HCM has evolved into a catchall concept that captures the core HR concept, so there can exist a range of functionality when you hear the term HCM system. The software typically provides core HR tools — such as payroll, employee records, and benefits administration — to make basic HR processes run more efficiently. An HCM software system also can help improve a company’s competitive edge by cultivating employees’ skills and fostering companywide collaboration. These talent-managemente functions of HCM software go beyond core HR to help companies identify, attract and retain top talent and cultivate their employees’ full potential through internal trainings and skill building, collaboration, performance management, and succession planning.

BGP helps HR executives with finding the best employees, keeping them happy and simply getting them paid with a lot of strategic technology decisions to make.

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