We all know that planning employee leave and managing time-off history can be overwhelming. It only gets more difficult if you have a large number of employees working in your organization. Moreover, you also need to ensure that your business stays compliant with the labor laws. Leave management software can help you streamline the leave application process and maintain accurate leave records to ensure compliance.
What is time-off management software?
A leave management software, as the name suggests, is an application that lets your employees request leaves and enables managers to approve them electronically. As a result, you can maintain an accurate history of time-offs and leave balances for employees across your organization.
Benefits of time-off tracking software
Now that we have understood what leave management software is, it’s time to look at some of its benefits.
Enables employees to help themselves
Many organizations continue to use conventional methods such as email and excel sheets to manage the leave application process. However, it is often difficult for both the employees and the HR manager to handle requests and keep track of the approval process. Leave management software significantly improves the transparency and efficiency of the leave application and approval workflow. Enabling employees to request leaves and track their approval status electronically reduces to and fro communications via email and streamlines the process.
Accurate record-keeping
Leave management software helps you store your employees’ leave history in one place rather than them being scattered over emails and excel sheets. Therefore, it makes it much easier for HR teams to access and view the information quicker.
Helps with workforce planning
Nowadays, modern time-off management software has intuitive calendar views that help managers visualize their departments’ time-off and plan accordingly. The visibility also allows managers to decide which time-offs they can approve without impacting the business.
Increases HR productivity
With self-service enabled leave requests and electronic approvals, your HR team will have more time to focus on areas that matter. It also helps them eliminate the need to perform manual updates to excel sheets and reply to emails.
Automated compliance
Every organization is bound to adhere to labor laws in the jurisdictions they operate. We know that labor laws and requirements change from time to time, and it essential for organizations to follow them strictly. Several countries have stringent labor laws as far as leave entitlement is concerned. Leave management software helps you achieve automated compliance with labor laws by mirroring the rules and building checks and balances into the workflow.
