It is a software packages designed to automate many of the common HR tasks and free up resources to be spent elsewhere. Packages often involve a high degree of data processing which is time-consuming when performed manually. Increasingly incorporating analytics functionality that allows HR to more easily perform higher-level tasks such as sifting through applicants, conducting performance reviews and tracking training needs.
HR software supports an organisation's human resources department by automating manual tasks, keeping employee information organized, and creating data-driven reports. This helps in saving a sufficient amount of HR bandwidth by eliminating the need for paperwork.
Employee relationship Software: The employee relationship management software helps employees achieve targets set for their job roles and helps develop effective communication channels so information needs of employees are met. However, an Human resource software is designed to help employees and management perform at their full potential and is implemented by businesses of all sizes to boost productivity and overall employee engagement.
An HR software is being used by the HR’s in a particular organisation. The admin access remains with the HR however, it is imperative for HR to drive adoption to the end-users who are all the employees in an organisation.
The cloud hosted solution is primarily managed in a remote server. The system is also referred to as software as a service (SaaS). Procuring the system is much faster as it doesn’t require much input from IT and procurement offices. There are audits features available based on industry standards. Has a self service portal available thus reducing the workload on the HR team.
On-premise on the other hand is installed and implemented on your company’s premise. You need your own IT team to manage and maintain the on-premise system.
The pricing of an HR software depends on the features and benefits that you are going to avail. Depends on company to company.