Top 5 HRIS Systems for HR Management in 2024

HR management has undergone a significant change in recent years, primarily driven by technology. Outdated practices, such as time-consuming manual record-keeping and the cumbersome use of spreadsheets, have been replaced by more advanced and effective methods.

This transformation has been facilitated by the introduction of Human Resource Information Systems (HRIS), which have become vital tools for HR professionals. These state-of-the-art systems provide streamlined and automated solutions to diverse HR processes, enhancing their efficiency, accuracy, and accessibility.

In this blog post, we will explore the importance of HRIS systems and discover their notable benefits. Additionally, we will present the top five HRIS systems that have made a notable impact on HR management. So, let's get started!

What Are HRIS Systems for HR Management

Human Resource Information Systems, also known as HRIS, are software solutions specifically created to assist HR professionals in effectively managing and simplifying their HR responsibilities and information.

These systems are central for all HR-related activities, allowing businesses to automate administrative tasks and extract valuable insights from their data. HRIS systems encompass various features such as maintaining personnel records, processing payroll, managing employee performance, and facilitating talent acquisition.

Core Functionalities of HRIS Systems

To fully grasp the extent of their influence, it is essential to understand the core functionalities of HRIS systems clearly. Let's have a look:

• Employee Information Management: HRIS systems serve as efficient databases for storing and managing employee information. This includes personal details and employment history, ensuring everything is well-organized and readily available.
• Performance Management: These software platforms integrate employee performance monitoring, goal-setting, and appraisal processes seamlessly. This integration fosters a culture of continuous improvement and promotes clear communication.
• Payroll Processing: These tools are also used to automate payroll calculations, tax deductions, and labor law compliance. This saves time and greatly minimizes the risk of expensive mistakes.
• Benefits Administration: HRIS systems make managing employee benefits, such as health insurance and retirement plans, easy and efficient. These systems keep all the information well-organized and simplify the typically complicated administration process.
• Recruitment and Applicant Tracking: HRIS systems make the recruitment process easier for organizations by allowing them to post job listings, handle applications, and monitor candidates as they progress through the hiring process. This increased efficiency can greatly shorten the time it takes to fill a position.

Benefits of HRIS Systems for HR Management

Due to their advanced functionality and automation capabilities, HRIS systems offer numerous benefits to HR management. Let's explore the major ones:

1. Increased Efficiency and Time Savings

One of the main advantages of using these platforms is the drastic increase in efficiency. HRIS systems streamline and automate numerous time-consuming tasks, allowing HR professionals to dedicate their time to strategic initiatives and more valuable activities.

2. Compliance and Reporting

HRIS systems are created to assist organizations in maintaining compliance with labor laws and regulations. They achieve this by automatically implementing applicable rules and generating reports on compliance. This guarantees that the organization remains in accordance with the law, reducing the risk of expensive legal problems.

3. Data Accuracy

The process of manually entering data carries a high risk of errors. However, HRIS systems significantly decrease this risk by consolidating data storage and automating data input. This results in precise payroll processing, efficient benefits management, and adherence to labor laws.

4. Availability of Employee Self-Service

Employee self-service portals are a common feature in HRIS systems. These portals allow employees to access their personal information, request leave, and view pay stubs. This feature not only increases employee satisfaction but also reduces the administrative workload for the HR team.

5. Better Data Security

HRIS systems provide strong security measures to safeguard sensitive HR data stored in a secure digital environment. By implementing access controls and encryption mechanisms, these systems effectively prevent data breaches and unauthorized access, guaranteeing the confidentiality and security of critical information.

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The 5 Best HRIS Systems Every HR Manager Should Know

In the realm of HR management, it is crucial to know about and use the latest HRIS tools and platforms. To make your choice simpler, we have curated a list of 5 remarkable HRIS systems that every HR manager should know about. These systems offer a wide array of features and capabilities to enhance the efficiency of HR operations, enabling your organization to stay ahead of the competition.

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1. Paycor

Paycor is a flexible HRIS system that excels in processing payroll and provides a complete set of tools for HR management. It is specifically designed to meet the diverse needs of organizations of various sizes and industries. With Paycor, you can streamline multiple HR tasks such as payroll processing, benefits administration, and ensuring compliance.

Paycor also offers an excellent Talent Development feature. Paycor Talent Development streamlines the process of managing performance evaluations for HR leaders, eliminating unnecessary complexities and repetitive tasks. Instead of manually collecting feedback and capturing data in spreadsheets, our platform automates the process by effortlessly compiling data from a chosen time period and generating a comprehensive report for you.

Paycor is designed with user-friendliness in mind and offers an extensive array of features. Its interface is clean and easy to navigate, providing an intuitive experience for users of all technical abilities. Additionally, Paycor simplifies HR tasks by offering a range of helpful features. It also offers onboarding features, applicant tracking features, time and attendance, experience tracking, and more.

Pricing: Paycor offers different pricing options for companies of different sizes. Contact its sales team for pricing details.

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2. GoCo

GoCo is one of the best HRIS systems for HR management teams looking for a one-stop solution. The tool is designed to simplify human resources management for businesses with its comprehensive HR software features. Its user-friendly interface and HRIS modules automate various HR tasks such as employee onboarding, benefits administration, time tracking, and compliance management.

From payroll to compliance to time tracking, there isn't an HR function that GoCo can't handle. You can use its top-of-the-line payroll feature to efficiently run payroll from start to finish. Using our industry-leading Payroll Grid, you can quickly and effortlessly prepare and process payroll in just minutes, saving you valuable time. Similarly, you can use its excellent reports to access your data, identify trends, and quickly gain valuable insights.

Another excellent feature of GoCo is its seamless integration capabilities. You can easily integrate it with popular apps and software solutions you use daily, providing a comprehensive HR experience all in one place. Whether it's productivity tools or top-of-the-line payroll providers, GoCo easily integrates with them all. This makes managing your workflow several times more manageable.

Pricing: GoCo is a complete and true HRIS system covering every human resource management aspect. It is also quite budget-friendly. GoCo's pricing starts from $5 per employee per month. You can also request a custom quote for your unique needs.

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3. Gusto

Gusto is a renowned cloud-based HRIS software that offers various essential features for human capital management. While its speciality lies in handling payroll, you can also use the software for its excellent onboarding, talent management, time, and attendance tracking capabilities.

With Gusto, you don't have to worry about managing payroll or employee benefits. The software is highly capable of handling it all for you. You can use it to automatically file your taxes and run payroll multiple times a month without any additional charges. Your team can receive their payments with just a few clicks. You can also conveniently set it on AutoPilot.

Known for its simplicity and ease of use, Gusto is a great option for small and medium-sized businesses. Its user-friendly platform can help enhance an organization's performance while effectively managing compliance and improving the bottom line.

Pricing: Gusto has multiple pricing options, and you can pick the one that meets your needs and budgets. Its most basic plan - called "Simple" - costs $40 per month.

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4. Bridge

Bridge is a comprehensive HRIS solution that is created to support various functions of business operations. It can help you with leadership development, sales enablement, and extended enterprise. The software also offers a fantastic LMS, integrated peer-to-peer video capabilities, and performance management tools.

With Bridge, you get a wide range of features that cater to all your employee development needs. Moreover, Bridge provides valuable analytic reports that enable managers and administrators to make informed, strategic business decisions. Employers and HR managers can use Bridge to align their performance reviews, organizational goals, and 1-on-1 agendas with the learning management system. This way, whenever an individual seeks or requires new skills, the right courses can be assigned to them.

With its excellent employee engagement feature, Bridge offers excellent user-friendly engagement surveys employers can use to actively listen, analyze, and take action based on employee feedback. The software also gets regular updates, so you will always be using the latest technologies.

Pricing: Pricing details are available upon request.

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5. Rippling

Rippling is one the leading HRIS platforms designed to streamline HR, IT, and finance for businesses. By integrating these functions, Rippling simplifies HR processes and ensures consistent data across different departments. The software offers a large variety of features and functions, including global payroll, time & attendance, recruiting, learning management, and more.

With the ability to connect to over 500 applications, this software simplifies the process of exporting and importing data. It is specifically designed to meet the unique HR needs of small and midsize businesses, offering seamless integration of employee information and automation of various HR functions.

Rippling is an entirely online and paperless tool, and it efficiently handles important HR tasks like onboarding new hires, managing payroll, generating offer letters, and organizing health insurance, all in a timely manner. This also helps you minimize human error and ensure that everything remains up-to-date without any hassle. Another unique feature of Rippling is its role-based permission system. It allows you to effortlessly grant access to specific Rippling services and customers' third-party apps based on department or level. This functionality enables you to give other individuals, such as managers and junior admins, the necessary access privileges.

Pricing: The HRIS cost of this software starts from $8 per month. You can contact the team for a free price quote.

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How Can HiPeople Help?

Along with managing human resource tasks and existing employees, HR teams often also have to oversee the recruitment of new candidates. In such scenarios, having powerful tools that can streamline your candidate assessment process can be incredibly helpful. That's where HiPeople comes in!

HiPeople is not just another candidate assessment tool - it's a game-changer in the world of talent acquisition. The software uses advanced AI algorithms to thoroughly evaluate candidates through its effective assessments. By analyzing their skills, competencies, and potential, you can quickly and accurately select the most suitable individuals for your job vacancies. With this tool, you'll spend less time sorting through resumes and more time interacting with the ideal candidates.

HiPeople has an extensive Assessment Library that offers a comprehensive collection of assessments for diverse skills and industries. Whether you are recruiting for technical support positions, sales roles, or leadership positions, HiPeople has customized assessments to meet your specific requirements.

HiPeople streamlines the reference-checking process by offering comprehensive details about a candidate's background. The automated reference check feature helps you make better-informed hiring choices while saving time and resources.

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Conclusion

So there you go! These were our top five HRIS applications for modern-day, fast-paced organizations. From automating HR processes to using data for decision-making, the right types of HRIS systems can significantly impact your organization.

As we conclude this blog post, we want to stress the importance of staying up-to-date with HR technology. Consider investing in a top-notch talent assessment platform like HiPeople to empower your HR management and improve talent acquisition. HiPeople's AI capabilities, extensive assessment library, and reference check features can expedite and improve your candidate selection process with precision. So, sign up for HiPeople today!