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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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 latest trends in hr management


Top 5 Trends in HR Technology
Recession or not, innovation in HR technology continues to grow—altering the way people work. While there are many new solutions available, here are a few that

latest trends in hr management  keeping up with the latest governance requirements, trends, and best practices, today's HR executives already have enough on their plates. Outsourcing traditional (and sometimes non-traditional) HR functions provides a way for these executives to free up time for more strategic efforts. Outsourcing HR transactions is a proven way to control and reduce costs—while getting a greater level of service. Some of the basic services offered by HRO firms include overseeing organizational structure and staffing

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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

Core HR

Core human resources (HR) includes the HR system of record that combines HR transactions, processes, and data. Main capabilities also include payroll management, benefits management, workforce management, and training management.  

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Documents related to » latest trends in hr management

CRM Buzzwords and Trends for 2009


Customer relationship management (CRM) is more than a technology. It’s a business strategy that aims at identifying customers and their needs and then creating sales and service strategies that are unique to them. Here is a quick look at CRM—from buzzwords to trends, to some recommended solutions.CRM Buzzwords CRM ecosystem - the changing landscape of customer relationship

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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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Performance and Talent Management Solutions


Many companies struggle to adapt to their ever-changing workforce, as employees start the job and then leave for better offers. Competition is fierce—and retaining highly skilled job candidates has never been more difficult. In order to achieve their business goals and stay competitive, many companies are turning to integrated talent management (ITM). Find out how you can get started on your ITM development plan today.

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New TEC 2011 Human Capital Management Buyer's Guide


In TEC's 2011 Human Capital Management Buyer's Guide, learn about the...

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SimplyDigi LMS for Learning Management Systems Product Certification Report


SimplyDigi LMS is now TEC Certified for online evaluation of learning management systems solutions in the Human Capital Management (HCM) Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Business Process Management as a Blueprint for Mobile Workforce Management


As service organizations strive to achieve business objectives with limited resources, there is a growing need for greater visibility into business process effectiveness. This is made more difficult by ever-changing business processes and exceptions management. This white paper explains how business process management (BPM) benefits mobile workforce management and outlines how a service-focused BPM solution enables faster BPM adoption.

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Engineering Change Management 2.0: Better Business Decisions from Intelligent Change Management


Traditionally, change management in product development and engineering has been viewed as a way to control cost and improve efficiencies. But companies are becoming aware that better change can drive top-line benefits—and are developing processes with an eye towards improving speed-to-market. Find out why good change management is becoming more important—and how you can use it as a tool to increase product profitability.

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KronosWorks 2011: Beyond Time Clocks for Modern Workforce Management


Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC principal analyst P.J. Jakovljevic looks at WFM challenges facing organizations, particularly those with large, complex workforces, and how Kronos’ innovative solutions help companies control labor costs, minimize compliance risk, and improve workforce productivity.

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Looking Beyond Mobile Device Management to Mobile Application and Enterprise Mobility Management


The increasing possibilities that come from deploying mobile solutions in the workplace are now counterbalanced by an exponentially complex ecosystem of options that can make navigating the corporate mobile landscape challenging and risky. This executive insight examines the needs for organizations to deploy a holistic enterprise mobility management solution that goes well beyond mobile device management.

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