Getting HR Technologies

to SMEs

Research has shown that companies with less

than 500 employees do not feel the need to

invest in a Human Resource Management

System (HRMS).

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Demographics

• Depending on the industry, an employee count of 500 could be

small, closer to mid cap and sometimes enterprise

– Small: if you are in a workforce intensive services company

– Mid-cap: if you are in a business that involves higher degree of

automation

– Closer to enterprise: if you are into design or consulting

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Why HRMS for SMEs?

• HRMS is a compelling proposition for SMEs, given these core traits:

– The environment of change and the pace of change

– The need to specialize: often a David vs. Goliath situation,

where David (the smaller, smarter challenger) needs to muscle

up every ounce of available resources to reach the end goal

(and bring down the established, larger competitor)

– Small and medium enterprises are also the platforms for

optimization, heightened utilization and hybrid roles

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Business Sense for SMEs to go for HRMS

• Functions of a small HR team (usually) in an SME would include:

– multi-channel talent sourcing, recruitment, induction and

training, attendance and leave management, resource

allocation, grievances, reporting, policy and much more.

• Burdening this team with employee record management, manual

leave balance tracking or payroll generation defies logic.

• Rather, the need is to focus on resources’ quality, motivation,

greater throughput and other qualitative aspects.

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Possible causes for HRMS-aversion of SMEs

• Under-estimation of the costs - opportunity cost and effort

consumed by the manual route

• Unfounded assumption that HRMS is somehow associated with ERP

and stamped as the big boys’ game

• Or, genuine concerns about software – hardware management

overheads

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How TenXLabs’ Minerva HRMS changes the game?

• Providing a genuine automation option, where the system

configures to your workflow

• It is truth economy – fair priced and its returns justify the

investments in weeks or months, not years

• It is available on a Software as a Service (SaaS) model from a cloud

– meaning: you pay by use and do not worry about support,

hardware, admin or other overheads traditionally impacting

software use

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What is Cloud Computing?

Cloud computing is the delivery of computing solutions and

software as a service rather than a product, whereby shared

resources are made available to customers over the internet, on

demand. As defined by IBM, Cloud is a computing model providing

web-based software, middleware and computing resources on

demand. By deploying technology as a service, you give users

access only to the resources they need for a particular task. This

prevents you from paying for idle computing resources.

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What is Minerva HRMS?

Human Resource Management, traditionally considered a key spoke

of enterprise resource planning has now evolved into its own life

and automates key Human Resource functions. Minerva HR Suite

from TenXLabs is designed to house all information pertaining to

every employee in an organization from Recruitment to

Retirement. Minerva is cloud based, can be configured (without

need customizations) to implement existing workflow AS-IS,

integrates with other software systems openly, is available as a life

time license without user – usage restrictions and includes a query

builder for custom reporting.

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About TenXLabs

We take deep interest to assist your company’s most important

assets – human assets. HR automation is a critical process for

boosting productivity within the organization. HRMS tools give

management the ability to recruit right talent, improve employee

morale and retain talent among other benefits. A system that

automates these, if implemented correctly, will pay for itself and

save the company much pain.

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• More at

http://www.tenxlabs.com/human-capital-management.php

• Contact us

http://www.tenxlabs.com/contact.php

• Schedule a demo http://www.tenxlabs.com/demo.php

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TenXLabsBlock B6, Vindhya C6

IIIT Campus

Gachibowli

Hyderabad, 500032

www.tenxlabs.com

Thank you!