By continuing, you agree to LoansJagat's Credit Report Terms of Use, Terms and Conditions, Privacy Policy, and authorize contact via Call, SMS, Email, or WhatsApp
Disclaimer: The information published on LoansJagat is intended for general informational and educational purposes only and should not be considered financial, legal, or investment advice. Interest rates, loan terms, statistics, and other data may change over time and may vary by lender or source. Please verify the latest information and consult a qualified financial advisor or the respective Bank/NBFC before making any financial decisions.
Apply for Loans Fast and Hassle-Free
Subscribe Now
About the author
LoansJagat Team
‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.
Related Blog Post
Simplify All Your Loans Into One Affordable EMI
Customers Served
Debt Consolidated
1200+ Reviews
Locations in India
Club all Loans & Credit Card Bills into Single EMI
Quick Apply Loan
Consolidate your debts into one easy EMI.
Takes less than 2 minutes. No paperwork.
10 Lakhs+
Trusted Customers
2000 Cr+
Loans Disbursed
4.7/5
Google Reviews
50+
Banks & NBFCs Offers
Other services mentioned in this article
Imagine a growing bank struggling with time-consuming HR tasks, slowing down important decisions. HR professionals were overwhelmed with manual work, leading to inefficiencies. Then, they implemented Silver HRMS, a simple, web-based software that transformed their HR operations. With features like Employee Self-Service (ESS), employees could manage their tasks, saving HR professionals valuable time.
This helped HR concentrate on strategic decisions on employee development and organisation growth. As a result, the bank streamlined its HR processes, was able to increase productivity, and improved operations in general. In the event of Silver HRMS, the bank made operational tasks more convenient and empowered their workforce to execute operational activities with minimal hindrances, thereby achieving business success.
Silver HRMS is straightforward, web-based software that helps an organisation manage HR tasks. Being developed by Silver Touch Technologies, it simplifies complex HR work and provides benefits such as ESS. Professionals in the field of HR normally spend too much time on routine work rather than
important decisions.
Silver HRMS reduces the workload for HR so that they get ample time for strategic decisions regarding the employees, thereby improving the entire efficiency of HR and employee handling.
Employee Self-Service (ESS) is one of the most transformative features of Silver HRMS. It allows employees to handle routine HR tasks such as:
Here’s the information about the features of Silver HRMS in a table format:
Feature | Description |
Employee Self Service | Allows employees to manage their personal information and HR-related tasks. |
Organization Structure | Helps manage and organize the company's hierarchy. |
A license from SilverTouch Technologies Ltd. is required to use Silver HRMS. It can be procured by merely sending a request to them mentioning the company name and system details through email, and they will grant you access to it.
The Silver HRMS app is designed to help manage HR operations. It is available on the Google Play Store for download, and hence it can be easily accessed and used to handle various HR tasks and processes.
Here’s a step-by-step process on how to access the Silver HRMS app:
Some tips for maximizing the usage of Silver HRMS are
Make it suit your needs: The Silver HRMS can be customized according to the different needs of the business.
Integrate seamlessly: It integrates seamlessly with third-party applications like SAP so that workflow runs smoothly.
Manage multiple entities: You can manage the operations of several companies and locations through Silver HRMS.
Make data-driven decisions: Real-time and accurate data available in the platform helps make informed decisions.
Reduce administrative burden: Silver HRMS helps reduce the administrative workload and gives time to strategic goals.
Reduce costs: Avoid human errors and their associated costs by using Silver HRMS to get things right and done.
Ensure compliance: Silver HRMS ensures that one is updated with tax laws and labor regulations.
Some of the common problems that may occur with an HRMS include
Duplicate records: The system may create several records for the same employee.
Login problems: You may experience login failure.
Expired password: Your password may have expired.
Roles and User Management
Manages user access and roles within the system. |
Employee Management | Centralizes employee data and management tasks. |
Leave Management | Automates and tracks employee leave requests and approvals. |
Attendance Management | Tracks and manages employee attendance and working hours. |
Employee Payroll Management | Manages employee salary, deductions, and payroll processing. |
Loan Management | Handles employee loan requests and tracking. |
TDS Management | Manages Tax Deducted at Source (TDS) for employees. |
Insurance Management | Manages employee insurance policies and claims. |
Recruitment Management | Manages job postings, candidate tracking, and hiring process. |
Training Management | Organizes and tracks employee training programs. |
Performance Management | Helps track and evaluate employee performance. |
Travel Expense Management | Manages employee travel expenses and reimbursements. |
Resource Booking Management | Manages booking of company resources. |
Asset Management | Tracks and manages company assets. |
Award-Punishment Management | Tracks and manages employee awards and disciplinary actions. |
Time Sheet Management | Manages employee time sheets for accurate tracking. |
Reimbursement | Handles employee reimbursement requests and approvals. |
Employee Lifecycle Management | Manages all stages of the employee lifecycle, from hiring to exit. |
Suggestion & Complaint Management | Manages employee suggestions and complaints. |
Event Management | Organizes and tracks company events. |
Credit Society Management | Manages employee credit society contributions and records. |
Newsletter Management | Manages internal company newsletters and communications. |
Opinion Poll Management | Conducts and manages employee opinion polls. |
Policy and Forms Management | Organizes company policies and forms for easy access. |
Looking for anything additional? | Provides additional features based on specific business needs. |
*T&C Apply
Not enough data: If there is a lack of the required data, the system will not work as expected or even be fully implemented.
To make the most of Silver HRMS, consider the following tips
Customize Modules: Tailor the system to align with your organizational needs.
Train Employees: Conduct training sessions to ensure smooth adoption.
Leverage Analytics: Use real-time data and reports to make informed HR decisions.
Regular Updates: Keep the system updated to access new features and improvements.
Silver HRMS stands out due to its affordability and customization options. Here’s a quick comparison with popular HRMS tools:
Feature | Silver HRMS | BambooHR | Workday | Zoho People |
Employee Self-Service | YES | YES | YES | YES |
Payroll Management | YES | NO | YES | YES |
Customisations | High | Moderate | High | Moderate |
Pricing | Affordable | Expensive | Very Expensive | Affordable |
Silver HRMS offers an ideal balance of features, usability, and cost-effectiveness, making it a great choice for small to medium-sized businesses.
Silver HRMS is a robust tool that streamlines HR work for businesses of all sizes. Features such as Employee Self-Service (ESS), payroll management, leave tracking, and performance evaluation help reduce manual workload. So that HR professionals can focus on strategic decisions.
It empowers both employees and HR teams with easy access through web and mobile apps, driving efficiency and business success. Whether it is about managing recruitment, employee lifecycle, or compliance, Silver HRMS ensures smooth operations and boosts productivity that makes companies thrive. Get started today and streamline your HR processes to achieve better results.
Q1: How does Silver HRMS help HR professionals?
It reduces manual work, allowing HR professionals to focus on strategic decisions.
Q2: What is Employee Self-Service (ESS)?
ESS allows employees to manage their own HR-related tasks, saving time for HR staff.
Q3: Can Silver HRMS handle multiple companies and locations?
Yes, Silver HRMS can manage operations across multiple companies and locations.
Q4: Is Silver HRMS customizable?
Yes, it can be customized to suit the specific needs of your business.
Q5: Can Silver HRMS handle recruitment management?
Yes, it manages job postings, candidate tracking, and the entire hiring process.
Other HRMS Services
