Like other research studies, the existing study is also under limits. This study limited to at least four specific
issues. First, the existing study developed HRIS application index based on only the responses of one respondent
from each bank. So, the study was limit to only one respondent’s responses. Second, although, the firm’s
financial performance outcomes consist of many indices, but our study is limit only to five indices: income each
employee, profit an employee, return on investment (ROI), return on equity (ROE) and return on assets (ROA).
Third, the study considered accounting income and profit for 5 years but excluded inflationary impact. Finally,
we measured the financial results based on the data highlighted in firms’ annual reports. However, annual reports
may not guarantee the data accuracy because it may sometimes incorporate intentionally inflated figures by some
managed accredited auditors that may not match with the reality.