Imagine how the third Monday in next January looks to leaders in the sales department. That’s the first day of the annual sales kickoff and the excitement level won’t get any higher. New products and services are in the works, lucrative customer contracts are up for renewal, alliance partners are in the house, and qualified opportunities are already flowing through your pipeline. The executive team is expecting big things from sales in the new year and has approved hiring additional people to...
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Topics:
Sales,
Sales Performance,
Human Capital,
Human Capital Management,
Mobile Technology,
CRO,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Financial Performance,
Operational Intelligence
The evolutionary pace of technologies that shape the design of ERP systems has been accelerating over the last couple of years. In addition to cloud computing there is the increasing availability of analytics and reporting integrated into transaction processing systems, which I have noted; support for mobile users; in-context collaboration; and more intuitive user interface (UI) design. Each of these features enhances productivity and the usefulness of ERP software in managing a business. The...
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Topics:
Human Capital Management,
Mobile Technology,
Customer Performance,
Business Collaboration,
Business Performance,
Financial Performance,
Uncategorized
Enterprise resource planning (ERP) is a software category that includes an array of business applications that includes human resources and finance. Workday is a vendor at the center of a new generation of ERP. My colleague Robert Kugel recently covered that company’s advances in finance using cloud computing to operate its platform. And I recently attended Workday’s technology analyst summit, where I got a deeper view of the technology under its applications and its efforts to perfect its...
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Topics:
HCM,
Human Capital Management,
Uncategorized,
HR,
Talent Management
Historically workforce management has been centered on tracking time and attendance, absences and leaves. Organizations view the time and attendance system as the top priority to integrate with the payroll system; in our payroll management benchmark research half (51%) of organizations called it very important. However, only one in five have integrated the two to streamline processes. So limited an administrative and operational focus does not contribute to improving worker productivity or...
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Topics:
Human Capital,
Human Capital Management,
Mobile Technology,
Wearable Computing,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
HR,
Risk & Compliance (GRC),
Workforce Management
Ventana Research defines a human resources management system (HRMS) as the set of applications and associated processes that store and manage the employee information used by an organization’s human resources department. New technologies make it possible for the HRMS to perform better and be easier to use by HR professionals and members of the workforce. The range of evolving technologies impacting the development of the HRMS include business analytics, big data, cloud computing, mobile...
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Topics:
Social Media,
Human Capital,
Human Capital Management,
Mobile Technology,
Operational Performance Management (OPM),
Business Collaboration,
Cloud Computing,
Business Performance Management (BPM),
HR,
HRMS
Ventana Research recently released the results of our Next-Generation Business Planning benchmark research. Business planning encompasses all of the forward-looking activities in which companies routinely engage. The research examined 11 of the most common types of enterprise planning: capital, demand, marketing, project, sales and operations, strategic, supply chain and workforce planning, as well as sales forecasting and corporate and IT budgeting. We also aggregated the results to draw...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Sales,
Sales Performance,
Social Media,
Supply Chain Performance,
Human Capital Management,
Marketing,
Office of Finance,
Reporting,
Budgeting,
Controller,
Customer Performance,
Operational Performance,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
In-memory,
Workforce Performance,
CFO,
Supply Chain,
capital spending,
demand management,
Financial Performance Management,
financial reporting,
FPM,
Integrated Business Planning,
S&OP
Maximizing the performance and value of people in the workforce should be a primary focus for any business these days. It is a complex task, especially for larger organizations, and chances for success can be increased by investment in human capital management (HCM) applications. In this competitive software market SAP is making a strong push, aided by acquisitions in the last three years of SuccessFactors for talent management and more recently Fieldglass for contingent labor management....
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Topics:
SAP,
HCM,
Human Capital Management,
Learning,
Performance,
Recruiting,
SuccessFactors,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
Compensation,
HRMS,
Vendor Management Systems,
Workforce Analytics,
Workforce Management,
Workforce Planning
Managing investments in people and their performance is critical to every organization. It also is complicated. To support the various aspects of human capital management (HCM), organizations often use a variety of technology including systems for human resource management, talent management, workforce management and payroll management. Often these separate systems use their own information and are not well connected to each other. Today they are deployed both on-premises and in cloud computing...
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Topics:
Supply Chain Performance,
HCM,
Human Capital,
Human Capital Management,
Operational Performance,
Business Performance,
Customer & Contact Center,
Financial Performance,
HRMS,
Talent Management,
Workforce Management
As organizations look to improve the competency and skills of their workers, learning management system (LMS) technology can help improve their efforts. Our latest benchmark research in next-generation learning management systems finds a range of progress in this regard. Our Performance Index analysis places organizations almost evenly between the two lowest (51%) and the two highest (49%) of four levels of performance. The results differ by size of company as measured by number of employees....
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Topics:
HCM,
Human Capital,
Human Capital Management,
LMS,
Learning Management,
Operational Performance,
Business Performance,
HR,
Talent Management