HRIS software and systems

HRIS software is technology that helps businesses make their people processes more efficient. It typically includes core HR functions, like payroll, time and attendance, benefits administration and applicant tracking services. Ideally, data is synchronized across these capabilities to eliminate redundancy and improve decision-making.

With the aid of automation and machine learning, HRIS software can often alleviate administrative burdens, streamline workflows, reduce compliance risk and improve employee engagement. These gains, in turn, may lead to longer-term achievements, like business growth or improved financial results. And as workforce trends evolve, employers with HRIS are generally more capable of adapting to the changes.

There are two types of software that are similar to HRIS – human resource management systems (HRMS) and human capital management (HCM) solutions. Both include the core functionality of an HRIS, plus talent and performance management services. Yet, they differ from each other because an HRMS is designed for small to midsized businesses, while an HCM solution caters to larger corporations that need additional capabilities, such as international compliance and advanced analytics.