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Software Functionality Revealed in Detail
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 hr banking


Wipro Spearheads a Global HR Transformation Program for Credit Suisse
Credit Suisse, a global banking and financial services company, embarked on a global HR transformation program in early 2008 to create a number of shared

hr banking  Spearheads a Global HR Transformation Program for Credit Suisse Credit Suisse, a global banking and financial services company, embarked on a global HR transformation program in early 2008 to create a number of shared service centers primarily focused on back-office HR operations. After evaluating a number of vendors for delivery capabilities, cost effectiveness, and a host of other factors, Wipro was awarded the contract. This case study by Everest Group provides a 360-degree view of this

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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.

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 Resources (HR)

Human Resources encompasses all the applications necessary for handling personnel-related tasks for corporate managers and individual employees.  Modules will include Personnel Management, Benefit Management, Payroll Management, Employee Self Service, Data Warehousing and Health & Safety.  

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Documents related to » hr banking

TEC Industry Watch: Enterprise Software News for the Week of August 13, 2012


SOFTWARE SELECTIONSSwiss investment bank UBS selects cloud-based Oracle’s Fusion Human Capital ManagementIndustry tags: Finance and Banking "With extensive worldwide operations, UBS provides its clients with wealth management, asset management, and investment and (in Switzerland) retail banking. A cloud-based HCM solution indeed can be a good option, technically. Traditionally there have been

hr banking  deploy multiple modules: financials, HR management, utility billing, content management, and self-service for vendors, clients, and employees. The software vendor will also provide the city with improved everyday business processes in order to increase overall service levels for Hayward residents. —Aleksey Osintsev, TEC Research Analyst Kimberly-Clark Professional selects PROS Pricing to support sales Industry tags: manufacturer of tissues, personal care, and health care products Apparently, PROS’ Read More

The Sarbanes-Oxley Act May Be Just the Tip of a Compliance Iceberg


The Sarbanes-Oxley Act is not the only government regulation that enterprises must comply with. Several others make it imperative that appropriate enterprise resource planning and financial management systems provide comprehensive sets of financials and analytics capabilities to ensure compliance.

hr banking  transactional HR systems. These HR systems provide tools to produce the W-2 and 1099-R forms, the maintenance of data in compliance with immigration laws, and the Americans with Disabilities Act (ADA) disability information. For more information, see Thou Shalt Manage Human Capital Better . Banks and Financial Organizations' Liquidity Issues However, to further complicate things, many industries have their own inherent regulatory requirements. For instance, banks and financial institutions must comply Read More

Sizing the Enterprise Incentive Management Opportunity-And the Challenges Ahead


Pure-play enterprise incentive management (EIM) vendors who have focused on providing the capability to manage highly complex compensation systems will be well positioned to take advantage of the major growth projected in the EIM market.

hr banking  as SFA, ERP, and HR and payroll. The advantage should be given to vendors and system integrators demonstrating flexibility to add data sources and targets, efficient use of system resources, automatic system deployment and maintenance, secure application and data access, and the ability to leverage in-house technologies and expertise. Shared services, increasingly in a hosted mode, might be an especially effective strategy for businesses that vigorously pursue M&A opportunities. It goes without saying Read More

The New and the Noteworthy: 2008 Vendor Wrap-up


2008 seemed to be the year for mergers and acquisitions (M@As) in the world of enterprise software—with companies like Oracle picking up Primavera Software’s project and portfolio management (PPM) offering, and Symantec grabbing up MessageLab’s messaging and web security offering. But it was also a year for some software firms to see their latest solutions shine. With 2008 nearing its end

hr banking  – Many of the HR issues that businesses face today are common points of interest for HR (and related software) vendors. As such, software products are designed to address these issues by helping organizations properly manage new talent recruitment, employee productivity tracking, workforce or succession planning and modeling, and baby boomer retirements. While other companies like Ramco have a similar aim, Ramco’s solution has an added feature that most HR solution providers are just beginning to get Read More

Raising the Bar in HR


Investing in a human resource management system (HRMS) can help you tap into the wide range of business intelligence that already resides within your HR department. Read further to find out implementing an HRMS can help you streamline your administrative activities, become more efficient and productive, and find new ways to move your business forward, giving your company a competitive advantage in today’s marketplace.

hr banking  the Bar in HR Investing in a human resource management system (HRMS) can help you tap into the wide range of business intelligence that already resides within your HR department. Read further to find out implementing an HRMS can help you streamline your administrative activities, become more efficient and productive, and find new ways to move your business forward, giving your company a competitive advantage in today’s marketplace. Read More

Best Practices: Six Questions to Ask Before Moving Core HR into the Cloud


Mergers and acquisitions, decentralization, and globalization are putting enormous pressure on HR to standardize systems and processes. The lack of a single global system of record for core HR data prevents companies from operating effectively and efficiently. As companies race to expand into new markets quickly, HR leaders must understand the opportunities and challenges that exist with core HR today. The cloud allows for global reach and scale, but you must ask the right questions to determine the cloud solution that is right for you.

hr banking  Ask Before Moving Core HR into the Cloud Mergers and acquisitions, decentralization, and globalization are putting enormous pressure on HR to standardize systems and processes. The lack of a single global system of record for core HR data prevents companies from operating effectively and efficiently. As companies race to expand into new markets quickly, HR leaders must understand the opportunities and challenges that exist with core HR today. The cloud allows for global reach and scale, but you must ask Read More

HR System for Banks, Financial Institutions


A multinational bank was looking for a fully integrated human resources (HR) solution to replace its legacy system. To find the right solution, the company turned to TEC for an extended evaluation and selection project.

Starting with a list of eight qualified solutions, TEC issued requests for information (RFIs) to each of the vendors. Based on the RFI responses, the bank was able to compare the eight solutions and develop a shortlist of the three most promising ones for in-depth evaluation.

TEC also helped the bank prepare scripts for formal demonstration session—a key component of the final selection process.



hr banking  Capital Management NuView - HR product suite Infor - SmartStream Human Resources and Payroll SAP - euHReka, NorthgateArinso TSL Group - HRp5 AFAS - Profit STL - Hrplus Anywhere Sapien - Sapien Software Read More

Banking Industry's Fair Value Accounting (FVA) Conundrum


Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping

hr banking  Industry's Fair Value Accounting (FVA) Conundrum Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping in market value. Some unemployed households are obliged to walk away Read More

Core HR: Becoming a True Business Partner


Core HR is the essential (if not the most glamorous) component of an organization's human capital management strategy. And what successful companies understand is that core HR lays the foundation for not just compliance, but employee engagement and business success. Based on data from nearly 300 organizations, this Aberdeen Research Brief examines how core HR service delivery is linked to true HR/business partnership.

hr banking  True Business Partner Core HR is the essential (if not the most glamorous) component of an organization's human capital management strategy. And what successful companies understand is that core HR lays the foundation for not just compliance, but employee engagement and business success. Based on data from nearly 300 organizations, this Aberdeen Research Brief examines how core HR service delivery is linked to true HR/business partnership. Read More

HR Manager to HCM Strategist in Four Easy Steps


Demand for global workforce visibility and insight is huge; yet many HR teams today are only able to produce data on what is currently happening or what occurred in the past. But HR needs to move beyond “what occurred,” applying full analytical capabilities to understand “why an event happened” so proactive changes can be made to improve overall business performance. This type of complex exploration and examination, where financial implications and cause and effect are studied, helps elevate HR to the most strategic level—transforming the HR manager to HCM strategist. Read this white paper to discover how cohesive business intelligence can proactively impact your organization.

hr banking  is huge; yet many HR teams today are only able to produce data on what is currently happening or what occurred in the past. But HR needs to move beyond “what occurred,” applying full analytical capabilities to understand “why an event happened” so proactive changes can be made to improve overall business performance. This type of complex exploration and examination, where financial implications and cause and effect are studied, helps elevate HR to the most strategic level—transforming the HR Read More

HR Tech 2013 Interview: Frank Moreno, Director, Product Marketing, Kronos Inc.


HCM Analyst Raluca Druta interviews Frank Moreno, Director of Product Marketing at Kronos, live on the show floor at the 2013 HR Technology® Conference & Exposition. Listen and find out how customers are responding to Kronos’ Workforce Central 7, what’s in store for the company’s cloud services offering, and whether Kronos has any plans to grow into a full-fledged HCM suite.

hr banking  floor at the 2013 HR Technology® Conference & Exposition. Listen and find out how customers are responding to Kronos’ Workforce Central 7, what’s in store for the company’s cloud services offering, and whether Kronos has any plans to grow into a full-fledged HCM suite. Read More

HR in the Cloud: Bringing Clarity to SaaS Myths and Manifestos


This white paper is designed to give you greater insight into the pros and cons of putting your HR applications in the cloud. You’ll learn about which applications and cloud delivery models make the most sense not just for your human resources (HR), but for your company’s industry and business model. You’ll also gain a better understanding of the myths circulating about software as a service (SaaS) and other cloud solutions, and why an enterprise-grade solution may make the most sense.

By downloading this document, you agree to provide contact information and other data to select sponsors of this content.

hr banking  cons of putting your HR applications in the cloud. You’ll learn about which applications and cloud delivery models make the most sense not just for your human resources (HR), but for your company’s industry and business model. You’ll also gain a better understanding of the myths circulating about software as a service (SaaS) and other cloud solutions, and why an enterprise-grade solution may make the most sense. By downloading this document, you agree to provide contact information and other data Read More

CRM for the Finance and Banking Industry - Part 1


How many different systems does a bank employee use when changing a customer’s contact information? The last time I moved and had to change my address, the bank employee used two systems, asked three or four of her co-workers for help, and took about 15 minutes to do it because the information from one system did not transfer right away to the other system. It goes without saying that this was not

hr banking  used two systems, asked three or four of her co-workers for help, and took about 15 minutes to do it because the information from one system did not transfer right away to the other system. It goes without saying that this was not my best experience dealing with banks, but not the worst either. Actually, having implemented business solutions in the past, I find it quite amusing when it happens because it reminds me of the “good old days” when I used to get blamed for faulty systems. CRM-related Read More

Crossing Boundaries to Create Hybrid HR


Hybrid human resources (HR) is all about combining every available delivery option—HR outsourcing being one of them—to provide HR services in as cost-effective and as standardized a way as possible. Companies can choose between an on-premise, on-demand, or a business process outsourcing (BPO) solution—or they can choose and combine the best of all worlds in order to match their business needs. Find out how.

hr banking  Boundaries to Create Hybrid HR Hybrid human resources (HR) is all about combining every available delivery option—HR outsourcing being one of them—to provide HR services in as cost-effective and as standardized a way as possible. Companies can choose between an on-premise, on-demand, or a business process outsourcing (BPO) solution—or they can choose and combine the best of all worlds in order to match their business needs. Find out how. Read More