Benefits of an HRIS
- Record-keeping : can be seen as the single source of truth when it comes to personnel data.
- Compliance. Some data is collected and stored for compliance reasons. This includes material for the identification of employees in case of theft, fraud, or other misbehaviors.
- Efficiency. Having all this information stored in one place not only benefits accuracy but also saves time.
- HR strategy. The HRIS permits the tracking of data required to advance the HR and business strategy.
Working with an HRIS has multiple benefits for the organization, HR, and the employee. Using an HRIS becomes interesting when you have between 30 to 50 employees.
At this time, managing this basic information in Excel becomes cumbersome and simple procedures like approving employee holidays need to be standardized.