What is HRMS?
For laymen, HRMS stands for Human Resource Management Systems.

What does this system do?

It is application software that is used to manage various aspects of employees in an organization. The functions include employee salary management, tax considerations, leave, attendance, and labor regulations that may impact the whole workforce. The HR and higher staff are responsible for overseeing workforce performance, and compliance with the regulations. An HRMS integrates with the accounting system delivering valuable insights into the financial matters that are most impacted by a large workforce.

HRIS? To HRMS

HRMS came under the purview of MIS involving the IT Department when employee management became computerized. Earlier HRIS (Human Resource Information System), an acronym used by many professionals in the organization came into the picture with the role of electronically recording employee management functions. But as the scope of the system expanded HRIS became to be known as HRMS.

Evolution of Human Resource Management Systems

In the late seventies, companies began to look toward automating their employee records, and electronic payroll systems were first to be developed for this purpose. But it was after the year 2000 that the mainframe technology was developed enough to enable a more comprehensive HRMS. Before the year 2000 PeopleSoft had considerably advanced towards making well-developed systems with some additions to come later.
Small companies could now use these systems to streamline workflow related to employee management. But it was cloud technology development that reduced infrastructure costs by facilitating the service without expensive hardware.

Why Spine?

In addition to the virtues mentioned, Spine incorporates many features which benefit the organization implementing the software. The product has a client base of more than 5000 businesses in India. The greatest plus point that is drawn in the product’s favor is that it is time-tested. Tried and used by thousands for years of use.

Team expertise, continuous innovations, research, and customer focus topped by competitive pricing make Spine HRMS indispensable. It is greatly valued for its HR and Asset Management Systems, but it consolidates many features for efficient functioning. It is possible to get real-time data thanks to its non-contact selfie attendance module. The interactive interface enables employees to access important data without much hassle. It is possible to utilize the suite to modify hierarchy-based workflows. There are many major and micromanagement aspects of the employee lifecycle in an organization that can be defined and managed flawlessly to plan and strategize company growth using reports.

Spine HRMS Payroll Management

The sole purpose of packaged software is not only to offer ready-made solutions, it should be customizable and scalable. Spine HRMS incorporates features that can flexibly integrate with the management systems in place.

Thus, the HR processes have to be facilitated and made more effective by an HRMS system, and Spine does not lag behind in these virtues. The software flawlessly factors time and attendance into its payroll processing capabilities.

The daily attendance time sheet created by the payroll software makes all the requisite calculations at the end of the month. The system integrates ongoing APIs from the organizations for sharing the data and creates a smooth workflow.

Spine Fixed Asset Management Solutions

As the name suggests fixed assets are physical assets and equipment in an organization and the Spine management software does precisely that.
Common Fixed Assets in an organization are:
• Property
• Plant
• Equipment
• Vehicles
• Buildings
In order to manage the valuable assets efficiently without any misses or losses due to lack of supervision, the Spine Asset Management Software is indispensable. The software carries out all the functions required for efficient management. The activities involved are:
• Assignment to Custodians
• Compliance Tracking
• Asset Auditing
• Insurance Tracking
• Tracking Service Contracts
• Keeping track of repair and maintenance
• Software License Maintenance
• Lease Contract Management

There are various other activities that help in asset management and are conducted routinely by Spine Software proving its worth. An asset valued between 60000 Rs to 300000 lakh rupees with a shelf-life of more than one year is known as Non-Capitalized Assets and is effectively managed by the system.

A lot of testimonials posted on the site speak positively about the Spine HRMS system from India. The company has an excellent track record of client retention in India. It is available in the cloud version as well.