What is a Human Resources Management Application?

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Human Resource Management Application

If you want to totally “get” the people who work for you while remaining in good stead with tax laws and labor regulations that often change without notice, you need a human resources management system, HRMS for short, to handle all that for you. Having such a tool is increasingly important in this unstable business and labor environment. But what is a human resources management application? Read on for that and more.

About HRMS

An HRMS is comprised of software apps that help organizations manage their people and associated processes during the employee lifecycle. That translates to helping organization get a grip on their workforce and stay abreast of, and in compliance with, tax statues and labor regs.

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About the Primary Users

While the chief users are HR staffers, since they’re the ones who handle everyday workforce functions as well as performance and compliance reporting, execs can also use the system to produce info on workforce trends and how they might affect their business.

What’s more, considering the size of HR-associated costs, integrating such a system with accounting can provide outstanding financial insights.

The Importance of HRMS

Despite the tumult going on now in the labor force, especially since more people are working remotely due to the pandemic, organizations must still be able to pinpoint labor costs to stay on top of revenue-per-employee KPIs. Also, self-service capabilities are invaluable to stretched-thin HR departments.

Maximizing Your Enterprise Resource Planning Tool

If your human resources management application is through Workday or ServiceNow, you can kick your investment up a notch by signing on with the consultant Mercer’s Application Management Services. Why? Because HRMS deployment is just the beginning. Once you’ve gone through implementation, you’ll inevitably face snags such as security issues and getting reports running that can eat into your ROI.

That’s where a firm such as Mercer comes in. The firm can deliver support for every functional area across every Workday tenant, and HR Service Delivery if you went with ServiceNow. What does that mean for you? In practical terms, that translates to assistance with fixes, updates, maintenance, and expertise. Oh, and did we mention that Mercer can save you time and money, and that the firm has an impressive 92% customer satisfaction rate?

What Do Users Say About Workday’s Human Capital Management System?

Here’s what a few people say who do use the tool, as listed by Trust Radius:

  • “This platform is used across our organization to manage our resources and assets. It has developed excellent infrastructure that tracks down how our assets are used. It has simple and secure document storage tools that backs up our records and any reports. The UI is flexible and intuitive for any user, and all our customers can access it easily.” – Terry Scott.
  • “We use Workday in our entire organization, fulfilling new hires, I-9, managing day-to-day employee requests including paid time off, payroll forecasting, reports that detail financials, location database management, senior-level approvals and so much more.” – Noah Mark Blaustein
  • “It actually serves its purpose as a backbone of the organization in providing relevant support to all employees by tracking each milestone and expenditure. Empowering the HR team in making decisions on the next steps and plans and growth of each employee.” – Verified user

Now that you know what a human resources management app is, and how it can help, you can implement such a system with confidence knowing that the tool can only benefit you in this wild and wooly labor market. Just make sure you get external help for post-implementation, when you’ll inevitably run into issues your already-overburdened IT team will be hard-pressed to address.