Tuesday, July 26, 2016

The Power of a Single-Platform HCM System

HCM, Human Capital Management, HR, Human Resources, Applicant Tracking, Single Platform, HR Actions, Mosaic, Mosaic Employer Solutions

Organizations are quickly moving away from disparate workforce management systems that attempt to share data through integrations that are slow and unreliable.  The best Human Capital Management systems are those that house Human Resources Information Systems, Payroll, and Time and Labor Management functionality on a single-platform with a single database and a single user interface.  Integration between disparate systems is not only inefficient, it is becoming impractical in today's complex employment environment.  A single-platform HCM system is now the industry standard for managing your workforce.  

Benefits of a single-platform HCM solution:  
  • Electronic Forms - Deploy your forms and allow employees to complete and sign them electronically.  Schedule forms for completion and the system will manage employee compliance.  Save the forms in the system for easy retrieval from any functional area of the platform.  
  • HR Actions - Automate process and activities so that the software guides employees through the process.  Automatically update payroll when HR actions change benefits or payroll information.  
  • Workflows - Processes that require the involvement of multiple people, including approvals, can be automatically directed by the software using the workflows that match your requirements.  Workflows can be implemented for electronic forms, HR actions, applicant tracking, employee onboarding, and other processes you want to automate.  
  • Applicant Tracking - Candidates can view your job openings and apply directly through your platform and track their progress to hire.  When an applicant is hired, you can automatically make the applicant an employee without migrating, or worse, manually entering employee data captured during the application process.
  • Onboarding - When an applicant is hired, the employee can review and electronically sign forms directly within the system and be immediately activated as a hired employee.  Tasks can be assigned to other employees to provision the new hire's work environment.  
  • Performance Management - Manage your employee review process natively within the system.  
  • Other areas of an all-encompassing HCM platform:  
    • Training and Certification Tracking
    • Asset Management
    • Online Benefits Enrollment and EDI Carrier Feeds
    • Workers Compensation Tracking
    • FMLA
    • Turnover, Job History, and Position Management
    • Skills, Education, and Credentials Tracking
    • Compensation Management

Single-platform HCM systems are imperative to comply and thrive in an employment landscape that is increasingly complex.  To learn more and to see how Mosaic's Workforce One platform can help, visit www.mosaices.com or talk with an expert at (303) 645-4270.  

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