Benefits of Combining Payroll and HRIS Technology to Create a True HCM Platform

Many ERP partners have come to realize the overall value of combining HCM and ERP opportunities enhance the value proposition to their prospects or their existing clients.

By providing an integrated solution that touches every aspect of an organization it enables companies to manage their day-to-day business activities along with managing key personnel information that enables organizations to make strategic business decisions when necessary.

Human capital management solutions can set you apart from the competition

How is that possible?

  1. Many competitors will present ERP only while ignoring the Human Capital Management requirements that many prospects and clients have and need.
  2. Some competitors will not have a Human Capital Management solution or have the desired integration required to add the value that the client or prospect is looking for.
  3. It enables you to focus on their ERP requirements knowing that you have an integrated payroll and human resource solution to assist in adding overall value that keeps the focus on you and your offerings.
  4. Participate in larger opportunities when you have a human capital management solution that you offer in addition to your ERP solution.

human capital management

Human capital management system requirements

Human Capital Management system requirements will vary significantly from prospect-to-prospect and client-to-client based on several factors. Functions such as:

  • Benefits management
  • Applicant tracking
  • Payroll
  • Performance Management
  • Employee and Manager Self-Service
  • Workflow automation
  • Reporting
  • Time and Attendance

Some or all these functions will be required based on the company size, geography, employee population and current level of human capital automation.

Related: ERP partners are encouraged to read Adding Strategic Value to an ERP Software Sale by Including Payroll and Human Resources Solutions.

For further ERP related content, please read:

How Arcoro Can Help You Leverage More ERP Sales

No, An ERP System is not the Same as a Dedicated HCM Platform

Integrating Sage 100 & 300 ERP With the Arcoro HCM Platform

See a demo of how HR technology can help your construction business.

Related resources

In the construction industry, efficiency isn't just about what happens on the job site, it's equally important in back-office operations. For growing construction companies, managing HR and payroll processes across multiple locations can become increasingly complex without the right systems in place. When HR and ERP systems work in harmony, companies can focus more on building and less on administrative tasks.
May is Mental Health Awareness Month; a reminder that protecting your workers' mental health is just as important as safeguarding their physical well-being.
Time tracking isn’t just about tracking the hours your employees’ work, it’s about controlling your largest expense: labor. The construction industry is being simultaneously challenged with labor shortages, rising wages and economic uncertainty, making relying on paper time cards no longer sustainable.