Epicor Releases Newest Version of Cloud-First Human Capital Management Solution
Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, today announced the availability of the newest version of its award winning cloud-based Epicor Human Capital Management (HCM) solution.
Epicor HCM is an intuitive, functional, and adaptable solution which holistically automates human resources processes in a single software system, to track, manage, and analyze data across the employee lifecycle -- from application to retirement. Offering comprehensive support for core HR management, benefits administration, employee and manager self-service, workforce planning, talent acquisition, onboarding, performance appraisals, compensation management, career development, time and attendance, leave/absence management, task/activity management, succession management, learning management, and workforce analytics, Epicor HCM also offers an integrated payroll option.
New features and capabilities in Epicor HCM now include a fully reimagined user interface, a new mobile app, expanded government compliance, and usability enhancements. Epicor HCM features a consumer-inspired navigational and visual structure that speeds task completion and creates a pleasant user experience for greater employee effectiveness and satisfaction.
For example, Epicor HCM introduces an intuitive step-by-step 'Absence Wizard' that makes it easier than ever to create new absence plans. Similarly, the new mobile feature allows organizations to meet candidates on their terms during the recruiting process anytime, anywhere. With this easy-to-use mobile application, candidates can search for a job opening, apply online, manage their applicant profile, and submit attachments. This accelerates the recruiting process, lowers administrative costs, improves application completeness and accuracy, and creates an attractive initial experience for applicants.
Also included in Epicor HCM are expanded government compliance capabilities, which are designed to lower an organization's cost of compliance. The latest updates address rapidly evolving reporting needs, like new W-2 and I9 requirements in the United States and Employment Contracts and Gender Pay Gap reports in the United Kingdom.
"The latest version of Epicor HCM is inspired by today's digital world, providing businesses a comprehensive software solution that supports employee performance while lowering administrative costs and driving better business growth," said David Sommer, product manager, Epicor HCM, Epicor Software. "Epicor HCM enables organizations to build out their HR programs and tools and processes that inspire employee innovation and ingenuity to compete and thrive in the digital age."
Providing extensive visibility into employee skills, certifications and ambitions, Epicor HCM helps businesses quickly source the right talent, identify qualified candidates, create opportunity, and align the best-fit team to each initiative. Epicor HCM increases the strategic value of HR to the business with next-generation usability enhancements that lower cost and keeps organizations focused on executing growth plans while increasing employee satisfaction and effectiveness.
Offering one holistic solution that enables organizations to support talent management and workforce management that is cloud-based, Epicor HCM aligns with industry analysts view of today's enterprise needs and requirements. According to Gartner, by 2025, 50% of global midmarket and large enterprises will have invested in a cloud-deployed HCM suite for administrative HR and talent management. "The market continues a trend toward more HCM suite purchasing, combining talent management and/or workforce management functionality with core HR on the same platform, as buyers look to reduce integration challenges, offer a more uniform manager self-service experience, and take advantage of easier, yet more in-depth, reporting and analytics across the suite."1
Available in the cloud or on premises, Epicor HCM can be deployed to address business preferences and requirements without compromising functionality.