Question

A start-up is expanding overseas and spends an excessive amount of time on
recruiting and hiring activities, hindering its ability to focus on the core aspects of
its business. How can a Human Capital Management (HCM) platform provider
benefit this company?​

Answer 1

The benefit of the Human Capital Management(HCM) to be able to expand the company overseas are:-

• Human capital management is very crucial in an organization for the carrying of certain responsibilities which are related to recruiting, payroll, benefits, leaves, etc.
• All these tasks related to Human Resource is time-consuming and increase costs incurred during operations.
• Therefore,  the HCM platform helps to avoid such hindrances to increase the core of the business.
• This can be done by automating the whole process from recruiting to human resource management.
• By using software such as Workday, it will be possible for the company to adopt the culture of increasing the efficiency of workers and employees and keep a direct check on them.

Answer 2

Answer:

by building a fully unique human resources system from ground up