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What are the Different Types of Leave & Attendance Policy and How do they Affect any Business?

By: factoHR
Every organization needs a leave management system policy that is tailored to its need and culture. There are also statutory rules from the government that need to be taken into consideration. A good leave policy is simple, easy to administer, fair to all employees and compliant with the statutory requirements.

What are the Benefits of Automating a Payroll Software System?

By: factoHR
Businesses had assumptions that Excel is simple to use, everybody knows to use Excel, easily suits the company requirement, etc. They felt that Excel was the most preferred way for payroll software processing.

4 Key Benefits Of Cloud-Based HRMS Software - factoHR

By: factoHR
Cloud-based HRMS Software empowers HR professionals and employees to access the software anytime, anywhere. HR department can manage all its HR operations efficiently. A manager can approve/disapprove attendance and leave applications, manage employee details, can authorize the system through which he defines which modules are accessible to the employees.

The Best HR and Payroll Software Strategies to Boost Employee Engagement

By: factoHR
Every company wants to excel and improve their operations and overall productivity. To achieve this objective, many companies tend to invest their majority of time and money for better solutions. Hence, there is an ever-increasing demand for solutions that simplify your HR operations & payroll process and at the same time increases their productivity and Return On Investment (ROI). This is wher...

Gaining Productivity with Performance Management Software

By: factoHR
Performance management essentially involves measuring, reporting and managing progress in order to improve performance at an individual and organization level. When properly designed and implemented, performance management techniques enable an organisation to monitor, manage and improve strategy execution and the delivery of results.

The Ultimate Guide to employee Offboarding with Exit Interviews

By: factoHR
An exit interview is conducted when an employee is leaving a company after his resignation has been accepted or has completed a project assigned to him/her. An exit interview is conducted in order to maintain the top talent employees in Payroll software organization. Exit interview software has been developed in order to maintain the actual reason for leaving.

Six Tips for Achieving Competitive Expense Management Software Advantage Through Cost Excellence

By: factoHR
One of the Biggest problems organizations face with respect to business travel expenses is poor visibility and data overspends, lack of control over employee expenditure, the high cost of expense processing and lengthy reimbursement cycles.

Performance Appraisal Software Methods: Traditional and Modern Methods!

By: factoHR
It is the skeleton of an organization that defines how activities such as coordination, task allocation, and supervision are directed toward the achievement of organizational aims. An organization can be structured in many different ways, depending on its objectives.

How do Biometric Time and Attendance Systems Work

By: factoHR
factoHR is a leader in HR and payroll solutions which were developed to meet the continued goal of eliminating the headaches of HR with a modern and innovative approach.

Benefits of Cloud Based HRIS System

By: factoHR
When you plan to automate your HR functions, your first debate would be whether to go with Cloud HRIS system or On-Premise HRIS system ?? This is a question which haunts every businessman and one you have to finalize definitely before looking at the options available.

Benefits of Online Employees Leave Management System

By: factoHR
One of the most challenging and time-consuming processes for any Owner/ Entrepreneur or HR person would be effectively managing employee leave which includes maintaining leave applications, counting avail and pending leaves, leave accruals and many more things. It becomes tedious as the organization grows and people try to manage everything with the excel. Sometimes it goes out of control and b...

How Payroll Software Improves Your Business Operations

By: factoHR
Startup business and other communities are growing rapidly in India. As growth in business increases, responsibilities towards employees also increases. With the growing business, the administration of the HR record of employees’ salaries, wages, bonuses, net pay, and deductions becomes difficult. To calculate salary of every employee is a time-consuming and tedious task in rapidly growing comp...

7 Advantages of Digitization You Must Know

By: factoHR
Do you remember in early 2000 when every company talks about making office paperless? But this policy put on the self when it comes to employee claim or reimbursement process.

Why using EMI Calculator is Important before Applying for Personal Loan

By: factoHR
An EMI or Equated Monthly Instalment is a fixed amount of money that you need to pay to your bank or financial institution every month as repayment towards the loan you have taken until your loan is fully repaid.

8 Benefits of Using HRMS Software for Any Business

By: factoHR
Technology has dramatically enhanced the world of HR. With new system available to improve productivity and streamline operations, those in human resources can achieve more considerable success with the benefits of HRMS software.

Useful Human Resources Letter Samples for Every Office

By: factoHR
HR letters are many and each letter serves a different purpose. From offer letter to relieving letter, each have their own unique importance. At times you need it to fight for your rights in an organization and most of the times you require it when you change jobs. The following article talks about different types of employment letters that an employee should always ask the employer.

7 Must Have Features of A Time Attendance System

By: factoHR
How can modern time attendance system help a business to complete their task on time? We can emphatically say that “time” will happen to your business. So we urge you to create more accurate time and attendance reports through time attendance system as a means to better serve your customers.

Best Ways HR Analytics can Benefit Your Organization

By: factoHR
According to Global Human Capital Trends report, 86% of businesses surveyed rate HR analytics tools as being a highly important factor in their workforce planning. HR analytics tools are fast becoming a key tool in the quest to improve productivity and efficiency.

5 Ways A Performance Management Software System Will Improve Strategic Execution

By: factoHR
The secret behind an organisation achieving a greater level of success is its robust performance management. It includes the various processes that it puts into place in order to measure and reward the effort of its employees for meeting and exceeding the expected goals. The key to your organisation outperforming your competitors is to improve the morale of your employees, increase their overal...

Top 5 Key Benefits of Online Attendance Management System through Software

By: factoHR
The world is rapidly evolving fueled by new technologies that exist to create efficiencies. In workforce management, many companies are considering the adoption of new technologies such as online attendance management system to create efficiencies and save money.
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