To successfully forecast human resources demand and supply, HRIS enables to gather some important information to develop skill inventory and HR audit. A skill inventory is a computerized or manual system designed to take stock of information about current employees’ experiences, education, compensation history or abilities. HR audit is a systematic examination of an organizational workforce in an effort to create an understanding of the current staffing situation. The HR audit compares the past with the present labour specifications to identify trends and patterns in multiple aspects, including turnover, training, absence, and diversity. An HR audit can identify key information about HR operations, including how well they work, and where improvement may be needed.