What is Human Capital Management Software?
Human Capital Management (HCM) Software is a subset of general human resources (HR) software that enables for the optimal use of available workforce.
HCM software allows for strategic planning of personnel and features attendance and time tracking. It can also include more traditional HR features like recruiting, onboarding, and payroll.
HCM tools typically different from general HR software through workforce analytics and data visualization to determine personnel requirements for the organization.