The Best Human Capital Management (HCM System) in UAE

Today’s workplace management became complex for HR professionals with the legal, regulatory and compliance requirements along with hiring, onboarding, retaining, enriching employee talent, etc. And there are different types of HR software that are specifically designed for various HR related tasks. The Human Capital Management (HCM System) like Horizon HRMS comes in to smoothen the daily HR tasks to manage talents of an employee and takes care from hiring until retention.


The HR system tools can be classified into multiple categories being Recruitment, onboarding, administrative, HCM system and more. The Horizon HRMS is an integrated HR tool with the extensive features of the HCM system in UAE. The functionality of the HCM system overlaps all the other individual HR systems features, and Horizon HRMS all best-in-class features of HCM system in UAE. 


The Horizon HRMS HCM System is fully optimised to empower HR professionals and streamline their day to day activities of managing and analysing data, and help them to efficiently organise HR processes across organisations.


HCM System in UAE


Let’s deep dive to understand better:

HCM System in UAE - Horizon HRMS

Human Capital Management System (HCM System) is a software solution that allows HR managers or people managers to strategically manage the entire life cycle of an employee from recruitment, onboarding to final retirement. The HCM System in UAE like Horizon HRMS is specially designed in compliance with the UAE labour law.


Horizon HRMS takes care of:

  • Workforce data management
  • Timesheet and attendance tracking
  • Employee leave management
  • Payroll processing
  • Employee Self-service
  • Final settlement with gratuity calculation

Functions of Horizon HCM System

The HCM System commonly includes recruitment, onboarding, employee training, performance monitor, etc. The best Horizon HCM System in UAE seamlessly integrates with other HR tasks like payroll processing, time and attendance tracking, financial accounting and more. The integrated time and attendance with HCM system accumulates the earning and deduction calculation while processing payroll, and improves accuracy. With all the features of HRIS and HRMS offered within a single HCM system - Horizon HRMS makes it more efficient and robust.


HCM System Vs HRM

The term HCM (Human Capital Management) and HRM (Human Resource Management) are often interchangeably used as both are tracking organisation resources. However, there are differences. HRM system helps in managing day to day HR tasks, and HCM System takes it to a next level by taking care of the strategy that drives managing the workforce including organisational plan, change management, employee engagement and more.


Key benefits of HCM System

HCM software helps to bring in employees into the organisation, empowers employees and strengthens their role in the company.

  • Improves employee engagement

  • Analyse efficiency of an employee and track goals.

  • Increase employee’s skills, learning & development

  • Boosts overall organisation’s productivity.

Key benefits of HCM System


Investing in the best HCM system in the UAE like Horizon HRMS increases productivity. The system helps you to standardise workforce management in a better way.


If you want to know more, you can visit Horizon HRMS - HCM System page or write to us at sales@fit.ae. You can always reach us at +971 4 353 3727, we are happy to assist you with your HR software needs.

Comments

Post a Comment

Popular posts from this blog

Three Ways to Get More Out of Your Current ERP System

Image
How can a company realize a larger return on investment and business benefits from their investments in their ERP software? This is a topic that most companies enjoy discussing about. Here are three key points: 1. Understand and leverage the functionality you already have.  Many ERP vendors offer a wide array of core functionality, advanced modules, and third-party applications to address the needs of their customer base. So much so, in fact, that many customers don’t fully understand the full breadth of what is right in front of them.  One key lesson for companies is that many broken business processes or perceived weaknesses in the system are often easily addressed by better leveraging functionality that already exists but isn’t necessarily being used by the organization. This can be a more cost effective solution than ripping out and replacing your incumbent ERP software package. 2. It’s never too early or too late to develop your business blueprint.  It’s amazing
Read more

TOP 15 BENEFITS OF IMPLEMENTING ERP SOFTWARE

Image
There are many advantages to implementing an Enterprise Resource Planning (ERP) software solution. Among countless other advantages, implementing  ERP software  can improve productivity, increase efficiencies, decrease costs and streamline processes. Let’s look at 15 of the most common benefits of an ERP system that companies have reported after implementation. ERP implementation is broken up into three phases: discovery, implementation, and results. In the initial phase, we install the software, build a prototype, and train your staff. Then we test the ERP system, create reporting templates, and run more targeted training sessions. Finally, we finalize the model of your ERP system, conduct readiness assessments, and go live. Workwise provides expert level software implementation, which is the process of placing sub-systems into your main ERP system and ensuring that they all are able to function together as one seamless system. Taking knowledge based approach to ERP impleme
Read more

Understanding the Difference Between ERP Systems and Accounting Software

Image
In the dynamic landscape of business management, having the right tools at your disposal is crucial for success. Among these tools, Enterprise Resource Planning (ERP) systems and accounting software play pivotal roles. While these terms are often used interchangeably, they serve distinct purposes in helping businesses manage their operations and finances effectively. In this blog, we will delve into the definitions of ERP systems and accounting software, explore their key differences, and discuss the benefits they offer to businesses.   Defining Accounting Software: Accounting software serves as a fundamental tool for managing financial transactions and generating essential financial reports. It encompasses various functions such as bookkeeping, invoicing, payroll management, accounts payable and receivable, and cash flow management. Advanced accounting solutions also offer features for tax compliance, budgeting, forecasting, auditing, and financial analysis. By automating financial pr
Read more