As businesses grow and take on more employees, so does the need to implement a human resources (HR) software solution. HR software has become integral to managing employee information such as employment records, holiday entitlement, payroll, or attendance and absences.
Small businesses often may not have dedicated HR staff, so having a solution to automate daily administrative HR processes can be very valuable. As such, HR software for small businesses are generally low cost and with capabilities focused on managing smaller teams.
These solutions mainly help HR managers by enabling them to store all employee information in a centralized location. Other common small business HR software functionalities can include applicant tracking for recruitment, benefits administration, onboarding and training, attendance tracking, employee monitoring, performance reviews, succession planning, internal communication channels, as well as reporting and analytics. Employees also benefit from solutions offering self-service and mobile-access options as updating their personal information is much easier than using traditional pen-and-paper methods.