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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 yearly evaluations


Talent Management: The New Business Imperative
Studies and statistics suggest that, because of demographic trends, companies will soon face a shortage of talent. In response, many companies have begun

human resource yearly evaluations  a principle at Mercer Human Resource Consulting LLC. Most companies fall into the area of being concerned, asking questions and not finding easy answers. How Big a Talent Shortage? The U.S. Bureau of Labor Statistics (BLS) forecasts the civilian labor force (supply) will grow to 162.1 million and the jobs available (demand) will grow to 164.5 million by 2014. Although the BLS does not officially forecast labor shortages or surpluses, together the two curves illustrate the gap between demand and supply.

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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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Documents related to » human resource yearly evaluations

A Veteran Enterprise Resource Planning Vendor Makes a SaaS-y Statement


Glovia International has launched the first full-fledged and versatile, manufacturing-oriented solution that is an on-demand, enterprise resource planning software-as-a-service application. Its solution is good news for small and medium businesses in more ways than one.

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Core HR Systems: Flawless Execution Enabling Strategic HR Management


Human resources (HR) professionals are tasked with ensuring employee needs are fulfilled and employer interests are protected. Management of core employee data, such as record-keeping, time and attendance, and payroll processing, is a cornerstone of every HR operation, and the way companies collect and maintain such data is critical. Find out what core HR management capabilities and systems today’s companies are using.

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Core HR Software Evaluation Report


This Software Evaluation Report on human resources management systems affords clients the opportunity to rapidly determine their criteria for management and employee personnel tasks. Its extensive criteria include benefits and payroll management, employee self service, data warehousing, and health and safety requirements.

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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.



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.

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Drink-IT Is TEC Certified for Mixed-Mode Enterprise Resource Planning


TEC is pleased to announce that Drink-IT by the NORRIQ Group is now TEC certified in the mixed-mode enterprise resource planning (ERP) software space. Drink-IT is one of the only global ERP solutions designed specifically for the beverage industry and supports the unique needs of beverage producers and manufacturers with additional extensive functionality on top of the Microsoft Dynamics NAV platform.

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4 Human Resource Documents Managers Can't Live without


To maintain an efficient and legally compliant company, your human resources (HR) functions play a much greater role than you might think. One of the best ways to organize your HR functions is with the documents your HR department creates, including your company's employee handbook and policies. Find out how an HR document solution can help you customize templates for these and many other important forms and procedures.

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Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Engineer-to-order ERP Certification Report


The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Cliff Notes for the Resource Management MBA


Since human capital makes up the majority of costs for service providers, effective management of resources truly is the high water mark in the services industry. With a strategic focus on the right resource skills, training and availability, services organizations can improve project quality, timeliness, and cost-effectiveness while managing human capital and resource management more holistically. Download this white paper to learn more.

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Human Resource Management Center (HRMC)


Founded in 1984, Human Resource Management Center (HRMC) is a pioneer in applying cutting edge technology to solve business' most pressing human capital challenges. The company's flagship HRMC AcclaimSM solution simplifies the management of all phases of the employee lifecycle, and the identification of opportunities for improvement. HRMC's technology automates a range of interrelated processes within a flexible, user-friendly framework, enabling organizations to streamline the acquisition and assessment of talent, evaluate new employees' readiness to contribute, and analyze the impact of a company's culture on retention and performance. Whether accessed over the Web or the phone, users--from job prospects to long-time employees--are led through an interactive experience that approximates true human dialogue, resulting in more effective interviews and employee surveys. HRMC Acclaim is easy to deploy and can be up and running within two weeks. It can be integrated with and extend the functionality of existing applicant tracking and HRIS systems, or provide companies with a complete, end-to-end automated solution from the ground up.

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5 Steps to Effective Resource Management


Effective resource management not only impacts profitability, it generates loyalty that translates to competitive advantages in recruiting and retaining the best people. System inefficiencies, however, often make it difficult for businesses to find time to improve their resource management processes or upgrade their systems. Find out how these five steps can help your business in its resource management planning efforts.

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