Leverage More ERP Sales with HCM Integration
Improve the Efficiency of Critical Everyday Processes for your Clients.
It often goes without saying, ERP sales can be a lucrative business. The powerful and strategic business processing management tools available can be used to manage data, automate manual process, generate impactful reporting and more for any organization. Business owners and leadership stakeholders love the functionality of these systems because it allows them and their employees to focus on more meaningful projects for the company. However HCM integration is often overlooked.
ERP consultants should be offering ERP systems that are strong in scalability as the company’s requirements change over time, as well as have established integrations between other SaaS technology platforms to offer increased functionality offerings to their clients such as access to human capital management and payroll processing technologies.
Allowing HCM integration to other partnering 3rd party vendors will allow your clients to provide better insight into the inner working of their operations, allowing leadership to make strategic business decisions with data to back up their plans.
ERP and Human Resources Solutions
As you know from your experience in ERP consulting, the systems you are offering to your clients are built around numerous applications and tools that help all areas of an organization communicate with one another more effectively.
For example, with data shared among departments within an organization available in real-time, an HR department would hypothetically be able to access, review and utilize any data from customer success if they needed access to any related information from them. This sharing functionality between departments empowers employees to make quicker, more informed business decisions.
ERP systems collect and store data into a centralized location from the following areas of business operations:
- Human Resources (HR)
- Payroll Processing
- Finance and Accounting
- Customer Relationship Planning (CRM)
- Warehouse Management
- Supply Chain Management
- Business Intelligence
- Production Management
- Point-of-Sale (POS)
As you can see bolded above, HR is a pivotal piece within the ERP realm because data between the two often overlap.
A cloud-based, human capital management (HCM) platform is a crucial component of ERP. One which has yet to be tapped but is a growing product year-over-year for many organizations who are finding out about the potential capabilities of one.
An HCM platform and its various modules help HR administrators and end users by automating the most important functions of HR-related tasks.
For example, administrators of the product have built-in automated tools that help reduce the amount of steps it takes to set up rules for payroll, time management, eligibility requirements, data sharing, and more. While the automated tools help end users of the product access their time, PTO, benefits statements, surveys, various workflows, documentation and more.
The point is, with the addition of cloud-based HCM and payroll technology added with your ERP offering, you are decreasing the amount of time significantly in operating some of your most important organizational tasks. This results in happier employees, less hours wasted overall and money saved by the employers in nearly every facet of the organization.
With all this said, not all businesses use a human capital management (HCM) solution or really care to enhance their potential capabilities because they are not well-informed enough to see how HR is more than just processing payroll, recruiting and benefits management. HR data holds a treasure trove of information that can be shared among departments and staff to create a more efficient work environment.
Finding leads in any profession is a timely task that requires a lot of patience, thick skin, and perseverance. As an ERP consultant, you are aware of the mud you have to crawl through just to identify leads, nurture them and (hopefully) get them to sign a contract with you. With that said, mastering how […]Read More >