HRIS Software

Meaning & Definition

HRIS Software stands for Human Resource Information System Software. It is a software application that can help manage employee information and HR processes through the use of a centralized software platform.

Important Aspects of HRIS Software

• Brings employee data together in one place.
• Automates HR activities such as payroll, attendance, and leave management.
• Minimizes the chances of errors.
• Increases HR efficiency.
• Facilitates evidence-based HR decision making.

Compliance Requirements 

HRIS software ensures that the organization is in compliance with Indian labour law, due to automation of statutory activities and maintenance of correct records.

• Complies with the Payment of Wages Act of 1936 regarding payroll.
• Manages Provident Fund, Employees’ State Insurance Scheme, and other statutory deductions.
• Maintains employee records as per the Shops and Establishments Act.
• Ensures statutory audit and reporting.
• Ensures safe storage of employee information and records.