Human Capital Management (HCM) is simply a term given to software that helps companies manage their human resources in all aspects of employee needs.
Immediate considerations may be pay and attendance, but others may be training and development, recruiting and integration, as well as overall employee performance.
All of this can be bundled into a single software platform to improve human resources performance in an integrated HCM framework. Better yet, analytics can provide actionable insights to increase efficiency and productivity without hurting your business.
Moving to the right human capital management solution can seem like a daunting task, but done right it can do wonders for your profit margin while improving employee engagement and motivation. Just make sure each platform is properly tested to meet your business needs before trying to adopt it; otherwise, the solution you advertise may be a problem, and not just for you, but for you as well. Also for your employees.
To help you choose the right solution, we have compiled a list of the best human capital management software.
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(Image credit: SAP SuccessFactors)
1.SAP SuccessFactors
Use the simple user interface of SAP SuccessFactors to meet all your human capital management requirements
Intuitive dashboard
Various HCM Features
Relatively expensive
SAP SuccessFactors is an American company that offers Human Capital Management (HCM) solutions in the cloud. They were founded in 2001.
This cloud-based HCM suite includes payroll and human resources management as time management tools.
SAP SuccessFactors is for companies with fewer than 500 employees. The platform can help you manage your personal files. This helps you define your business goals and manage your employees' performance.
The SAP Configuration Assistant guides you through all the steps when you activate the solution for the first time. The wizard will ask you what tasks to do and offer practical tips and tutorials to better familiarize you with the platform.
All employees can connect to the main dashboard. Administrators have access to more features. This is a mosaic format. They represent "to-do lists", performance goals, reviews, properties, and deal with pending requests.
All SAP SuccessFactor pricing models are available upon request.
Online commenters have pointed out that the solution is not as competitively priced as other HCM software.
(Image credit: Oracle HCM Cloud)
2. Oracle HCM Cloud
Choose from Oracle modules according to your needs.
Variety of packages
Suitable for large companies.
Not customizable
Oracle is an information technology company that develops and markets database software, cloud technologies, engineering systems, and business software products. They were founded in 1977.
Oracle HCM Cloud is a complete human resource management suite. It is intended for medium and large companies. The solution consists of several different modules that can be purchased as a single set or as individual standalone products.
The "Global HR" package contains information on employees, self-service functions, their life cycle and processes to support industry and unions. There are also tools that provide information on the costs and impact of any organizational change.
The "Workforce Management" module helps companies manage their wages and labor costs.
The Work Life solution provides companies with the skills they need to build employee loyalty and improve employee satisfaction.
For pricing information, you should contact Oracle directly. The company offers a demonstration of its services to interested parties.
Online commenters have noted that the solution is not easily customizable.
(Image credit: business day)
3. business day
Workday offers a complete solution for organizations of all sizes.
Variety of demos
All-in-one solution
Some usability issues
Workday is a provider of cloud-based human resource management and human resource management software. It was founded in 2005.
Workday customers include Netflix, TomTom, Hewlett Packard, AON, and Amazon.
The suite is suitable for companies of all sizes. Available modules include financial management, human capital management, analytics, and professional services automation.
The HCM solution offers workplace planning, recruiting tools, compensation, benefits, talent management, payroll management, time and attendance management.
The staff lifecycle management solution is the focus of the suite and includes tools to plan, hire, manage and analyze a significant number of employees.
The compensation management tool consists of creating and managing compensation programs for employees.
Workday offers a variety of demos. Potential customers should contact the sales team directly to request a quote.
Online critics have noted that the tool was not as user-friendly as it claims.
(Image credit: BambooHR)
4.Bamboo HR
True to its name, Bamboo is flexible and reliable.
Mobile app
Free Trial
Some usability issues
BambooHR is an American company that offers human resource management software as a service. They were founded in 2008. SoundCloud, Foursquare, and Asana are among their most prominent clients.
The solution is aimed at services for small and medium-sized companies. Its dashboard is easy to use and well presented. You can manage personnel data, track, files and reports from here.
At the top of the dashboard there are tabs for services such as "My information", "Employees", "Job offers" and "Reports", among others. All employees can see their photo, employee information, and vacation pay on the right side of the screen.
BambooHR is an integrated platform that assigns roles through the hierarchy of users within the organization. For example, managers and administrators can see and do more than just ordinary employees.
Platform benefits management enables companies to track personalized benefits. They have a variety of plans tailored to all employees.
BambooHR offers apps for iOS and Android smartphones. From there, you can access your business directory and leave requests. The apps also help your employees stay informed of any changes within the company.
There is a free trial version available. Users should contact BambooHR directly to request a quote.
Some online reviewers mentioned minor usability issues with the online interface.
(Image credit: Infor)
5. Info CloudSuite HCM
Consolidation of various services.
Manage human resources at all levels.
Idea analytics
Infor's CloudSuite HCM aims to simplify the human resource management process by bringing together the largest number of services on a single platform. The result is the ability to streamline complex processes and processes and manage them more easily.
Key features include the ability to manage human resources from any level, from local to global, addressing issues such as business structure and budgeting, as well as employee relations. , benefits and time management.
Talent management options offer the ability to simply manage hiring and onboarding, as well as set and monitor compensation, targets, and appropriate performance. There is a knowledge base portal and a custom case management system, as well as the ability to manage payroll as required.
The analytics are also integrated, so that all aspects of the HR process. and possible responsibilities.
CloudSuite HCM is flexible enough to work in most industries, including retail, public sector, manufacturing, service industries, energy companies, and public sector services.
- You can sign up for Infor CloudSuite HCM here
6. Ceridian
Ceridian gives employees and managers instant access to vital information
Centralized platform
Detailed information
Learning curve
Ceridian offers HR software and services. They were founded in 1992.
Ceridian HCM runs entirely through an application called Dayforce. Users can access all functions through this platform. Dayforce is for medium and large companies.
The platform allows users to manage payroll, attendance, schedules and hiring, among others. It also offers mobile apps for iOS and Android users. Customers can request permission, view schedule changes, and save their working hours through the app.
The payroll system is easy to use. Employees can track payroll information. This includes a complete breakdown of your paycheck as well as your salary history. Dayforce also includes the option to print tax forms.
Employees can also control their presence and keep track of their vacation entitlements.
Users also have access to chat and phone support. Dayforce HCM has its own online support portal.
Dayforce allows administrators to set goals for team members. Dayforce will track and mark these goals at the end of the work year.
Pricing is available by contacting the Dayforce sales team. You can also request a demonstration of their services.
Online commenters have noted that there was a slight learning curve with this product.