ERP Software

Human Resource ERP

An enterprise resource planning system, usually called an ERP system, provides an integrated suite of information technology tools that support activities such as production, finance and budget management, human resources management, customer relations managements, and other corporate core functions. The system is comprised of software applications that work together to ensure a business will run as efficiently as possible. ERP first began to be important in the workplace when software designers united with the manufacturing industry in an attempt to fill the need to control inventory, production, and delivery of goods. Soon after, more detailed software was developed to allow businesses to manage most operational functions. One of the most important activities related to ERP systems is the opportunity to improve the operations of a company through process re-engineering, sharing of common data, and the implementation of best practices and standards.

Almost all businesses with more than fifty employees have Human Resource departments. The general role of a Human Resource department within a company is to plan, direct, and coordinate human resource management activities to maximize the strategic use of human resources and maintain functions such as employee compensation, recruitment, personnel policies, and regulatory compliance. In addition, HR departments are responsible for tracking employee information including: payroll, benefits, compensation, and performance assessment.

Human Resource ERP is designed to optimize Human Resource processes with a totally integrated human capital management solution. This software solution automates core HR processes and workforce deployment creating a much more efficient business. The goal of Human Resource ERP is to assist the company in hiring the best person for a job, as well as to train and continue to develop the skills of the entire workforce.

Combining HR with ERP, thereby automating a myriad of tasks while formulating shared and accessible data, has proven so successful a strategy that major ERP vendors now market Human Resource modules as an integral part of their ERP solutions.  

One established Human Resource module with a very good reputation is InforHCM designed to be used with InforERP.  InforHCM is well-rounded and capable; it consists of three components: Resource Management for payroll, compensation, flexible spending accounts; Work-Force Management for schedulilng, time and attendance, absence handling, and performance support; and Talent Management for recruitment, and continuing education. Moreover, the Human Resource ERP contains support for tax definitions, benefits, security configurations, and platforms as well as support for multiple languages and currencies.

Written by :

Amy Cruz