To an enterprise, the concept of modern day human resource management (HRM) is not nascent. Even as early as the 70s, ingenious methodologies were in place to tackle some of the more rudimentary aspects of HR like payroll, attendance and workforce management. The path to digitalization then, albeit slow, was steady and inevitable, leading HRM to what it is today—a multi-billion dollar practice, enabling improvement in traditional processes and enhancing planned decision making, to cater to employers’ unique strategic objectives.
Already a core-industry adoption, the HR management software market is forecast to reach $9.2 billion by 2020—the companies that seek to jump on its bandwagon aim to optimize existing best practices. Touch points today have evolved to address challenges in areas of administration, performance management, recruitment, learning management and employee engagement to name a few. To say that the technology has caught up is an understatement in itself. The future in HRMS looks to do away with manual processes altogether, with objectives to reinvent capacity, boost efficiency, employ more personalized and candidate-centric recruiting, streamline interfaces, and automate processes which are currently performed manually.
The purview for consideration is plain and HR Tech Outlook is elated to present the “Top 10 HRMS Solution Providers 2017”, to symptomatically isolate and target the unique disruptions in the human resource management landscape.