A Human Resources Information System (HRIS) is a database that allows employers to track and report various employee-related information. Employers can usually customize the system to their organizational needs, identify and add specific modules, and activate features associated with each module.
HRIS has the broadest range of capability of HR-related systems and often tracks information related to many different HR functions, including:
- Time and attendance
- Salary and benefits administration
- Performance management
- Recruiting and selection
- Learning management
An Applicant Tracking System is a software application that assists specifically with recruitment. The main function of ATS is to provide a central location and database for an organization’s recruitment process. Applicant tracking systems can manage applications received and job requisitions, report key metrics associated with the recruitment process, and can even automate communications with applicants and aspects of the on-boarding process.
A Learning Management System/Performance Management (LMS) is a software application used for the administration, documentation, tracking, reporting, and delivery of educational courses or training programs. Such systems can manage information related to learning and performance management including:
- Skills and competencies
- Training and education programs and participation
- Succession and career development planning
- Performance reviews
- Multi-rater assessments
A Talent Management System is a software application that focuses on providing assistance to organizations with regards to managing talent. It is very similar to an HRIS or an LMS and typically allows organizations to track information related to the following areas of talent management:
- Recruitment and hiring
- Performance management
- Recognition and rewards
- Learning and development
- Compensation management
These systems are useful in helping organizations meet current and future organizational needs by integrating strategies and systems designed to improve processes for recruiting, developing, and retaining key talent.
Compensation Management Software is used to manage and automate compensation and benefits processes. The software can be utilized to manage bulk data, minimize human error, and reduce processing time in regards to the administration of benefits and compensation.
It often includes features which help track market pay data, plan merit increases, determine accurate budgets, conduct compensation analysis, as well as build and manage compensation structures and pay for performance plans.
Time and Attendance Software is used to record employees’ start time, end time, and attendance records. It is also commonly used to track:
- Meals and breaks
- Paid time off
- Jury duty
Time and attendance software helps organizations with controlling labor costs by reducing over-payments, decreasing time spent on tracking time and attendance, and also providing detailed records of attendance issues.
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