Key Facts about Human Resource Management Software in Bangladesh
With the digitalization of Bangladesh, there are lots of upgrades with the technical process that can help to fulfill the aim of digital vision. The popularity of Human resources management software in Bangladesh is a hike now.
Among the technical processes, human resource management software is the one that has been at its peak recently. Lots of companies are innovating and competing with better options than others to gain the market. But a company takes that decision wisely according to the business size, types of human resource and working activities.
What is Human Resource Management Software?
HRM software is not a single thing that can be defined easily. If you want to know the basics of it, then take it as the compilation of the management systems of the whole working environment to the aim of effective and efficient business activities.
Another important purpose of the software is to centralize all the activities of a management system in an organization. Sometimes one detail tool is enough with several management systems and sometimes there are different packages for different functions in the management activities.
Let’s see what activities it can cover?
- This module helps to pick the vacancy announcements.
- It is used for tracking applications, taking exams, and evaluating the applicants.
- The overall monitoring of the workforce includes attendance, payroll, appraisal, performance, etc.
- A smart module to reduce the timing of the workload and provide an errorless finish.
What features should be available in HRM Software?
Human Resource management software can be able to perceive lots of features in itself. In Bangladesh, marketplaces can provide different types of human resource management software for a wide range of functions. The price also depends on the functions.
Tracking Employees
This feature can help you track the employees when they join or leave the office. With the help of this, the assigned task can be evaluated too. Even if some shift exchange needs to be approached, then Human resource software is the best module to do.
Appraisal Evaluation
This software is beneficial for evaluating the performance of the employees. If you live distant from the working area or office, you can keep an eye on the employees through the module. You don’t have to suffer to any level to supervise the employees. Setting unique goals for them would be easier.
Attendance Management
Attendance management is another thing to be featured with this. Absence, sick leaves are easy to manage with the software that provides the exact data.
Recruitment Process
Except for some public and small companies, all can afford the Human resource management software in Bangladesh. So, the management can carry on the recruitment process through software. Without the system, there would be the pressure of preserving and retaining lots of data.
Payroll System
One of the popular and necessary features of HR management in the world. There are numerous data on handling the salary, overtime, insurance, pension, and other employee benefits and deductions. This wide range of data is like a burden as there is a large number of employees. But the payroll feature can minimize the pressure of maintaining this hefty situation.
Generating Reports
The long-lasting feature that you can get from the system is the recording data. All small and large information can be preserved for future use.
Factors that you need to consider during purchasing a Human Resource Management Software
Compliance with Law
There are lots of software from different companies and not all the software takes care of the laws and regulations. But the process should not interfere with the compliance of the tax and labor laws.
If the system doesn’t align with the tax provisions and labor laws then you cannot use the reports that are necessary to work with. So, before purchasing the software you have to examine and check the standard that the system follows.
Standard Pricing
The highest price of the software goes with the premium users of the tools as these tools are exclusive. But the matter is that sometimes there are high function tools that are available for free. So, do market research and then make the decision to find the necessity of purchasing the premium tool at a higher price.
Continuous Support
Any tool requires continuous support for uninterrupted service. So, if the service provider makes any mess for providing the regular service or if you feel any disruptions to the service, then avoid the tool and provider.
Customization & Flexibility
The more flexible a system is, the better for your service. Usually, there are customizing features in every tool but you have to select the tools according to the activities of your company and the size of your business.
Effortless
Effortless
Another considered matter is the ease of use of the tools. The tools would be generated by some of the employees of the company. It should not be like this that your employee has to be an engineer or need a major training on the tool. The best thing is just using the tools without any hard work.
Easy Connectivity
The type of connectivity should be aligned with the current infrastructure system of the management software. If you change the software and the implementation doesn’t go in line with the activities and management of your HR, then it would hamper the whole system.
Challenges in Implementing HRM software in Bangladesh
The potentiality of human resource management software in Bangladesh would be higher than that of the current condition. But there are some obstacles for which the popularity of the HRM software does hike much. The challenges arise for some prominent problems.
Insufficient Knowledge about HRM
One of the major reasons to go against development and popularity is the lack of HRM knowledge. Lack of sufficient HR knowledge causes problems to design solutions to management activities. So, the company has to find the solutions that they need and it requires adequate knowledge.
Insufficient Budget
It is another insufficiency that companies may suffer. The software requires a standard budget that may seem to be untouched for many companies. But recently there some free software that can help the organizations but the verifiability and credibility may fall in threat. The cost of infrastructure and installation of the system may bring about a substantial cost.
Scarce Staff
Lack of staff is another problem when the software is about to be applied. Most of the time, properly-skilled employees are not there all the time or in the whole organization. Usually, this happens for Small businesses and companies. But nowadays there is some specialized software for small businesses.
Lack of IT Support
When a company purchases software, it has to retain the IT expert employee for maintaining the tools regularly. On the other hand, uninterrupted service is a must for the programs. The insufficiency of this IT support greatly affects the accessibility of the HRM tools.
Dynamic Behavior
For the lack of dynamic behavior, people are not used to perceiving new or necessary tools for the company. Sometimes it happens that a highly profitable company cannot replace the old HRM software with a new module with highly functioned programs that are necessary for that company. The updated programs can reduce the excessive work burden from the big company but they feel pressured and fear to accept the newer technology.
Final Verdict
HRM software is not new in Bangladesh. This is prevailing for many years now and supporting thousands of companies to manage the Human Resource in a great manner.
Companies have to be more dynamic and knowledgeable to absorb the best benefits from software in our country. Among thousands of HRM software, Jibika Plexus is one of these, which fulfills all the activities under an umbrella avoiding all the odds in Bangladesh.
