Introduction
ERP systems - software tools used to manage enterprise data help organizations deal with supply chain, receiving, inventory management, customer order management, production planning, shipping, accounting, human resources management, and other business functions introduces best practices which are defined as simply the best way to perform a process.
Major ERP vendors, include SAP, Oracle, J D Edwards, Baan and PeopleSoft - support major functional areas of the business - sales order processing, purchasing, production planning, financial accounting, management accounting, human resources etc. Most firms implement single ERP package rather than selecting different modules from different ERP vendors.
records basic demographic and address data, selection, training and development, capabilities and skills management, compensation planning records and other related activities. Initially, businesses used computer based information system to:
Produce pay checks and payroll reports; Maintain personnel records; Pursue Talent Management
Personnel Management
It includes numerous software components, which allow to deal with human resources tasks more quickly, accurately and efficiently. HR master data, Personnel administration, information systems, recruitment, travel management, benefits administration, salary administration
i. Personnel Administration
It streamlines personnel record-keeping where master record keeps details about employee provides complete labour tracking and over time control information shared by multiple entities across an organization. eliminates duplicate entries, reduces chance for error and improves data accuracy
v. Benefits Administration
links employee data to benefits data including employee benefit election data advanced systems enable employees elect and update preferences via web can define eligibility groups and rules based on a wide range of factors. can determine the variables, rules and costs formulas for each benefits plan.
Organizational Management
assist in maintaining an accurate picture of organizations structure organizational units, positions, jobs, tasks defined in this enables to create positions for all or part of the organization
Payroll Accounting
helps organizations calculate payroll, compute taxes, generate payroll-checks, generate tax & payroll reports additional benefits, social aids and additional deductions can be defined according to organizational needs With country specific versions of payroll accounting, you can fulfill language, currency and regulatory requirements
Time Management
to plan employee vacations and shifts employee timetables can be planned and tracked easily helps minimize vacation day overlap stores organizations business rules and automatically validates hours worked and wage types.
Shift Planning
helps to plan workforce requirements quickly and accurately. can plan shifts according to requirements taking into consideration all criteria, including absences due to leave or sickness, and employee requests for time off. enables to temporarily assign an employee or employees to another organizational unit where they are needed.
Personnel Development
ensures that goals of the organization and the goals of the employee are in harmony improvements in employee performance, employee potential, staff quality, working climate and employee morale includes career and succession planning, profile comparisons, qualifications assessments, additional training determination, training and event management
HR Web Server
Web Server enables employees to reach and use HR functions employees enter and update data Employees can track trainings ; managers can track performance of employees & require training accordingly
Conclusion
HR management, decision-making and workforce development strategic areas of focus creating, maintaining and updating personnel records time consuming ERP systems has simplified these processes helps in recruitment, development, compensation and retention
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