The entrepreneur world as we know it today is a highly competitive talent pool. Organizations who want to take the maximum advantage of this talent capital are beginning to invest heavily in HCM technologies, especially in this pandemic hit era where managing a remote workforce becomes the need of the hour. Modern technologies such as Artificial intelligence, Machine learning, Robotics, Chatbots are transforming the global HR scenario Drastically. Recruitment and Performance analytics is two key areas that benefited from this technological advancement. with the help of technologies like ai you could easily automate a complex process like background verification of potential candidates. Modern-day analytical tools help HR leaders to analyze and monitor the performance of employees in real-time.
A recent study carried out by fobs states that the global HCM industry will reach $30 Billion by 2025. Many solution providers are taking this opportunity to provide an innovative solution that will make the jobs of HR leaders easy and effective. These solutions provide a platform to connect with potential employees, seamlessly integrated recruitment solutions, automation for repeated administrative works such as payroll and attendance, to name a few.HR professionals are now in the market, looking for reliable solutions to improve HRM for their organizations. But is not easy to find the right solutions for the organization as thousands of solutions are there in the market including few con ones.
Our editorial team at Enterprise Viewpoint has audited thousands of such solution providers across the US and around the world and compiled this list of โ20 Innovative HCM solution providersโ with help of our advising panel including CIO, CTOs, Pundits to help HR professionals make informed decisions here we present them.
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