Are you looking for a way to streamline your business? One of the most important parts of this is how you handle payroll and HRM. The process can be confusing, so we’ve put together a guide on how to choose the best system for your company.
The first thing to do is figure out what features are most important to your company. Is it tracking hours or keeping up with employee information?
Human resource management systems are starting to be used by more and more Hong Kong enterprises. It’s easy for HRs to manage staff-related tasks, such as recording the clock in/out time, late or early leave records, creating rosters in Excel, and approving employees’ leave applications when using this system.
HR is a vital part of any company, and if they do not have an HR department to take care of things like payroll or benefits administration, it can be hard for the owner. They are usually left with hiring someone who has experience in these areas from outside the company which costs them more money than having their own resources on-hand would cost. Luckily there’s been recent innovation that makes this easier by automating some tasks traditionally handled by humans so employers don’t need as many staff members within their organization to carry out clerical duties such as processing resumes all day long just because one person was unavailable due illness or vacation time off. Choosing an HRM system is not that complicated and can be done in a few steps. The most important thing to remember, however, is being flexible since each company’s policies are different even if they’re on the same side of town. Here are some other factors you may want to consider when choosing HR software:
- Does it have all the features I need?
- Is this going to work for my business model now or will future growth require additional modules/features?
- Can we afford it as well as integrate with our current technologies such as CRM or ERP systems?
1. Is the system flexible enough?
The benefit of a system with powerful customization functions is that it will work for your company, not against you. For example, who can approve employees’ leave or overtime requests? Can you set whether there’s a buffer for each clock in/out record? How about whether Average Daily Wage (ADW) can be automatically calculated and tracked on rolling basis?
2. Does it comply with the Employment Ordinance?
The holidays that are celebrated every year can change, and there is always a chance of new laws coming into place. If the vendor doesn’t keep up with these regulatory updates or consistently upgrade their system to stay current on changes in law, then they may actually be breaking Employment Ordinance regulations themselves without even realizing it!
3. How secure is the HR platform
When it comes to data security and confidentiality, one of the most important things for your business when it comes to data security is encryption. Encryption scrambles sensitive information so that only authorized parties can read it, making information theft impossible.
4. Is the after-sales service good?
Let’s talk about how we’re going to take care of you. Is it clear what your subscription will cost? Are there hidden fees, or “gotcha” moments waiting for the unsuspecting customer down the line?
In order to maintain a high-quality service that never disappoints our customers, all subscriptions are priced as one flat fee per month (no surprise charges added on at checkout). We also offer optional add-ons and services with no strings attached – too good to be true?!
HR software is one of the most important tools for any company, but when choosing a vendor there are many factors to consider before making your decision. For starters you need to ask yourself whether or not this particular system will meet all of your needs and expectations.