HR Management Solution - Mynd Solution

Automated software is the present as well as the future of Human Resource Management in large and middle scale enterprises that follow long-term HR practices. As it has been seen today, irrespective of nature of service or product, organizations are shifting from traditional HR practices.

Automation of Human Resource has multiple advantages. Some of them are listed below-

·         Reduced employee turnover through effective engagement

·         Reducing time, cost and efforts for storing and sharing paper-based data

·         Impacting productivity positively by speeding up processing and data sharing

·         Minimizing data entry errors and keeping stricter adherence to policy violations

·         Generating insightful reports that help in making intelligent business decisions

·         Collaborating with third parties for hiring, training and retaining employees

·         Obtaining and analyzing HR data, and also HR services on a regular basis

Listed below are the major HR management services and solution in demand

1.       Payroll management

Salary, incentives, allowances, bonuses, perks, deductions and net pay – together make up the pay slip. Large scale organizations roll out more than a million pay slips annually. Hence they need automated HR payroll management suites to process precise payrolls with varied level of complexity, not only across India but around the world. For those large scale organizations that have global presence, a number of renowned software providers like Mynd Integrated Solution have also overcome the challenge of processing payrolls across numerous countries. Customized payroll management suites are also offered by software developers for start-ups, MSMEs and large scale, and unicorn organizations.

2.       Compliance management

Absolute compliance with laws and regulations is one of the essentials for modern organizations. With labour laws becoming stricter and bringing in amendments often, organizations need a compliance management suite to regulate and continue compliance related activities. As a part of HR services, meeting critical deadlines, maintaining quality of labour, risk management, and adherence to central or state-specific regulations can be managed by advanced HR management suites.

3.       End-to-end recruitment process

Recruitment is necessary for a strong business strategy. At the same time, it is also necessary to hire the right candidate whose views and performance align with that of the organization. An advanced HR recruitment software can execute effective recruitment strategies, and manage end-to-end recruitment processes – directing right talents to the right positions. Complete digitalized process helps in accelerating all HR processes related to recruitment.

4.       Contractual staffing

Organizations often partner with third parties to hire talents across locations. For an ever-growing demand for workforce, organizations not only need to onboard the right candidates, but also ensure faster mobilization, statutory compliances while minimizing the cost. With the help of advanced HR outsourcing services, organizations can easily manage manpower, make businesses take a better approach and deliver better results over a period of time.

Reasons why HR automation is the future

Effectively used HR automation software reduces the burden on organizations to a great extent. Automation generates free time for HR department so that they can focus on hiring candidates for other crucial positions within the organization. In near future, organizations are expected to rely more on Artificial Intelligence and leave the time-consuming, strenuous and monotonous tasks to automation software. Milestones have already been achieved by providers of HR management services and solution due to the unprecedented situations caused by COVID. Worldwide, organizations switched to remote functioning mode almost overnight. Most part of this shift was unplanned, and was not backed up by infrastructure or digitization practices. Although the shift impacted many organizations heavily, they were quick to develop new age HR automation software suites that could accept the challenges faced by HR department. A few of these challenges were -

Redefining roles – An advanced HR management solution will redefine the roles of human management department. Employees who are skilled with core HR conducts will be searched for. Also digital HR teams will be employed to supervise automated HR processes.

Training employees across geographical locations and timelines- Organizations that have branches in different time zones or locations will have to get the teams together for training, reviews, business discussions and more. An AI automation suite will help organizations meet the challenges that will hence come up.

Implementation – The employees too would need time and proper training to get accustomed to automated HR management services and solution. Onboarding of new approaches is likely to demand considerable amount of time, trials and errors, resources and management. Leveraging of HR automation software in modern organizations, hence, must be planned meticulously to overcome these challenges.

Conclusion

Automated processes have not only contributed to streamlining repetitive processes, but have also helped organizations to function better. With more and more organizations adopting HR services and solution which are partly or fully automated in nature, it wouldn’t be surprising if small scale organizations too, completely rely on automated HR suites in near future.