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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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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 human resource reporting


SPECTRUM Human Resource Systems Corporation iVantage 5.0 for Human Resources Certification Report
SPECTRUM Human Resource Systems Corporation’s human resource information system (HRIS), iVantage 5.0, is now TEC Certified. The certification seal is a valuable

human resource reporting  Human Resource Systems Corporation iVantage 5.0 for Human Resources Certification Report TEC Product Certification Report: SPECTRUM Human Resource Systems Corporation iVantage 5.0 If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. On Technology evaluation centers (TEC) website, you'll find links to the information and resources you need to make an informed Human Resource Management (HRM) software selection. Source: Technology

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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

Discrete Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Automating Stimulus Fund Reporting


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PDS Software Vista HRMS 4.1 for Human Resources Certification Report


PDS's human resource management system (HRMS), Vista HRMS 4.1, is now TEC Certified. The certification seal is a valuable indicator for organizations who rely on the integrity of TEC’s research services for assistance with their software selection projects. Download this 24-page TEC report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Human Capital Management


Today’s economy demands a more proactive, strategic role for the human resources (HR) department. As competition for critical resources intensifies, managers, employees, and candidates are demanding more from HR, moving beyond self-service to secure direct access to relevant information and processes whether in the office or on the road. Epicor Human Capital Management (HCM) provides these capabilities, and more, helping you to manage your globally dispersed workforce, improve HR processes, and enhance employee satisfaction for greater efficiency and cost savings across the enterprise. Epicor HCM automates your HR processes, enabling you to track, manage, and analyze all your employee data from application to retirement. Robust Recruitment Management, Benefits, and Absence tracking tools, all within this Human Resources Information System (HRIS) application, give you greater control over staffing, time off, and benefits administration, with paperless workflows designed to walk managers and employees through common setup and administration operations for improved efficiency. Powerful Performance Management, Reporting, and Analytics functionality helps you align your corporate goals with employee performance, and empowers you with flexible tools to analyze applicant and employee data for better workforce management. Available as on-demand software as a service (SaaS), hosted, or on-premise solution, Epicor HCM is HR software that can be deployed to meet your organizational requirements without compromising functionality or data integrity. To serve your international HR needs, this Human Resource Management System (HRMS) Web-based solution configures data fields to reflect the appropriate format based on employee location, as well as provides location-specific home pages delivering relevant communication and corporate standards. Epicor provides a robust set of flexible and configurable HR, payroll, and employee development software that does the following: offers greater total business value by streamlining the entire employee life cycle manages recruitment and resourcing, training administration, benefits programs, and performance management provides a wealth of information and advice to employees and candidates via direct access promotes operational efficiency by allowing the entire workforce to focus on key company objectives provides flexibility to deploy Epicor Payroll or connect to third-party payroll solutions delivers powerful business intelligence (BI) to enable strategic analysis of key business trends for better planning and informed decision making Epicor HCM solutions help you maximize the talent within your organization, by providing faster and more efficient people support. With customers in more than 150 countries, Epicor u

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How to Profit from Human Capital Management


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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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