It is true that few rules are supposed to be broken. But the regulations and rules that are important for an organization to stay compliant are the most important. We cannot take those rules lightly as those can cost the business massively and HR compliance issues are hard to deal with. HR leaders especially must…
If we look at the primary reasons for investing in Enterprise Resource Planning software, it is for managing internal business processes. These include MRP, accounting, inventory, finance, etc. ERP can manage such operations in real-time from numerous company areas starting from the shop floor to the front office. This is why the impact of ERP…
Human resource or HR portal is that gateway that enables the employees of a company to gain access to HR-related details and information regarding the workplace. These are also access points for prospective applicants and external job applicants. HR portal centralizes information that makes it feasible for the workforce to discover the details they require….
Every part of a business can operate smoothly when project management is carried out seamlessly. Proper project management enables teams to emphasize crucial work and not on tasks that cause distraction. However, this scenario is apt for pre-COVID times. But since the pandemic in 2020, organizations and their teams are compelled to work remotely. The…
The human resource information system or HRIS is a system that gathers and stores data of a company’s employees. HRIS system covers the fundamental functionalities required for end-to-end HRM for human resource management. It refers to a system useful for performance management, development and learning, recruitment, etc. HRIS is also addressed as HRIS software. HRIS…
Budget estimation, cash flow management, keeping updated financial data, keeping track of all sales orders are the tasks that indicate healthy accounting and financial management. If an organization fails to maintain order in these mission-critical tasks, it might have to bear a lot. Financial management and accounting is the most important part of an organization…
Can organizations afford to lose dedicated and smart employees? Given the current competition, the answer is NO. In fact, organizations need more and more employees who can look beyond the dominion of possibilities and challenge the set norms. The employees must always be ready to offer their 100% every single day. But the same level…
We are now living in a world that demands the adoption of new technologies for adjusting to the new normal easily. The sector that was badly hit on the striking of the CoronaVirus is the education sector. It actually brought learning and education to a complete halt. Due to this, the academic lives of students…