How to evaluate HCM systems
Your payroll and human resource operations cross every functional area in your company and are used by every employee. That’s why it’s important to find a human capital management (HCM) system that can connect people and workflows in meaningful ways. The right solution will support your daily operations, enable strategic growth and improve employee engagement.
Tip 1: Start with the future in mind.
Before you look at HCM system features, take the time to define what you want to accomplish, change and improve so you can identify vendors that best meet both current and future needs.
Tip 2: Ensure compliance.
Look for an HCM system that can keep pace with the rapidly changing regulatory and statutory requirements at the global, national, state and local levels.
Tip 3: Prioritize security and privacy.
Know exactly how your organization’s data will be stored, transferred and backed up and how an HCM system would handle fraud and crisis management.
To see more, download our 10 Tips for HCM Vendor Evaluation.