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
Resource management software is designed to help businesses efficiently allocate and manage their resources, such as employees, equipment, time, and finances, across various projects and tasks. It enables managers to optimize resource usage, track availability, schedule work, and forecast future resource needs, aiming to improve productivity and reduce costs by avoiding overallocation or underutilization. This software also includes features for planning, reporting, and it integrates with other business tools to provide a comprehensive view of all resources. The typical users are project managers, resource managers, team leaders, and executives across various industries.
Talent acquisition (recruiting) suites are used by recruiting teams to manage the job application selection process. Capabilities include an applicant tracking system, which handles the job requisition, job posting, application, and candidate selection workflows, and a combination of candidate relationship management (also known as sourcing or pipelining) and/or employee onboarding modules. Today’s talent acquisition suites offer a variety of functions with an emphasis on automation and AI-enabled capabilities to provide a streamlined, engaging experience for all stakeholders involved in the hiring process, such as recruiters, hiring managers and candidates. Organizations that do their own hiring require a means to engage, select and onboard would-be employees.