Software companies have noticed.  They’ve noticed that there is a market for human resource software that has been under serviced up until now: Small Business.  The Small Business Administration (SBA) sees manufacturing companies with 500-1000 employees as small business, however, businesses can have far fewer employees than that and still have a need to manage considerable amounts of human resource information.   Temporary agencies, for example, may have only a handful of actual employees while their business is to deal in large numbers of contractors and consultants.  

HUMAN RESOURCE  SOFTWARE

HUMAN RESOURCE  SOFTWARE  FOR SMALL BUSINESS

By simply looking at the numbers, some software companies missed an opportunity.  Some did not and now the lights are on and many human resource software products are targeted for small business.   The human resource big boys have also recognized this opportunity.  Sage Agra is specifically designed for small business.  Microsoft Dynamics NAV and GP also services small business.  However, there are a number of small businesses that have also developed human resource software packages by and for small business.

Managing large amounts of information even for small numbers of employees can be a daunting task. Just because a business is small and depending upon the official status of that small business, documentation and records must be maintained and to obtain and renew certification that are advantageous to small business.  

Human resource software must retain demographics information and often interfaces with government agencies. Affirmative action, offices of taxation, certification and homeland security offices have varying reporting requirements that have to be met on a regular basis and if a small business deals with government contracts human resource software is often used in meeting additional requirements.

HIPAA and COBRA applies to all business and keeping accurate records and specific forms on file is mandatory. To electronically maintain this documentation is becoming more common and human resource software is designed to accommodate these requirements.

Human resource software for small business is often designed to cater to small budgets, limited infrastructures and internal support resources. The money to be made is not always found in the big ticket initial purchase in this market but by sales volume, support, maintenance and training contracts.  This business model is becoming more common and buyers, more accustomed.

Repeat and continued business is the key to success for developers of human resource software for small business. Staying current to the constantly changing demands of the small business market ensures the success of both the software manufacturer and their human resource software customers. 

Written by :

pamelarichards