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?
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a) by outsourcing the company’s entire Human Resources function to industry experts
b) by building a fully unique Human Resources system from the ground up
c) by providing a customizable Human Resources system that can be tailored to the company’s needs
d) by offering a standard Human Resources application hosted on the company’s servers
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A Human Capital Management (HCM) platform providers benefit this company because:
- The traditional administrative duties of human resources (HR) departments recruitment, training, payroll, compensation, and performance management are transformed into chances to boost engagement, productivity, and business value through human capital management (HCM).
- According to HCM, the workforce is a core business asset whose value can be increased through strategic investment and management, just like any other asset. It is seen as more than just a cost of doing business.
- HCM can refer to both a business strategy and a collection of contemporary IT tools and other implementation-related technologies. Although they are frequently used synonymously, the terms for HR, HRMS, and HRIS do have a few subtle differences.
To learn more:
https://brainly.in/textbook-solutions/q-explain-functions-hrm-professional
https://brainly.in/question/27975772
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