HR software, also known as Human Resources Management Systems (HRMS) or Human Resources Information Systems (HRIS), is needed for several reasons:

1. Efficiency: HR software gives us automated compensation & benefits management, leave & attendance management, performance management, recruitment processes, training processes, and many others. This automation saves time and reduces the administrative burden on HR professionals, allowing them to focus on more strategic tasks.
2. Accuracy: Manual data entry is always risky for having errors. HR software helps to minimize errors by automating data entry and processing, reducing the risk of payroll mistakes, compliance violations, and other costly errors.
3. Centralized Data Management: HR software provides a centralized database for all employee information, including personal information, employment history, performance reviews, training records, and benefits details.
4. Compliance: HR software helps organizations comply with labor laws, regulations, and industry standards by automatically updating HR policies.
5. Employee Self-Service: HRMS offers Mobile Apps, and Self-service portals where employees can update their personal information, request attendance, apply for leave, view attendance, pay slips, tax information, benefits, loan information, assigned property information, access training materials, etc without involving HR colleagues.
6. Analytics and Reporting: HRMS provides valuable insights into workforce trends, such as turnover rates, employee performance, and other metrics. These insights enable HR professionals and managers to make data-driven decisions to improve organizational effectiveness and employee satisfaction.
7. Recruitment and Onboarding: HRMS streamlines the recruitment and onboarding process by posting job openings to multiple channels, tracking applicant resumes, scheduling interviews, and managing new hire paperwork.
8. Employee Engagement and Retention: HRIS often includes tools for employee feedback, surveys, and performance evaluations, allowing organizations to measure employee satisfaction, identify areas for improvement, and implement strategies to increase engagement and retention.

Furthermore, in the era of Digitalization, we should not think to run an organization without HRMS. Some of the HR Software Providers in Bangladesh are:

• PeopleDesk 
• PeoplesHR
• BIPO HRM
• KORMEE™ 
• odoo HR
• BambooHR
• PiHR 
• Cloud-HRMS
• Smart HRM

However, we must choose the HRMS according to our organization’s needs. So, it is better to have meetings with multiple vendors and watch their demos, and prepare a comparison in multiple aspects, e.g. vendor’s strength, modules, price, etc. After that, we need to make the purchase decision.