Kinds of Core HR Software
Core HR helps HR departments and personnel manage basic HR processes. This HR technology might provide the following HR solutions:
People management — Core HR software helps HR departments and personnel manage employee records.
Workforce management — Core HR technology maintains all HR administrative data and can be used to manage employee rostering, time and attendance, and scheduling.
Payroll — Core HR technology can integrate payroll features to streamline accurate payroll reporting and compliance.
Core HR Software Features
Organization management — Core HR software arranges employees in an organizational structure that can be used throughout the application for reporting, permissions, etc.
Self-service portal — Self-service portals offered by core HR products allow employees to reference and update their information without relying on HR administrators for assistance. Information, such as available paid time off (PTO), payroll details, and onboarding and training materials, is all accessible to employees through core HR self-service options. HR administrators can often customize permission levels for different HR information within the core HR system, preventing employees from accessing private information through their portal.
Time, attendance, and PTO — Core HR often includes features that track time, attendance, paid time off, sick time, scheduling, and more.
Salary structures — Core HR provides functioning that manages position descriptions and pay grades/structures for each role.
Expense management — Core HR features might include functionality for employees to submit expense reports and track reimbursements.
Compliance — This solution helps protect risk areas by ensuring compliance standards are met through tracking and reporting.
Benefits administration — Core HR enables employees to manage their benefit plans by viewing them and making changes during open enrollment and for life event changes. Employers can report and manage payroll deductions based on selected plan options.
Customization — Core HR software lets administrators customize to accommodate their unique processes. This feature includes the ability to create custom objects, fields, rules, calculations, and views.
Application programming interface (API) integration — APIs specify how the application communicates with other software. APIs typically enable integration of data, logic, objects, etc., with other software applications.
Internationalization — Enables users to view and transact business with the same content in multiple languages and currencies.
User, role, and access management — The ability to grant access to select data, features, objects, etc., based on the users, user roles, and groups.
Reporting — Enables reporting of all data contained within the system. It typically contains standard reports as well as the ability to create ad-hoc reports.
Dashboards — An easy to read, often single page, real-time user interface shows a graphical presentation of the current status and historical trends of an organization’s key performance indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance.
