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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

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

TEC 2013 Market Survey Report: What Organizations Want in Human Capital Management (HCM) Software


This report is based on aggregate data collected from more than 1,800 human capital management (HCM) software comparisons performed using Technology Evaluation Centers' (TEC's) TEC Advisor software selection application. Read this report to see what TEC data reveals about what your peers are looking for in HCM solutions, including customization, delivery model, functionality, and server and database platforms.

hcm cost containment  are looking for in HCM solutions, including customization, delivery model, functionality, and server and database platforms. 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

Exelsys HCM for Human Resources Certification Report


Exelsys HCM is now TEC Certified for online evaluation of human resources (HR) solutions in the Human Resource Management (HRM) Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

hcm cost containment  HCM for Human Resources Certification Report Exelsys HCM is now TEC Certified for online evaluation of human resources (HR) solutions in the Human Resource Management (HRM) Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

Magmic Is Game for NetSuite’s TribeHR HCM System


Game and mobile app developer Magmic recently deployed NetSuite's TribeHR human capital management (HCM) system to streamline its human resources (HR) management. The integrated cloud ERP and HCM solution manages Magmic's business and people processes, and provides visibility into business and HR performance, as well as a single system of record for employee information.

hcm cost containment  Game for NetSuite’s TribeHR HCM System Magmic, a developer of more than 200 games such as Ka-Glom and Texas Hold''em King and mobile apps based on content licensed from companies like Mattel and Disney, recently deployed NetSuite ''s TribeHR human capital management (HCM) system to streamline its human resources (HR) management with features including a social recognition system, skills tracking, goal-setting, and employee performance reviews. The Ottawa, Canada-based company also uses the cloud HCM 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

Team With Business Management to Drive Out IT Cost


IT complexity drives cost and to a great extent, it is business management that drives IT complexity. Until IT architecture and infrastructure are simplified and configured into an adaptable platform, system design and construction will be fraught with wasteful work and non-essential components.

hcm cost containment  With Business Management to Drive Out IT Cost Team With Business Management to Drive Out IT Cost J. Dowling - July 25, 2002 Introduction   Does it cost more to run an IT Department that uses two relational database management systems than only one? How about three? How about a company that uses twenty-one different shop floor control systems or a state government that has more than thirty purchasing systems? Let''s throw out the infinitesimal percentage of companies who do benefit from having multiple Read More

State of the Art in TCO: Managing the Total Cost of Ownership


Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate results. Instead of thinking solely about how to calculate and reduce TCO, companies should think about how to manage TCO from a business perspective, in order to leverage solid, results-oriented decisions about IT solutions.

hcm cost containment  of the Art in TCO: Managing the Total Cost of Ownership Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate results. Instead of thinking solely about how to calculate and reduce TCO, companies should think about how to manage TCO from a business perspective, in order to leverage solid, results-oriented decisions about IT solutions. Read More

Can You Bring Cost Down through Better Inventory Management?


In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing, with regards to the overall supply chain network. The most effective way of cost reduction in supply chain is through the collaborative effort of the whole organization. As discussed previously, the supply chain has various areas where cost reduction can be done, but for this blog, I want to

hcm cost containment  You Bring Cost Down through Better Inventory Management? In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing , with regards to the overall supply chain network. The most effective way of cost reduction in supply chain is through the collaborative effort of the whole organization. As discussed previously, the supply chain has various areas where cost reduction can be done, but for this blog, I want to focus on cost reduction with better or best Read More

The Use of Ceiling-Ducted Air Containment in Data Centers


Ducting hot IT-equipment exhaust to a drop ceiling can be an effective air management strategy, improving the reliability and energy efficiency of a data center. Typical approaches include ducting either individual racks or entire hot aisles and may be passive (ducting only) or active (include fans). This paper examines available ducting options and explains how such systems should be deployed and operated. Practical cooling limits are established and best-practice recommendations are provided.

hcm cost containment  DCIM, data center, data center infrastructure management, DCIM management, DCIM software, DCIM software tools, IT, IT infrastructure, APC by Schneider Electric, facility operations and maintenance, data center facility operations, data center PUE, PUE, data center air containment Read More

Managing IT in a Downturn: Beyond Cost-cutting


During a downturn economy, the IT department is often among the first to be hit with senior executives’ cost-cutting initiatives. Yet in some instances, IT investments deliver more value to a company’s top and bottom lines—by creating new efficiencies and increasing revenues—than any savings gained from traditional IT cost-cutting. Discover the other reasons why your IT spending can actually save money in the long run.

hcm cost containment   Read More

Selecting a Cost-Effective Conferencing Solution


As you evaluate conferencing solutions for your organization, an important selection consideration should be the overall cost of the solution; both initial and on-going. It is necessary to evaluate the cost of your current conferencing solution as well as whether an on-premise alternative will pay for itself in a reasonable amount of time. Find out how.

hcm cost containment  a Cost-Effective Conferencing Solution As you evaluate conferencing solutions for your organization, an important selection consideration should be the overall cost of the solution; both initial and on-going. It is necessary to evaluate the cost of your current conferencing solution as well as whether an on-premise alternative will pay for itself in a reasonable amount of time. Find out how. Read More