The human resources function has undergone revolutionary changes from being a personnel department to becoming a critical function of the organization. Digitization has fuelled this transformation, and this is in turn leading to the metamorphosis of the organizational culture, which has boosted the overall employee management and morale. While standing at the juncture of such a major transition, don’t you wish there was a single solution that addressed all your HR-related problems?
If you do, then you’re at the right place! Human Capital Management (HCM) and HR payroll software solutions in Dubai, UAE, are one such cloud-based HR software that provides solutions beyond basic HCM by transforming your HR service. This is achieved by harnessing the power of software to automate the most critical resource, i.e. workers within an organization.
HCM stands for Human Capital Management. HCM is the term used to describe the set of practices organizations use to manage their employees. This covers recruiting, managing, developing, and optimizing employees so that they are more valuable to the company. HCM does not see the workforce as a burden; instead, it is a key element of the business that can be managed and increased in value like any other asset.
The following are some of the vital advantages of an HCM solution for businesses
This is one of the most used aspects of the HCM solution. An HCM that is integrated makes it much simpler to recruit and onboard by storing candidate information in one central location. When a hiring decision has been made, this data can be quickly moved into the employee file.
Employee satisfaction can be greatly impacted by how you handle key HR tasks, including onboarding, absence management, approval of overtime, remuneration, and other HR-related tasks. Managing core HR processes is made simple using HCM software because the majority of jobs are automated.
Managing employee data is crucial because it frequently contains some of the most personal data that an employee has in their work careers, such as pay, benefits, personal identification, and even banking information. All of this data is organized and kept in a single, secure location by HCM software. HCM allows authorized people to access important data whenever needed.
Let us take a look at key features of HRMS/Payroll software and how exactly HR software is going to benefit your organization:
Automate the administrative HR tasks that include employee information management, compensation & benefits management, and payroll management with 100% efficiency.
Your employees are your biggest asset and with our HR software, you can manage all their crucial touch-points starting from onboarding to promotion to offboarding.
Ease your recruitment and selection procedure and a host of related procedures such as job requisition management, training & competency management, application tracking, onboarding, career development, employee development programs, interview process, and finally, candidate selection.
It not only involves attendance and leave management systems but also claims & reimbursements, shifts & scheduling, and business travel expense management.
Appraisal processes, employee feedback, enterprise-wide goal alignment, compensation planning and reward management are taken care of by this automated platform.
Automate HR routine tasks such as payroll HR solutions processes by integration of this web-based software with finance modules of ERP.
It gives you one-click access to various reports, applications, forms, documents and many more organizational trends.
Connect better with your employees through social networking platforms that send out notifications, enable the creation of social profiles, walls, and activity streams.
All things that boost productivity go into this realm of the solution. Task management, discussion forums are a few examples.
Finesse offers the best HR software solutions in the UAE, which unifies all your HR needs and provides an integrated platform to boost employee productivity. It helps your business save time and costs that are generally invested in maximizing the human resource functions.
It delivers customized modules for each business according to your specific HR needs.
It provides a robust HCM interface and drastically reduces the complexity of various routine tasks such as attendance, leaves management, travel expense management, shifts scheduling, payroll enforcement, claims & refunds.
Cloud-based HRMS helps your business magnify its digital human resource capabilities and reduce costs and efforts. This platform provides support for pure-play along with robust backing and regular updates.
Cloud-based HRMS software in Dubai, UAE, ensures safe, secure, timely, and efficient execution of the HR techniques and tasks through the pure-play approach of the program.
Leverage technology faster and better with an app that offers multilingual support for both the employees and the decision-makers.
The modular architecture of the software makes the application run on both hosts as well as premise models.
Whether you are in the Middle East, Asia, or Africa, the software is flexible enough to comply with the HR regulatory and payroll policies in the country you are in.
Want to integrate Cloud-based HRMS with your existing ERP, payroll, and finance systems? Worry not; it works with 100% efficiency upon integration.
In addition, AI will help support the organization as well as a job applicant by streamlining and sharing the load of the recruiter through handling job applicants based on their experiences.
Furthermore, AI allowed chatbots to eliminate the hassles of pre-screening and time-consuming aspects of recruitment by scheduling interviews and documenting the inputs of the candidates throughout the selection process. This, in turn, reduces the administrative bog of manual job application follow-ups.
For our customers at Finesse, we manage the entire HR process and employee lifecycle, including onboarding, payroll, performance management, development, compliance, and management of reports.
To know more about how finesse drives HR transformation at Emirates Investment Bank, click here.