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.
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
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.