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HCM Applications Overview
Human Capital Management (HCM) transforms the traditional administrative functions of human resources (HR) departments—recruiting, training, payroll, compensation, and performance management—into opportunities to drive engagement, productivity, and business value. HCM considers the workforce as more than just a cost of doing business; it is a core business asset whose value can be maximized through strategic investment and management—just like any other asset.
Human capital management (HCM) application services include services that advise, plan, design, build and implement strategies, processes and solutions for HCM or HR, as well as the operation and maintenance of such applications.