[Software] What Is HR Software? Key Features, Benefits, and Types in 2024

[GL HERO SHIMA]

If you've ever worked in an office, you're likely familiar with the human resources department. It deals with benefits, compensation, onboarding, and a wide range of other functions related to employee wellbeing. HR software, in turn, is the digital resource used by these professionals to better manage and optimize the operations associated with the human resources (HR) team.

As with any business tool, the best HR software can streamline and organize your operations, saving you time, money, and headaches when it comes to managing your employees.

In this guide, you'll learn about what HR software is, how it can help your business, what kind of features you can expect, and how to choose the right option for your business.

What Is HR Software?

Human Resources (HR) software is an online tool used by businesses to track, manage, and optimize employee benefits, time-off requests, compensation, and other human resources tasks. It's typically used by HR professionals, as well as employees, so that everyone has a comprehensive way to stay up to date on all of these important employee management needs.

The HR industry has not always been so lucky as to have these kinds of platforms available to businesses. Vacation requests, compensation concerns, and other HR issues had to be handled in-person, or worse, over email with little to no organization to speak of. Some businesses still operate this way, which further demonstrates how valuable HR software can be.

Additionally, if using HR software is too labor-intensive for you and your team – for example, when you don't yet have your own in-house HR manager – you can always outsource the department to a third-party HR company. However, this is likely going to cost quite a bit more and won't necessarily provide the same in-house control and functionality you'd get with HR software.

https://tech.co/hr-software/what-is-hr-software