Human Capital Management
First things first. As a rule of thumb, any HR transformation, whether it is a digital one or not, has to take place with a clear objective in mind. It has to make business sense. An HR digital transformation is the implementation and use of technology to augment an HR department’s capabilities. The goal with an HR digital transformation may be multifold:
HR technology encompasses a wide range of complex business functions – payroll, time and attendance, benefits, talent acquisition, and more – served by software and other forms of technology in human resources. From enhancements in artificial intelligence (AI) to a new generation of employee self-service and continued learning tools, this technology in HR management allows professionals to take on a more strategic role within their organization
A variety of HR technologies are helping HR professionals manage their biggest challenges today, with other technologies soon to appear on the horizon. As a brief look into what’s happening in the world of HR technology.
Increasingly, employees want to own, access, and update their personnel information with an employee self-service (ESS) system, employees can perform a range of HR-related tasks without filing paperwork with HR.
Self-service technology may also allow leadership to communicate changes in health plan coverage, company holidays, and other time-sensitive information. It can also be useful in assisting employees who want to expand the range of their skills and knowledge
HR data analytics provides HR professionals with stronger, more accurate data collection and reporting — the type of information needed to make sound business decisions. Examples range from a business unit manager’s need for the latest information on time and attendance, so they can decide how to streamline the scheduling process, to a quick audit that helps an HR manager decide how to address a payroll-related problem.
HR is the processes to get the right people in the right job, processes to focus people on the right things, processes to give them feedback so they’re doing things in the right way and processes to do the first three in a way that gives people experiences, so they can develop new capabilities. SAP HCM be the solutions to these changes because of the following reasons