Human resource management (HRM) is one of the essential parts of an organization; managing HR effectively is vital for the success of an organization. Performance management is an integral part of HRM, and there are different software developed to assist in the management. Major software that I consider in performance management is Bamboo HR, ELMO, and Oracle HCM cloud software packages. I decided to investigate performance management related to the three software packages because it is one of the most crucial areas in an organization. Without adequate performance management, an organization can experience changes related to employee satisfaction, promotion, and recognition (Helmold & Samara, 2019). Performance management is meant to ensure that the organizational goals and objectives are achieved. This can be done through effective performance management where the organization is aware of the talents of individual employees, capacity to deliver the objectives, identify and provide solutions for performance-related issues. Short-term benefits of performance management include employee retention, increases employee performance and accountability, support workforce objectives, and helps identify the right employees to deliver duties (Njeje et al., 2017). Long-term benefits include achieving the organizational goals and objectives, improving organizational performance, building an organization’s reputation internally and externally, and helps employees to develop their careers through training.
HR Performance Management Software
Bamboo HR
Bamboo HR is one of the best HR software packages used to manage employee performance. The software provides a centralized system that collects all the employee and HR-related data, store and manages different human resources activities to determine the performance of an individual employee and the entire human resource in an organization. The software is compatible with the advanced hardware and software technologies; thus, it is convenient to use at any level of HR management (Halim & Rosli, 2018). Bamboo HR can store employee profile information and data relating to service delivery and employee engagement activities. It is built with significant features used to manage diversified activities in the HR system.
One of the most credible modules is integrated application tracking (ATS); this features can be used to develop and publish job openings, keep records, provide review platforms, and track the status of new employees (Halim & Rosli, 2018). The feature is helpful in employee performance management because it saves s time, resources and eases the process of performance management. The software also has a feature that sends alerts to employees or managers about performance reviews. Bamboo HR consist of three main components, these are self-assessment service, pure feedback, and goals. Self-assessment can be carried out quality, semi-annually or yearly, to improve the quality of feedback regarding employee experience and performance.
ELMO
ELMO is also one of the best-rated human resource software packages; it helps to improve employee productivity, organization’s profitability, and employee engagement through a consistent feedback approach. A manager can use this package to manage an individual employee and team of employees regarding organizational strategies. It also helps increase the quality of the employee appraisal process through various features such as development objectives and pre-built goals (Njeje et al., 2017). ELMO is compatible with current technologies such as cloud computing; users can run the program on the cloud and enjoy all the benefits associate with the platform.
ELMO incorporates automate and simplified workflows; HR managers can receive automated alerts regarding employees and stakeholder management, approves and sign-off employees. ELMO is beneficial and can be used with other HR management software to increase capacity to handle different aspects of HR in an organization. It is built with performance management tools for monitoring and driving an organization’s workflows, objectives and productivity. It assists the manager to automatically align team objectives and strategies with monitoring progress and performance. One of the essential features of ELMO is 360 review, where reviews reading employee performance and collected and analyzed.
Oracle HCM Cloud
Oracle HCM Cloud allows HR management to manage employment in an organization by accessing employee information and analyzing employee-related factors such as skills, objectivity, and performance. It is a software package most essential in international business organizations where many branches are involved (Agent & Williams, 2019). The headquarter and the branches can use the software to monitor performance. It provides core solutions to employee retention capabilities by tracking talents and developing the best retention strategies. The software package lets managers maintain and support the organization’s operations internationally and allows employee engagement and review tools.
The software is a cloud-based system that provides interactive and most efficient online training services to boost employee capacity and performance. It is easy to use and is compatible with the current technologies in the employment market. Oracle HCM Cloud consists of various features and functionalities: global human resources, talent management, workforce management, and benefits administration. It also has an Oracle customer experience feature that helps provide exceptional experiences based on customer-oriented services in different channels that enable employees to offer quality sources (Agent & Williams, 2019). the software is crucial because it saves time, resources, and workforce-related inconveniences for performance management. It incorporates an autonomous system and provides real-time performance management.
References
Agent, P., & Williams, B. D. (2019). Request For Proposals (Rfp) No. 19-500536 For Professional Services For Implementation Of Oracle Hcm Cloud System. https://www.dekalbcountyga.gov/sites/default/files/RFP%2019-500536.%20Professional%20Services%20Implementation%20Oracle%20HCM%20Cloud.Final_.webposting.%20adv.%2012.2.19_0.pdf
Halim, M. Z. A., & Rosli, M. M. (2018). A Modular and Extensible Framework for Human Resource System. Indonesian Journal of Electrical Engineering and Computer Science, 12(2), 641-647. http://ijarsct.co.in/Paper441.pdf
Helmold, M., & Samara, W. (2019). Progress in Performance Management: Industry Insights and Case Studies on Principles, Application Tools, and Practice. Springer. https://www.tandfonline.com/doi/pdf/10.1080/09537287.2018.1432909
Njeje, D. A., Chepkilot, R., & Ochieng, I. (2018). E-Performance Management Systems and Organization Performance of Sacco’s in Kenya. International Journal of Business and Management, 20(5), 89-98. https://www.academia.edu/download/56836016/J2005058998.pdf
