Salary Increement
Salary increment management in ERP systems streamlines the process of proposing, approving, and implementing employee salary revisions. It ensures transparency, maintains salary history, and aligns increments with performance metrics and company policies.
PMS Initiation
PMS Initiation in ERP refers to the launch of the Performance Management System cycle, where goals and KPIs are set for employees. It marks the beginning of structured performance tracking, enabling alignment between individual objectives and organizational goals through a centralized system.
Department Objective
Department Objective in ERP typically refers to the department model or object that manages departmental data. It helps in organizing employees, workflows, and approvals based on departmental structure within the organization.
Corporate Objective
Corporate objectives in ERP define strategic goals that guide organizational direction and performance. They ensure alignment across departments by integrating with modules like HR and PMS for consistent tracking and execution.
Balance Score Card
Balanced Score card in ERP is a strategic tool used to track organizational performance across key perspectives like financial, customer, internal processes, and learning. It ensures goals are aligned and measurable within the ERP system for better decision-making.
Department Wise Bsc
Department-wise Balanced Scorecard in ERP allows tracking of each department’s performance against specific strategic objectives. It ensures alignment with corporate goals while enabling focused analysis and accountability at the departmental level.
Designation Wise Rating
Designation-wise Rating Distribution in ERP provides insights into performance ratings across different job roles or designations. It helps HR analyze trends, identify skill gaps, and ensure fair evaluation practices organization-wide.
Frequently Asked Questions
What is Performance Management?
Performance Management involves evaluating and enhancing employee performance through goal setting, progress tracking, and feedback, aligning activities with organizational objectives.
What features are included in your Performance Management System?
Our system features Corporate and Department Objectives, KRA/Objective Type & Rating Management, a KRA Library, PMS Flow Management, and tools for managing Probation, Salary Increases, and Increment Reports.
How does the KRA library work?
The KRA Library provides a centralized repository of Key Result Areas, ensuring standardized performance metrics and consistency in evaluations across the organization.