Glossary definition

What is HCM (human capital management) software?

HCM (human capital management) software is a technology application that can help employers manage and look after their employees.

It’s sometimes called an HRIS (human resources information system) or an HRMS (human resources management system).

HCM software usually supports a range of HR functions, from payroll and benefits administration to recruitment and performance management.

With a modular system, you can include whichever functions your organization needs.

HCM software records and stores data about employees in a database. Leading solutions offer advanced analytics, helping employers to gain insights into the best way to recruit and retain talented employees.

They also handle HR admin and give employees access to their own data and tools to, for example, request holiday using a mobile app.