X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 advantages and disadvantages of labour and capital intensive


Bank of America
Bank of America is a multinational banking and financial services company. It has a retail banking footprint that covers approximately 80 percent of the U.S.

advantages and disadvantages of labour and capital intensive  of America Bank of America is a multinational banking and financial services company. It has a retail banking footprint that covers approximately 80 percent of the U.S. population and serves approximately 57 million consumer and small business relationships at 5,600 banking centers and 16,200 automated teller machines (ATMs).

Read More


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.  

Start Now

Documents related to » advantages and disadvantages of labour and capital intensive

Collaboration 2.0: Taking Collaboration to the Next Level: From the E-mail and Document-centric World of 'Enterprise 1.0' to the People-Centric World of Enterprise 2.0


Most business collaboration continues to be conducted via e-mail and shared folders, but forward-looking organizations are increasingly considering socially oriented and real-time collaboration solutions to instantly and seamlessly increase productivity between employees, suppliers, customers, and stakeholders. This white paper discusses new products, services, and technologies entering the enterprise collaboration space.

advantages and disadvantages of labour and capital intensive   Read More

The 'Joy' Of Enterprise Systems Implementations Part 3: Causes of Failures


This part discusses the causes of ill-fated implementation

advantages and disadvantages of labour and capital intensive   Read More

The New Era of Mobile Intelligence: the Convergence of Mobile Computing and Business Intelligence


Computing is entering its fifth generation with desktop Internet applications giving way to a new generation of mobile Internet applications. As consumers capitalize on the power of mobile devices, the same transformation is occurring in business. Learn how the convergence of business information and analytics with mobile technology is empowering business people in a way that was never possible—until now.

advantages and disadvantages of labour and capital intensive   Read More

Best-of-Breed Versus Complete CAD-PLM Suites: The Debate Rages On


The PLM world is currently witness to fervent debate on the most appropriate type of PLM/CAD software. Best-of-breed solutions offer the needed capabilities and hence integrate the necessary software modules as per the customer’s needs, whereas all-in-one CAD/PLM suites attempt a “one size fits all” approach. In his report, TEC principal analyst P.J. Jakovljevic provides his view on the intricacies of these two approaches.

advantages and disadvantages of labour and capital intensive   Read More

Justification of ERP Investments Part Three: Costs of Implementing an ERP System


Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into hardware, software, external assistance, and internal personnel. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

advantages and disadvantages of labour and capital intensive   Read More

Voice of the Customer Analytics


Verint Voice of the Customer Analytics solutions provide a solution set to centralize customer feedback across channels, interpret it in the context of business objectives, then act upon it to drive change. These solutions can provide an organization with critical data for rapid, targeted decision making, by analyzing and combining customer data from both direct (speech analytics, chat, e-mail) and indirect sources (social media) to gain a holistic view of the customer experience—down to the individual customer level.  

advantages and disadvantages of labour and capital intensive   Read More

In Defense of Data Centers: The Positive Role IT Can Play in the Greening of Business


Corporate concern for the environment is no longer just an issue of compliancy. Businesses are becoming increasingly concerned about how much energy is required by their IT operations, especially by their data centers. Greening IT starts in the data center: find out how data center consolidation—and other solutions—can help you reduce energy consumption, and even increase productivity and efficiency.

advantages and disadvantages of labour and capital intensive   Read More

Eco-mode: Benefits and Risks of Energy-saving Modes of UPS Operation


Many newer uninterruptible power supplies (UPS) systems have an energy-saving operating mode known as “eco-mode” or by some other descriptor. Nevertheless, surveys show that few data centers actually use this mode, because of the known or anticipated side effects. Unfortunately, the marketing materials for these operating modes do not adequately explain the cost/benefit tradeoffs. This paper shows that eco-mode provides a reduction of approximately 2% in data center energy consumption and explains the various limitations and concerns that arise from eco-mode use. Situations where these operating modes are recommended and contraindicated are also described.

advantages and disadvantages of labour and capital intensive   Read More

Evaluating the Total Cost of Network Ownership


The upfront expenses of a network comprise only 19% of the total cost. The remaining 81% can sneak up on bank management, often unaware of some subtle TCO factors

advantages and disadvantages of labour and capital intensive   Read More

2011 Human Capital Management Buyer's Guide


It’s not your father’s HR anymore. Plain old-fashioned human resources has blossomed into human capital management (HCM)—a vastly more powerful and far-reaching approach to managing your company’s most valuable asset. In TEC’s 2011 Human Capital Management Buyer’s Guide, you’ll learn about the latest challenges, trends, and developments in HCM, the state of the HCM market, HCM resources and research materials, and HCM case studies and success stories. Download your free PDF copy of TEC’s 2011 Human Capital Management Buyer’s Guide today!

This guide discusses the challenges that medium and large businesses face in acquiring, managing, and retaining their staff, and addresses how HCM and related solutions can help organizations address some of these challenges. It covers the entire employee lifecycle, from recruitment and onboarding, to performance and compensation, career development, learning management, succession planning, workforce planning, and analytics. It is organized around three main discussion points:

  • Recruitment Challenges
  • Loyalty and Retention Challenges
  • Global and Mobile Workforces

The information provided in this guide aims to assist companies looking to manage their workforce by providing insight into the endless HCM software options available, including solutions from niche players (best-of-breed), crossover vendors (vendors that have added talent management to their existing solution or suite), and Tier 1 and 2 enterprise resource planning (ERP) vendors (those that have made a talent management or HCM solution as part of their ERP offering), and how they can help organizations overcome some of these challenges.

The guide also contains a special spotlight section on software-as-a-software (SaaS) deployment options and the vendors that provide them.

The guide features customer success stories that illustrate how these various HCM-based solutions have helped companies address the HCM challenges they were facing.

Also included is a vendor directory—organized into sections for recruitment, human resources (HR) management, talent management, learning management, time and attendance, and more—to assist companies looking for HCM solutions with a specific focus.

This guide serves as a useful tool for medium-to-large organizations looking to determine the HCM solution that best suits their business model and specific needs.



Table and Contents


Preface

2011 Human Capital Management (HCM) Buyer’s Guide

Product Comparison

Epicor Customer Success Story
An HRIS Right Out of the Box

Epicor Thought Leadership
Talent Management in the Coming Decade: How your HRIS Can Help

Exelsys Customer Success Story
HR & Benefits Case Study: Abacus

Meta4 Customer Success Story
The Zed Group Chooses Meta4 PeopleNet for Worldwide Human Capital Management

Bond Talent Customer Success Story
Human Capital Supply Chain has EasyJet Flying High

SETS Customer Success Story
Large Law Firm Chooses Unicorn HRO’s Icon System for their HR Needs


Vendor Directory


Download the full copy of the TEC 2011 HR Buyer’s Guide for medium and large businesses.



Report Preview


State of the HCM Market


What is HCM?

HCM is still a relatively new term and is often used to refer to both a company’s processes and the technology behind those processes. From a process perspective, HCM encompasses the activities associated with acquiring, developing, managing, and retaining a company’s most valuable asset—its people. It covers a broad range of activities, including identifying and recruiting the best available talent (people) and partnering with managers to develop and motivate their employees to realize their full potential. The quality and performance of an organization’s workforce will differentiate successful organizations from the others in an intensely competitive market.

From a software perspective, HCM systems are solutions that encompass functionality for recruiting, learning, training and development, performance and compensation management, succession planning, and reporting and analytics. Unlike the traditional HR systems of the past, these solutions address the full spectrum of talent management (from hire to retire, and everything in between). HCM software includes modules for recruiting, onboarding, managing talent, tracking performance, and analyzing data—among other things. By consolidating these various modules, vendors are now developing suites of products that are often available at a considerably lower cost than stand-alone solutions.

As we’ve seen in recent years, mergers and acquisitions (M&A) in human capital and talent management are changing the way vendors market their products. Many large software vendors cater to HR professionals seeking an integrated solution from a single vendor rather than different point solutions from a variety of vendors. More often than not, large vendors purchase smaller vendors, whose solutions provide the software functionality needed to “complete” the large vendors’ offerings. M&A are often seen as a means to maintain and strengthen the acquiring company’s position in the marketplace, as well as a relatively quick way for the company to expand into new markets while incorporating new technologies.


Download the full copy of the TEC 2011 HR Buyer’s Guide for medium and large businesses.

advantages and disadvantages of labour and capital intensive   Read More