A STUDY ON HUMAN RESOURCE INFORMATION SYSTEM IN HOME FIRST FINANCE COMPANY LIMITED, NAMAKKAL

A STUDY ON HUMAN RESOURCE INFORMATION SYSTEM IN HOME FIRST FINANCE COMPANY LIMITED, NAMAKKAL.

Dibakar M1  Vanitha P2

II MBA 1, Department of Management Studies, M. Kumarasamy College of Engineering, Karur, Tamil Nadu

Associate Professor 2, Department of Management Studies, M.  Kumarasamy College of Engineering, Karur, Tamil Nadu

Correspondence email dibakarmono8090@gmail.com , vanithap.mba@mkce.ac.in

Abstract: A Human Resource Information System (HRIS) is a software solution designed to manage and automate HR-related tasks and processes. HRIS has become an essential tool for modern organizations, helping to streamline HR operations, improve employee engagement, and support strategic decision-making. This paper provides an overview of the HRIS, including its scope and the key areas it covers, such as recruitment and onboarding, employee data management, benefits administration, time and attendance, performance management, and training and development. Additionally, the paper explores the benefits and challenges of implementing an HRIS, including increased efficiency, improved data accuracy, and enhanced decision-making, as well as the potential for technical issues and the need for ongoing training and support. Finally, the paper highlights some of the latest trends in HRIS, such as the use of artificial intelligence and machine learning, and the growing importance of data analytics and insights in HR decision-making.

Keywords: HR analytics, Payroll management, Recruitment management, Performance management, Employee self-service (ESS).