Benefits of a HR document management system
HR document management software frees up time for your employees. By eliminating the risks that come with manual paperwork — more time can be spent on streamlining the hiring, onboarding or exit processes. Key benefits of HR document management solutions include:
Easier accessibility with centralized HR storage
Documents scattered across filing cabinets, hard drives or email inboxes will make any HR process a tedious task. A document storage repository allows employee files to be instantly searchable and easily retrievable by HR professionals when they need them.
Data capture tools further reduce the burden of paperwork. For example, optical character recognition (OCR) will automatically extract data from physical documents, convert that data into the appropriate format and save it into electronic formats recorded on a single platform.
Simplified and automated HR processes
HR teams must stay in control of sending out offer letters, issuing new company policies and other employee-related requests that come in on a daily basis.
Automated document workflows get files and information routed to the right people for reviews and approvals. HR workflows define pre-existing tasks that need to be done for a milestone to be achieved (a job application reviewed, contracts signed, etc.) With workflow automation, all relevant users are immediately notified of pending tasks and decision-making is accelerated.
Paper-based signing is another time-consuming task that delays response times. Electronic signatures (e-signatures) allow users from any location to sign legally binding documents without physically printing, faxing, scanning or posting them. For HR teams, this is an obvious advantage when it comes to getting contracts or offer letters signed faster.
Protected employee information
The disorderly management of employee records and files is a security risk. Poor HR document management looks like:
- Documents constantly being misplaced, miscategorized and lost
- Ad-hoc file sharing without following security standards
- Non-compliant document storage, archival and destruction of sensitive HR documentation
A single, secure location can reduce your organization’s document management liabilities. This can be done by providing a document’s entire auditable history and controlling who has access to documents and confidential employee information. A document storing system would also keep organizations ahead of fast-changing regulatory compliance and country-specific HR management laws.