PSMjärjestelmä
PSMjärjestelmä, which translates to PSM System, is a Finnish abbreviation for a personnel management system. These systems are designed to streamline and manage various human resources functions within an organization. Typically, a PSMjärjestelmä encompasses modules for payroll processing, employee data management, time and attendance tracking, and sometimes performance management and recruitment. The primary goal of implementing such a system is to increase efficiency, reduce administrative burdens, ensure compliance with labor laws and regulations, and provide better insights into workforce data.
Organizations utilize PSMjärjestelmä to centralize employee information, making it easier to access and update. Payroll functions