HR Software Key Terms
You'll hit a home run with these basic Human Resources software termsFrom hiring to payroll and benefits, HR issues seem endless. With the use of some savvy HR software, your HR department can run more smoothly. Finding the right software for your business is a daunting task that involves sifting through many individual task options and many all-encompassing human resources information systems.
Finding the right fit software involves comparing all the options. Learn the meanings of some HR terms and software-specific words that may come up during your review of the different HR software choices available.
Applicant tracking system
Payroll moduleThe payroll module is used to organize payroll into a streamlined process making it an easier HR task. The module includes entry of timekeeping or attendance to printing of checks.
Performance appraisalThe performance appraisal is simply an evaluation of an employee's overall job performance. Many HR programs are designed to streamline the appraisal process. Software can help your HR department perform private employee evaluations with ease.
Flexible Spending Account (FSA)A Flexible Spending Account, FSA, is provided to employees as a way of saving pre-tax earnings for certain types of spending like child care or health expenses. Finding HR software to help control and maintain these accounts can be very helpful.
Human Resources Information SystemA Human Resource Information System is defined as any software used to manage the reporting, data entry and tracking needs of a human resource department. The term is a general label for a wide range of software used as a complete HR software solution.
Software as a serviceSoftware as a service, or SaaS, refers to computer software that distributors provide through the Internet. A company can hire a software distributor to host the software for them, yet they use the software through Internet connection and receive the same benefits.
Copyright © 2013 Business.com, Inc. All Rights Reserved.