Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department

This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2022.

Bibliografische gegevens
Hoofdauteur: Rahman, MD. Tahmid
Andere auteurs: Khan, Tanzin
Formaat: Internship report
Taal:English
Gepubliceerd in: Brac University 2023
Onderwerpen:
Online toegang:http://hdl.handle.net/10361/17885
id 10361-17885
record_format dspace
institution Brac University
collection Institutional Repository
language English
topic HRIS
Fintech
HR department
Efficiency
HRIS features
Personnel management.
Human resource management
spellingShingle HRIS
Fintech
HR department
Efficiency
HRIS features
Personnel management.
Human resource management
Rahman, MD. Tahmid
Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department
description This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2022.
author2 Khan, Tanzin
author_facet Khan, Tanzin
Rahman, MD. Tahmid
format Internship report
author Rahman, MD. Tahmid
author_sort Rahman, MD. Tahmid
title Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department
title_short Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department
title_full Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department
title_fullStr Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department
title_full_unstemmed Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department
title_sort formulating hris features and modules following the needs of next ventures' human resource management department
publisher Brac University
publishDate 2023
url http://hdl.handle.net/10361/17885
work_keys_str_mv AT rahmanmdtahmid formulatinghrisfeaturesandmodulesfollowingtheneedsofnextventureshumanresourcemanagementdepartment
_version_ 1814308478457479168
spelling 10361-178852023-02-06T21:01:42Z Formulating HRIS features and modules following the needs of NEXT ventures' human resource management department Rahman, MD. Tahmid Khan, Tanzin Brac Business School, Brac University HRIS Fintech HR department Efficiency HRIS features Personnel management. Human resource management This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2022. Cataloged from PDF version of internship report. Includes bibliographical references (page 50). "Human Resource Information Systems (HRIS) are gaining importance for companies of all sizes and in all sectors, including the financial technology (fintech) sector. The HR department plays a vital role in the success of any firm, and having the appropriate HRIS features and models in place may significantly boost efficiency and effectiveness. In recent years, the fintech industry in Bangladesh has expanded fast, with a concentration on mobile banking and digital payments. According to a study by the Bangladesh Bank, the number of mobile financial services (MFS) users in the nation increased by 27 percent in 2019 to reach 53,4 million. This rise is attributable to the rising adoption of mobile phones and internet connectivity in Bangladesh and government programs designed to promote digital financial inclusion. (Bangladesh Bank, n.d.). The expansion of fintech in Bangladesh has substantially influenced the economy and financial inclusion of the nation. Mobile banking and digital payments have facilitated access to financial services in rural and remote locations and helped to expand e-commerce and other digital services. In addition, the Bangladesh Bank has remarked that the usage of MFS has reduced the country's reliance on cash, hence improving financial stability and decreasing the danger of money laundering. (Bangladesh Bank, n.d.). NEXT Ventures, a digital fintech company, is no exception to this trend. The company recognizes the importance of a strong HRIS and has worked to develop features and models that meet the specific needs of its HR department. One aspect of NEXT Ventures' HRIS is the integration of self-service portals for employees. This allows staff to access and update their own information, such as personal contact details and benefits enrollment, which helps to reduce the workload of the HR department. In addition to these features, NEXT Ventures has also focused on developing models such as leave management, attendance tracking system, employee exit management, payroll, and training and development management, and so on, which fulfill the requirements of the HR department that increases the productivity and efficiency of the whole organization. NEXT Ventures has demonstrated a commitment to developing a comprehensive and effective HRIS that meets the needs of its HR department. By implementing key features such as a centralized database, performance management system, and self-service portals, as well as utilizing data analytics to make informed decisions, the company is well-positioned for success in the competitive fintech industry." In conclusion, the report has focused on the importance of formulating HRIS features and modules that meet the specific needs of the HR department at NEXT Ventures. Through an analysis of the company's current HR processes and needs, the report has identified several critical areas for improvement in the HRIS. Overall, by implementing these recommended HRIS features and modules, NEXT Ventures can greatly improve the efficiency and effectiveness of its HR department. This, in turn, will benefit the company as a whole, positioning it for success in the competitive fintech industry. MD. Tahmid Rahman B. Business Administration 2023-02-06T05:34:38Z 2023-02-06T05:34:38Z 2022 2022-01 Internship report ID 19204067 http://hdl.handle.net/10361/17885 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 62 pages application/pdf Brac University