What is an HRIS or HCM system and why do companies use it?

An HRIS or HCM system is software that manages employee information, from hiring and onboarding to time, pay, and performance. It is used to keep all people data in one place, reduce manual HR work, stay compliant, and give managers a clear view of their teams.

Typical modules include -

  1. Employee Records
  2. Organization Structure
  3. Recruiting
  4. Applicant Tracking
  5. Onboarding
  6. Time & Attendance
  7. Leave Management
  8. Payroll
  9. Benefits Administration
  10. Performance Management
  11. Learning

Top 10 global players

  1. Workday
  2. SAP SuccessFactors
  3. Oracle HCM Cloud
  4. ADP
  5. UKG
  6. Ceridian Dayforce
  7. Paycom
  8. Paylocity
  9. Microsoft Dynamics 365 HR
  10. Cornerstone OnDemand

Author

Himanshu Gupta

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