Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away. Antoine de Saint-Exupery French writer (1900-1944)Perfection in business is elusive, but streamlining and consolidating your human resources responsibilities can go a long way toward putting you on the fast track to growth.

This is where Human Capital Management (HCM) can lift your bottom line. HCM firms deliver the following services under one platform:

  • HR management system
  • Payroll processing
  • ACA management and reporting
  • Employee benefits
  • Reconciliation services

We at Payday HCM believe that the total HCM model works the best for most businesses. Even if you don’t choose Payday HCM, please consider using an HCM approach to grow your business faster.

With HCM, you focus on your business’ core competencies while allowing a firm like Payday HCM to free you from the administrative tasks that are a time suck for your management team.   

One Platform to Rule Them All: Most HCM firms have the entire portfolio from hiring to payroll to benefits to retirement packages all under one software platform. This allows ease of use and depth of data across your entire HR and staffing process.

A Seamless System Creates Greater Accuracy: Because every part of an HCM system works hand-in-glove with the other parts, you are better assured that your payroll and other reporting is accurate.

I Can See Clearly Now: HCM has built-in business analytics that allow you to see where your workflows (and supply chains) are working, and where they cause bottlenecks or missed deadlines. Mining this data can create powerful efficiencies. Using this total data view, you can allocate resources to plan out your business growth with confidence.

Manage Your Cashflow in Real Time: Don’t lose days reconciling payments between vendors, agents and contractors. HCM allows you to automate this process so your team’s time is spent creating value instead of stuck in spreadsheets.

Empower Your People: HCM requires fewer staff meetings. The process is so transparent, with clear dashboards for all stakeholders, that an executive can gauge progress with just a glance. Depending on the size of your operation, having this real time information can empower your employees to make better decisions on their own.

Best Practices Give You a Competitive Edge: Best practices are built into HCM systems so that you can rely that this is the best way to grow. This gives your business a competitive edge.

Spot Trouble Ahead of Time: The dashboarding process allows you to stay on schedule and offers alerts for areas that are falling behind.

Expand, Contract, and Partner as Needed: HCM allows you to expand with contractors, the self-employed, and outsourcing firms easily. You can partner with confidence. Strategic partnerships can be a manpower and time tracking nightmare because such arrangements are sometimes ad hoc. With an HCM program you can partner with confidence, and bill your work across projects with ease.

Recruit, Assess, and Screen Potential Hires: HCM allows you to streamline your recruiting and screening as well as your HR and employee onboarding process. Because the entire system is integrated soup to nuts, you can produce reports that document your entire hiring process.

Go Green with Web-Based HR Documentation. Instead of killing a forest of trees, Payday’s online onboarding process allows you to handle almost all of the “paperwork” without any paper. You can scan all your photo IDs and use e-signatures. We include a hiring dashboard that makes sure you don’t miss a step in the hiring process.

Smaller Office Footprint: Instead of devoting lots of office space to HR files, that square footage can now be used for more mission critical tasks.

More Secure: Because our HR documentation is securely in the cloud, you don’t have to worry about disasters such as fire, flood, or burglary. Backups are performed nightly. You also don’t have to worry about having an IT team protect your employees from identity theft.

Streamline Your Performance Appraisal Process: During an employee’s probation period and beyond, an online HCM infrastructure allows you to keep up with scheduled tasks like probation period deadlines and performance reviews. Because the appraisal process happens online, you’re not chasing people down to complete paperwork. You can keep abreast of who has done an appraisal, and track of the entire workflow.

Time & Labor Management Syncs Accurately with Payroll: HCM makes time and labor tracking work seamlessly and accurately with accounting. Every process that can be automated is. Record keeping is automated allowing you to accurately file your taxes electronically and avoid late fees.

See Your Life Again: HCM systems save so much time that you might actually craft some work/life balance. Instead of business growth you might be able to achieve some personal growth as well.

Keep Calm & Bundle UpSAVE UP TO 40% WITH BUNDLE PACKAGE DEALS

Payday HCM can save you time and money by bundling our products and services. The more you buy, the more you save. Bundle services include:

  • Human resource management system
  • Payroll processing
  • ACA management and reporting
  • Employee benefits
  • Reconciliation services

Payday HCM is dedicated to saving you from ACA compliance nightmares. If you have any questions, call us at 888-2PAYDAY free or 505-255-5433 contact us via http://paydayhcm.com/contact-us.

Payday HCM

Payday HCM

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