Online HR Software

HR software is a system that helps manage employee information, automate manual tasks, and track certifications and licenses in one central location. 

To be most effective, a best-in-class human capital management (HCM) platform should include the following components:

1. Employee recordkeeping

2. Automated workflows

3. Paperless document management

4. Employee self-service

5. Performance management

6. Reporting & analytics

The time required to get a system set up depends on several factors: the components you need, the complexity of your business and industry, whether you’re starting from scratch or need to transfer existing data to a new system are some considerations. Implementation can take anywhere from 6 weeks to 6 months. However, here are three things a good HR software partner can do to speed things up:

1. Have a fully connected implementation process with an assigned implementation team so they (and you)
don’t waste time entering repetitive information.

2. Handle data transfer or entry and configuration for you.

3. Provide in-depth training and live support.

Simplify & Integrate HR Processes: Managing the complex functions of HR requires advanced technology to simplify everyday tasks and consolidate data so it can be used to help with long-term planning. This saves time and money.

Provide Better Talent Management: Better understand metrics like cost per hire, revenue per employee and your absentee rate when you have unified data.

Provide Analytics for Insight:Turn your people data into actionable insights that improve decision making around attracting talent and reducing turnover. Real-time data insights will help you answer important questions, such as “Who is at risk for resigning?”.

Whether it’s in the areas of recruiting, hiring, payroll or people management, compliance is a vital element of any company’s ongoing success. Without a solid focus on compliance, your business could be at risk of being penalized with fines and lawsuits. From accurate timekeeping and payroll and tax updates to consistent recordkeeping and detailed reports, HR technology should be a top priority to help you confidently manage compliance.

Yes, you can find HR software customized to your industry. For example, Paycor specializes in HCM for the healthcare, manufacturing and restaurant industries. We also service organizations with 1 to 1,000 employees. The sophistication and power of our HR platform can be adjusted to meet the needs of your business as it grows. Our product tour is a good place to start to get an idea of which systems are recommended for your size business.  

Yes, you can switch mid-year and we can help with any questions related to tax filing or year-end processing. Our implementation experience was created to differentiate and enhance the customer experience, reduce post implementation issues, and add value to the overall partnership.

Web-based HR systems or SaaS (software as a service) systems are HR systems that can be accessed with just an internet connection and web browser. The alternative to web-based systems are conventional on-premise applications.