A business’ success goes beyond sales; it also depends on how it manages its people and operations. When it comes to engaging and overseeing the workforce to ensure the business runs effectively, relying on people management software can be a great help. Also known as human resources software, it combines a set of technology systems that enable your company to manage activities, projects, and operations related to its employees. So, how does the tech solution work? Here’s what you need to know about people management software.
Essentials of People Management Software
People management is described as a set of procedures that covers the end-to-end processes of talent acquisition, optimization, and retention while also providing ongoing support for the business and direction to the employees. The core principle of this is to manage people better in ways that make work easier, more accessible, and more impactful.
Filling the Gap of Managers
Not only does people management software help support business operations and ensure everything has a record, but it also fills the gap of managers. According to a report by The Predictive Index, communication skill is the most pertinent problem faced by managers in 2021.
This is most likely due to the COVID19 pandemic, where communication is hampering since the WFH implementation. In filling the skill gap that managers lack, people management can be utilized. With people management software, managers struggling with the issue can ensure that business operation runs well, as it can be monitored regularly, from the hiring process until daily tasks. People management software can also make it easier for managers and employees to give feedback because data collection will be under one pool of big data in a system.
Available Features in People Management Software
People management software comes in a variety of types. Some software packages are primarily concerned with a single aspect or function of the employee experience. There are applications designed particularly to assist you in hiring new employees, for example. Other software packages may include several different functionalities into a single service. Here are several common features available in people management software:
- Employee directory
- Employee profiles
- Electronic signatures
- Time off policy creation
- Time off tracking (with ability to approve and deny requests)
- Time clocks (clock in, clock out)
- New hire onboarding
- Performance management
- Payroll management
- Benefits tracking and administration
Choosing the Right Software
In choosing the right people management software for your company, there are several aspects you need to consider. First, decide the size of the company. If your business is small, you may not need much other than payroll software to get started. Things may still be managed in-person or manually using spreadsheets or a single cloud drive since there are only a few employees. But for bigger companies, you may need software that provides more functions. This can include hiring and onboarding features, time-tracking and PTO tracking, as well as employee profiles and directories.
It is also important to consider the budget allocated to afford the software. It is critical to always consult your finance department on what types of software you need and how much it costs. Take a look at this overview by Software Testing about people management software features and pricing.
Having considered the basics of people management software, it is noteworthy that your company might need one immediately. Be it a startup or a mature company, keeping track of people management-related aspects can make your workflow better.