There are many benefits to investing in an all-in-one HR software, like saving an average of 30% on administrative costs and deepening your employee engagement. Let’s review how the HR software Singapore businesses rely on improves their business functions.

Simplified employee records

HRIS centralizes all of your employee data. Rather than having several spreadsheets to track employee addresses, visa status, payroll, and performance data, employee database software — or HRIS — ensures simplified and streamlined access to accurate and secure information whenever you need it. Because HRIS centralizes your data, you can easily manage who has access to what information and ensure that all relevant parties — from IT to management — are informed and updated in a matter of minutes.

Reduced administrative tasks

There’s a lot of administrative tasks that are required to help HR function effectively. From updating addresses, calculating payroll, sending welcome letters, and creating employee handbooks, these tasks are essential to crafting the employee experience and helping your company run, but they’re also incredibly time consuming.

HRIS automates all of these routine tasks and reduces the administrative burden on HR teams. With the capacity to build templates, automate workflows, and create the opportunity for employees to manage their own records, HRIS allows HR professionals to focus on other essential tasks that require more strategic thinking. With the right HRIS Singapore companies can save money on administrative tasks, and reduce the errors that manual entry and calculation are often prone to. 

Data-driven decision-making

HR is faced with big decisions that can determine the trajectory of a business such as recruiting and hiring talent as well as managing team performance. The HR software Singapore has to offer provides valuable insights and analytics that allow People Leaders to generate reports on various HR metrics (such as performance data). Such reports assist in making informed decisions related to workforce planning, talent management, and performance evaluation, resulting in higher performing teams and cost savings.

Increased employee engagement

Without HRIS, Singapore employees rely on their HR teams to perform simple tasks like applying for vacation or viewing their pay slips. These tasks are time consuming and disruptive to HR workflows, often resulting in delays for employees and slowing down important initiatives within HR. However, once leveraging HR software, Singapore employees are empowered to manage their own time off, track their performance reviews, and access their pay details without the intervention of HR. This helps employees better utilize their benefits, a key driver in employee engagement.

Streamlined onboarding processes

A successful onboarding process is crucial to the success of your organization — 69% of employees are more likely to stay at their company if they receive a quality onboarding experience. And creating a consistent and positive employee onboarding experience requires a uniformed and streamlined approach.

HRIS helps HR teams ensure that each employee joining their company receives the same level of support, helping reduce the workload of HR while setting employees up for success. With automated welcome emails, training progress tracking, and intuitive employee portals, the HRIS Singapore relies on makes onboarding efficient and effective.

Nurtured employee growth 

With HRIS, organizations can leverage performance data to identify employees with high potential, assess their skills (and gaps), and develop SMART goals and OKR plans for leadership positions. With this proactive approach, you will see a smooth leadership transition and reduced organizational talent gaps.