How Can HRIS Contribute to a Business?

Most businesses, big or small, can benefit from a human resource information system, or HRIS. An HRIS makes it much easier to manage all facets of the human resources department. Many small businesses especially think that the cost of an HRIS might not be worth it. This couldn't be further from the truth. In this blog, we’ll outline why an HRIS for small business can make a huge contribution.

Help Employees Help Themselves

Your HR department doesn’t have time to be answering employee questions all day. With HRIS for small business solutions, your employees will get access to an employee portal that can answer most, if not all, of their questions. They can view their payroll, benefits, request vacation, download tax forms and more. This saves time for both the employee and the HR rep.

Automate Your HR Department

Many businesses think automating means that the need for an employee will be eliminated. Automation is more of a tool to enable better work than a replacement for human input. With an HRIS platform, the most tedious HR tasks can be automated so your HR team can focus on strategic work that matters more.

Help Employees Communicate

Emails, Slack and other communication platforms can cause employees to lose information and communications in the shuffle. Switching between communication apps constantly is not only a pain, but it also takes time out of the day. With an HRIS platform, all communications can be accessed from a central hub, connecting everyone like never before.

Analytics

An HRIS can also collect data and analytics about your business. These actionable insights allow you to see how your company is performing and where it could do better. Valuable data is hard to come by, but a good HRIS can compile this data for you and make it easily readable and parseable.

Choosing an HRIS for Small Business

If an HRIS for small business sounds like the perfect solution, be sure to find a platform that fits with your business. An HRIS platform can give you the tools you need to help your business grow, so make sure you also seek one out that gives you the ability to scale your platform with your business.

Read a similar article about the best software for insurance brokers here at this page.

Benefits of Using PEO for Your Company

Many companies can benefit from the services of a professional employer organization, or PEO. If you’re considering hiring a PEO to help your company, you might be wondering what the primary benefits will be. This is a common question — and a good one to ask. In this blog, we’ll talk about the best PEO benefit plans and why you should consider hiring a PEO to help with your HR and IT.

Save Time

One of the most common reasons to hire a PEO is to save your company tons of time. A PEO is able to take care of all of your HR processes for you. This frees you and your team up to focus on the myriad other tasks on your plate.

Save Money

Despite the fact that PEOs are paid services, they can actually save you money in the long run. When you’re a small or medium-sized business, every hire counts. You have a salary to cover, along with benefits, training and much more. The cost of hiring a PEO can easily be outweighed by the costs of hiring full-time staff members. Plus, the PEO service won’t need any training or onboarding. You simply hire them and start reaping the benefits.

And that’s not even diving into how much they can save you on benefit plans. The best PEO benefits plans will often be much cheaper than sourcing benefits on your own. This is because when you hire a PEO, you’re added to their network. Having a network of clients allows them to get drastically reduced prices on benefits plans. They then pass these savings on to your company. So not only is your HR processes being taken care of, you now have a better benefits plan at a cheaper price.

Compliance

Compliance can be hard to stay on top of, and errors can be extremely costly for small or medium-sized businesses. A PEO will take care of compliance for you, so you don’t have to worry about something slipping through the cracks or an error setting you back.

Choosing a PEO and the Best PEO Benefits Plans

The above benefits are just scratching the surface of what a good PEO can offer. If you’re looking to hire a PEO, make sure you find one that offers the above services along with the best PEO benefits plans possible. Once you start seeing the benefits and savings for yourself, you’ll be glad you made the decision.

Read a similar article about workforce management software here at this page.