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When Should I Get An HRIS For My Company?

March 28th, 2022

What is an HRIS?

HRIS stands for human resource information system or otherwise known as human resource management system (HRMS), which is basically the intertwining of human resources and information technology through human resource (HR) software.

 

From small to big businesses, HRIS handles activities such as accounting, management, payroll and benefits. HRIS handles tasks efficiently and in a quality manner that surpasses manual efforts, thus making it an effective component of an organisation’s HR core functionality.

 

When is the right time?

Whether your budget allows it or not, there will come a time when business becomes impractical (perhaps even a compliance issue) to track all your employees’ information in spreadsheets. Typically, we recommend that organizations with 25 employees or more get a HRIS as it becomes more challenging in gathering, updating, and tracking data for each employee.

 

When a business scales, employees would have more tasks, meetings, and KPIs to deal with and would compromise on team building, which is essential in team performance and collaboration. Having a capable HRIS frees the HR department from administrative tasks and helps them focus on more interactive aspects for employees.

 

Although the recommended headcount is 25, it would highly depend on your organizational goals. Some companies may have under 25 employees but whose management invests in HR capabilities for the workplace or some CEOs would prefer their HR manager focusing more on strategic goals instead of operational goals.

 

TriblockHR as an HRIS

As we continue to build out TriblockHR as an integrated HRIS and Payroll management system we would like to know what problems your company may be experiencing as it relates to managing your human resources. Whether you work in the capacity of the employee or the employer any feedback will aid in the development of this all in one solution.

 

If you would like to learn more, please email us at sales@triblockhr.com.

 

TriblockHR is Plato Alpha's flagship product for The Bahamian market. As always, our main driving force in creating platforms like TriblockHR is to increase efficiency and profitability of your business through software.

 

Train people well enough so they can leave. Treat them well enough so they don’t want to. - Sir Richard Branson