Systems Overload: Types of Human Resources Information Systems

If your business is growing and it’s becoming more difficult to keep track of your business’s analytics, a Human Resource Information System software may be something that could help keep track of everything for you. There are different types of human resources information systems so be sure to choose the right one for you.

3 Types of Human Resources Information Systems

If your business is interested in using a human resource information system to help with keeping track of the data for employees, payroll and bookkeeping electronically, find out which type of systems would work best for your business.

Human Resources Management Systems (HRMS)

The Human Resource Management System may only have one letter difference from the Human Resource Information Systems (HRIS), but it has an abundance of differences in the features that the software provides.

The main features are the following:

• Time and Labor Management
• Payroll

Scheduling is something that an HRMS lacks from its software, and scheduling is what HRIS has that sets it apart from an HRMS, which could be beneficial to a business that may have started using an HRMS and is interested in upgrading their human resource systems.

Human Capital Management (HCM)

By definition, the Human Capital Management (HCM)  is a way for an employer to be able to staff his business properly by measuring the value of the employees. The HCM approach views the employees as assets to the business, and through time, the employees can be enhanced with investment.

Including a HRIS, a Human Capital Management also offers the following features:

• Analytics
• Performance and Goal Management
• Succession Planning
• Position Control / Budgeting
• Salary Planning
• Onboarding

One feature that you will not find in an HCM is a Learning Management System, due to the system focusing more on the development of the employee.

Human Resource Information Systems (HRIS)

A Human Resource Information Systems (HRIS) is the all-in-one system that has the most benefits of all the human resource systems. The software has many features that the other systems may not have that are beneficial to a company.

The features involved in an HRIS:

• Recruiting / ATS (Applicant Tracking System)
• Core Human Resources
• Benefit Administration /Open Enrollment
• Absence Management
• Compensation Management
• Training & Development
• Workflow
• Self-Service (Candidate / Employee / Manager)
• Reporting
• Recruiting / ATS (Applicant Tracking System)
• Core Human Resources
• Benefit Administration /Open Enrollment
• Absence Management
• Compensation Management
• Training & Development
• Workflow
• Self-Service (Candidate / Employee / Manager)
• Reporting

The HRIS holds almost triple the amount of features than the other systems. It is the best software for a company that is looking to have the most data for their company all stored in one database.

Which HRIS system will you choose?

When choosing the best software to use for your company, remember to choose based on the data that you would want to collect. Whether it is focusing on employees or basic payroll, there is a system that is right for you. Interested in HRIS software? Build a better business today!