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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.
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 human resource planning at tescos


An End-to-end Solution for Mine Business Planning
Mine business planning is a time-consuming and complex task involving many participants, systems, and separate processes. It is often extremely difficult to

human resource planning at tescos  

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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 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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Planning, Budgeting, and Forecasting Software Evaluation and Selection Guide


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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.



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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.

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Human Capital Institute


The Human Capital Institute (HCI) conducts research, training, certification, and events. The association also researches the factor of human capital in successful mergers and acquisitions.

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