To meet the demands of today's knowledge-based economy, companies must maximize the potential and productivity of their employees.  Maximizing the investment in the organization’s human capital is crucial to business success.  This requires transforming the human resource (HR) function from an administration department into a strategic contributor of human capital management (HCM) strategies.  HCM for business means integrating employee processes and information with business processes and strategies to drive business results. More specifically, modern HR departments must:

• Improve workforce efficiency and productivity
• Deliver best-in-class HR processes at the lowest possible cost
• Plan future workforce needs and measure strategies
• Find the right talent for today and develop the right talent for tomorrow
• Educate the workforce to ensure each employee has the right skills to excel in their jobs
• Align corporate strategies with team and individual goals

Companies that have robust tools to implement HCM strategies will be able to maximize the contribution of their workforce. Those that will not find it difficult to compete in today's dynamic marketplace. SAP ERP Human Capital Management (SAP ERP HCM) is a comprehensive solution that enables your professionals, executives, and line managers to optimize your investment in your most important resource:  your employees.