What is Human Capital Management (HCM)?

InfinityHR

For us go-getters, we have goals and plans in place to further the success of our companies. In order to answer these questions, we must first answer: What is human capital management, really? What is Human Capital Management (HCM)?

4 Key Areas of Evaluation in Succession Planning

InfinityHR

From Drew Bledsoe to Tom Brady; David Robinson to Tim Duncan; transferring power from one leader to another can be a seamless and successful process, not just in the sports world, but within the corporate one too. Key Areas of Evaluation in Succession Planning. Career planning.

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5 sessions I’m excited to attend at #SHRM16

Ceridian

The Society for Human Resource Management’s annual conference and exposition is coming this June, and there are more reasons to be excited than I can count. SHRM16 is the largest human resource event in the world, and there is so much this year’s conference is set to cover.

How to Create a Successful Succession Planning Process

InfinityHR

Believe it or not, many businesses do not have any contingency plans set in place when the imminent happens; an employee resigns, is fired, retires, gets sick, passes away or is offered a job promotion. Succession Planning Process Overview. Succession planning benefits.

Workday Earns Top Healthcare Recognition for Third Year Running

Workday

We’re honored, for the third year in a row, to be recognized by KLAS Research as Best in KLAS in enterprise resource planning (ERP) for Workday Financial Management , Workday Human Capital Management , and our Workday Supply Chain Management solutions for healthcare.

Leverage More ERP Sales with HCM Integration

InfinityHR

The powerful and strategic business processing management tools available can be used to manage data, automate manual process, generate impactful reporting and more for any organization. ERP and human resources solutions. Customer Relationship Planning (CRM).

Top 5 HCM software tips to benefit your business

Insperity

That’s why integrated HR technology has become a popular solution for helping businesses save time, money and frustration. The most basic HR technology systems are usually referred to as HRIS (human resources information systems) or HRMS (human resources management systems). HCM, or human capital management, is the most comprehensive type of HR technology. Benefits management and open enrollment information. Time and attendance tracking.

The Power Of Holistic HCM

Analytics in HR

Disparate human capital management (HCM) systems result in disjointed HR processes and fragmented employee information in files, spreadsheets and systems. It also results in a lack of visibility and is an inefficient use of HR time and resources. Succession.

ADP 63

SumTotal Recognized in Brandon Hall Group’s Excellence in Technology Awards

SumTotal

When it comes learning and talent development, Brandon Hall Group, a research and analyst firm in the human capital management HCM space, provides research, data and expertise. Uncategorized learning management SumTotal Talent Development talent acquisition talent management

Benefit Brokers, Guide Clients Easily Through Open Enrollment With These Tips

InfinityHR

For many HR professionals, guiding employees through the Open Enrollment (OE) process can be an overly time-consuming and stressful period. Change management. With ACA reporting, compliance demands that data be siphoned from Payroll, Time and Attendance and Benefits Administration.

How Digital HR Solves Business Challenges

HRO Today

Schneider Electric is transforming its human capital management approaches one tech solution at a time. It’s a daily occurrence that employees attend video conferences, use workplace productivity apps, and receive smartphone notifications.

CHRO 81

Creating a Game-Changing Full HCM Solution with BirdDogHR and InfinityHR

InfinityHR

Earlier this month, Arcoro —a proven human capital management software company for high consequence industries— acquired InfinityHR to add as their third piece to their overall easy-to-use cloud-based software and services package. For example, BirdDogHR’s background is in the integrated Talent Management Software arena which includes the following modules: Recruitment and Applicant Tracking. Learning Management. Succession Planning.

Reevaluating Business Objectives with Data from Performance Management and ERP

InfinityHR

This hub should be filled with employee datasets to help managers evaluate the various strengths and weaknesses that make up their team. What is Performance Management? Performance management helps to give businesses key insights into its employees. Reduction in lead time.

3 Essential Automated HR Solutions for Benefits Brokers

InfinityHR

Tools used to help automate certain business processes have been available to employers for some time now. There are numerous platforms, systems, modules and applications that manage processes in manufacturing, logistics, finance, customer relationships and more. Benefits Management.

Different HRIS Systems and their comparison with benefits

CuteHR

You tend always to lose track of time and never get enough done on time despite having enough time. As time goes on, you might have to depend on the use of sticker notes to remind and keep tracks of all activities. What is Human Resource Management System (HRMS)?

7 Ways HRMS Can Transform How Your HR Department

HR Morning

No one needs to tell you that your time and energy are valuable. Whether you’re doing everything on pen and paper or using specialized software for recruiting or training, it’s time to consider a change. If you haven’t heard about HRMS, now is the time to check out the technology that can streamline HR and help you take back your day. Human capital management (HCM) ­– HRIS modules, plus onboarding and talent management.

Tips for Selling ERP Software to the Tech Challenged

InfinityHR

Instead of just listing off how your system would use integrations to connect systems to create a single, source of truth to share project costs, you would spend time going over specifics on this lead’s job and how your offering will enhance their abilities to do it more effectively.

How to Streamline the Employee Onboarding Process

InfinityHR

Given that the average employee alters their career path ten times between the age of 18 and 37, employers are scrambling for new and creative ways to retain top talent. The 90-day window is a time for employers and employees alike to decide if the situation will be a good fit.

What is the Difference Between ERP and CRM Software?

InfinityHR

At their core, both Enterprise Relationship Planning (ERP) and Client Relationship Planning (CRM) software promotes beneficial business solutions used to increase revenue and productivity for organizations of all different sizes. Managing finance and accounting processes.

Benefits Packages that Motivate Employees and Attract Top Talent

InfinityHR

Employer-based plans help employees avoid paying the astronomical costs often associated with medical care, and to an extent, dental and vision. An employer-sponsored retirement plan helps employees by: Deducting savings directly from paychecks. Those include: Benefit Pension Plan.

What is HR Reporting and Which Suites Do It Best?

TrustRadius HR

Have you ever thought about humans as capital? I mean, what could be more valuable capital than humans and the skills we have to offer? The conundrum with trying to fit human beings into a mathematical equation is that ultimately we are human.

HR TechStack – Performance Tracking

WhoKnows

It helps organizations establish employee performance standards and enables managers to evaluate employees’ job performance in relation to these standards. Performance management systems are used to manage employee progress, performance, and development in relation to organizational goals.

Improving Employee Engagement with HCM Technology

InfinityHR

To foster a culture that creates employees who are happy and productive, you’ll need to combine human capital management (HCM) technology with your HR processes to increase employee engagement. In the long run, avoiding employee turnover saves time, money and energy resources.

How to Boost Profits with a Cloud-Based Learning Management System

InfinityHR

Many of your clients in small to large enterprises have a need for a learning management system (LMS), they just might not realize it yet. What is a Learning Management System? How does a learning management system increase revenue? InfinityHR and Learning Management.

The Benefits of CRM and ERP Integration

InfinityHR

An enterprise relationship planning (ERP) system integrates data in the backend , across human resources (HR), finance, distribution, manufacturing, and other operations. It gives companies the power to easily secure, manage and transfer data between internal/external applications.

Human Resources a Mess? Here’s How to Get Organized

Insperity

However, with an integrated human resources system, such as a human capital management system, you can get organized , saving you time, money and LOTS of frustration. So what is human resources software? Basic systems, called HRIS (Human Resources Information Systems) or HRMS (Human Resources Management Systems) store essential data such as employee, benefits and payroll information. Time and attendance tracking.

HR TechStack – Workforce Management

WhoKnows

Workforce Management Software Definition. Workforce Management software helps organizations plan, manage, and track employee work, including labor requirements, employee schedules, and paid time off (PTO). Track employee attendance and workforce competencies.

What These 5 Shocking Employee Benefits Statistics Mean for Your Broker Business

InfinityHR

Employee engagement efforts range from on the job expectations such as showing up to work on time, completing assigned projects and tasks, getting involved during meetings and attending required meetings and webinars to name a few. Time and Attendance. Succession Planning.

What These 5 Shocking Employee Benefits Statistics Really Mean for Your Broker Business

InfinityHR

Employee engagement efforts range from on the job expectations such as showing up to work on time, completing assigned projects and tasks, getting involved during meetings and attending required meetings and webinars to name a few. Time and Attendance. Succession Planning.

The Top Voluntary Benefits for Brokers to Offer in 2019

InfinityHR

Today’s employees want to be able to cover the randomness of life through benefits plans offered through their employer. Because of this, due to an unforeseen medical emergency or a major needed purchase, people will more than likely withdraw a loan from their own 401k plan.

HR TechStack – Onboarding Software

WhoKnows

In Fortune 500 companies, it has been estimated that 500,000 new managers transition into new roles or companies each year. Managers begin new jobs every 2 to 4 years on average. Managing people in today’s working environment requires agility, accuracy and visibility.

Your No Nonsense Guide to HSA Contribution Limits and More for Employers

InfinityHR

In regards to Open Enrollment (OE), voluntary benefits and healthcare plans in general, Health Savings Accounts (HSAs) can be used by employers to help themselves and their employees battle the rising healthcare costs that are affecting millions of Americans more-and-more each year.

Supporting an Employee Wellness Program with Voluntary Benefits

InfinityHR

Employers and brokers can work together on identifying the key trends and needs of successful wellness programs, along with quality employee data gathering efforts to learn which voluntary benefits would complement their employee wellness program the best. Stress management.

Stonewalling the Decline of ACA Enrollment with HCM Technology

InfinityHR

Brokers can focus specifically on the automated modules directly aimed at improving the open enrollment process, navigating ACA compliance, Benefits Management and more. Time and Attendance. Performance Management and Feedback Delivery. Online Learning Management.

3 Reasons Why Combining Voluntary Benefits with an HDHP is a Win for Brokers

InfinityHR

As employers usually pay 70 percent of total employee benefits, they are looking into alternative plans such as High Deductible Healthcare Plans (HDHPs) and numerous available voluntary benefits to help offset these ascending costs. It also makes the plan sound expensive.