Compare two Human Resource Information System (HRIS) software Term Paper

Compare two Human Resource Information System (HRIS) software - Term Paper Example In some cases, it also takes care of expenses and reimbursements for the employees. This module takes input from the time and attendance for the employee attendance, compensation management and employee information database. Time & Attendance – This module involves implementation of shift management, time-sheets, leave quota management, and leave approval/rejection. In an advanced system, this is integrated with attendance tracking systems like biometric or punch cards. Performance Management – This module is used to measure the performance of all the employees in the organization. The performance management system is linked to the learning management system to identify appropriate learning courses in order to improve the performance. Learning management – This module is made to ensure that the employees are continuously learning. This module enables the organization to have a defined learning catalogue and employees to register for learning in order to learn new skills or add to the existing one. Employee and HR Self-service – This is a web based portal that ensures that all the employees and HR can access their authorized area of the HRIS over web. An employee or an HR can log into the portal and carry out her activities from the system over web. There are a large number of HRIS available in the market. The market is led by SAP and Oracle PeopleSoft for the larger companies. For small and medium sized firms, there are various other solutions. People-Trak HRMS and BambooHR Software are key players in this market. Most of the HRIS now are available in a SaaS model, where the customer is not required to install anything, not procure any hardware and does not have to make any significant capital investments. This analysis compares the two systems. People-trak HRMS is a product of Technical Difference, Inc. which is involved in developing HR software for the last 20 years. People-track is their most widely used HR system. The