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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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 implementing hcm finance


How to Create a Business Case for Your Human Resources System
Getting CFO or CEO approval to purchase a new software system is often a challenge—but more so if that system is for human resources (HR), as HR is not

implementing hcm finance  – the cost of implementing and training on usage of the software and hardware Maintenance – cost of maintenance and support (internal and external)   Risks Identify those items that might present problems for your organization. Ex: Lack of resources/priorities to complete the project on-time Technological risk for complex processes Lack of response from benefit carriers may delay our implementation schedule.   Critical Success Factors When embarking on any project, it is important to understand

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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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State of the Market: HR


Despite predictions that it would be subsumed by enterprise resource planning (ERP) vendors encroaching from above and automation vendors encroaching from below, the manufacturing execution systems (MES) market has been growing steadily. This guide from TEC and Flexware Innovation provides state-of-the-market analysis, success stories from your peers, in-depth information on solutions, and a spotlight on leading vendors.

The products covered in this guide address the management of a company’s workforce, including hiring, payroll, benefits, training, health and safety, and more.

While HRIS are also commonly referred to as human resource management systems (HRMS) or as human capital management (HCM), for the purpose of this guide, we will refer to the systems that support HR functionality as HRIS throughout. All these systems—in one way or another—encompass core HR functionality.

We’ve included customer success stories to illustrate how the various HR solutions have helped companies like yours solve personnel, payroll, and benefit management problems.

For your convenience, there is also a vendor directory to assist companies looking for an HRIS, whether it’s an end-to-end on-premise solution, an on-demand or software-as-a-service (SaaS) solution, a third party solution, or a best-of-breed solution.

We hope you’ll find this guide a useful tool in determining which HRIS is best suited to your company’s business model and particular needs.


Table of Contents


Introduction

State of the Midsize HR Marketplace

Executive Summary: Core HR

Thou Shalt Manage Human Capital Better

Customer Success Story: Core HR

Nikon Reaps Benefits from Ultimate Software’s Ultipro

Executive Summary: Human Capital Management

Tactical Human Resources Evolves into Strategic Human Capital Management

Customer Success Story: Talent Management

Commerce Bank is Counting on Lawson

Vendor Spotlight

Auxillium West

Ceridian Canada Limited

CheckPoint HR

Lawson

NuView Systems, Inc.

Sage Software

Ultimate Software

Unicorn HRO


Download the full copy of the TEC 2008 HR Buyer’s Guide for SMBs.



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State of the HR Marketplace


For many years, HR management has been viewed as the enterprise function responsible for staffing and personnel-related issues, such as recruiting and hiring, establishing employment policies, handling pay and retirement plans, and administering benefits. Today, company executives see the HR function in an entirely different way. From recruiting, hiring, and training new staff, to the transfer of key functions from the back office to the front line, it is evident that executives are looking to transform HR from a seemingly low-priority function into a strategic and vital part of the business.

What is fueling this transformation is that SMB executives are beginning to understand the critical link between their people and the bottom line. To remain competitive as an SMB in today’s job market, employers need to know what their employees are doing, what skills they have, their ambitions, how they are progressing, and how they fit into the future of the business.

SMBs that continue to view HR as strictly a department or administrative service and that fail to infuse HR functions throughout the organization will inevitably limit their ability to compete and grow.

We’ll review some of the trends in the HR space, as well as some of the challenges facing SMBs in the wake of globalization and the changing HR landscape.


Download the full copy of the TEC 2008 HR buyers guide for SMBs.

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The (Underappreciated) Value of B2B Pricing Software


Conventional wisdom would suggest that pricing, as a key component of a business’s financial performance, is a critically important discipline within any enterprise, touching many departments, from sales and marketing to finance. And yet, does anyone know whether their company is making the best pricing decisions? TEC Principal Analyst P.J. Jakovljevic is encouraged by the growing awareness and adoption of pricing technologies among B2B enterprises.

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Making the Business Case for HR Investments during Economic Crisis


Automation of human resources (HR) processes and integration across various functions can provide visibility into and analysis of the workforce. Having a single reliable source of information is key to enabling this visibility, which in turn can enable your company to align skills with business objectives. Learn more about how you can optimize your HR systems to meet your current—and future—human capital management needs.

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Thou Shalt Motivate and Reward Workforce Better


The potential of enterprise incentive management systems should not be ignored, since this software category promises a fairly rapid and tangible return on investment, outlines expensive over- and under-payment errors, and reduces administration overhead.

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Implementing Fax in the Enterprise


Fax is here to stay whether we like it or not. But fax technology has come a long way, and can be incorporated with application programming interfaces and multifunction print (MFP) devices. In fact, new enterprise fax architecture is often more flexible and modular than other modes of communication, such as e-mail and instant messaging. Get connected with news on how fax technology can enhance your business processes.

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Oracle Fusion HCM Cloud Applications: A Buyer’s Guide for CIOs


This white paper explores six key technical questions that every enterprise should ask when selecting a cloud-based HCM application. For each one, we examine why Oracle Fusion HCM is the best solution for any enterprise looking to harness cloud computing to modernize and extend its HR systems.

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

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How to Succeed in Implementing an ERP System for Your SMB


Small and midsize companies face special challenges when it comes to implementing an ERP solution. Learn what recent research has revealed about what these challenges are—and the success factors that have helped small businesses like yours overcome them—in this article by TEC’s Catherine Muir.

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Implementing a High Performance Service-oriented Architecture


To solve your data-intensive problems and deal with data storage tasks, you might consider a two-tier method. How? By using service-oriented architecture (SOA) to make distributed systems interoperable. Why? SOA can optimize data storage architecture, transparently and securely, to maximize and optimize access to large quantities of data. Learn about other benefits, and the steps that are best for your IT infrastructure.

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Releasing Resources to Support Growth: The Long-term Benefits of Finance Transformation


Senior finance executives in all industries recognize the long-term benefits of transaction-processing automation on resource allocation. Transaction automation frees time and resources that can be allocated for decision support and financial planning and analysis. The result: sustained, profitable top-line growth and risk reduction. Find out other benefits of improving your back-office processes through automation.

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CEM AX HCM and Payroll


CEM AX HCM and Payroll are built on the Microsoft Dynamics AX platform.    CEM's human capital management (HCM) software allows the human resources (HR) manager to coherently map data across various levels of the organization. It generates and integrates data across multiple roles, entities, and locations.   CEM AX Payroll eliminates the need for payroll outsourcing. It was custom-developed for organizations to be able to process their payroll internally, in full compliance with dynamic and varied legislation, and offers a completely transparent payroll process.   

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