Glossary

HCM Software

HCM software, or human capital management software, is technology that helps employers manage payroll, HR, benefits, time, talent, and other workforce processes in one system or connected platform.

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HCM software, or human capital management software, is technology that helps employers manage payroll, HR, benefits, time, talent, and other workforce processes in one system or connected platform.

HCM software brings employee information and day-to-day HR processes together so teams do not have to manage everything across disconnected spreadsheets and systems. Features vary by platform but can include payroll, onboarding, time tracking, benefits administration, reporting, recruiting, and performance management. The goal is to make workforce administration easier for employers and employees.