Guides on Human Capital Management

5 Things You Need to Know About HCM Integration

Here you'll find a variety of guides, whitepapers, and eBooks that cover a wide range of topics on HRIS, Canadian Payroll, People Management, and more.

Issue link:

Contents of this Issue


Page 1 of 21

1 5 things you need to know about HCM Integration ©2014 Avan So ware Inc. All rights reserved. A er helping organiza ons select and implement HCM solu ons for over 30 years, we know that Managers, Payroll and Human Resources (HR) teams all have the same goal – to have happy employees. At Avan , we have always been advocates for managing all of your employee data from a single solu on. That's because from the moment a new employee is hired right through to their re rement, your HR and Payroll teams need to work together to ensure the employee is well looked a er. In addi on, the employee themself and their supervisor play an integral role in providing informa on and communica ng changes. And of course your management team needs the employee's informa on to be included in reports for planning and decision making purposes. Without a single source for your employee's data you can end up with a spreadsheet nightmare when you a empt to bring all of your data together from disparate sources. Having a solu on that's easy to use with all the informa on in one place leads to a unified and collabora ve employee management approach. Integra on means be er informa on sharing and synergy between all the stakeholders in your organiza on. It ensures that everyone involved in employee management has access to the most up-to-date and accurate employee informa on– you'll always be "in the loop". You'll gain a be er understanding of HCM so ware by exploring 5 ways your stakeholders benefit from using an integrated solu on, including: 1. Integrity of employee data 2. Comprehensive HR management 3. Elimina on of duplicate sources and input 4. Empowerment of your employees 5. Single source of data for your organiza on INTEGRATING YOUR EMPLOYEE MANAGEMENT ONE SOLUTION FOR ALL YOUR EMPLOYEES By: Marlo Hertling What is HCM? Human Capital Management (HCM) is a strategic approach to the management of an organization's most valued assets - the people working there. HCM consists of Payroll, HR, Time & Attendance and Self-Service.

Articles in this issue

view archives of Guides on Human Capital Management - 5 Things You Need to Know About HCM Integration