The human resource requirements for healthcare and medical companies is significant to say the least. You’re managing highly-paid and highly-skilled professionals facing increased training requirements and large supporting staff members who are constantly being lured away by competitors making it even more important to attract and retain the right people. On top of it all, you face increased federal regulations and constantly-changing schedules.
There is no way you can manage even a moderately-sized medical or healthcare practice without a human resource management system (HRMS) – also known as human capital management (HCM) or human resource information system (HRIS).
Like most business software categories – there are plenty of options available on the market including industry stalwarts like Sage HRMS (fka Sage Abra) to newer products that are just now catching on. A great resource to get information on these applications is Capterra which includes a profile on just about every human resource application on the planet along with product overviews, videos, and user reviews.
Two of the main considerations when selecting an HRMS application is whether it integrates natively with your accounting software and secondly, if it also offers a compelling payroll application as the two have so much cross-over in respect to employee data and time and attendance. Some additional considerations for larger organizations are organizational charts, training and certification management, recruitment, benefits administration, employee self-service portals, and of course time and attendance capture methods (time clocks, biometrics, mobile time entry, etc.
Capterra also provides some excellent guides on human resource software including the top 20 most popular employee scheduling applications, human resource software pricing guide, human resource software features guide, talent management software report, performance appraisal features guide, talent management features guide, applicant tracking guide, and more. The site includes a frequently asked questions page around human resource applications as well which may be beneficial during your evaluation.
Some of the things to look for in an HRMS application are:
No matter which HRMS software you use, chances are that you will need some assistance or a back-end accounting application. Consider a product like Sage Intacct cloud accounting which is extremely easy to implement and less expensive due to minimal infrastructure costs and the lower subscription price point. Not sure where to start? Contact us today to speak with one of our sales or consulting staff members who can point you in the right direction. Read more about turning to the cloud for financial management.