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How HR Software is Revolutionizing HR Practices in India

How HR Software is Revolutionizing HR Practices in India

Mahi Pillai
August 14, 2024
mins

India boasts a workforce as varied as its culture, with millions of workers across different industries and regions. For years, HR departments have worked behind the scenes handling everything from hiring to paychecks using paper files, spreadsheets, and countless emails. But big changes are happening. The old ways of doing things just don't cut it anymore in today's digital world. That's where HR software comes in—it's changing the game. This technology isn't just making things run smoother; it's reshaping what HR means in India.

HR professionals no longer have to deal with loads of paperwork, which used to leave them with little time to think big. These days smart HR tools like peopleHum are changing how companies across India look after their most important asset: their staff. This change isn't just about getting things done faster; it's about giving HR the power to help businesses grow.

The Move from Old-School to High-Tech

India, with one of the world's biggest workforces, has long depended on manual HR processes. These methods work but often lack efficiency and take up a lot of time. But things are changing fast. Companies now see how HR software can boost operations and make work more productive. peopleHum leads this shift providing a complete platform that handles all HR needs, from hiring to retirement.

The Rise of HR Tech in India

A study by NASSCOM predicts that the HR technology market in India will grow at a compound annual growth rate (CAGR) of 20% by 2026. This boost stems from the need to automate processes, make data-driven choices, and focus more on employee experience. With a workforce exceeding 500 million in the country, HR solutions are in high demand, and HR software like peopleHum steps in to bridge this gap by offering scalable, cloud-based tools that suit companies of all sizes.

Key Areas Where HR Software Has an Impact

Recruitment and Onboarding

Hiring in India has always been a slow slog. It involves many interview rounds, loads of paperwork, and long wait times. peopleHum is changing this game. It uses tech to track applicants, match candidates with AI, and make onboarding a breeze. Companies using peopleHum's cutting-edge hiring tools can cut their hiring time by up to 30%. The system's smooth onboarding, with digital offer letters and auto-checked docs, helps new hires hit the ground running on day one.

Payroll and Compliance

Handling payroll in a country with tricky tax rules and compliance needs can be a real headache. peopleHum makes sure payroll processing is correct and smooth by doing calculations, tax deductions, and legal compliance . Its payroll system is built to deal with the complex Indian tax laws, with features like automatic tax filing, compliance warnings, and mistake-free salary payments. A PwC study found that companies in India using payroll software like peopleHum had 25% fewer payroll mistakes making sure workers get paid the right amount when they should.

Employee Engagement and Performance Management

In today's world, employee engagement has a direct impact on productivity. PeopleHum offers tools to give ongoing feedback, track performance, and recognize employees. Its all-in-one performance management system allows HR teams to create SMART goals, run 360-degree feedback, and carry out regular performance reviews. This helps build a workplace that values growth and progress. Top companies in India have used peopleHum's engagement tools to lift employee spirits, which has led to better staff retention and improved productivity.

Data-Driven Decision Making

Data is like modern-day oil, and peopleHum acts as the refinery that turns this data into useful insights for action. The platform helps companies predict when workers might leave and spot gaps in skills. Its analytics dashboard lets organizations base their choices on up-to-date data. HR leaders can see key numbers and trends thanks to peopleHum's strong tools for analysis and reports. This helps them make smart choices that fit with what the business wants to achieve. A Deloitte study found that 71% of firms using HR analytics said they could make better decisions. PeopleHum's easy-to-use data analysis features have sped up this trend even more.

Remote Work Management

The COVID-19 pandemic has sped up remote work adoption in India, and peopleHum leads this shift. Its remote work management tools such as virtual attendance tracking remote onboarding, and team project management, have helped companies stay productive despite working apart. PeopleHum's focus on mobile apps lets HR teams handle their staff from any location keeping operations smooth and communication clear. A KPMG study shows that 80% of Indian companies plan to spend more on HR tech to back remote work making peopleHum a key tool for companies ready for the future.

Challenges and the Way Forward

While HR software has an impact on the industry, it's not all smooth sailing. Companies face issues with keeping data safe making new systems work with old ones, and getting people to actually use the software. But peopleHum tackles these problems head-on. They've got strong safety measures, their product fits in well with other systems, and they've made it easy to use. This means switching to digital HR is a breeze and doesn't cause headaches.

Conclusion

As India moves forward to become a global economic powerhouse, HR software plays a key role in shaping how we'll work in the future. peopleHum is an important partner in this change giving organizations the tools they need to handle the tricky parts of modern HR management. peopleHum doesn't just automate boring tasks and provide deep insights from data—it's a strategic friend that helps drive growth and success.

If your company is ready to jump into the future of HR now's a great time to switch. peopleHum is built to meet the specific needs of Indian businesses helping you stay competitive in a changing work world.

Want to shake up your HR practices? Set up a Free Trial/Demo with peopleHum now and see for yourself what's next in HR management.

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