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2023-11-20T11:47:00Z

Cloud HCM - Tech Leaders

RA
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Published:Nov 20, 2023
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GP
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2023-11-22T11:55:43Z
Nov 22, 2023
Find out what your peers are saying about SAP, Workday, Oracle and others in Cloud HCM. Updated: November 2024.
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Ariel Lindenfeld - PeerSpot reviewer
Nov 3, 2024
Nov 3, 2024
Cloud HCM is essential for organizations striving for efficient human capital management. Important aspects to consider include: Scalability Cost-effectiveness Real-time data access Enhanced security Seamless integration capabilities Importance of Cloud HCM lies in its ability to streamline HR processes, reducing administrative burdens and allowing companies to focus on strategic initiatives. C...
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RA
Nov 3, 2024
Cloud HCM is essential for organizations striving for efficient human capital management. Important aspects to consider include: Scalability Cost-effectiveness Real-time data access Enhanced security Seamless integration capabilities Importance of Cloud HCM lies in its ability to streamline HR processes, reducing administrative burdens and allowing companies to focus on strategic initiatives. Cloud-based solutions offer scalability, enabling businesses to adapt quickly to changing workforce needs without the limitations of on-premises systems. Organizations also benefit from a predictable cost structure, which can lead to significant savings by eliminating the need for physical infrastructure and maintenance.Real-time data access provided by Cloud HCM ensures immediate availability of critical information, aiding in efficient decision-making. Enhanced security measures protect sensitive employee data, while constant updates and compliance with industry standards add an extra layer of protection. Integration capabilities allow Cloud HCM systems to connect seamlessly with other enterprise applications, creating a unified and efficient ecosystem for managing various HR tasks, from recruitment to payroll and performance management. This importance cannot be understated as it directly impacts the ability to manage human resources efficiently.
KS
Aug 10, 2023
Aug 10, 2023
If you just want HRMS/HCM then would go with a company that specializes in Payroll, HR features. There are limited touch points that might need to work with your ERP, such as GL account codes and posting to GL after each payroll commit. Most of that can be handled today through basic integrations or prebuilt connectors. When we evaluated the payroll and personnel management systems, we first lo...
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Thomas Noorkah - PeerSpot reviewer
Aug 10, 2023
If you just want HRMS/HCM then would go with a company that specializes in Payroll, HR features. There are limited touch points that might need to work with your ERP, such as GL account codes and posting to GL after each payroll commit. Most of that can be handled today through basic integrations or prebuilt connectors. When we evaluated the payroll and personnel management systems, we first looked to our ERP, but it would have taken several 3rd party integrations to make a complete solution. For example, we needed Time and Attendance - our ERP and other providers relied on you getting another system such as Kronos for managing this. Noting that our ERP was limited, we did an RFP for an actual HCM, and evaluated solutions. Finalists were Workday and Ceridian Dayforce which offered more expertise in that arena. We went with Dayforce because it offered all that you listed and more - it had integrated time and attendance, managed services for tax filing and garnishments. We were able to implement time and attendance in Dayforce and get rid of 3 different timekeeping systems. So even though we went with a sperate HCM, we achieved some system consolidation. With Dayforce, we can see on timesheets and pay calculations within 5 minutes of clocking in via mobile, ESS, or physical time clocks. The pay and entitlements policies (rules engine) are able to handle 12 bargaining units, which include 6 different union agreements. Continuous calculation allows us to manage our time and payroll over the course of Pay period and smooth out the work, versus a mad dash the Monday and Tuesday of payday.
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