Integrated Human Capital Management: Over-hyped or Overdue?

“Our most important asset.” This time-honored litany has now become the topic of hot debate in the corporate boardroom as well as the headlines of most business publications. As organizations look internally to achieve sustainable competitive advantage, human capital management (HCM) has taken on heightened strategic importance. But do you have what it takes? How are best-in-class organizations really leveraging HCM?

Featured Software Research:

TEC 2014 HCM Buyer’s Guide for Medium and Large Enterprises

How do you treat humans as capital? The concept of human capital depends on its two parts: what we understand by "human" and what defines something as "capital." The supporting technology then is a shape-giving agent to what human capital management (HCM) or human resources (HR) departments can become.

This buyer’s guide examines high-level features offered by HCM technology vendors. In addition, the guide looks at what to consider when deciding between full suite and best-of-breed software solutions and explores new niche-oriented technologies. You'll also find articles on contemporary leadership models, talent management versus workforce management, and the role of enterprise learning in a company’s growth. Read More

Case Study: Pandora

Pandora is an Internet radio service that needed an agile, sustainable platform for future growth. So Pandora moved its entire IT infrastructure to the cloud, and using FinancialForce accounting and human capital management (HCM) solutions, the company achieved dramatic results. Read More

Improving Profitability through Better Human Capital Management

Human capital costs account for at least half of the variable costs within a company. Yet this cost center is typically managed with less fiscal discipline, fewer business intelligence metrics, and more compromise than the more traditionally valued business aspects such as development and infrastructure.

Human capital management (HCM) needs best practices just like the other aspects of your business—a high turnover increases costs for training and knowledge transfer, while too many disengaged employees means a loss of profits from your bottom line.

This paper looks at how having a single, integrated, and comprehensive talent management solution can help manage all aspects of the employment lifecycle and aid in the management of human capital costs. Included here are case studies of five organizations that have used comprehensive talent management solutions and experienced good results, including increases in sales per employee and higher profits per employee.

The organizations discussed include a large restaurant chain, a restaurant supplier, an automotive services chain, a food retailer, and a bank holding company. Read on for real-life examples of successful human capital cost reduction through best practices brought about by HCM software solutions, such as streamlined processes, higher accuracy, and improved cost and time savings. Read More

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Intelligent Human Capital Management: Workforce Analytics Drives Profit and Performance

This report looks at how companies are making use of business intelligence (BI) reporting and analytics capabilities—whether through tools integrated into enterprise resource planning (ERP), human resources information system (HRIS), or talent management applications, or via standalone BI software that is purchased and then integrated with human capital management (HCM) applications—to drive intelligent decision making. Read More

Diversified Global Company Standardizes On SumTotal

Looking to establish global consistency and best practices in managing its employees, and to centralize its HR information and data, ALFA, a Mexican company in manufacturing and other industries, selected SumTotal’s integrated talent management platform to be its standard human capital platform across its diverse business units. See how the flexibility and configurability of SumTotal facilitated ALFA’s new HR strategy. Read More

Making HR Strategic: Integrated Human Capital Management Holds the Key

Today’s human resources (HR) executives are leading forward-thinking organizations in integrating human capital management (HCM) to optimize organizational success over the long term. See how a complete view of the entire employee lifecycle—enabled with a centralized, integrated HCM platform—provides executives the information and t tools they need to ensure they have the most efficient teams in place to achieve success. Read More
 
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