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HRIS/HRM Software for Large Banks

HRIS/HRM Software for Large Banks

Banking is a universal job in the world, and wherever you go, you always need a bank. The industry in banking is incredibly stressful, with different services, targets, and staff to maintain. Ideally, the larger the bank, the tighter the challenges are.

Large banks have trillions of assets and customers to serve. Inside large banks, there are complex structures for their workforce. You’ll find many managers and different subsections within a bank. That’s not even considering the different areas or branches.

Due to the size of a company, the HR department is one of the most extensive sections in the banking sector. Banks pride themselves on confidentiality and efficiency; therefore the best workers are needed to do the job. To recruit such workers, a skilled HR team is often required to optimise the bank’s workforce. They also need to be aware of availability, holidays, and staff attendance so they can always have staff available for their customers. After all, banking is a 24-hour industry.

Likewise, HR teams can communicate efficiently with many staff through HRIS/HRM Software. They save time and can easily keep track of teams in one place. HRIS/HRM Software, most of the time, uses the cloud. Clouds are hard to hack into due to its encrypted software, making data inputted from companies secure. Which goes hand in hand with a bank’s values and helps maintain confidentiality.

HRIS/HRM Software for Large Banks

There is an abundance of software out there for banks to use. However, to make it easier we thought we would highlight a few HRIS/HRM Softwares with a focus on large banks.

  1. Sage HR (formerly CakeHR)
  2. Oracle HCM Cloud Solutions
  3. Dayforce HCM
  4. Ultimate Software UltiPro HCM
  5. SAP Success Factors

Sage HR (formerly CakeHR)

Created by Sage, Sage HR is HRIS/HRM software, which has a 6-month free trial available. They have a team of developers and designers improving their platform for clients weekly. Its name was decided due to the multi-layers required in an HR role and realized it represented the layers a cake.

Likewise, how you can customize any cake to your liking signaled them to call it Sage HR. They focus on leave managements, timesheets, shift scheduling, expenses, reporting, mobile, onboarding, self-service, and integration. Their software has been so efficient they provide to over 1200 global customers. Some major customers of theirs are Deloitte and Baltic Air . Sage HR is equipped with dealing with large businesses.

Oracle HCM Cloud Solutions

Oracle has a secure and straightforward software striving to make businesses more efficient across the world. They have it available for desktop, tablet, and your mobile phone with built-in notifications. It allows people to have different access rights in the HR sector, from business partners, line managers to employees. It has its newsfeed, which you can customize and general HR features such as payroll, jobs, wellness, attendance, holidays, and much more.

Dayforce HCM

A global software that claims to transform the lives of the employee and the employer. Dayforce HCM runs off the cloud, which combines payroll, benefits, workforce management, talent management, and much more. All of your data is stored in one location, and you can get built-in insights within the app. They also offer a free demo.

Ultimate Software UltiPro HCM

This software, Ultimate Sofware Ulti Pro HCM has been ranked by IT List in the 100 best places to work for 2020. They have also won an award for being a leader in cloud human capital management suites. Moreover, the companies focus is to put people first, providing a great software for large firms. This software has features focusing on payroll, time scheduling, management, engagement surveys, and much more.

SAP Success Factors

SAP Success Factors strives to create an efficient, flexible, and happy workforce through its cloud-based software. They focus on core HR, payroll, talent management, employee experience management, analytic, and workforce planning.