Guide to selecting HCM solution
Get the guide:

Guide to Selecting an HCM Solution

HCM | Guide
Last Updated: 03/09/2019

Get this free guide

For many companies of all sizes and sectors, finding and deploying a high-quality human capital management (HCM) solution is a top-level focus. HCM can deliver invaluable insight into employee performance, leading to more effective, efficient HR decision-making.

Considering the complexity of this field, and the numerous options available, this document should serve as a guide for finding the ideal HCM solution for any given organization.

In it is an easy-to-review checklist you can use to compare HCM vendors side-by-side. The checklist includes a wide range of topics to consider, including:

  • Does the vendor have a business continuity plan?
  • Does it provide standard and custom reports?
  • Can employees access retirement contributions?
  • And much more

* This content is for educational purposes only, is not intended to provide specific legal advice, and should not be used as a substitute for the legal advice of a qualified attorney or other professional. The information may not reflect the most current legal developments, may be changed without notice and is not guaranteed to be complete, correct, or up-to-date.

Recommended for you

Myths about startups
Startup, Management | Article
The 6 Most Common Myths about Startups
When it comes to startups, there's plenty of information and opinions to go around. But how much of what you hear and read are myths, as opposed to reality? Here are six of the most common misconceptions about launching a startup, with advice on how to approach your new business with more facts and objectivity.
improving productivity
Human Resources | Infographic
[Infographic] Exercise and Improving Productivity in the Workplace
What's an effective way to improve employee productivity? Evidence shows that encouraging physical activity can have a positive affect. Here's how:
fica tip credit
Payroll | Article
The tax credit that most restaurant owners are due, but most aren't using-FICA Tip Credit
Many restaurant owners are unaware of the FICA Tip Credit and how it can reduce taxes due on the tips that servers receive from patrons. Learn more
Checklist: How to Switch to a New Payroll Company
Payroll, Outsourcing - Payroll | Article
Checklist: How to Switch to a New Payroll Company
Switching to a new payroll company is an important decision that can make a long-lasting impact on your business. There are a few important steps you’ll want to take to help ensure you’re switching to a quality provider and to make the transition as seamless as possible.
Avoid talking politics at work
Human Resources, Management | Article
How to Avoid Talking Politics in a Tense Election Year
In an election year, it may be difficult to talk or hear about politics at work. Here are some ways for employers to handle this tricky issue in the workplace.
a business owner researching the coronavirus
Human Resources, COVID-19, Our Research | Article
Majority of Business Owners Feel Prepared to Respond to Coronavirus
New research from Paychex reveals that a majority of business owners indicate they are prepared for interruptions to their business should the coronavirus become widespread.
Preparing Your Seasonal Business for Decreased Demand
Human Resources | Article
Preparing Your Seasonal Business for Decreased Demand
Operating a seasonal business comes with many benefits and challenges. Discover how you can prepare your business for decreased seasonal demand.
Policy development and enforcement whitepaper
HCM | Guide
[Guide] Policy Development and Enforcement
Read our quick guide on how to develop and put into writing key workplace policies, expectations of employee behavior, and your company's compliance with employment laws.
White papear cover employee discipline
Human Resources, Outsourcing - HR | White Paper
The Important Steps of Employee Discipline and Termination
Disciplining or terminating an employee may be difficult for many managers, but being prepared can make the process more effective. This free white paper explains.

About Paychex

Paychex was founded over four decades ago to relieve the complexity of running a business and make our clients' lives easier, so they can focus on what matters most.

We provide: