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Human Capital Management (HCM)

Definition

Software systems that manage the entire employee lifecycle from recruitment and onboarding to payroll, performance, and offboarding.

Overview

Human Capital Management (HCM) systems provide comprehensive workforce management capabilities. HCM platforms like Workday, SAP SuccessFactors, and Oracle HCM handle recruiting, onboarding, payroll, benefits, performance management, and workforce planning. HCM integration is essential for automating employee lifecycle processes and ensuring consistent data across HR and business systems.

Why It Matters

Disconnected HCM systems cause new hires to wait days for system access, payroll errors that erode employee trust, and compliance gaps in offboarding. These failures directly impact workforce productivity, retention, and regulatory exposure.

How New Odyssey Helps

New Odyssey connects HCM platforms with IT provisioning, payroll, and compliance systems to automate the entire employee lifecycle—from offer acceptance to offboarding—in a 6-week implementation.

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