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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 hcm cost containment

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Human Capital Management

Human Capital Management (HCM) encompasses all the applications necessary for handling personnel-related tasks for corporate managers and individual employees from the point of hire to the point of retire. This HCM model includes functionality for recruitment and staffing management, human resource management, career development, succession planning, learning management, performance and compensation management, and workforce management and planning.  

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Documents related to » hcm cost containment

SAP Upgrade Success Story


Gruppo Tosinvest is by no means a single-process company. Beside a core focus on health care, it also runs businesses in the media, real estate, financial services, and engineering and construction sectors. With such an array of processes, controlling IT costs is of utmost importance. That’s why it decided to upgrade the enterprise software it had been running since 2001.

hcm cost containment  HCM IT Costs | HCM Cost Containment | HCM Controlling Costs | HCM Estimate Costs | HCM IT Expense | HCM Cost Effective Maintenance | HCM Minimizing Maintenance Costs | HCM Low Maintenance Costs | HCM Maintenance Cost Control | HCM Decrease IT Costs | HCM Save on Maintenance Costs | HCM Direct Maintenance Costs | HCM Maintenance Cost Improvement | Read More

Tactical Human Resources Evolves into Strategic Human Capital Management


In contrast to traditionally investing in automation technologies for better use of tangible assets, enterprises have begun to invest in optimizing human capital. Human capital management, or talent management, is a set of human resources practices focusing on the acquisition, management, and optimization of the enterprise workforce.

hcm cost containment  The key tenet of HCM is that companies must change the mind-set of viewing employees as an administrative cost, and instead see them as a strategic investment and a key enterprise asset, with a resulting focus on aligning workforce capabilities with business strategy. This more strategic view of the workforce will gradually become less an HR function and more a management discipline. HCM should be about value and not cost, since people should be regarded as value-adders, and not overheads and liability. Read More

Waking Up to a “New Day” at Infor


Moving away from the relentless acquisitions of the past, Infor is waking up to a brand new day, marked by innovative product development that will change the way work is done. TEC principal analyst P.J. Jakovljevic looks at how the vendor has become a formidable opponent to SAP and Oracle, and examines all the components of Infor10, a new generation of enterprise software that allows the seamless execution of business processes.

hcm cost containment  Lawson Means Business with HCM (But Wait, There’s More…) . March 11, 2008. Computerworld UK. Infor CEO Charles Phillips Discusses the Software Vendor''s Remaking . January 11, 2012. TEC. Infor Strikes Again (at Long Last): Getting “Soft” While Flexing Its Muscles? – Part 2 . July 24, 2009. Read More

Top HCM Comparisons - Updated


Visit TEC's HCM Evaluation Center to compare leading HCM solutions head-to-head based on your company's unique requirements.

hcm cost containment  HCM Comparisons - Updated It''s not your father''s HR any more. Human relations (HR) has grown into human capital management (HCM), with end-to-end software solutions that manage employees'' hiring, training, skills, performance, and career goals. Visit TEC''s HCM Evaluation Center to compare leading HCM solutions head-to-head based on your company''s unique requirements. It''s fast, easy, and free—and you''ll get the results immediately. Start your custom HCM Evaluation Center now.   For assistance, Read More

Vana Workforce Launches Vana HCM Release Update 9


Today, Vana Workforce introduced Vana HCM Release Update 9, developed on the Force.com platform. Available stand-alone or through integration with salesforce.com, Version 9 includes new human resources and talent management features delivered in the cloud and accessible via mobile devices. Key features include new Candidate Search, Offer Builder, and Onboarding modules, which can be

hcm cost containment  Workforce Launches Vana HCM Release Update 9 Today,  Vana Workforce introduced Vana HCM Release Update 9 , developed on the Force.com platform. Available stand-alone or through integration with salesforce.com, Version 9 includes new human resources and talent management features delivered in the cloud and accessible via mobile devices. Key features include new Candidate Search, Offer Builder, and Onboarding modules, which can be used by organizations to manage the recruitment lifecycle—from Read More

Case Study: Enterprise Cost Control Simplifies the Complex


Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate resources for each project from beginning to end. It also wanted help forecasting the outcome of individual projects. The system Wellman implemented allows the company better control of factory capacity planning and high visibility into operations. Get the details.

hcm cost containment  Study: Enterprise Cost Control Simplifies the Complex Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate resources for each project from beginning to end. It also wanted help forecasting the outcome of individual projects. The system Wellman implemented allows the company better control of factory capacity planning and high visibility into operations. Get the details. Read More

Innovative HCM Technologies: A Look at Emerging Solutions for Recruitment and Employee Engagement


Specialized human capital management (HCM) solutions in specific areas such as recruitment and employee engagement can be a good fit for companies that don’t need a full HCM suite or a best-of-breed solution, or those constrained by a limited budget for their HCM initiatives. This report looks at eleven specialized players in the HCM market and how they are using innovative technologies to fit smaller HCM budgets and specialized HCM needs.

hcm cost containment  HCM Technologies: A Look at Emerging Solutions for Recruitment and Employee Engagement Specialized human capital management (HCM) solutions in specific areas such as recruitment and employee engagement can be a good fit for companies that don’t need a full HCM suite or a best-of-breed solution, or those constrained by a limited budget for their HCM initiatives. This report looks at eleven specialized players in the HCM market and how they are using innovative technologies to fit smaller HCM Read More

Total Cost of Goods Shipped: A Guide to Better Sourcing Decisions


To increase profits, companies are searching for ways to reduce costs or sell more at the highest possible price. Many companies are turning to imported goods and materials due to lower manufacturing costs, but this can involve many hidden costs. In this paper, PM War Stories and Pronto Software examines how to effectively track the total cost of goods shipped to aid executives in making faster, better sourcing decisions.

hcm cost containment  Cost of Goods Shipped: A Guide to Better Sourcing Decisions To increase profits, companies are searching for ways to reduce costs or sell more at the highest possible price. Many companies are turning to imported goods and materials due to lower manufacturing costs, but this can involve many hidden costs. In this paper, PM War Stories and Pronto Software examines how to effectively track the total cost of goods shipped to aid executives in making faster, better sourcing decisions. Read More

Human Capital Management (HCM)


Human capital management (HCM) solutions encompass applications for handling personnel-related tasks for corporate managers and for individual employees from the point of hire to the point of retire. HCM solutions provide the tools and technologies needed to enhance all facets of HR administration and employee relationship management.

hcm cost containment  the point of retire. HCM solutions provide the tools and technologies needed to enhance all facets of HR administration and employee relationship management. Read More

Epicor Releases Epicor HCM 5.8


Even a recent change of CEO doesn’t mean that product development stops at an enterprise service company like Epicor. At the recent HR Tech 2013 conference, the vendor announced general availability of the latest release of its human capital management (HCM) solution, Epicor HCM 5.8. The newest release of Epicor HCM delivers expanded country-specific functionality and enhancements to goal

hcm cost containment  Releases Epicor HCM 5.8 Even a  recent change of CEO  doesn’t mean that product development stops at an enterprise service company like Epicor . At the recent HR Tech 2013 conference, the vendor announced general availability of the latest release of its human capital management (HCM) solution , Epicor HCM 5.8 . The newest release of Epicor HCM delivers expanded country-specific functionality and enhancements to goal measurement and reporting. The expanded global framework of the newest release Read More

Outsourcing Security Part 2: Measuring the Cost


Evaluating the cost of outsourcing can be challenging because most organizations cannot fully estimate the financial impact of such a decision.

hcm cost containment  Security Part 2: Measuring the Cost Introduction For organizations of all sizes, outsourcing security is becoming an increasingly attractive method for maintaining a strong security posture. In fact, outsourced security is the fastest growing segment of the information security services market, according to a recent Gartner Dataquest study. Often, the decision to outsource security is based on cost: Can the company effectively outsource or co-source security management functions while still Read More

The Case for Enterprise Cost Systems


Many manufacturers have already implemented enterprise resource planning (ERP) systems. That’s why questions about the need for an additional system to track, analyze, and manage costs are no surprise. Does it replace the entire ERP system? Is there additional work for cost personnel? While each user of enterprise cost systems uses them differently, the road to success lies in using them in conjunction with ERP systems.

hcm cost containment  Case for Enterprise Cost Systems Many manufacturers have already implemented enterprise resource planning (ERP) systems. That’s why questions about the need for an additional system to track, analyze, and manage costs are no surprise. Does it replace the entire ERP system? Is there additional work for cost personnel? While each user of enterprise cost systems uses them differently, the road to success lies in using them in conjunction with ERP systems. Read More

9 Savvy Ways to Reduce the Cost of Your Existing Enterprise IP Telephony Network


Enterprise internet protocol (IP) telephony has proved to be a great communication tool to unite distant employees in a solid team, to reduce costs for international calls, and to improve productivity. Moreover, there are many ways to make enterprise IP telephony network usage even more attractive. Learn five effective ways to reduce expenses for paid calls; four valid tips to decrease costs for IP telephony network ownership and administration; and a unique solution that combines call-accounting and IP telephony network administration features to cover all the ways of telecom costs reduction.

hcm cost containment  Savvy Ways to Reduce the Cost of Your Existing Enterprise IP Telephony Network Enterprise internet protocol (IP) telephony has proved to be a great communication tool to unite distant employees in a solid team, to reduce costs for international calls, and to improve productivity. Moreover, there are many ways to make enterprise IP telephony network usage even more attractive. Learn five effective ways to reduce expenses for paid calls; four valid tips to decrease costs for IP telephony network ownership Read More

It Pays to Understand the Total Cost of Ownership (TCO) for Mobile Computers


One of the first and seemingly simple questions that companies ask when making IT investments is “how much does it cost?” Many often find themselves wondering why—even after a successful implementation—their costs keep going up. When evaluating a mobile workforce automation project, companies should take the time to conduct a thorough total cost of ownership (TCO) analysis to detect hidden costs—and avoid nasty surprises.

hcm cost containment  Pays to Understand the Total Cost of Ownership (TCO) for Mobile Computers One of the first and seemingly simple questions that companies ask when making IT investments is “how much does it cost?” Many often find themselves wondering why—even after a successful implementation—their costs keep going up. When evaluating a mobile workforce automation project, companies should take the time to conduct a thorough total cost of ownership (TCO) analysis to detect hidden costs—and avoid nasty Read More