What is HRIS, HRMS and HCM?
What is HRIS, HRMS and HCM?
The term Human Resources refers to the people that comprise or make-up the workforce of a company or organization. This term can also be referred to as Human capital, and the two are sometimes used interchangeably.
The Human Resources Department (or simply referred to as HR Department) of an organization has the main responsibility of managing the Human Resources of company, and this includes overseeing the following:
- Overseeing recruitment
- Compliance with labor laws
- Administering and managing employee benefits
- Dismissal of employees
HRIS stands for Human Resource Information System. HRMS stands for Human Resource Management System. HCM stands for Human Capital Management System. Whether you refer to it as HRIS, HRMS, or HCM, most of the time these refer to one and the same thing. HRIS / HRMS / HCM is a software or software suite used to manage the employees of a company.
- HRIS – Human Resource Information System
- HRMS – Human Resource Management System
- HCM – Human Capital Management System
It is normally composed of several modules that help focus on different aspects of managing the company’s employees. Some systems might contain only a few modules, but a complete HRIS, HRMS or HCM like the Everything At Work System should contain a complete suite of modules.
HRIS / HRMS / HCM Modules
This is where you manage employee profile information and the movement of the employee within the company.
This lets you manage the work schedule of your employees, as well as setting the holiday calendar and scheduling of official business.
Time and Attendance
This allows you to process time-logs and compute for the attendance of your employees, including determining their absences, late, undertime and overtime work.
This lets you configure the types of leaves available, as well as manage employee leave benefits, schedule leave requests and track leave balances.
Compensation and Benefits
This is where you can configure employee salary information, as well as other allowances and benefits that an employee is entitled to.
The Payroll Module handles the automatic calculation of the payroll of your employees, and generation of bank files and reports that need to be submitted to the various government agencies.
The Personnel Development Module lets you manage your company’s training program, which can be per job position and can be further customized per employee
The Performance Management Module is where you can setup and conduct the performance appraisal for employees.
The Accountability module lets you track the non-cash and cash accountabilities of an employee.
Occupational Safety and Health
This module lets you track and monitor medical exam results, work-related accidents and drug test test results.
The Talent Acquisition Module lets you manage the complete recruitment cycle of your company. This begins with manpower requisition, includes job application, applicant screening until eventual hiring.
Once an employee is hired, you can initiate an onboarding checklist which can be managed through the Onboarding module.
Offboarding / Termination Workflow
This module will help ensure that proper clearance is achieved by each employee who is leaving the company, and that a clear termination workflow procedure is followed so that nothing is missed.
Employee Self-Service Portal
The Employee Self-Service Portal helps alleviate mundane tasks from your HR team by empowering your employees to do simple HR-related tasks themselves.