Operational excellence is aspiration shared by all companies and one of the most common sources of competitive edge in business literature. It has become even more relevant today as the capacity for growth is undermined by the socio-economic troubles we are undergoing.
Organizations often don’t always take full advantage of the potential of payroll data and one of the big mistakes they make is to only think of such data as financial figures, when in fact it is possible to extract information that may be highly valuable for finance and HR.
From the overall HR perspective and that of information systems in particular, it is worth stopping to analyse these changes, and how both aspects are affecting HCM solutions.
The implementation of an can be defined as the discipline responsible for “establishing the required mechanisms to ensure that the implementation of a new HR management tool or module is easy and effective”.
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