Research has shown that companies with less than 500 employees do not typically invest in an HRMS system. However, an HRMS can provide benefits to small and medium enterprises (SMEs) by automating HR functions and processes, allowing HR teams to focus on more qualitative work. TenXLabs' Minerva HRMS is designed specifically for SMEs by providing the necessary functionality in a cloud-based, affordable Software-as-a-Service model with no large upfront costs or infrastructure requirements.

1. Getting HR Technologies
to SMEs

2. 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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3. 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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4. 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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5. 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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6. 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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7. 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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8. 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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9. 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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10. 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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11. • 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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12. Thank you!
TenXLabs
Block B6, Vindhya C6
IIIT Campus
Gachibowli
Hyderabad, 500032
www.tenxlabs.com