Our recently released benchmark research on optimizing payroll management assesses how organizations use payroll information, processes and technology. It finds that most of them still need to improve. Our analysis compared the forces motivating investment in payroll management systems to broader strategic drivers for human capital management (HCM) that I previously outlined and found substantial agreement. Three of the five leading factors – demand for higher employee productivity (48%),...
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Topics:
Big Data,
HCM,
Office of Finance,
Employee Productivity,
Financial Performance,
Workforce Performance,
HR,
Talent Management,
Workforce Management,
benchmark,
Pay for Performance,
Payroll Management
At the Informatica World 2014 conference, the company known for its data integration software unveiled the Intelligent Data Platform. In the last three years Informatica has expanded beyond data integration and now has a broad software portfolio that facilitates information management within the enterprise and through cloud computing. The Intelligent Data Platform forms a framework for its portfolio. This expression of broad potential is important for Informatica, which has been slow to...
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Topics:
Big Data,
Master Data Management,
Sales Performance,
Supply Chain Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Data Management,
Financial Performance,
Informatica,
Information Applications,
Information Management,
Workforce Performance,
Information Optimization,
Product Information Management,
application
Epicor used its recent user group conference to explain its strategic direction and product roadmap. The company is the result of multiple mergers of business software corporations over the past 15 years; its target customers are midsize companies and midsize divisions of larger organizations. Its most significant products are Epicor (ERP software aimed mainly at manufacturing and distribution companies) and Activant Solutions (software for small and midsize retailers, including a point-of-sale...
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Supply Chain Performance,
Customer Experience,
ERP,
HCM,
Human Capital,
Office of Finance,
communications,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
Epicor,
Sage Software,
UI,
Unit4,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
FinancialForce,
HR,
Infor,
Workday,
Social,
Financial Performance Management,
FPM,
Plex
Ultimate Software is one of the larger players in the market for human capital management (HCM) software, with roots in providing human resources and payroll management products. Recently I attended its annual Connections conference. Last year the company focused attention on expansion of its global capabilities, which I analyzed, while this year it highlighted broadening and modernizing of the product suite.
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Topics:
Mobile,
HCM,
Office of Finance,
Recruiting,
Ultimate Software,
Business Collaboration,
Workforce Performance,
Compensation,
HRMS,
Talent Management,
HR Management
From my perspective, Infor’s strategy to accelerate revenue growth is to offer companies more innovation and a lower and more predictable cost of ownership than its rivals in the business software market; its products include the major categories of ERP, human resources and financial performance management. It aims to innovate by focusing on improving the user experience and to lower costs by redesigning its software architecture. The innovation stems from a fresh approach to designing...
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Sales Performance,
Supply Chain Performance,
Customer Experience,
ERP,
HCM,
Human Capital,
Office of Finance,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
Sage Software,
UI,
Unit4,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Management,
Workforce Performance,
CFO,
FinancialForce,
HR,
Infor,
Workday,
Financial Performance Management,
FPM,
Plex
Learning is an integral component of human capital management, and a new generation of learning management systems advances learning in organizations around the world. These systems have evolved over the years from a classroom scheduling tool that facilitated instructor-led and classroom training into an array of enterprise applications that deliver and track various types of training. Recently new technologies, such as business analytics, cloud computing, social collaboration, and mobile...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
LMS,
Learning Management,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
Workforce Performance,
HR,
Training,
benchmark,
HR research
Organizations should consider multiple aspects of deploying big data analytics. These include the type of analytics to be deployed, how the analytics will be deployed technologically and who must be involved both internally and externally to enable success. Our recent big data analytics benchmark research assesses each of these areas. How an organization views these deployment considerations may depend on the expected benefits of the big data analytics program and the particular business case...
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Social Media,
Supply Chain Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Operational Intelligence,
Workforce Performance,
Strata+Hadoop
Pressure to comply with requirements of the Affordable Care Act (ACA) is a looming challenge for most organizations today. Many go through numerous manual iterations such as running reports and compiling data into spreadsheets from benefits, payroll and HR systems to calculate whether their employees are eligible. As my colleague Stephan Millard explains in “Is Your Organization Technology Ready for the Affordable Care Act?”, the ACA applies to organizations with 50 or more full-time employees...
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Topics:
Equifax,
Human Capital Analytics,
Office of Finance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Workforce Performance
Anaplan, a provider of cloud-based business planning software for sales, operations, and finance and administration departments, recently implemented its new Winter ’14 Release for customers. This release builds on my colleagues analysis on their innovation in business modeling and planning in 2013. Anaplan’s primary objective is to give companies a workable alternative to spreadsheets for business planning. It is a field in which opportunity exists. Our benchmark research on this topic finds...
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Topics:
Big Data,
Performance Management,
Planning,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
Marketing,
Office of Finance,
Operations,
Reporting,
Budgeting,
Controller,
Operational Performance,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
In-memory,
Workforce Performance,
CFO,
Sales Planning,
Financial Performance Management,
financial reporting,
FPM,
Integrated Business Planning
In the past year Kronos announced a major release of its Workforce Central suite and more recently, made an announcement regarding a major investment that should help keep the company well capitalized. Kronos is one of the largest vendors of workforce management systems, providing time and attendance, labor scheduling, absence management, HR management, payroll and recruiting applications. In 2013 the company grew to almost US$1 billion in revenue, selling to companies around the globe and...
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Topics:
Mobile,
Social Media,
Governance,
HCM,
Kronos,
Office of Finance,
Technology Innovation Award,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
Workforce Performance,
compliance,
HR,
HRMS,
Risk & Compliance (GRC),
Value Index,
Workforce Management,
Social