Invensis HRMS (Human Resource Management System) is a full-fledged software package that which is aimed at managing different aspects of HR operations throughout a company. It provides many options to process all the data concerning employees, payouts, working hours, tests, vacancies, ratings, and others.

Key Features and Benefits of  Invensis HRMS: 

• Employee Management: Invensis HRMS helps you keep track of employee details such as personal information, communication details, employment history and family details in case of emergencies. Employee attendance, leave, and time off requests are easy to manage on this software.

• Payroll Processing: The system makes it easier to compute for and disburse payroll since they are done through the system. In regard to the ability to compute the salary structure, it can accommodate various elements including the basic salary, the allowances that may be accorded to employees, the deductions in accordance to the employee’s behaviors and performance, and statutory deductions in accordance to the enactment laws.

• Recruitment: For recruitment, Invensis HRMS offers the functionalities that touch all steps of the process: from advertising a vacancy and attracting candidates to interviewing and employing the wanted candidate. And it can contribute to the enhancement of the effectiveness of the staffing process.

• Performance Management: It assists in reviewing performance and making or setting goals. It enables the manager to monitor the worker’s performance in relation to the set goals and objectives, appraise as well as reward the employee.

• Time and Attendance Tracking: Gone are the days when you had to manually keep the records of the work hours and attendance of the employees since Invensis HRMS has made this process time efficient. It can be linked with such devices like biometric, time clocks to obtain the attendance information, and produce reports.

• Leave Management: The system is particularly useful for employee’s leave requests, approval and monitoring. It is used to offer a single avenue where employees can apply for leaves and where managers can either approve singular or reject the requests made by the employees.

• Expense Management: Employee expenses can also be tracked and managed by the help of the Invensis HRMS. It enables employees to apply for reimbursements of expenses while offering managers’ features for assessing the applications.

• Reporting and Analytics: The system produces a range of different reports and analytics to deliver understanding of HR information. These reports can assist an organization in decision making and discovery of trends.

• Integration Capabilities: Invensis HRMS also supports third-party systems like the payroll system, time and attendance applications, and applicant tracking systems. These integration assist in cutting down on costs and making work easier.

Benefits of Using Invensis HRMS:

• Improved Efficiency: Because HR has many manual tasks to perform, Invensis HRMS can minimize time and effort on such tedious processes.
• Enhanced Accuracy: This avoids wrong computations in payrolls, and other records that the department of human resources keep.
• Better Decision Making: Thus, the Invensis HRMS contains different reports and analytics that can be used for decision making by organisations.
• Reduced Costs: Invensis HRMS also has the possibility to help to decrease costs because it automates HR activities and the amount of manual mistakes.
• Improved Employee Engagement: The system can enhance the proven way of engaging employees by offering them a means to self-service and communications.

In a nutshell, the application proves incredibly helpful for businesses of any size and scope. It can make the business more efficient especially in handling human resources, and increase employee morale.