We know…you’ve probably searched “human capital management systems” a million times at this point. And there’s no shame in that as a quality HCM investment can save massive amounts of time and money as you continue to transform your organization to keep up with the rapid pace of business today.
The key to a truly transformative investment, however, is choosing an integrated HCM system. But how do you even define what an “integrated HCM system” is, to begin with? How do they work and how are they different from traditional legacy systems?
Other vendors will make it sound like integrated HCM systems are the biggest thing since wonderbread but in reality, integrated just means a system of disparate modules that are precariously glued together with application programming interfaces (APIs). If an API breaks, this can lead to missing data throughout the system, inefficiencies in processes, and unhappy employees.
That's why we're not talking about integrated HCM systems, we're talking about a single HCM system. Quality HCMs are built on a single line of code, which means when data is updated in one area of the system, it's updated across the entire system.
So stop looking for an integrated HCM system that only puts your organization at risk and start looking at HCM vendors that provide a true, single system.
Keep reading to learn more and get to the bottom of this ever-evolving issue.
Single HCM Systems in a nutshell
The holistic approach to understanding HCM in a digital-first world revolves around the combination of a variety of applications into one single source of truth. A single HCM system centralizes multiple functions such as HR management, benefits administration, recruiting, and payroll into a single location.
Consolidating workforce and business data into a central database enables more robust time-saving and data entry error-eliminating automations that update data as it flows from one system to another without manual intervention, giving stakeholders across your business an accurate, real-time snapshot of the entire workforce.
Additionally, rolling up all this information helps address new challenges and changes the moment they arise, not months later when business and team leaders are scrambling to find and update information after a major staffing change.
How these systems work
We certainly aren’t the first company to talk about why you should use a single HCM system. Unfortunately, a major detail left out in these discussions is what powers the engine of a successfully deployed HCM solution.
A single HCM system replaces previously manual, disparate workflows and processes with configurable automations for common administrative processes like:
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Updating new employee records
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Reconciling payroll discrepancies
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Enrolling employees in new-hire and ongoing training
Removing the burden of manual processes from your HR and line of business teams enables them to focus on higher-value activities critical for growth, revenue generation, and cultivating a culture of success and accountability across the organization.
Technically speaking, a single HCM tool is a cloud-based solution that can be deployed quickly and reliably with extensive configurations to meet virtually any business need. As hosted systems, these next-generation solutions are highly secure and compliant with a variety of industry and government data management standards required of today’s businesses. More importantly, they need virtually no maintenance or upkeep from your team, freeing them to focus on more important tasks while increasing productivity and efficiency.
What makes single HCM systems different from the rest
Traditional HCM systems silo data and operations — each task or function operates on its own — and require time-consuming manual processes just to address daily operations and close key functionality gaps.
They don’t integrate well with other departmental systems and lack visibility and transparency which is absolutely key in a world where digital transformation is the force majeure. Instead, cloud-native, single HCM systems eliminate the need for myriad standalone systems and streamline essential operations to dramatically improve efficiency, data veracity, and decision making at all levels of the organization.
One key differentiator for some single HCM systems is a position-based architecture that segregates information about a particular role or job from the information about the employee currently occupying that spot. Keeping this data separate — but still having the ability to combine it when convenient — helps to ensure that organizational charts don’t completely collapse when an employee leaves or changes roles and that they’re operating on real-time information essential for accurate and effective workforce planning.
Don’t wait for operational efficiency. Start now with SyncHR.
SyncHR offers agile, responsive, and efficient solutions for the modern people management teams that need to compete in an ever-evolving digital landscape. SyncHR operates on a single line of code, a cloud-based HCM solution built on an industry-leading position architecture that simplifies complex tasks while accelerating core processes and workflows. With greater agility, scalability, and more efficient tools easily accessible to authorized users, SyncHR can give organizations a strategic edge as they navigate the digitally transformed marketplace.
To learn more about how SyncHR’s single HCM solution can set your team up for success today and tomorrow, click here.
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