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Human Capital Management (HCM) Explained In 7 Steps

According to webopedia.comHuman Capital Management (HCM) software is a digital repository of human resources applications pertaining to employees and applicants. HCM software brings all company paperwork and forms into a centralized platform, usually cloud-based, so that HR personnel can access employee data and manage job candidates. HCM software, like other HR platforms, typically includes employee management, talent acquisition, and limited employee self-service features”.

Essentially, Human Capital Management (HCM) is an all-encompassing application that helps organizations eradicate paper-based systems. Today’s modern HCM solutions, like ATSTimeWorkOnDemand encompasses; Time and Attendance, Machine Learning and Workforce Planning and, many of the above- mentioned modules of a human capital management solution.

Here are 7 benefits of a human capital management (HCM) solution by Mary Girsch-Bock in a recent article for CPA Practice Advisor:

  1. “Time and attendance: To pay employees properly, you’ll need a system that employees will quickly adapt to that will track time worked properly.
  2. Payroll: Of course payroll plays an important role in HCM. Paying employees correctly and on time is part of a good management strategy.
  3. Talent management: If you have hundreds or thousands of employees to manage, it’s easy to overlook some of them. Using talent management resources can help to retain your good employees while also pinpointing those that may need some additional assistance.
  4. Training: Training and talent management go together. To be successful, employees need to be properly trained. Human capital management makes it easy to manage all levels of employee training from initial orientation to management training.
  5. Benefits: If you offer benefits to your employees, you need a way to manage them properly. HCM makes it simple to offer the benefits that your employees desire, and once offered, makes it simple to manage them properly.
  6. Reporting: Is your business doing a good job managing its employees? The best way to find out is to have access to various reports and analytics that can point out successes as well as areas that may need more attention.
  7. Compliance: Much of HR and payroll requires some level of compliance. Using an automated system where all employee-related tasks are centralized can help keep your firm or business compliant”.

To learn about ATS Human Capital Management (HCM) or to attend one of our bi-weekly webinars, go to our website. And, to reach an account executive by phone, call: 866.294.2467.

About ATS

ATS offers a broad portfolio of time and attendance solutions that streamlines the collection, calculation, and reporting of employee hours for workforce management and eliminates the manual tasks of payroll preparation, increasing efficiency and reducing errors in corporate payroll departments.

Thousands of organizations across North, Central and South America and Europe- including more than half of the Fortune 500 – use ATS TimeWork OnDemand, Workforce Planning, Employee Scheduling HR and payroll solutions to manage their workforce. ATS cloud services offer rapid deployment, support services, software updates, and enhancements; and consulting and training services.

Manufacturing companies have been using analytics on data for various purposes: Budgeting and forecasting, data capture, employee scheduling, product quality, and so on. In the past, companies have generated and stored data in on-premise expensive data centers. And, in the past, the ability to perform analytics have been limited to manual spreadsheets, which are inefficient and costly. ATSTimeWorkOnDemand provides end-to-end solution, that allows manufacturing companies to harness all the data that they generate to improve operational efficiency, streamline business processes, and uncover valuable insights that drive profits and growth.

ATSTimeWorkOnDemand enables the manufacturing industry with smart solutions that includes:

Cloud-Native and Artificial Intelligence: ATSTimeWorkOnDemand delivers the latest innovations, while empowering your workforce and equipping them with the skills and tools to safely keep up with the new complexities and speed of digital manufacturing and machine learning.

Resilient Supply Chain: Enhance the end-to-end supply chain visibility, agility, and profitability through intelligent planning, real-time reporting capabilities, demand sensing, and API data integration.

Employee Scheduling: With ATS employee scheduling, you can connect production and office workers with the secure collaboration and information management tools needed to support remote work. Create optimized schedules in a single click. Employee preferences and skills are automatically matched with the optimized labour forecast, local and federal regulated compliance requirements, with policies to create fully-compliant schedules.

Flexible Data Collector Options: As employees work across different locations and regions, ATS cloud computing data collectors accurately calculate overtime, premium pay, time-off requests and other up-to-the-minute labour information. With robust AI horsepower, complex computations like these that go across locations used to take hours and can now be accomplished in seconds.

Reliability: ATSTimeWorkOnDemand is hosted in a highly-secure, SOC-compliant environment so you workforce management tools are always available no matter where you are, with just the click of your browser. You get 24/7 monitoring and unlimited capacity and support.

Scalability and Elasticity: ATSTimeWorkOnDemand cloud computing architecture enables auto-scaling and optimal performance. And, with ATSTimeWorkOnDemand manufacturing companies can drive new levels of agility, safety, productivity, and innovation using IoT, cloud-based computing.

Job Costing, Labour Distribution and Advanced Insights: ATSTimeWorkOnDemand computes optimal job costing transactions and labour hours based on forecasted demand and customer labour standards to drive efficient plans and operational insights.

Ready for a demo, download it here or go to www.atimesolutions.com

See how ATS Human Capital Management Solution can help you optimize your workforce management to reduce labour costs and increase operational efficiency.

To reach us by phone; call: 866.294.2467

The concept behind cloud computing is actually quite simple in that it lets you access applications over the Internet, without having to buy, install or manage your own servers. Case, in point, to retrieve your company’s payroll and time attendance records, all you need is an Internet connection and your favourite browser.

Companies of all sizes in a range of industries, across Canada and the US, are utilizing ATSTimeWorkOnDemand cloud-based software, platforms, to streamline processes, lower IT complexity, gain better visibility, and reduce costs. ATS machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. ATS helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition.

Here are 5 benefits to ATSTimeWorkOnDemand and the next iteration of cloud computing:

Easy upgrades without the headaches: With ATSTimeWorkOnDemand, you are regularly and transparently being upgraded to receive the latest innovations and benefits. These upgrades combine the elasticity and utility of the cloud with the control, security, and performance that responds consistently — to ongoing application demands.

Deployment with expediency: Your organization can be up and running with ATSTimeWorkOnDemand HCM applications, with one or multi-site locations within a few months. Upgrades and maintenance administration take place in the cloud and are managed by ATS, so your organization does not have to spend weekends supervising new version upgrades.

Anytime, Anywhere on any Platform: ATSTimeWorkOnDemand is “always on,” making it easy to grow your business and support remote employees and locations, and which means your people can access the app any time, day or night 24/7 from any browser on desktop or mobile device.

Streamlined Payroll, HR and Time Tracking Process: ATS contactless and biometric data collectors allows employees to clock in/out with embedded workflow approvals — allowing HR, to set rules for single-record or batch time-sheet approvals for time-off requests.

Availability and Optimized Performance: ATSTimeWorkOnDemand software architecture was designed from the ground up for robust network performance, thus delivering, better application-level availability than conventional, on-premise solutions. ATSTimeWorkOnDemand HCM App adjusts to a company’s performance needs and assigning server cycles and automatically adjusting to spikes in your business.

Bottomline: ATSTimeWorkOnDemand lets you focus on your business rather than on your software. You don’t have to use valuable IT resources to keep business systems on life support. And, given the vital role that IT plays in today’s business environment ATSTimeWorkOnDemand cloud computing application continues to change the way that companies operate.

To learn more or to download a demonstration, go to our website. And, to reach us by phone, call: 866.294.2467.

Machine learning is a form of artificial intelligence (AI) that enables a system to learn from data rather than through explicit programming. Artificial intelligence is a broad term that refers to systems or machines that mimic human intelligence. Machine learning and artificial intelligence (AI) are often discussed and used interchangeably, but they don’t mean the same thing. An important distinction is that although all machine learning is AI, not all AI is machine learning.

Today, machine learning is at work all around us. When we bank and shop online, or use social media platforms, the algorithms of machine learning comes into play to make the user experience efficient, seamless and secure. Machine learning and the technology around it are developing rapidly, and thus, we are only beginning to scratch the surface of its broad-based capabilities.

ATS TimeWorkOnDemand HCM suite is robust, intuitive and built with future-forward simplicity of machine learning, allowing your organization to work smarter and work seamlessly in the modern cloud. ATS TimeWorkOnDemand HCM suite experience empowers your employees to perform at their full potential and work inspired, helping them accomplish daily tasks — anything from requesting time-off and benefits enrollment to scheduling and managing time and attendance. ATS TimeWorkOnDemand machine learning capabilities, employs rich analytics to predict what will happen — to help organizations make forward-looking, proactive decisions instead of relying on past data.

Here are 3 ways ATS TimeWorkOnDemand HCM technology suite can help your business thrive:

Work in today’s modern cloud
With ATS TimeWorkOnDemand you can automate the employee life cycle and streamline workforce compliance including collective bargaining agreements (CBA) so your people can focus on strategic initiatives that support business goals.

Streamline payroll and other operational costs
ATS TimeWorkOnDemand HCM suite allows your company to streamline tasks and empower your people to get things done in the fewest steps possible — from any place and on any device 24/7, 365 days a year. ATS TimeWorkOnDemand HCM suite automates, employee self-service, time and attendance, benefit accruals, employee scheduling and integration with enterprise resource planning (ERP), human resources information system (HRIS), payroll and talent management.

Instant data-driven insights
Gather key metrics, visualize insights, and predict workforce trends with HR-based people analytics embedded right into your ATS TimeWorkOnDemand HCM suite experience.

To learn more, about ATS TimeWorkOnDemand HCM suite go to our website and download a demonstration. To reach an account executive, you can request more information by going online or contact us by phone at 866.294.2467.

Do’s And Don’ts Of Office Email

July 31st, 2018 | Posted by ATS in Artificial Intelligence | Machine Learning | Workforce Analytics - (Comments Off on Do’s And Don’ts Of Office Email)

Texting has become the preferred method of correspondence with friends and family, over emails. And why not, texting is quicker. Email, however, still reigns supreme in the corporate world so make sure you reserve those quirky jokes and smiley faces for the people with whom you have personal relationships with, like friends and family. Your work colleagues and especially, your boss might not take kindly to the same writing style you use in your personal texts when you are communicating with them.

Do’s And Don’ts Of Office Email

Here are a few email tips from Dawn Rosenberg McKay from an article titled 6 Rules for Email Etiquette in the Workplace:

  1. Mind Your Manners

Even in a world where we are rushing to get things done as quickly as possible in order to move on to the next task, take the time to use good manners in your email. Don’t neglect to say “please” and “thank you.”

  1. Watch Your Tone

Tone is how you, as a writer, can express your attitude in an email message. It influences how it is received. You usually want to make sure to come across to the recipient as respectful, friendly, and approachable. You don’t want to sound curt or demanding. Reread your message several times before hitting send.

When writing to someone with whom you’ve communicated before, begin by saying something friendly like “I hope you are well.” While emojis may help you convey tone more easily, refrain from using them in professional email unless you are writing to someone with whom you have a very informal relationship. Never use them when writing to a prospective employer.

  1. Be Concise

Busy people have neither the time nor inclination, to spend more than a minute reading an individual email. If you want to allow your recipient to read your message quickly, and still understand it, you must keep it brief.

Don’t leave out pertinent details, however. Make sure your message clearly conveys your reason for writing it in the first place. Nobody saves time if you end up having a back and forth while you try to explain the details you omitted.

  1. Avoid Using Texting Abbreviations

Even though you want to save time, you shouldn’t use texting abbreviations in your professional email. If you text a lot, as many people do, you may be accustomed to using a sort of shorthand to speak to your friends. For example, you may use “u,” “ur,” and “plz” instead of “you,” “your,” and “please.” These abbreviations have no place in business correspondence, unless the recipient is someone with whom you have a casual relationship.

  1. Use a Professional Email Address

For messages related to your current job, always use the email address your employer assigned to you. However, you should never use it to send messages that are unrelated to your job, for example, if you are looking for a new one. Use a personal email account instead.

  1. Don’t Forget Spelling and Grammar Count

It is imperative that you proofread your email carefully. Never neglect this critical step, no matter how busy you are. The things you want to be attentive to are correct spelling and proper grammar. In addition to spelling common words correctly, you also want to spell people’s names right, including that of your recipient and the name of his or her company.

Bottom line
In the era of the Internet, artificial intelligence, machine learning, analytics, cool automated business software and access to a dizzying array of mobile apps, the corporate world is conservative, and, how you communicate in that setting has to remain professional, because you never know who may intercept your mail. After all, when your work emails are professional, it’s less likely to put your company at risk.

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Today, on your mobile device, you can order food, pay for movie or concert tickets and even change the temperature on your house thermostat. And, if your phone has the right application installed, you can ask business related questions, specific, to your company, and have the system understand your requests and anticipate your questions based on self-learning. When morphed together, that’s machine learning and analytics, at its core and, that in and of itself, is part of the future.

Machine Learning and Analytics Applications Can Accelerate Your Business

 

Modern and data-savvy business executives with their eye on achieving operational excellence want, up to the minute information and, also want to ensure that their departmental managers are not tethered to rigid applications. And, with a fully embedded cloud analytic application, like ATS TimeWork OnDemand, your business can achieve these objectives and more, including:

  • Increase Workforce Productivity: so users can do their job more efficiently
  • Streamline Labour Costs: ATS TimeWork OnDemand advanced analytics, helps you gain access to real-time information
  • Open Data Integration Capabilities: This powerful application optimizes and integrates to any business application, whether its; ERP, HR, Talent Management, CRM or payroll insight to inform every decision, when and where it matters, and in context.

In the world of cloud analytics and time and attendance, not all applications, while similar in nature, are designed to accomplish the same objectives.

To learn more, go to our website, where you can also download a demonstration or register for one of our bi-monthly webinars. And to reach an account executive, call; 866.294.2467

 

Google Is On The Verge Of Shaking Up The Recruitment Industry

July 20th, 2017 | Posted by ATS in Google | Machine Learning | Recruitment Software - (Comments Off on Google Is On The Verge Of Shaking Up The Recruitment Industry)

When Google announced it was entering the recruitment space, some wondered why? A behemoth like Google would have done its due diligence before deciding to use its power to offer job seekers and employers alike a difference choice.

 

Google Is On The Verge Of Shaking Up The Recruitment Industry

In her article,  for HR Dive, titled Google for Jobs now open to site owners and job seekers Valerie Bolden-Barrett writes in part;

“Google for Jobs is a potential game-changer for employers and job seekers that stands to revolutionize recruiting. Right now, the new search largely pulls from major recruiting websites to formulate search results — but this new behavior could change how the big job boards work. They were already keeping an eye on changing behaviors from applicants that opted for mobile capabilities. Google could further disrupt the marketplace.

Much like LinkedIn and Glassdoor, which forced employers to reconsider external channels of input, Google for Jobs could herald changes in recruitment strategy. Google’s use of AI and machine-learning in the process is nothing less than what’s expected of an innovative high-tech company, and is largely in-line with what experts predicted for online recruiting going forward.”

It has also been reported that the new job search engine will have filters to narrow down jobs. For example, a candidate can sort by full-time or part-time, the job titles, category and posting date. And, that Google will also add a filter for commute times, so candidates do not have to apply for dream positions that require sitting in traffic for two hours.

Keep current with ATS: