Absence Management Software are designed to streamline the management, recording, and analysis of employee absences, replacing outdated manual methods such as paper forms and spreadsheets. They automate leave processing, allowing employees to choose from multiple types of leaves and submit absence requests, and allow managers to approve them through customizable workflows tailored to company policies and compliance requirements. It includes features such as real-time tracking, notifications, and mobile accessibility for managing requests on-the-go. These platforms also provide detailed reporting and analytics, delivering insights about absence trends to help organizations optimize workforce efficiency and plan resource allocation effectively. Additionally, they seamlessly integrate with existing HR systems and provide calendar integration, ensuring data accuracy and aligning leave data with organizational calendars to boost visibility and facilitate planning. Employees can also access their remaining leave balances through a self-service portal, promoting transparency and self-management. These solutions are utilized by human resources departments, managers, and employees.
Gartner defines cloud HCM suites for 1,000+ employee enterprises as cloud application suites that deliver functionality for attracting, developing, engaging, retaining and managing employees. Cloud HCM suites for 1,000+ employee enterprises are designed to support transactions and/or analytical processing for more than one of the following use cases within a single integrated solution
Gartner defines cloud HCM suites for regional and/or sub-1,000 employee enterprises as cloud application suites that deliver functionality for attracting, developing, engaging, retaining and managing workers. HCM suites encompass functionality that supports a variety of HR-related processes
Talent acquisition (TA) applications have traditionally focused on an applicant tracking system (ATS) to track, post and automate the requisition-to-hire process. However, as the TA function in organizations has expanded to compete for talent, TA applications have evolved to cover a broader set of activities such as recruitment marketing, candidate relationship management (CRM) and onboarding. As a result, TA applications are on the market today in a variety of packaged suites that offer combinations of functions beyond applicant tracking. These combined platforms are called talent acquisition (TA), talent management (TM) and human capital management (HCM) suites.
A talent management (TM) suite is an integrated set of modules that supports an organization’s need to plan, attract, develop, reward, engage and retain talent. The modules offer functionality that includes the areas of workforce planning, recruiting and onboarding, performance appraisal, goal management, learning management, competency management, career development, succession and compensation. The functional modules align with the key human capital management (HCM) processes of: • Plan to source • Acquire to onboard • Perform to reward • Assess to develop A boost to demand in the TM suite market has resulted from the delivery of functionality to improve workforce engagement and collaboration. Further, growing demand for greater analytical capabilities and predictive insights to improve decision making in relation to workforce actions has improved the market’s general health.