Human Capital Management

What is HCM ?

HCM(Human Capital Management) is an enterprise class software that can scale up and automate processes like payroll, performance reviews, recruiting and training.HCM software integrated all required functions into one platform to be able to help an organization plans ffuture staffing needs by sharing information with other enterprise software.

Key Capabilities

Personnel Administration

It helps in automating all the basic tasks related to employee and personnel information management. Uses a centralized database for enabling employees and others in the management to access consistent, up-to-date, information to provide support to business-related decisions.

Organizational Management

Aids in disseminating and managing policy information and organizational structure. Provides position management for the creation of building blocks for talent and HR (Human Resource) management.

Global Employee Management

SAP HCM supports the processes that are involved in global employee relocation – from the planning and prepping of global assignments to payroll and personnel administration alike.

Benefits Management

Supports diverse plan definitions. Tailors benefits and offers for individual employees.

Time and Attendance

Facilitates effective strategies for time-management. Provides convenient tracking, record keeping, monitoring and evaluation of real-time data.

Payroll/ Legal Reporting

Handles complex payroll processes. Supports legal regulations in most countries worldwide and ensures compliance with all regulatory needs for reporting purposes. Addresses considerations like multiple languages, national currency, collective agreements, reporting, and so forth.

Key Benefits

Talent management: Recruting, learning and development, compensation management and performance management

Provide automatic data processing and multicountry payroll outsourcing

Help in automating HR processes with chatbot, natural language processing and machine learning

Onboarding and time and attendence management

Workforce planning and people analytics

Functions of HCM

The impact HCM software can have on a business or organization is not specific to industry. Here are a few examples of industries that are better off because of HCM software.

Organizational Management
  • Creating graphical reports of organization structure
  • Managing Information on Departments/ Org Units
  • Tracking of Positions in various departments
  • Maintaining Jobs
  • Reporting relationships
  • Vacancy related reports
Personnel Administration
  • Individual Infotype maintenance
  • Contract Elements
  • Monitoring of dates family/related person
  • Education
  • Other/previous Entity Relationship
  • Cost distribution
  • Internal medical service
Time Management (TM)
  • Holiday calendar
  • Personal work schedule
  • Monthly work schedule
  • Attendance and absence quotas
  • Attendance check
  • Graphical attendance/leave reporting
  • Activity allocation
  • Gross payroll accounting with automatic wage calculation
  • Automatic special payments computation
  • Full gross/net retroactive accounting
  • Data exchange with social insurance agencies, banks, etc.