{"id":1264,"date":"2018-09-04T14:28:14","date_gmt":"2018-09-04T18:28:14","guid":{"rendered":"https:\/\/solutionsreview.com\/talent-management\/?p=1264"},"modified":"2019-07-05T11:24:24","modified_gmt":"2019-07-05T15:24:24","slug":"examining-the-2018-hcm-technology-value-matrix-from-nucleus-research","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/talent-management\/2018\/09\/04\/examining-the-2018-hcm-technology-value-matrix-from-nucleus-research\/","title":{"rendered":"Examining the 2018 HCM Technology Value Matrix from Nucleus Research"},"content":{"rendered":"

\"Examining<\/p>\n

Nucleus Research<\/a> is a respected, independent technology research firm focused on helping clients build the financially-focused business case for technology. Recently published, the Nucleus Research HCM Technology Value Matrix 2018<\/a> is a comprehensive evaluation of 17 Human Capital Management (HCM) solution providers and is aimed at helping those who have started their search for the right HCM tool.<\/p>\n

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\"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n

Mary E. Shacklett, president of Transworld Data, defines<\/a> HCM tech as software that handles everything from benefits administration and applicant tracking to retaining and rewarding top performers.\u00a0Traditionally considered an administrative aid for HR professionals, HCM software is now used by managers and employees throughout the enterprise.<\/p>\n

HCM systems facilitate scouting talent; recruiting employment candidates; managing employee payroll and benefits administration; overseeing the\u00a0performance review process; enabling employees to advance themselves and grow their skills through internal training and job opportunities; and facilitating collaboration among employees through social media tools.<\/p>\n

With the rising cost and complexity of managing one of the four pillars of every organization \u2013 its people \u2013 HCM vendors are accelerating their delivery of innovation, with cloud being a main driver. Each vendor included in the matrix report has been evaluated on product functionality and usability, and is plotted on a quadrant, similar to Gartner’s Magic Quadrant,<\/a>\u00a0labeled as a Facilitator, Leader, Core Provider <\/em>or Expert.<\/em><\/p>\n

According to the report, leaders have set themselves apart by focusing on functionality that moves beyond reporting to embedded prescriptive analytics and artificial intelligence (AI), while rounding out their suites with additions of succession planning, talent management, collaboration, and advanced compliance capabilities. Critical next steps for leaders are integrated collaboration across the suite, and real-time access to data for decision making from recruiting and onboarding to retention and separation.<\/p>\n

The 18 vendors evaluated in this year’s HCM Technology Value Matrix include: Ceridian, SumTotal Systems, Ultimate Software, Oracle, Infor, SAP SuccessFactors, Workday, Paycom, Ramco Systems, PeopleStrategy, SyncHR, Paycor, Kronos, ADP, Ascentis, Snag and Paychex.<\/em><\/p>\n

According to Shacklett,\u00a0HCM software vendors, over the past few years, have expanded and diversified their offerings in varying ways. Most vendors provide core HR functionality (payroll, benefits administration and employee records), talent management, and mobile and web-based engagement\/collaboration tools for HR, employees and managers.<\/p>\n

Download the\u00a0HCM Technology Value Matrix 2018 report from Nucleus Research.<\/a><\/span><\/p>\n

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Looking for more? Download our\u00a0<\/span>talent management buyers guide<\/a>\u00a0and check out the top-24 products available in the market with full page vendor profiles, key capabilities and questions to ask yourself and the vendor before purchasing a talent management solution. For those just starting the talent management software search process, this is truly the best resource to help get you going.<\/span><\/p>\n

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And don’t forget to follow us on\u00a0Twitter<\/a>,\u00a0LinkedIn\u00a0<\/a>and\u00a0Facebook\u00a0<\/a>for all the latest in Work Tech space!<\/em><\/p>\n

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\"Download<\/a><\/div>\n\t\t<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Nucleus Research is a respected, independent technology research firm focused on helping clients build the financially-focused business case for technology. Recently published, the Nucleus Research HCM Technology Value Matrix 2018 is a comprehensive evaluation of 17 Human Capital Management (HCM) solution providers and is aimed at helping those who have started their search for the […]<\/p>\n","protected":false},"author":34,"featured_media":1265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[287,141,100,62],"acf":[],"yoast_head":"\nExamining the 2018 HCM Technology Value Matrix from Nucleus Research<\/title>\n<meta name=\"description\" content=\"The Nucleus Research HCM Technology Value Matrix 2018 is a comprehensive evaluation of 17 HCM solution providers aimed at helping buyers find the right tool\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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