Human Capital Management (HCM) systems are software solutions that streamline and optimize all aspects of an organization’s human resources management. From recruitment and training to payroll and performance evaluation, HCM technology is designed to simplify, automate and improve the efficiency of human capital operations. With an HCM system in place, organizations can gain more control over their HR processes and ensure that their employees are managed and compensated fairly. HCM systems also provide actionable insights into workforce related decisions, allowing employers to better understand the needs of their teams and optimize retention. Whether you have a global or localized HR department, HCM systems can dramatically improve HR performance across the board.