| Publisher | SAP | ||
|---|---|---|---|
| Format | Date added | 01 Jan 2006 | |
| Topics | HR, Resources Mgmt., Business Management, Groupware - Workflow | ||
| Downloads | 590 | ||
The premise of this white paper is that, managed well, HR becomes human capital management (HCM)--a function that contributes directly to a company's growth, innovation, and bottom line. The paper outlines HR best practices, explaining why top-performing HR departments:
- Optimize the efficiency of their transactional processes
- Make appropriate investments in strategic functions
- Centralize and consolidate their operations
- Carefully evaluate the benefits and drawbacks of outsourcing their compensation and benefits functions
- Leverage IT to help them work more efficiently
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