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2020 HRIS Solutions: Find The 5 Best Here!

"Never settle for less. Uncover the top 5 HRIS Systems for 2020 and get the most out of your Human Resources investments. Click Here To Learn More!"

Are you looking for the best HRIS system to help you manage your human resources tasks in 2020? Look no further. We have researched the top 5 HRIS systems and created a comprehensive review of each so that you can find the one that best meets your organization's needs. In this article, you will gain an in-depth understanding of the features, benefits, and cost of each HRIS system to meaningfully inform your decision-making. Find out which of these 5 HRIS systems is the right fit for your business.

Table of Content:

  1. Introduction
  2. What is HRIS and What Does it Do?
  3. Criteria for Evaluating the Best HRIS Systems for 2020
  4. The 5 Best HRIS Systems for 2020 • iRecruit • Namely • BambooHR • Zenefits • SAP SuccessFactors
  5. Benefits ofModern HRIS Systems
  6. Key Takeaways
  7. Limitations of Modern HRIS Systems
  8. Conclusion

  1. Introduction

Introduction The Human Resources Information System (HRIS) is a crucial tool for businesses to efficiently manage their most valuable asset – their employees. It’s important for every company – regardless of size or industry – to step up their HR processes and invest in a reliable HRIS platform that can handle everything from employee onboarding and core HR processes to timekeeping and payroll.

Finding the right HRIS system for your business can be a daunting process. That’s why we took the time to evaluate the top systems available and present the best HRIS systems of 2020. We’ll discuss the criteria we used for evaluation, what you should look for in an HRIS system, and the potential benefits of making the switch to a modern HRIS system. We’ll also provide an overview of the top five HRIS systems so that you can choose the one that best meets your needs.

  1. What is HRIS and What Does it Do?

Human Resource Information Systems (HRIS) are designed to manage employee information for businesses. In its simplest form, an HRIS stores employee information such as name, address, phone number, job title, salary and benefits information. Additionally, an HRIS often tracks employee performance metrics, vacation and sick days used, and any disciplinary action taken.

More and more businesses are incorporating HRIS systems into their operations as home offices have become the norm and virtual workplaces have become more common. These systems enable workloads to be separated amongst departments, improve production speed by streamlining the employee recruitment and onboarding process, and facilitate communication within the organization.

An HRIS is also very important when it comes to compliance with laws such as the Americans with Disabilities Act, the Family Medical Leave Act, and regulations regarding equal pay. These comprehensive systems help organizations stay compliant with regulations and ensure their practices are up to date.

By offering employers the ability to track and monitor employee information, HRIS systems help companies to reduce paperwork, streamline communication, and better manage employee performance, productivity, and development. Ultimately, HRIS systems are designed to enable employers to get the most out of the available talent and resources.

Overall, HRIS systems offer a wide range of benefits to employers, from reducing the time and effort needed to access employee information, to maximizing productivity and compliance. With that in mind, let’s take a look at some of the best HRIS systems available in 2020.

  1. Criteria for Evaluating the Best HRIS Systems for 2020

When evaluating Human Resources Information Systems, it is important to consider the features, functionality, cost and support before settling on a particular system. In this section, we will look at the key criteria for evaluating HRIS systems in the year 2020.

Data Storage and Security A reliable HRIS system should have a proven track record for data storage and security. Your system should be able to protect the privacy of your employee data. Make sure that your system stores data securely and encrypts information wherever necessary.

Functionality The key functionality of an HRIS system should include the ability to manage recruitment, employee onboarding and termination processes in an efficient manner. The system should also have features that help you manage payroll, time and attendance, employee schedules and reviews.

Cost The cost of an HRIS system should be reasonable and manageable. Some HRIS systems offer free trials and demos, which allow you to get an idea of the features and functionality of the system before investing.

Support Look for a HRIS system that offers reliable customer support. The system should offer an uptime guarantee for their service, ensuring that you have the ability to access your system's features. Technical assistance should be available whenever needed.

Customization The best HRIS systems will offer customizable features that are tailored to fit your particular needs. They should have a user-friendly interface and should allow for the integration of other systems.

These are the key criteria for evaluating HRIS systems in the year 2020. It is important to keep in mind that the most important factor in selecting an HRIS system is to find one that best suits your particular needs and budget.

  1. The 5 Best HRIS Systems for 2020 • iRecruit • Namely • BambooHR • Zenefits • SAP SuccessFactors

Finding the right HRIS system for your company can be overwhelming. With so many different features, platforms and pricing options available for HRIS systems, it can be difficult to decide which one is best for you. Finding the right system can help take the hassle out of managing and tracking employee data, giving you more time to focus on other areas of your business.

That’s why we’re exploring our top five picks for HRIS systems for 2020. Whether you’re looking for a comprehensive HRIS solution or an employee database and tracking resource, we’ve got you covered.

The first HRIS system on our list is iRecruit. iRecruit is an all-in-one HR solution that helps businesses manage their employees, recruit new hires, track job applications and maintain employee information. This platform is easy to use and is perfect for businesses of any size looking for an HRIS system to simplify their HR process.

The second HRIS system on our list is Namely. Namely is an HRIS solution that offers online access and allows companies to reconcile payroll, manage time off, onboard new hires, build onboarding plans and maintain an employee directory.

The third system on our list is BambooHR. This cloud-based platform provides businesses with HR features such as employee onboarding, employee database, document storage, reporting and analytics and review process.

The fourth HRIS system on our list is Zenefits. Zenefits is a web-based platform that offers features such as onboarding, time tracking, performance reviews and employee rewards to businesses of any size.

The fifth system on our list is SAP SuccessFactors. SAP Success Factors is an all-in-one cloud-based platform designed to streamline HR processes such as performance management, learning and talent management, recruiting and onboarding, and much more.

With so many great HRIS systems to choose from, we hope our list of the 5 best HRIS systems for 2020 will help you find the perfect fit for your business.

  1. Benefits of Modern HRIS Systems

Modern HRIS systems are transforming the way businesses and organizations manage both employee records and performance. By introducing advanced automation and analytics, businesses can now streamline their HR processes and gain visibility into their employee data. With the right system in place, businesses can observe improved productivity, improved efficiency, and a better employee experience.

There are numerous benefits to implementing a modern HRIS system, which include:

  1. Automated Processes – Modern HRIS systems feature a wide range of automated processes that significantly reduce manual labor and paperwork. Streamlining processes can significantly improve efficiency, accuracy, and save businesses time and money in the long run.

  2. Business Insights – Using a modern HRIS system equips businesses with valuable analytics and reporting capabilities, which can provide transparent insights into the performance of their team. This enables organizations to identify turning points, discover areas for improvement, and track success over time.

  3. Enhanced Employee Experience – Modern HRIS systems also benefit employees. With automated processes in place, employees can enjoy increased autonomy and access to their data.

  4. Compliance & Security – By utilizing modern HRIS systems, businesses can ensure compliance with regulatory standards, industry requirements, and corporate policies. HRIS systems also ensure the privacy and security of employee data.

  5. Cost-Effective – Last but not least, modern HRIS systems are cost-effective. This is true both in terms of implementation and maintenance, as well as saving money in the long run since the system can be used over a long period of time.

  1. Key Takeaways

When selecting the best HRIS system for your organization, there are a few key takeaways to keep in mind. First, be sure to thoroughly research every HRIS system out there to make sure it fits your organization's needs. Read reviews, compare features, learn more about the customer service, and take the necessary steps to make sure that you are getting the best system for your money.

Another important takeaway is to consider how user friendly the system is, as this will determine how easy it is for employees to use it on a daily basis. Make sure that it is reliable and has great customer service in case something does go wrong. Lastly, consider the cost of the HRIS system and the long-term benefits it can offer. Evaluate the features and make sure you’re getting a system that provides value for what you’re paying.

  1. Limitations of Modern HRIS Systems

When it comes to modern HRIS systems, it is important to understand their limitations. While there are many benefits to using these systems, there are also potential drawbacks.

The first limitation of modern HRIS systems is the cost. These systems can be expensive to purchase and implement. In addition, many of these systems are not intuitive and may require outside support which can add to the overall costs.

Also, HRIS systems can be complex and time-intensive to manage. They require extensive training of staff to become proficient in their operation, as well as frequent updates and maintenance.

Another limitation is security. Data within the system must be stored securely, as employee records and other sensitive information may be at risk. Without proper security protocols and regular maintenance, there is always the risk of these systems being hacked.

Finally, some systems can be slow and laggy. As such, they can take time to respond to requests, which can slow down processes.

These limitations can be a deterrent for businesses when considering HRIS systems, and should be taken into account when evaluating the different options. Despite their drawbacks, many businesses find that modern HRIS systems are invaluable in managing employee data and providing a streamlined HR experience.

  1. Conclusion

Conclusion

The modern HRIS system is an invaluable tool for organizations of all sizes. Advanced technology has made it possible to store employee data and information more efficiently, while also allowing for more comprehensive employee tracking and analytics. With the right HRIS system, businesses can streamline their human resource management processes to improve performance and productivity. The five best HRIS systems mentioned in this article are iRecruit, Namely, BambooHR, Zenefits, and SAP SuccessFactors, and each offer unique features and integrations that can make managing a business’s workforce a breeze.

HRIS systems can provide a number of advantages to businesses, including improved communication between departments, improved employee tracking and analytics, and improved compliance with regulations such as the Affordable Care Act. However, they can also be costly and may not provide all the features a business needs. It is important for businesses to consider their specific needs and evaluate HRIS systems before making a purchase decision.

In conclusion, businesses should thoroughly research and vet various HRIS systems before purchasing one to ensure they find the best fit for their organization. The five best HRIS systems for 2020 are iRecruit, Namely, BambooHR, Zenefits, and SAP SuccessFactors, each of which offers unique features and integrations. While each system offers numerous advantages, businesses should always consider their individual needs and evaluate HRIS systems before making a purchase decision.