How does HR Technology Impact Small and Medium Size Business? Inducing technology in the existing system involves cost, as well as time, and therefore, often, small and mid-sized businesses are reluctant to accept it. But, as technology is the way forward, sooner or later, businesses won’t have an option, but to deploy it to simplify and expedite routine tasks. HR technology, which may initially incur some costs, is a smart and futuristic initiative that will help small and midsized business owners to accelerate the pace of the routine administrative tasks such as leave and attendance management, payroll, and others. This blog sketches the impact that Eilisys HR management software, with its functionalities, can impact small and mid-sized businesses. Functionalities of Eilisys HR Management Software Leave and attendance, along with payroll management software constitute the most important elements of Eilisys HR management software. Hence, at the outset, take a look at the functionalities of Eilisys leave and attendance management software. Shift Management • •
Configurable template for an exclusive shift pattern. Prepare shift schedules for the team, well-integrated with the existing workflow-based approval processes.
Automated, Accelerated and Real-Time Employee Attendance Time Tracking • • • •
Automate employee daily attendance management Online shift scheduling and change management. Live and automated employee time tracking. Automate leave and attendance status emails to an employee at the end of the month.
Extra Time Management • • •
Configurable compensation based on overtime, late working, etc. Prevent revenue leakage through overtime posting based on the pre-approved overtime plan. Customize calculation rules based on the type of day such as public holiday, normal working day, etc.
Compliance Management • •
Manage form20, overtime, leave card, muster roll, adult register, and many others as and when needed. 100% Compliance with labour laws.
Exception Handling • • • •
Integration of attendance exceptions such as early out, late in, absenteeism missed punch in, shift variations, etc. Email notifications to employees and managers for proposed leave or salary deductions. Exception regularization management through the on-duty punching regularization application. Configuration of deduction policies for attendance exception as per the number of occurrences during the entire month or the actual minutes.