Human resources are the employees of a start-up or small business. Human resources are one of the most valuable assets of any organization. For years, human resource was only something related to hiring but has now expanded to activities like learning and development, improving productivity and culture in an organization. But a lot of manual work involved in payroll, interview scheduling, leaves, and handling complaints can be tedious and time-consuming. So automating these processes will free up time and streamline the entire processes.
This is where the Human Resource Management System (HRMS) comes into play. HRMS is a platform that helps the HR department to plan, organize and manage the workforce and act as a repository of important human resource information along with recruitment, staffing, payroll, notifications and policy changes.
Let's take a look at five of the best HRMS software for startups and small businesses.
1) Gesto
Gusto HRMS offers customized services for every business. HRMS platforms handle payroll, insurance, onboarding, employee financial instruments, and time tracking. Gusto is not only a simple HRMS tool, but what sets them apart is their financial advisors, which help start-ups plan their insurances and taxes according to the budget they have in mind, and offer a service that allows employees to manage their finances in a better way.
2) Neemuch
Nemili is an HRMS provider that caters to a wide range of mid-sized businesses by streamlining their HR processes. Start-ups and medium-sized businesses believe in enabling data-driven decisions in all aspects of their HR functions. Nemili provides services to companies with fifty to one thousand employees.
3) The Soho People
Zoho People is an online human resource management system designed to manage and access all your employee data from one centralized location. Zoho People doesn't have a specific piece of software that needs to be installed, but instead works from the cloud. Soho People provides modules for employee self-service, leave management, timesheets, attendance management, and HR automation. Soho People even offers a thirty-day free trial to convince start-ups on their HRMS tool.
4) Bamboo HR
Bamboo HR is designed with small and medium-sized businesses in mind. This HRMS tool offers modules for onboarding, recruiting, compensation, and a special module for culture. The culture module provides a new approach to performance management, engagement, organizational behaviour and latest tools. Bamboo HR provides a free trial for start-ups and is priced according to the size of an organization.
5) Zenefits
Zenefits simplifies the curating process and provides employees with a range of useful benefits, from comprehensive health care plans to travel benefits. To convince the organization to choose their HRMS, Zenefits also provides a fourteen-day free trial with most of its features for startups.
All of these are some of the best HRMS platforms available in the market for start-ups and medium-sized businesses.