You’ve spent months, potentially years, researching, evaluating and choosing the right HCM system for your organization. Your firm eventually approved the investment in this new human resource management system, and at the end of the day, you are ultimately responsible for either the success or failure of the implementation. You are eager to get a […]
For companies exploring HR technology, acronyms like HRIS, HCM, and HRMS can prove confusing at first. What are the differences between these terms? How does each technology impact the way companies do business? Sometimes these terms are used interchangeably, which only adds to the confusion. Also, there are at times an overlap of critical HR […]
HCM vs. HRMS “HCM” stands for “Human Capital Management”, while “HRMS” stands for “Human Resource Management Systems.” There are many similarities between Human Capital Management and Human Resource Management Systems. The most important is that both deal with the Human Resource Department, which is the specialized office of a company or business that deals with […]
The Human Resource Department of any organization is not just about executing a recruitment process efficiently or firing employees for small- and medium-level businesses. It also handles critical issues regarding management of human resources and the information system, as each of these key processes significantly contribute to the growth of business as well as the […]
Human resource management has a vast array of functions. After all, it is all about dealing with the most complicated creatures on the planet – humans. What Is Human Resource Management? The simple definition: human resource management is how an organisation gets the most out of its human capital. In other words, human resource management […]
Human Resource Management System (HRMS) refers to a suite of software that organizations use to manage internal HR functions. From employee data management to payroll, recruitment, benefits, training, talent management, employee engagement, and employee attendance, HRMS software helps HR professionals manage the modern workforce. Also called a Human Resource Information System (HRIS), HRMS systems put information about a company’s most valuable assets in front of the people who need them. Yesterday’s HR software and HRIS systems have become today’s Human Capital Management Cloud Service.