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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Anaplan joins Workday Solution Partner Program

Anaplan, a cloud-based company, announced that it has joined the Workday Solution Partner Program. Workday is a provider of enterprise cloud applications for human resources and finance. Anaplan will provide Workday Financial Management and Workday Human Capital Management (HCM) customers with enhanced modeling capabilities combined with budgeting and planning intelligence.

Read more at: http://www.marketwatch.com/story/anaplan-joins-workday-solution-partner-program-to-offer-customers-enhanced-budgeting-planning-and-modeling-capabilities-2014-05-12

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Human capital: Are you a stock or a bond in life?

Michael Kitces, a partner and the director of research for Pinnacle Advisory Group, conveys in his article that how we can compare human capital with stock and bond in life.

To read more, visit the following link: http://finance.yahoo.com/news/human-capital-stock-bond-life-110000357.html

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ADP Ranked #24 on the 2014 DiversityInc Top 50 Companies for Diversity

ADP, a global provider of Human Capital Management (HCM) solutions, announced that it has been ranked 24th on The 2014 DiversityInc Top 50 Companies for Diversity list. The DiversityInc Top 50 Companies for Diversity list began in 2001 and also includes companies from a wide range of industries.  ADP also made the DiversityInc Top 10 Companies for Veterans.

To read more, visit the following link:http://www.marketwatch.com/story/adp-ranked-24-on-the-2014-diversityinc-top-50-companies-for-diversity-2014-04-23?reflink=MW_news_stmp

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Human Capital Management firm SyncHR announces new software release

SyncHR, an innovator for cloud-based human resource, payroll and benefit management software, announced an upgraded version of their software- release 5.2. The latest release have an improved reporting and analytics platform. The company also launched a new corporate website to showcase their unique single database and single application technology.

To read more, visit the following link: http://www.prnewswire.com/news-releases/human-capital-management-firm-synchr-announces-new-software-release-and-launch-of-new-website-256601391.html

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ECI's enhanced onboarding solution improves new hire efficiencies

Electronic Commerce, Inc. (ECI), a provider of web-based Human Capital Management (HCM) applications, upgraded their software,Empower Onboarding Solution. Onboarding software makes the process more user-friendly and efficient for the new hire and the HR manager. It decreases the time taken for a new employee to become a fully productive, well-adjusted team member and reduces the costs associated with manual and paper processes.

To read more, visit the following link: http://www.digitaljournal.com/pr/1883047#ixzz30QwHqucB 

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Technology revolution in Human Capital Management

In an article by Anuradha Divakaran, ‎marketing executive at Harbinger Knowledge Products, we get some insights about how technology has radically transformed the way of human capital management. The inundation of technologies like cloud, mobile, social media, big data and analytics in various HR processes has streamlined and automated workforce acquisition and management. Analysis of crucial data on employee remuneration, performance, learning and development helps organizations to draw a connection between employee efforts and business success to enhance performance management.

To read more, visit the following link:http://blog.harbinger-systems.com/2014/05/technology-revolution-in-human-capital-management/

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WORKTERRA partners with Premier Consulting Associates, LLC

WORKTERRA (provider of Human Capital Management software solutions) partners with Premier Consulting Associates LLC, to deliver their clients best of online benefits enrollment and private exchange platforms. WORKTERRA BenAdmin and WORKTERRA Exchange has been designed to incorporate many benefits into a single mobile accessible application.

Read more about this aspect, visit the following link: http://www.digitaljournal.com/pr/1894225

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Infor enhances key Human Capital Management applications

Infor, a provider of business application software, released two cloud based applications: Infor HR Knowledgebase and Infor HR Case Management.  These applications are designed to support shared services organizations with advanced human capital management (HCM) capabilities. Infor HR Knowledgebase 10.2 supports enhanced knowledge base portal analytics and reports. Infor HR Case Management 5.2 helps HR service representatives manage and track employee inquiries, offers users configuration of agent, manager, and administrator role-based dashboards and ad hoc email communications from agent case.

To read more, visit the following link:http://www.marketwatch.com/story/infor-enhances-key-human-capital-management-applications-2014-05-05

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PeopleFluent helps organizations to address changing workforce balance with Vendor Management System

PeopleFluent, a social human capital management technology company, unveiled its vision for contingent workforce management with the announcement of the Vendor Management System (VMS) Mirror.  VMS Mirror is a single platform for education, information and action. It gives organizations an engaging one-stop-shop to manage vendors and the contingent workforce.

To read more, visit the following link: http: http://www.broadwayworld.com/bwwgeeks/article/PeopleFluent-Helps-Organizations-Address-Changing-Workforce-Balance-with-the-Vendor-Management-System-Mirror-20140502#

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Performance management: fresh thinking

A recent research by Deloitte Consulting revealed that a strong majority of respondents are rethinking their approach towards performance management. From this research, Deloitte also found that organizations need to shift from annual performance evolution towards continuous improvement of performance. 

To read more, visit the following link: http://www.hrreporter.com/blog/Compensation-Rewards/archive/2014/04/15/fresh-thinking-needed-to-fix-performance-management

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ADP announces enhancements to HCM platform to help midsized companies improve business performance

ADP, a global provider of human capital management (HCM) solutions, had announced a new enhancement to its "ADP Workforce Now" for midsized employers. This ADP Workforce Now platform will help midsized companies to improve their business performance and gain a competitive edge by creating a pay-for-performance, simplifying regulatory compliance and leveraging analytics to inform business decisions.

Read more at: http://www.sys-con.com/node/3066746

 

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Human Capital Management firm SyncHR announces new software release

SyncHR, an innovator for cloud-based human resource, payroll and benefit management software, announced an upgraded version of their software- release 5.2. The latest release have an improved reporting and analytics platform. The company also launched a new corporate website to showcase their unique single database and single application technology.

To read more, visit the following link: http://www.prnewswire.com/news-releases/human-capital-management-firm-synchr-announces-new-software-release-and-launch-of-new-website-256601391.html

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Workday: Growth continues with ERP as the SaaS application market is booming

Nowadays software industry around the world is focused on the cloud. Workday Inc. is a human capital management and financial management software firm that joined the cloud bandwagon recently. HCM which falls in the domain of ERP solutions is becoming more and more acceptable ever since ERP solutions are available over cloud. The global SaaS-based ERP software market will grow at CAGR of 14.21% from 2011 to 2105. The major factor for this ERP growth as SaaS model is due to the lower cost of ownership.

Read more about this aspect, visit the following link: http://www.gurufocus.com/news/255442/workday-growth-continues-with-erp-as-the-saas-application-market-is-booming 

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Recent comment in this post
Nitin Sinha
Hi Maitree - i want to undergo a handson training in workday , Can you suggest a vendor in kolkata
Thursday, 17 July 2014 12:15
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Ignoring human capital is beyond foolish

In his recent article on human capital management, Leanne Hoagland-Smith, proprietor of ADVANCED SYSTEMS, speaks about how to handle the most expensive asset of a company-Human Capital.  Human capital management emphasizes in recruitment, managing the work force and developing workforce skills. Sustainability is the issue in today's dynamic business world. An efficient human capital management can transform a small business to achieve a foothold in a bigger sphere of operations.

To read more, visit the following link: http://posttrib.suntimes.com/news/hoaglandsmith/26937937-452/ignoring-human-capital-is-beyond-foolish.html#.U1SVMFWSyZY

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Career Management Solutions Leader RiseSmart Wins 2014 Leadership 500 Excellence Award

RiseSmart, an enterprise career management solutions that drive employee engagement, won the 2014 Leadership 500 Excellence Awards program. The 2014 Leadership 500 Excellence Award is given by Leadership Excellence, a publication in partnership with HR.com, to recognize the top 500 leadership organizations and also their strategies and solutions. This year award recipients were selected based on both an application and nomination process as well as voting.

To read more, visit the following link:http://www.digitaljournal.com/pr/1852993

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Nucleus Research Value Matrix Finds Competition Intensifying for Human Capital Management Vendors

Nucleus Research, a global provider of investigative and case-based technology researcher, finds in a study that leading vendors are giving importance to core Human Resources (HR), talent management and workforce management (WFM) functions and putting them onto a single platform. In this study Nucleus Research also finds that vendors are linking HCM with Big Data analytics and business intelligence (BI) to integrate functionality across the core competencies of HCM. To make data more accessible, they are integrating their data sets to compile analytics into common dashboards.

To know more, follow the following link: http://www.broadwayworld.com/bwwgeeks/article/Nucleus-Research-Value-Matrix-Finds-Competition-Intensifying-for-Human-Capital-Management-Vendors-as-they-Race-to-Deliver-Integrated-End-to-End-HCM-Platforms-20140410#.U0pYYFWSyZY 

 

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Human Capital Management drivers

Human Capital Management help companies  to organize their human resource and improve employee productivity. Human capital management tries best to utilize the knowledge and skills of an employee. Human capital management drivers act as an important tool for effective human resource management.  Human capital management drivers fall into five major categories, which are: leadership practices, employee engagement, knowledge accessibility, workforce optimization, learning capacity.

Read more to know about Human capital management drivers: http://managementstudyguide.com/human-capital-management-drivers.htm

 

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Improving customer satisfaction with HCM solutions

A successful human capital management plays a significant role in achieving organizational goals. Nowadays, information technology plays an important role in human resource management, evolving from the automation of repetitive tasks such as payroll, to bottom-line driven processes aimed at aligning human capital with corporate strategy. Human capital management (HCM) software solutions offer a framework to manage the abilities, skills and experience of employees. Studies have shown that human capital management (HCM) practices explain over 50 percent of job satisfaction levels. Ultimately, the effects of HCM solution will extend beyond job satisfaction to customer satisfaction and revenue.

Read more to know the factors and elements of a high performing HCM system, at http://www.cmicglobal.com/human-capital-management.html

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How to choose the right Professional Employer Organization for your company

Before choosing a Professional Employer Organization (PEO), it is very important to know what we want from a PEO. PEOs vary widely, in their size, focuses, and concentrations.  A PEO that works fine for one company may not be suitable for another.

Read more about what to consider when choosing the right PEO, at http://www.nextep.com/peo-goals/

 

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Analytics : A boon for HR

In an article in The Hindu BusinessLine by Mr. C Mahalingam, executive coach and HR advisor, we come to know how HR analytics can help different organizations to maximize their return on human capital investments.

For More Information Please Visit: 

http://www.thehindubusinessline.com/features/newmanager/the-analytics-boost-for-hr/article5322321.ece
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