'HCM (human capital management) solutions in the cloud are supporting a wide spectrum of services that are revolutionizing the workplace for employers and their employees,' observes Tarik Taman, general manager of Infor HCM in a Sept. 9 guest post on Diginomica.com titled '8 Money-Saving Benefits Of Cloud HCM Solutions'.
'Corporate financial statements are actually seeing the results of decreased pressures on IT, increased efficiencies, better employee selection, and labor-saving self-service opportunities, among other benefits,' he continues.
Then he details 'the top 8 benefits companies are realizing from cloud HCM solutions':
1. Greater employee engagement and satisfaction.
2. Increased independence from on-site networks and devices.
3. Automatic upgrades.
4. Transformation to strategic workforce analytics.
5. Highly developed measures for securing sensitive HR data.
6. Built-in integration with other solutions.
7. Global support.
8. Tools to simplify the HR function.