes, automate administrative tasks, create better workforce management, and improve data accuracy.

HR software is also used by businesses with distributed workforces or remote employees. as It provides a centralized platform for HR management that can be accessed from anywhere with an internet connection.

The usage of HR systems in many industries has risen. There are many different HR software available such as construction HR software, HR software for restaurants, HR software for Hotels, real estate HR software, HR software for the manufacturing industry, and many more.

Last Updated: March 05, 2024