There are several benefits of using HRM software for companies, including:

1. Increased efficiency: HRM software automates many of the tasks associated with human resources management, such as tracking employee information and processing payroll. This can save time and reduce the potential for errors.

2. Improved data tracking and analysis: With all employee information stored in one centralized location, HRM software makes it easy to track and analyze important data, such as employee turnover and attendance.

3. Better compliance: HRM software helps companies stay compliant with labor laws and regulations by providing tools for tracking employee hours, managing employee benefits, and maintaining accurate records.

4. Better employee engagement and performance management: Some HRM software includes tools for setting goals, tracking progress, and providing feedback and recognition. This can help with employee engagement and performance management.

5. Cost savings: By streamlining HR processes and reducing administrative tasks, HRM software can help companies save money on labor costs.

6. Accessibility: Some HRM software may offer mobile apps or self-service portals for employees, allowing them to access their information and perform tasks such as requesting time off or checking their pay stubs, which can increase accessibility and convenience.

HRIS (Human Resource Information System) payroll software is a type of software that combines HRM and payroll functions into one system. It allows businesses to manage their human resources operations, such as employee tracking, benefits administration, and performance management, while also handling payroll tasks such as calculating employee pay, withholding taxes, and making direct deposits.

HRIS payroll software typically integrates with a company's financial and accounting systems, allowing for seamless data flow between the two systems. This can help to reduce errors, increase efficiency, and improve compliance with tax laws and regulations.

Additionally, HRIS payroll software can also include features such as time and attendance tracking, employee scheduling, and compliance with labor laws and regulations. It can also include self-service portals for employees to access their information and perform tasks such as requesting time off or checking their pay stubs.

Overall, HRIS payroll software provides companies with a comprehensive solution for managing their human resources and payroll processes, allowing them to streamline their operations and focus on their core business activities.

HRIS (Human Resource Information System) software typically includes a variety of features to help businesses manage their human resources operations. These features can include:

1. Employee information management: Allows companies to store and manage employee personal, job-related, and compensation data in a centralized location.

2. Payroll and benefits administration: Includes tools for calculating employee pay, withholding taxes, and making direct deposits. It can also help with managing employee benefits such as health insurance, retirement plans, and other perks.

3. Recruitment and onboarding: Includes tools for managing job postings, resumes, and candidate data, as well as automating onboarding tasks such as paperwork and background checks.

4. Performance management: Includes tools for setting goals, tracking progress, and providing feedback and recognition.

5. Time and attendance tracking: Allows companies to track employee hours worked and manage time off requests.

6. Compliance: Includes tools to help companies stay compliant with labor laws and regulations, such as tracking employee hours and maintaining accurate records.

7. Reporting and analytics: Allows companies to generate reports and analyze data to gain insights into their human resources operations.

8. Self-service portals and mobile apps: Allows employees to access their information and perform tasks such as requesting time off or checking their pay stubs, which can increase accessibility and convenience.

HRM software can be beneficial for companies of all sizes and in all industries. However, companies that may particularly benefit from using HRM software include:

1. Large companies: Large companies with a large number of employees may find HRM software particularly useful for managing their human resources operations and staying compliant with labor laws and regulations.

2. Companies with multiple locations: Companies with multiple locations may find HRM software helpful for centralizing and standardizing their human resources processes.

3. Companies with high employee turnover: Companies with high employee turnover may find HRM software helpful for tracking and analyzing employee data and identifying patterns and trends.

4. Companies with complex payroll and benefits administration: Companies with complex payroll and benefits administration may find HRM software helpful for automating these tasks and reducing errors.

5. Companies with employees working remotely: Companies with employees working remotely may find HRM software helpful for tracking employee hours and managing time off requests.

6. Companies that are expanding: Companies that are expanding may find HRM software helpful for managing the recruitment and onboarding process and keeping track of employee data.

The prices for HRIS payroll software in Singapore can vary widely depending on the specific software, the number of users, and the level of customization required. Generally, prices can range from a few hundred dollars per year for a basic, off-the-shelf solution to several thousand dollars per year for a more advanced, custom-built system.

It is also worth noting that many HRIS payroll software providers in Singapore offer different pricing models such as subscription-based, per user, per month or per year. Some providers may charge extra for additional features or integrations, while others may include them in the base price.

It's also important to consider the implementation costs, which can include the cost of data migration, customization, and training. Some providers may include implementation in the overall cost, while others may charge extra.

In general, small businesses and startups may find that a basic, off-the-shelf solution is sufficient for their needs, while larger companies or those with more complex requirements may need a more advanced, custom-built system. It's recommended to research and compare different software options, their features and prices, and to consider the specific needs of your business before making a decision.

There are many HRM software options available in Singapore, and the best one for your business will depend on your specific needs and budget. Some popular HRM software options in Singapore include:

1. HashMicro HRM software: A cloud-based HR software that provides a comprehensive solution for payroll, benefits, and talent management.

2. Workday: A cloud-based HR software that provides a comprehensive solution for HR, payroll, time tracking and employee engagement.

3. SAP SuccessFactors: A cloud-based HR software that provides a comprehensive solution for talent management, core HR, payroll, and analytics.

4. Oracle PeopleSoft: A comprehensive enterprise resource planning (ERP) software that includes a module for human resources management.

5. PayrollHero: A cloud-based HR software that provides a comprehensive solution for payroll, time tracking, and employee engagement.