LS Software - Redefining Human Resource Management

CIO Vendor Technology has revolutionized each and every space of life today, and HR has not been spared… Early HR systems were narrow in scope, and typically focused on a single task, such as improving the payroll process or tracking employees' work hours. However, current HR systems cover the full spectrum of HR tasks including tracking and improving process efficiency, managing organizational hierarchy, and simplifying financial transactions of all types.In short, as the role of HR departments expanded in complexity, the systems evolved to fit these needs.

But now, in addition to the HR-related features, newer HRsystems boast of other technological add-ons – the likes of videoconferencing and unified communications. Among the companies in the HR arena which are best poised to meet the challenges of incorporating cutting edge technology in HR systems is LS Software.

Established in 1989, LS is one of India’s most experienced IT firms when it comes to HR, boasting of over 19 years in HR services. The LS track record in HR is exemplary, and its list of clients – which include scores of reputed organisations including Fortune 500 companies, and India’s top BPOs -- enviable. It has vast experience in developing and implementing applications coupled with strong expertise in web and mobile technologies ensuring top-of-the-line HR applications and services.

LS is one of India’s most experienced IT firms when it comes to HR, boasting of over 19 years in HR services

LS HR services are offered under two verticals - performance management systems (PMSs) and appraisals/surveys. The LS PMS is customized to meet unique requirements of each client and aims to tie in the strategic and operational goals of an organization with the personal growth plans of an employee thereby creating excellent synergy. Today, its PMS systems gauge thousands of employees stationed around the globe to provide multi-data points to ensure performance appraisals sans errors and bias.

The fact that some of the world leaders in HR consultancy have assigned LS scores of appraisals and surveys to be conducted on their behalf worldwide is a testimony to the quality of its services. With over a million employee reports delivered to clients, the LS is undoubtedly a leader of sorts in India.

Foreseeing the rise in the demand for top of the line HR systems, with the global HR market forecast to grow at a compound annual growth rate (CAGR) 2.4% to $9.2 billion by 2022, LS has embarked on developing one of the world’s most advanced HR suites. Not only would the new system provide cutting edge technology, but also would offer customisation and flexibility that few of the present systems worldwide offer.