HR software, including core HR management systems, is in the midst of change.
The rise of HR outsourcing is removing some of the software decision-making from
companies and placing it in the hands of outsourcing service providers such as
ADP and Convergys. Meanwhile, smaller software vendors have been growing quickly
by concentrating on talent management applications that help with tasks such as
recruiting, employee development and performance appraisals.
Much of the upstarts’ business has come in the form of "software as a service"
deals, in which companies access applications through the Internet and pay
monthly user fees. This approach is touted as reducing technology headaches and
lowering upfront costs compared with the traditional tactic of paying for
"perpetual" licenses and installing software on company computers.
To enlarge the view, click on the image below. Adobe Acrobat Reader
is required
Reproductions and distribution of the above article are strictly prohibited. To order reprints and/or request permission to use the article in full or partial format, please contact our Reprint Sales Manager at (732) 723-0569.
Comments
Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed
from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies
or any other policies governing this site. You are fully responsible for the content you post.