Human Resources is another widely implemented ERP module. ERP HR module streamlines the management of human resources and human capitals. HR modules routinely maintain a complete employee database including contact information, salary details, attendance, performance evaluation and promotion of all employees. Advanced HR module is integrated with knowledge management systems to optimally utilize the expertise of all employees.
ERP HR modules refer to the systems and processes at the intersection between human resource management (HRM) and information technology. On the whole, these ERP systems have their origin on software that integrates information from different applications into one universal database. The linkage of its financial and human resource modules through one database is the most important distinction to the individually and proprietary developed predecessors, which makes this software application both rigid and flexible.
The HR management module is a component covering many other HR aspects from application to retirement. The system records basic demographic and address data, selection, training and development, capabilities and skills management, compensation planning records and other related activities. Leading edge systems provide the ability to “read” applications and enter relevant data to applicable database fields, notify employers and provide position management and position control. Human resource management function involves the recruitment, placement, evaluation, compensation, and development of the employees of an organization. Initially, businesses used a computer based information system for,
- produce paychecks and payroll reports;
- maintain personnel records;
- pursue Talent Management.
In the transactions of the payroll module, the user is allowed entering the daily attendance data of all the employees of the company on the payroll. The user can mark the entire employee’s data as present or absent. Also if the operator of the company has done any overtime then the user of the software can enter the data relating to the operators over time.
Also, the processing of the payroll and the attendance can be done in this module. The reports will correctly specify the leaves and the attendance is taken of the employee after the processing of the attendance has been done.
The Work Time gathers standardized time and work related efforts. The most advanced modules provide broad flexibility in data collection methods, labor distribution capabilities and data analysis features. Cost analysis and efficiency metrics are the primary functions.
The Benefits Administration module provides a system for organizations to administer and track employee participation in benefits programs. These typically encompass, insurance, compensation, profit sharing, and retirement.
Get more information about ERP HR module and related ERP software information.