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HRMS Khazana app for iPhone and iPad


4.6 ( 6336 ratings )
Utilities Business
Developer: Khazana Enterprise
Free
Current version: 1.0, last update: 1 year ago
First release : 27 Oct 2022
App size: 31.02 Mb

An HRMS, or human resources management system, is a suite of software applications used to manage human resources and related processes throughout the employee lifecycle. An HRMS enables a company to fully understand its workforce while staying compliant with changing tax laws and labor regulations.

HR leaders and staff are the primary users, given that they run day-to-day workforce operations and are responsible for compliance and performance reporting. However, HR isn’t the only department that benefits. Companies can empower managers and employees with self-service for common tasks an important selling point for younger hires. Executives can use an HRMS to generate data on workforce trends and their business implications.

And given that HR-related costs are some of the largest expenses incurred by a company, HRMS integration with the accounting system is invaluable for finance teams. Leading providers will go beyond basic accounting to help a company gain more financial insights from HR data.