What are the best HR software options for small and medium enterprises

Before we begin with the textual knowledge about the HR software, let’s focus on the graphical presentation displayed above. The human resources (HR) software market is expected to elevate to a level of $33.58 billion by 2026. It’s remarkable!

The addition and modification in the best of software are taking place at lightning speed. Therefore, it’s not possible for every firm, especially those belonging to the category of small and medium enterprises, to keep themselves abreast with the pace of advancement. So for easing their task of choosing the best, we at Software Suggest have come up with the top 5 HR software system options, especially for small and medium enterprises.

Let’s understand what are the expectations of SMEs from their HR software system:

Although every business needs a software tool to manage its human resources and leadership development challenges, SMEs bear some extra burden in terms of;

  • Lack of dedicated human resource
  • Gaps in job expectation and job performance
  • Poor record-keeping practices
  • High level of employee attrition

Here we have curated a list of the best HR software systems for these enterprises. These software are power-packed with credentials of:

  • Applicant tracking and onboarding
  • Compensation planning
  • Succession planning
  • Employee self-service
  • Time tracking system
  • Attendance management
  • Referrals
  • Integration tools like a newsreel, internal communication messages, etc.
  • Reporting management
  • Mobile access through app or web browser

What kind of HR software system works best for SMEs?

HR software solutions cater to multiple HR needs like human capital management HCM, human resource management system HRMS, human resource information system HRIS, talent management system TMS, and more. Apart from this, the HR software options for small and medium enterprises can be classified based on software deployment, self-service, and intent.

Core human resource management solutions:

By the term ‘core’, we mean the administrative task of payroll management, time and attendance management, workforce planning, and regulations. It also streamlines the employee self-service tasks like work data updates.

Integrated human resource solutions:

These HR software options integrate well with all the areas of human resources and administration. It also takes care of learning management modules.

Strategically structured human resource solutions:

It eases and improves employee hiring, employee retention, performance, and training. We also refer to it as a talent management software system.

Belonging to a small and medium enterprise, now you can choose the HR software which best serves your purpose. Either choose a multi-function HR software option or a specific function-oriented one, based on your need.

5 Best HR software systems for small and medium enterprises SMEs

1.   Keka

Keka is an HR software for payroll solutions and HRM. It speeds up the job of the human resource team and also ensures better performance and accuracy. It is an ace of the HR software market. It is a modern approach to management practices that allows the firms to streamline the payroll process and manage the employees effectively. It also helps to hire, keep and train the top talents. Basically, it is a staff-oriented rich payroll system that helps hire and nurture top talents.

Features:

  • Applicant tracking
  • Attendance management
  • Expense management
  • Employee finances
  • GPS attendance
  • Loans and bonuses
  • Leave management
  • Performance management
  • Payroll management
  • Statutory compliance
  • Timesheets

2.   HRMantra

HRMantra is amongst the world’s most upgraded HR software for payroll and automation of complex hiring processes. It has its own set of “off-the-shelf ready to use parameterized features”. It has a proven track record of providing its customers 10 times more ROI. It is available on both on-premise and cloud models. It also comes as a fully integrated mobile application for the ease of self-service functions.

Features:

  • AI chatbot
  • Human resource integrated system
  • Performance management
  • Learning management
  • Recruitment management
  • Time management
  • Leave management
  • Payroll Software
  • On-boarding/ Off-boarding
  • Travel and help desk management
  • Project management
  • Mobile app integrated

 

3.   GreytHR

GreytHR is one of the best HR software tools that automate the work of human resource personnel. It streamlines the work like employee information management, training, appraisals, leaves and attendance management, compensation management, and more. It was founded with the core objective of providing cost-effective and relevant software solutions to any firm. It revamps and upskills the way the human resource department of any firm functions.

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Features:

  • Approval process control
  • Benefits management
  • Calendar management
  • Direct deposit
  • Document management
  • Employee database
  • Employee handbook
  • Employee profiles
  • Employee scheduling
  • Leave management
  • Multi-country and multi-state
  • Onboarding
  • Payroll management
  • Self-service portal
  • Task Management
  • Tax compliance
  • Time management
  • Vacation/leave tracking

4.   Qandle

Qandle is an easily configurable HR software. One can easily customize it regarding the company’s individual programs, processes, and policies. It ensures ease of workflow management, payroll management, travel management, and business expenditure. It is a cloud-based solution provider that automates the processes related to documentation and administration. Organizations use Qandle software to manage the calendar, track, and measure employee performance.  

Features:

  • Complete management of expenses for the stakeholders
  • Affordable cost.
  • Advanced analytics.
  • Superior mobile focus.
  • Ease of installation
  • Easy to import company policies and data
  • Free help from experts
  • Qandle software ensures full compliance with bank-grade security.
  • End-to-end encryption of the data transmitted.

5.   SageHR

SageHR is an outstanding HR software support for all the complex human resource challenges including payroll and accounting. It caters to the departments of leave management, timesheet management, performance management, and more. They are always upgrading themselves with novel modules and features. The product offers superb integration into SageHR’s Business Cloud portfolio. They take pride in providing a seamless user experience to their customers for business growth.

Features:

  • Core human resource
  • Leave management
  • Performance management
  • Shift scheduling
  • Timesheets
  • Expense management
  • Recruitment management

On a final note!

Although we have listed only the top five performers of the HR software market, you can explore more options at https://www.softwaresuggest.com/small-business-hr-software. Let’s thank the technology for digitizing the complexities of human resource management and revamping it into an efficient and accurate system.You can filter your choice based on relevance, type of deployment, device support, business type, and language support by clicking on the link.

All the best!

May we help you choose the best!