The implications of this are staggering. Security, consistent policies, compliance, performance, analytics, and monitoring (to name a few) are each complex, expensive, and competitive issues for an increasing number of companies with apps spread across a dizzying combination of data centers, co-los, and public clouds.
Application capital is already the primary driver of differentiation and value creation for modern enterprises. Yet few are devoting the appropriate level of energy and resources to managing and monitoring their application portfolios.
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The effective management of this application capital is what will propel the next Amazon, Google, Microsoft, or Netflix. Not how many physical assets they deploy in their infrastructure, warehouses, or showrooms; nor even how many employees they amass. The real competitive differentiator will be found in their applications. Applications will drive the fastest growing revenue streams, creating significant shareholder value. Applications will drive community value as the most sustainable shared service. And most importantly, applications will attract the best talent, representing the most interesting and rewarding of work.
Cardinal Human Capital Management (HCM) is an integrated, statewide solution and system of record for human resources, health benefits, time management, and payroll administration. Cardinal brings improved efficiency, enhanced business processes, and better access to information.
Cardinal HCM training sessions are managed through the Cardinal training tool, Nest. Individuals must submit a Cardinal Training Request form to be able to register for a session(s). Upon receipt of the form, the Nest team will follow up with the training participant to provide additional information and instruction.
The Cardinal HCM application serves over 231,000 users in 226 state agencies and 363 localities. Nearly 36,000 users logged in the first week alone! Below are some stats to highlight the enormity of this accomplishment.
Today, human resources (HR) professionals are tasked with identifying, developing, managing, and retaining a talented workforce while also adhering to legal, regulatory, and compliance requirements. Human capital management (HCM) software can help HR professionals accomplish their objectives and improve HR processes across the entire business.
Workforce management. The workforce management module helps organizations record, understand, and plan the size of their workforces. Companies that use external workers, such as freelancers and consultants, should look for HCM software that provides workforce management features that enable managers to record details regarding those external workers.
Performance management. HCM tools can help companies streamline and automate performance management by enabling managers and their employees to work together on shared performance records that are then stored in one system. This module supports setting goals and tracking progress.
Compensation management. Organizations should be able to use their HCM tools to analyze and manipulate compensation information to ensure their compensation levels are fair and inclusive across the business. This can help companies plan future compensation.
There are dozens of human capital management systems on the market, so to help you begin your research, here are some of the top products, listed alphabetically, based on independent research and discussions with analysts.
Ceridian Dayforce HCM: Ceridian Dayforce HCM is an all-in-one cloud-based HCM that offers core HR, talent acquisition, talent management, workforce management, employee self-service, payroll, time and attendance, and employee benefits management. Ceridian Dayforce is available hosted in a private cloud or in a public cloud managed by Ceridian or a third party. It is targeted to a wide range of industries. However, because of its native administrative HR, payroll, and workforce management capabilities, Ceridian Dayforce is suited for organizations with large numbers of blue-collar workers and/or hourly paid workers. Pricing information is available on request.
Infor Global Human Resources: This cloud-based, mobile-enabled platform allows an organization to create a single resource record for all its core HCM business processes. Infor Global Human Resources offers such functionality as organizational planning, benefits enrollment, absence management, occupational health and safety, onboarding, offboarding, talent acquisition, talent management, compensation, and employee and manager self-service. The software provides a personnel system of record for employees and non-employees. Infor offers packaged functionality geared to large organizations in specific industries, including hospitality, the public sector, healthcare, and manufacturing. Pricing information is available on request.
Oracle Fusion Cloud Human Capital Management: Offered as part of Oracle Fusion Cloud Applications suite, Oracle Fusion Cloud HCM enables companies to plan, manage, and enhance global people processes with one common data source, ensuring information is accurate and current. It offers modules for global HR, workforce management, recruiting, talent management, time tracking, payroll, learning, and work-life solutions. Oracle Fusion Cloud HCM is available on the Oracle Cloud Platform, which runs as a public cloud utility. The HCM Cloud mobile app gives users secure access to their Oracle HCM Cloud applications from anywhere. Oracle Fusion HCM Cloud is intended for midsize and large organizations worldwide. Pricing information is available on request.
Paychex Flex: Paychex Flex is a modular, cloud-based HCM system that covers a number of areas, including core HR, payroll processing, benefits administration, time and attendance, performance management, new hire reporting, recruiting and screening, onboarding, employee self-service and compliance services. Geared to small to midsize businesses in a variety of industries, Paycheck Flex integrates with the general ledger and talent management analytics. The software allows HR administrators to customize dashboards and provides easy-to-understand analytics around hiring, benefits, labor costs, time and attendance, and changes in headcount. Paycheck Flex integrates with third-party systems for HR, finance, time and attendance, and benefits administration. The software is also available via the Paychex Flex Mobile App. Pricing information is available on request.
SAP SuccessFactors Human Experience Management (HXM) Suite: The next generation of SAP SuccessFactors HCM, the HXM suite of tools offers core HR, payroll, talent management, and analytics solutions. SAP HXM Suite helps organizations manage the end-to-end employee lifecycle from recruiting to onboarding, payroll, and performance management. The HXM suite supports 43 languages and more than 45 localizations. The software is deployed in the cloud and is available as software as a service. The HXM Suite is available on the SAP SuccessFactors Mobile app. Best for all-size companies in a variety of industries. Pricing information is available on request.
UKG Pro: UKG Pro is a cloud-based HCM suite that combines HR, payroll, and talent management into one solution to streamline people management processes. Hosted in the public cloud, UKG Pro offers all the features of a modern, unified HCM solution, including HR management, onboarding new hires, payroll management, leave and attendance management, employee self-service, HR reporting, and performance management. It also integrates out of the box with UKG Dimensions for advanced workforce management. Employees can use the UKG Pro mobile app to access upcoming events, schedules, pay details, as well as other HR and company information. UKG Pro is suited for midsize to large organizations. In addition to the U.S. and Canada, UKG Pro has more than 100 country localizations to enable multinational companies to better manage a global workforce. Pricing information is available on request.
UKG Ready: UKG Ready is a cloud-based, mobile-enabled human capital management and workforce management solution geared to small and midsize businesses. UKG Ready offers such features as HR management, HR reporting, recruiting, onboarding, payroll management, performance management, performance tracking, and employee self-service. Companies whose headquarters are in the U.S., Canada, Mexico, the U.K., France, the Netherlands, Belgium, New Zealand, and Australia can use UKG Ready to support their employees in more than 85 countries. UKG Ready is geared to small and midsize organizations. Pricing information is available on request.
The Master of Human Resource Management (MHRM) degree provides graduates the knowledge and skills they need to excel in a field that is vitally important to the operation and success of organizations of all types.
Whether you are planning on starting a career in HR or a seasoned professional seeking new insights, an in-house practitioner or external consultant, this program will benefit anyone with a professional interest in understanding the critical role human capital plays in organizations.
Students learn the latest human capital theories and proven, cutting-edge practices. Special topics include diversity and inclusion, change, leadership, and employee development. Drawing on the unique strengths of the GW School of Business, students learn from top professionals and researchers in applied topics such as team leadership, leadership development, and human performance management.
SHRM Academic Alignment Program participants are recognized as SHRM academic partners and, as such, are seen as a top choice for students seeking a career in Human Resources. Students enrolled in a SHRM academically aligned program are provided with the opportunity to earn their SHRM-CP credential prior to graduating, providing them with a competitive advantage in the job market. 152ee80cbc
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