5 Ways Cloud can save a Fortune in HR costs
Surprisingly, a whooping number of businesses that are moving their HR operations to cloud are saving big bucks whilst making decent profits, which they are investing back to drive innovation, boost wages and human capital.
Now for a company, the decision to migrate it’s key business operations to cloud can be intimidating. After all, this infers a whole lot of change. Nevertheless, many businesses are making the big leap, at least for selected and critical business operations such as human resources management.
If you find yourself in troubled waters as to whether to move your HR processes to cloud or not, then here are five prominent benefits to think you do so.
1. Centralized HR database
Fully secure, searchable and comprehensive records for every employee in your organisation. All under one unified and centralized hub ensuring that everyone is on the same page. Get quick access to sick days, holiday records, leaves, references, etc. Overall, employee management simplified.
2. Employee self service
Empower your employees with the employee self service portal. Arm your employees to apply for day-offs, check leave balance, pay and tax details, etc., all from their smartphones and on the go. It not only saves time of employees, but is also a lifesaver for HR personnel.
3. Intuitive HR MIS reports
Irrespective of whether your HR people use more than 50 pre-formatted reports and charts or create their own using some third-party report builder, you can always integrate all these with a cloud based payroll software. All it needs is a few clicks to import these reports in excel eliminating the tiring manual chores.
4. Attendance and time
Keep abreast with absenteeism and punctuality with automated time tracking and attendance management. Create and manage multiple work shifts, define attendance and leave policy, track employee timings, track work from home hours and much more from a unified system.
5. Performance management
From admin to sales department, create easy to measure benchmarks for staff members across the entire organisation. Centralize all your crucial appraisal data on a single and unified repository. Monitoring top performers was never this easy with an automated cloud based performance management software.
Cloud based payroll software addresses all your day-to-day HR needs in a cost-efficient manner. Further, it is simple to implement, use and master. Last but not the least, cloud based HR software is fully scalable and thus, it grows seamlessly with your business making it a perfect pick-me-up for large, medium and small enterprises alike.
To learn more about how a cloud based HR software can drive your HR processes, contact us now. You can also give us a shout-out at our Twitter and Facebook handle or write to us at email@example.com.