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Software Functionality Revealed in Detail
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 human capital practices

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 » human capital practices

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.

human capital practices  Resources Evolves into Strategic Human Capital Management Originally published - September 27, 2006 Given the examples of the changes in human resource (HR) management discussed in Thou Shalt Manage Human Capital Better , and the mushrooming number of point solution providers, many enterprises have realized the significant shortcomings of traditional HR (in terms of technology, beliefs, processes, and practices) that require a strategic-level mind-set change. This is particularly relevant during times of Read More

Human Capital Financials: Understanding the Value of the Human Assets within Your Organization


Many companies are still not fully realizing the ROI on their human capital. While people are often spoken of as assets, they are generally treated as costs, because there is no standardized system of valuing them. TEC research analyst Sherry Fox explores how basic accounting principles can apply to human capital management and argues that investing in people is smarter for your company’s bottom line than cutting costs.

human capital practices  Your Organization The term human capital can be used to describe the asset value of your people and is certainly not a new concept for today’s businesses. But what’s surprising is that many medium to large companies are still not fully realizing a return on investment (ROI) on their human capital. People are often spoken of as assets but are generally treated as costs, because there is no standardized system of valuing them. However, if you view people as value-creating entities—if you can quantify Read More

How to Profit from Human Capital Management


Now you can find out in the HR benchmarking report human capital management: how top organizations drive company profits efficiently.

human capital practices  to Profit from Human Capital Management Today, smart companies realize that HR is more than just the back-office administration of employee records and transactions. They know it''s also about harnessing the power of human capital to help drive corporate growth and profitability . But what are the practices of these organizations that make them so successful? What are their benchmarks? Now you can find out in the HR benchmarking report Human Capital Management: How Top Organizations Drive Company Read More

An Unusual Human Capital Management Suspect


With Infor Human Capital Management (HCM) 3.0, Infor has combined transactional and strategic human resources functionality with planned integration to its flagship enterprise resource planning and extensions solutions, so that customers can better align HCM initiatives with overall business strategy.

human capital practices  Unusual Human Capital Management Suspect Human Capital Management (HCM) The most progressive companies have been using best-of-breed human resource (HR) technologies for attracting, hiring, training, motivating, and managing their people. Software applications are getting more and more sophisticated to help companies with these tasks, and as these solutions continue to evolve and communicate with one another, user companies will have more seamless access to methods and data to manage their employees Read More

Thou Shalt Manage Human Capital Better


Although the human resources department has long been seen as a necessary evil at best, the scope of human resources management systems (HRMS) has been extended to include recruiting, competency management, training, time management, performance management, and so forth.

human capital practices  Shalt Manage Human Capital Better Administrative human resource (HR) management has traditionally received much more lip service than true respect from businesses and individuals. However, many recent events and consequent realizations promise to transform the HR department from a lowly cost center, a necessary evil, and a gaggle of boring pen pushers and record keepers (and other derided whatnots), into a strategic and crucial part of any competitive business. In other words, for a long time HR Read More

Core HR Systems: Flawless Execution Enabling Strategic HR Management


Human resources (HR) professionals are tasked with ensuring employee needs are fulfilled and employer interests are protected. Management of core employee data, such as record-keeping, time and attendance, and payroll processing, is a cornerstone of every HR operation, and the way companies collect and maintain such data is critical. Find out what core HR management capabilities and systems today’s companies are using.

human capital practices  Enabling Strategic HR Management Human resources (HR) professionals are tasked with ensuring employee needs are fulfilled and employer interests are protected. Management of core employee data, such as record-keeping, time and attendance, and payroll processing, is a cornerstone of every HR operation, and the way companies collect and maintain such data is critical. Find out what core HR management capabilities and systems today’s companies are using. Read More

Best Practices for Software Selection


The cost of an enterprise system begins before a software package is even selected, and extends long after it is implemented. TEC’s software selection methodology helps take the risk, cost, and complexity out of the software selection process.

human capital practices   Read More

Human Capital Management


Today’s economy demands a more proactive, strategic role for the human resources (HR) department. As competition for critical resources intensifies, managers, employees, and candidates are demanding more from HR, moving beyond self-service to secure direct access to relevant information and processes whether in the office or on the road. Epicor Human Capital Management (HCM) provides these capabilities, and more, helping you to manage your globally dispersed workforce, improve HR processes, and enhance employee satisfaction for greater efficiency and cost savings across the enterprise. Epicor HCM automates your HR processes, enabling you to track, manage, and analyze all your employee data from application to retirement. Robust Recruitment Management, Benefits, and Absence tracking tools, all within this Human Resources Information System (HRIS) application, give you greater control over staffing, time off, and benefits administration, with paperless workflows designed to walk managers and employees through common setup and administration operations for improved efficiency. Powerful Performance Management, Reporting, and Analytics functionality helps you align your corporate goals with employee performance, and empowers you with flexible tools to analyze applicant and employee data for better workforce management. Available as on-demand software as a service (SaaS), hosted, or on-premise solution, Epicor HCM is HR software that can be deployed to meet your organizational requirements without compromising functionality or data integrity. To serve your international HR needs, this Human Resource Management System (HRMS) Web-based solution configures data fields to reflect the appropriate format based on employee location, as well as provides location-specific home pages delivering relevant communication and corporate standards. Epicor provides a robust set of flexible and configurable HR, payroll, and employee development software that does the following: offers greater total business value by streamlining the entire employee life cycle manages recruitment and resourcing, training administration, benefits programs, and performance management provides a wealth of information and advice to employees and candidates via direct access promotes operational efficiency by allowing the entire workforce to focus on key company objectives provides flexibility to deploy Epicor Payroll or connect to third-party payroll solutions delivers powerful business intelligence (BI) to enable strategic analysis of key business trends for better planning and informed decision making Epicor HCM solutions help you maximize the talent within your organization, by providing faster and more efficient people support. With customers in more than 150 countries, Epicor u

human capital practices  on the road. Epicor Human Capital Management (HCM) provides these capabilities, and more, helping you to manage your globally dispersed workforce, improve HR processes, and enhance employee satisfaction for greater efficiency and cost savings across the enterprise. Epicor HCM automates your HR processes, enabling you to track, manage, and analyze all your employee data from application to retirement. Robust Recruitment Management, Benefits, and Absence tracking tools, all within this Human Resources Read More

Business Best Practices


What differentiates highly successful companies from the ones that struggle, or worse yet, don’t make it? What do companies like Microsoft and Boeing have that ensures that they maintain their market leader status? They deliver their products, services, and images differently, but consistently. They have spent a great deal of money, research, and effort to determine their optimal business flow, and they follow business best practices that put in place “systems” that guarantee their success. Small businesses can also gain the competitive advantage by implementing best practices. Learn how Advantage can model, facilitate, and enforce those best business practices for small businesses.

human capital practices  Microsoft,practice,business,success,AOD,Boeing Read More

E-Policy Best Practices


This business guide by ePolicy Institute and EdgeWave Inc. provides best-practices guidelines for developing and implementing effective workplace e-policies, and in the process, creating clean, compliant, safe and secure electronic communications that are less likely to trigger a workplace lawsuit, regulatory investigation, security breach, or other electronic disaster.

human capital practices  e-policy, email policy, social media policy, p2p risk, peer-to-peer, p2p threats, IM threat, IM, IM risk, electronic management, EdgeWave Read More

The Role of Human Resources in Managing Absence


Almost four in ten employers say the recession has increased their organization’s focus on reducing absence levels and costs. For these companies, human resources (HR) can provide effective absence management and promote accountability by providing accurate records and reports that illustrate trends and patterns that can help managers recognize early indicators of an ineffective department. Find out how.

human capital practices  Role of Human Resources in Managing Absence Vizual specialises in workforce management software that enbales you to Record Attended Time, Manage Employee Absence, run a well managed Flexitime Scheme, electronically store Employee Records, restrict Access to secure areas, Cost Jobs and automatically transfer data to Payroll. Source: Vizual Management Solutions Ltd Resources Related to The Role of Human Resources in Managing Absence : Human Resources (Wikipedia) The Role of Human Resources in Managing Read More

Workstream Announces Plans to Acquire Leading Human Capital Provider


It seems that there are more and more acquisitions in the area of human capital management (HCM) these days. At the end of 2010, we saw enterprise resource planning (ERP) vendors Epicor acquire Spectrum HR and Lawson Software acquire Enwisen. Now it’s Workstream’s turn. On January 3, 2011, performance and talent management software provider Workstream Inc. announced that it has

human capital practices  Plans to Acquire Leading Human Capital Provider It seems that there are more and more acquisitions in the area of human capital management (HCM) these days. At the end of 2010, we saw enterprise resource planning (ERP) vendors Epicor acquire Spectrum HR and Lawson Software acquire Enwisen . Now it’s Workstream’s turn. On January 3, 2011, performance and talent management software provider Workstream Inc. announced that it has entered into a Letter of Intent (LOI) to acquire a leading provider of Read More

HR Analytics: Driving Return on Human Capital Investment


Organizations may be supported by workforce analytics to drive return on human capital investment today and into the future and to see the value the workforce delivers to organizational performance. This paper will introduces a human resources (HR) analytics offering and show how the increased power of having metrics and analytic insight can align core HR business processes with organizational goals and strategies.By downloading this document, you agree to provide contact information and other data to select sponsors of this content.

human capital practices  Analytics: Driving Return on Human Capital Investment Organizations may be supported by workforce analytics to drive return on human capital investment today and into the future and to see the value the workforce delivers to organizational performance. This paper will introduces a human resources (HR) analytics offering and show how the increased power of having metrics and analytic insight can align core HR business processes with organizational goals and strategies.By downloading this document, you 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.

human capital practices  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. Read More