ERP & HCM

1.
ERP
(ENTERPRISE RESOURCE PLANNING)
Overview
╺ ERP is a type of business management software that streamlines business
processes like inventory, HRM, accounting, CRM and the data an
organization can collect, store, and analyze.
╺ Core feature of ERP system is that it maintains a shared Database.

3
4
Advantages
╺ Business integration
╺ Increased data security, data quality, visibility, availability and accessibility
of information
╺ Flexible modules
╺ Standardization of business
╺ Enhanced synergy between departments
╺ Increased organizational control
5
Disadvantages
╺ High initial cost of investment
╺ Implementation & Maintenance
╺ Misjudged customization
╺ Highly Time Consuming

6
Modules of ERP
╺ HCM (Human Capital Management)
╺ Financial Management
╺ CRM (Customer Relationship Management)
╺ Sales Management
╺ Project Contract Management
╺ SCM (Supply Chain Management)
╺ Service & Asset Management
╺ Payroll Management
7
ERP implementations
╺ 1. On Premise: offers the security and control of using your own IT
infrastructure to connect your people, processes, and systems.
╺ 2. Cloud: runs on a vendor’s cloud platform as opposed to an on-premises
network, allowing organizations to access over the internet.
╺ 3. Hybrid: combination of on-premises and cloud solutions to support your
company’s needs.

8
Top 10 ERP
╺ Year 2021 ╺ Year 2022
╺ 10. ServiceNow ╺ 10. Acumatica
╺ 9. Workday ╺ 9. Salesforce
╺ 8. Infor M3 ╺ 8. Odoo
╺ 7. Salesforce ╺ 7. SAGE X3
╺ 6. SAP S/4HANA ╺ 6. Infor Cloudsuite
╺ 5. SAGE X3 ╺ 5. IFS
╺ 4. IFS ╺ 4. SAP S/4HANA
╺ 3. Oracle ERP Cloud ╺ 3. Oracle ERP Cloud
╺ 2. Microsoft D365 ╺ 2. Oracle Netsuite
╺ 1. Oracle Netsuite ╺ 1. Microsoft D365
9
2.
HCM
(HUMAN CAPITAL MANAGEMENT)
Overview
╺ Human capital management (HCM) is the process of hiring the right people,
managing workforces effectively and optimizing productivity.
╺ It has evolved from a mostly administrative function to a critical enabler of
business value.

11
Elements
╺ Recruitment
╺ On boarding
╺ Payroll
╺ Time and attendance
╺ Benefits and retirement services
╺ Talent management
╺ Training
╺ Reporting and analytics
╺ Compliance 12
13
Benefits
╺ Attract and Retain Talent.
╺ Optimize Workforce Management and Spending.
╺ Respond with Agility to change.
╺ Streamline HR Operations.

14
Challenges
╺ Talent strategy
╺ User experience
╺ Big data
╺ Administrative burdens
╺ Systems integration
╺ Compliance
╺ Data security and privacy
15
Importance
╺ Changing workforce demographics and the ability to get work done in
remote environments
╺ An expanded availability of contract-based and freelance employees
╺ Increasing compliance regulations in both the United States and other
countries
╺ Tightening labour markets and the need for specialized skills
╺ The prevalence of team-based work structures
╺ An explosion of available workforce data

16
How HCM can help your organization
╺ Make data-driven decisions
╺ Encourage business growth
╺ Increase profitability
╺ Optimize talent strategies
╺ Secure data
╺ Improve regulatory compliance

17
 ERP / HCM?
The short answer is that both ERP systems and HCM systems can benefit
organizations in different ways. 
Let us see how are these to different and in which way they serve us to benefit an
organization.

18
 WHY ERP?
╺ If you need to integrate departments and streamline enterprise-wide
workflows, then ERP software may offer the features you need. 

19
 Why HCM?
╺ If you’re struggling to keep up with the HR demands of an increasingly
remote workforce, you may benefit more from an HCM solution.

20
 Thank you
~ Presented by Gaurav Bhojwani