The Process and the Benefits of integrating Payroll
Adopting better-integrated technologies, and systems have become essential for organizations to thrive in the ever-changing business environment. Additionally, understanding the need to simplify Human Resource (HR) processes with better technology and payroll solutions can help make the processes more efficient.
Though there is an option to manually manage all the HR activities, using a payroll software with HCM integrations can help immensely. This makes it essential to understand the process and the benefits of the payroll integrations with HCM for an organization. But before that, let us have a quick look at what HCM involves.
Human Capital Management (HCM)
Human Capital Management entails multiple processes and tasks, starting with talent acquisition, employee remuneration, employee engagement etc. and ending with employee separation. Involving standardized reporting and scheduling with the payroll software helps the HR department better manage the employees and their expectations.
Source: https://www.ramco.com/blog/pay....roll/the-process-and