THE EFFICIENCY OF HCM SOFTWARE IN TODAY’S BUSINESS WORLD

May 04, 2021

Big data, analytics, wearable technology, the consumerization of applications, mobile-first, and BYOD are grabbing headlines in industry publications and analyst reports in the HCM tech market. What gets lost in the endless stream of buzzwords is the unavoidable fact that features based on these trends are rapidly becoming commodities. The interesting fact about these developments is that they're leading to enterprise-wide Strategic Workforce Optimization. However, implementing HCM Software is the best way to realize the dream of having deep, real-time visibility into the workforce to enable lean, efficient workforce management.



A strong and impactful HR software system is the foundation of a successful HCM strategy, which has many components. It could be the key to assisting your HR team in reaching their full potential and achieving their objectives in the coming year. The pandemic, expanding mobile workforces, and increased focus on diversity and inclusion in the workplace have brought about a new direction and meaning to business efficiency and information access. And, an improved HRMS can help with many of these perennial HR challenges. The suitable HR software allows:

  • a business to streamline tasks


  • improve overall efficiency


  • provide on-demand access to HR-related information


  • increase employee benefits


  • reduce human errors on critical recordkeeping


  • to generate accurate data analysis for major decision-making

Employing a larger number of remote workers is proving to be beneficial to both employers and employees. Many employees appreciate the convenience of working from home, and their happiness is translating into increased productivity. To effectively manage a remote workforce, organizations must use cloud-based HCM software. Companies can invest in their priorities by configuring HR software, which helps them make their most important processes more efficient. It also grants managers and employers with the insights they need from a potentially overwhelming volume of data (e.g. employee contact information, security clearances, benefits, vacation days or paid time off, taxes, and so on) without having to go through the HR department. This accessibility becomes even more important in the new COVID-19 work environment, as employees work from remote locations.

Businesses face numerous challenges and a great deal of unpredictability in today's rapidly changing and demanding world, as the pandemic has demonstrated. Businesses benefit from HCM because it allows them to make critical decisions based on reliable, accurate, and timely data. Truthfully, the power of HCM software lies in improving employee productivity and facilitating a more cost-effective business model for long-term success. So, if you are in the market looking for suitable HCM Software to empower your business, be sure to connect with us.

Testimonials for Wallet HR solutions

  • Lucas

    "We have implemented all the modules of Wallet-HR in our organization. We are very happy to mention that the product works great and the Crystal team implemented the solution at cheetah pace with good understanding. Very commendable job considering the size of our organization. We have integrated attendance devices across our 45 locations to centralised attendance software and integrated to payroll along with other modules. As a result of complete HR automation we were able to save atleast 7% on our turnover year on year. We are extremely delighted to have chosen Crystal HR as our solution provider."

    HR

  • Isha Foundation

    "We have 9 companies with almost 4000 employees Over all; managing employee’s records was very difficult. We have chosen wallet-HR after evaluating many products. Now we are using few modules of Wallet-HR, further we are planning to use all modules from this financial year. We are very satisfied with the Wallet-HR software, because of its updated technology, and the time it saves. Wallet-HR gives us accurate results and reports as per our requirements. Good Luck to Crystal team!"

    HR

  • Specsmakers

    "We tried different softwares before selecting Wallet-HR. Our challenge has been to integrate and monitor the attendance of 300 stores. We are highly impressed by the solution offered. We are now able to get real-time attendance with costing effortlessly. Managing the process from Entry to exit has been made simpler. Thanks to Wallet HR team."

    HR Head

  • Solara Active Pharma Science Ltd

    "Wallet HR has been implemented and integrated across all our 9 locations. We have strict FDI guidelines to follow in respect of access control and attendance, which we have tirelessly implemented with the help of Wallet HR suite."

    IT Head

  • Surin Automotive Pvt. Ltd.

    "We have nine factories across different locations in India. Wallet-HR is implemented for managing our entire employee lifecycle. We had huge challenges in managing workforce using attendance devices. Crystal with their proprietary technology was able to provide us a seamless solution. We have been using Wallet HR for 6 years now with excellent backup support from Crystal whenever required."

    HR Head

  • Pothys

    "We are amazed by the domain understanding of Crystal and the configuration capabilities of the product. They have been able to provide solution to all our issues without making any customization in the product. It is a great tool that helps to balance the entire process of our organization in an easy manner."

    HR Manager

  • Le Royal Meridian

    "Intuitive UI, dynamic functionality and robust technology is what made us choose Wallet HR amongst all other products in the market. Earlier we used to manually amend the attendance data before processing payroll, now everything is automatic, which in multiple ways has reduced the time and effort spent in validating the attendance. That is indeed great."

    IT head

  • CAMS

    "We are very impressed by the lightning speed of Wallet-HR’s payroll engine. We have been able to process payroll of around 4000 employees in less than two minutes."

    Functional Manager - HRD

  • Hyundai Hysco

    "Selection of vendor is a tough process in Hyundai. Wallet-HR has been selected by Hyundai software division to implement the solution across all Hyundai subsidiaries. As a first step we have implemented the solution at one of our subsidiaries in Sriperumbudur and we are happy that they have gone live without any fuss. Good job done by Team Crystal."

    HR Manager

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