Perks of Integrating HR Tasks in ERP Human Resources Module

Organisations are realising the benefits of utilising Enterprise Resource Planning (ERP) modules, including ERP Human Resources Modules, to integrate all company operations as the market for ERP grows to achieve its projected $49.5 billion value.

Human resource activities are integrated by 41% of ERP users, according to a 2023 survey. This is higher than the integration of marketing (40.5%), customer service (32.8%), procurement (27.2%), and manufacturing (20.5%) modules.

Six Submodules of ERP Human Resources Module That Influence and Integrate Fundamental HR Tasks:

There are HR submodules inside the ERP HR module. Submodules lower the ante and concentrate on the essential human resource functions of a corporation. These speak to the most fundamental yet significant duties performed by an HR division.

Payroll:

Payroll submodules, which are frequently connected to HR modules, are automated. Therefore, Payroll management enjoys ERP automation since payroll processing is a difficult and time-consuming activity. Payroll processing takes up to six hours a month for one-third of small enterprises.
Payroll can precisely compute salaries, benefits, taxes, and deductions when combined with shared data, such as time management and performance monitoring.
Support is available for any nation where a business conducts business through a payroll submodule. If a company is international, it must operate at several exchange rates and make sure the right tax paperwork is filed.

Management of Time and Attendance:

Timesheet generation and attendance tracking are two tasks that are automated. These timesheets are linked to the employee’s paycheck, informing payroll personnel when sick leave needs to be taken or when earnings need to be withheld for unannounced absences.
Additionally, a time and attendance module will handle leave requests and keep track of overtime. Department heads are then informed of staff absenteeism in each department as a result of this.

Documentation:

Employees can provide informative reports and analytics because they have access to a constant stream of data from all corporate departments and operations. An ERP HR module may not only assist cut down on time to insight by 75%, but it also makes use of reliable personnel data to facilitate improved decision-making.
HR managers, for instance, have access to dashboards that show information on:
– The age of employees on average
– Where the majority of workers are employed (country, department, etc.)
– The typical tenure-to-turnover ratio
– The standard amount of money paid for perks and salary to employees

ERP for Recruitment:

Thus, HR modules identify business sectors for hiring new staff by using data from submodules like performance tracking. All department heads have access to the recruitment submodules, which allow them to post job openings, set up interviews, and monitor candidate progress. Businesses need to focus on recruitment duties; according to 46% of HR directors, recruiting will be their primary concern in 2024. Additionally, according to a PwC report, 58% of companies already utilize HR-specific technologies to find and hire top talent.

Development and Onboarding:

Submodules for onboarding make use of connected data to make sure companies are offering the most effective and efficient onboarding procedures. Automated ERP operations ensure that new hires are provided with the appropriate work equipment (such as laptops and uniforms) for their designated roles on schedule.
After that, onboarding is monitored to determine what training is needed, when orientations are planned, and to keep an eye on the skill growth of the staff.

Management of Performance:

When it comes to monitoring and evaluating employee performance, an ERP human resources module shines. Employee performance data is aggregated and exported into comprehensive reports that illustrate the employees’ current standing concerning their predetermined goals. This enables leaders to:
– Create modified or alternative performance KPIs.
– Perform assessments of performance
– Give workers a thorough degree of feedback.
– Monitor the degree of performance throughout a certain time frame.

Conclusion: 

Integrating major HR tasks in an ERP human resources module is a life-changing step for businesses. Sub-modules of an ERP HR module support tasks like simplifying hiring, payroll, and administrative duties. Enhance HR staff productivity and time management minimise mistakes and duplication by accurately reporting data Increased assistance for remote and hybrid workers with cloud capabilities. For implementing ERP HR modules in your company, you should contact CherryBerry ERP for their seamless services.