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Category: HR Technology

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Understanding the Difference: HCM vs. HRIS vs. HRMS

As a human resources professional, there are many challenges you expect to encounter. Technology, however, is not typically on the list of problems. There are…

Darkero11 September 3, 2021

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Understanding the Difference: HCM vs. HRIS vs. HRMS

Forum Description

As a human resources professional, there are many challenges you expect to encounter. Technology, however, is not typically on the list of problems. There are several different types of human resources software programs used throughout a variety of industries. Some of the most common types of technologies are human capital management (HCM), human resource information systems (HRIS), and human resource management systems (HRMS).

While the functions may be different, each of these technologies is meant to help you efficiently manage your workforce. If you are beginning your human resources career or perhaps have worked for smaller companies, you may not have had the opportunity to use these software programs. As companies grow, it can become more difficult to manage your day-to-day operations without using these technologies. To help you start to explore what’s available, we’ve created a quick guide.

hr technology

HCM

Human capital management (HCM) is defined by ADP as “the process of hiring the right people, managing workforces effectively, and optimizing productivity.” Essentially, HCM can be viewed as the core of human resources. HCM technologies are meant to increase the productivity of your team and the overall effectiveness of your workforce.

Benefits:

Able to track employee performance and productivity
Streamline the employee onboarding process
Ensure each employee is given the most appropriate responsibilities

Each of these benefits comes from HCM’s ability to track data and provide an in-depth view of the analytics while storing and distributing key information to employees.

Top technologies:

Oracle Fusion Cloud Human Capital Management
Sage People
SAP SuccessFactors
Vibe HCM
Workday Human Capital Management

For more options, check out this article on HCM software from People Managing People.

HRIS

The core function of human resources information systems (HRISs) is to make it easier to manage people, processes, and procedures. Its function is simple and straightforward but nonetheless important.

hr technology

ADP described HRIS as the following: “HRIS helps businesses use technology to enhance their people processes and make both HR and their organization as a whole more efficient. As a result, they may be better able to keep pace with evolving workplace trends.”

Benefits:

Increase effectiveness of recruiting efforts
Accommodate for unforeseen employee absences
Handle employee compensation operations
Streamline employee training and onboarding
Provide employee personal tracking and information hub

While the concept behind HRIS is simple, the benefits are wide-reaching.

Top technologies:

ADP Workforce Now
BambooHR
NaturalHR
Optimum HRIS
Rippling

For more options, check out this article on HRIS software from PeopleGoal.

HRMS

Last but not least, we have the human resources management system (HRMS). These systems are the ultimate human resources tool as most options do encompass all of the capabilities and benefits that come from HCM and HRIS technologies.

Additional benefits:

Payroll processing made easy
Time and Labor Management (TLM) capabilities

Any standard HRMS should have all of the following in addition to the benefits already mentioned for HCM and HRIS systems.

Top technologies:

Sapling
com
HR Cloud
Vairkko
PeopleBookHR

For more options, check out this article on HRMS software from People Managing People.

Regardless of the option you choose, these various technologies can help your team increase productivity and efficiency across the board. To learn more about these technologies, check out this article from SelectHub and continue to check in with BrandResumes’ HR Corner.

The post Understanding the Difference: HCM vs. HRIS vs. HRMS appeared first on BrandResumes | Professional Resume Writing and Career Advancement Service.

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