Some Salient Features of HRIS Software and HRMS Software

HRIS Software and HRMS Software are two extensively coded applications used by organizations everywhere employing hundreds of people on board. They help manage the entire workforce meticulously, ensuring all wages are calculated correctly, bonuses added diligently, leaves struck off pertinently and attritions marked precisely.

They account for complete HR information. Organizations using the HRMS Software and the HRIS Software have it easy with HR related functions and operations. Increments and transfer entries are done on time. Modules are uploaded without faulting. Some of them facilitate full-fledged reimbursements, loan disbursements and recoveries, ad-hoc adjustments, leaves, manual attendances, integrating attendance with time machine, overtime entry and upload etc.

Configuration features in the software include user definable salary heads, flexible and formula driven salary heads, a user definable dashboard, user definable input upload formats, user definable excel export reports, powerful security modules facilitating entry level form, report level and data access level.

Pre-installed processing features in HRMS Software and HRIS Software contain auto-calculation of OT, SAF, Bonus and Gratuity, arrear calculation modules, a quick and accurate pay calculation engine and FnF calculation engine. Disbursement features include direct bank payment electronic files, cheque/cash payments lists, bank files for non-slip components, auto voucher generation including salary and reimbursement, voucher generation for oracle, SAP and other 3rd party solutions etc.

Features in the software for pay reports include pay slips, pay slips YTD, payment sheets, salary statements, earning statements, deduction statements, CTC reports, arrear reports, over time reports, adjustments reports, summary reports and variance reports. Bonus reports have Form C, D, Bonus Register and Bonus Summary.

PF Reports have Form 12a, 3a, 6a, Addition and Deletion Statements, PF Challans, Form 10, Form 5, Monthly Statements, PF Summary and Yearly Statements. ESI Reports include Form 6 and 7, Monthly Challans, Monthly Statements, Summaries, ESI Returns and Yearly Registers. Features for TDF Reports in both the HRIS Software and HRMS Software include Form 12BA, 16, 16A, 16AA, 24, Income Tax Statement, Tax Summary, Investment Register, Professional Tax Statement, Tax Calculation Sheet, TDS Variance Report, YDT TDS Deduction Reports etc.

There is a wide array of more features in stock that personnel employed in the HR Department of an organization can use. The software is an answer to all arising predicaments regarding employees, their remuneration, increments, bonuses etc. Well coded, they ease HR Management and ensure the employees are kept a healthy check on without erring on the total head count.