Can a Small Business Benefit from Using an HRMS?
Small business owners who are already wearing many hats would likely prefer to leave any employment-related issues to someone else. They can either outsource or use an HRMS (Human Resource Management System) to help with the time-consuming and overwhelming process of managing human resources. With the automated features that Human Resource Management System [this is commonly referred to as ระบบบริหารทรัพยากรบุคคล in Thai] provides, routine tasks are simplified, freeing business owners of time and effort.
Common HR Challenges Faced by Thai SMEs
When it comes to employee management, many small Thai businesses face the challenge of limited resources and growing responsibilities. The lack of HR staff can lead to a lack of employees, which makes even the most basic tasks difficult to manage.
- Lack of Time: When owners have to handle HR work themselves, they won’t have time to run their business or develop strategies.
- Manual processes: Traditional and manual work remain prevalent in many businesses, but spreadsheets and manual filing are prone to errors.
- Compliance pressure: As if navigating Thai labour laws isn’t hard enough, there’s also a need to constantly stay updated with every change to ensure compliance.
- Poor record-keeping: Inconsistencies and missing employee information are likely to happen with a lack of a centralised system.
How an HRMS Helps Small Companies Thrive
Saves time on administrative tasks
With day-to-day responsibilities handled automatically by an HRMS, business owners have more time to focus on core competencies that’ll help grow their companies.
- Calculates payroll, deductions and tax payments automatically
- Monitors attendance, leave and overtime without using spreadsheets
- Employee details are stored in a single location for easy retrieval
Decreases time spent on approvals and paperwork
Businesses in Thailand are required by labour laws to maintain proper documentation of employee pay, time off and contracts. Staying on track of these can be done by an HRMS.
- Processes payslips and tax reports according to the book
- Stores leave, OT and salary history
- Records contracts and working conditions adequately and updates them
- Minimises the risk of non-compliance or lost records that may incur penalties
Improves accuracy and reduces errors
Startups or not, there are human resource essentials that must be done properly, such as finding the right talent and establishing HR policies. It’s important to avoid errors and inconsistencies, something an HR system can help with.
- Prevents payroll errors and deadline misses
- Maintains all employee information well-organised and up-to-date
- Automatically synchronise attendance and leave information
- Minimises double-checking or cross-checking multiple sources
Enhances employee experience
A simple, well-run HR system helps ensure your staff have everything they need and deserve, resulting in an improved working experience. Under the circumstances, employee turnover is unlikely to happen.
- Employees can view leave balance, download payslips, or modify personal details independently
- Leave approval and policy notifications are shared quickly and easily
- Creates a more professional and reliable work culture
An HRMS can make a huge difference to a business, no matter the size. With features to automate, simplify and solve common pain points in HR management, it’s a valuable tool that can ease the pressure on business owners to succeed while caring for employees optimally. If you need HR solutions for your company, Puumsoft can help.