Human capital management (HCM) is crucial for business success as workforce trends and laws add more complexity to recruitment, legislative compliance, retention, and employee management. In today’s workstations, workforce management’s success needs that HR managers act proactively rather than reactively. Human capital management helps them to do so by bringing HR functions together in one accessible place, such as an HCM software suite. The HCM software is also referred to as a human resource management system (HRMS) or human resource information system (HRIS).This growth is primarily driven by Rising Need for Simplified Management of Geographically Spread Workforce and Increasing Demand for Mobile HCM Applications.
This intelligence report provides a comprehensive analysis of the Global HCM Software Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It’s a 360-degree overview of the global market’s competitive landscape. The report further predicts the size and valuation of the global market during the forecast period. Some of the key players profiled in the study are Oracle Corporation (United States), SAP SE (Germany), International Business Machines Corporation (United States), NetSuite Inc. (United States), Workday, Inc. (United States), Zoho Corporation (India), Ultimate Software Group, Inc. (United States), Cornerstone OnDemand (United States), CakeHR (United Kingdom) and Benefitfocus Inc. (United States)