If you've found yourself lost in a maze of confusing acronyms like HRIS, HCM, ATS, and ERP, fret not! We're here to show you around and help you make sense of it all.
Whether you're a business owner trying to find the right tools for your team or an HR pro looking to expand your knowledge, we want to help you find the perfect solutions for your needs. From the basics of HRIS to the broader scope of HCM, and from the tools that help with hiring (ATS) to those that assist with managing employee performance (PMS and EPM), we'll break it all down into plain English.
HRIS (Human Resources Information System)
HRIS is a software solution that integrates various HR functions, such as payroll, benefits administration, employee data management, and reporting, into a single system, enhancing HR efficiency and data accuracy.
HCM (Human Capital Management)
HCM encompasses a broader approach to managing human resources, focusing not only on administrative tasks but also on strategic workforce planning, talent management, employee engagement, and development.
HRMS (Human Resources Management System)
HRMS is a comprehensive software platform that combines HRIS and HCM functionalities, providing tools for managing all aspects of the employee life cycle, from recruitment to retirement, within an organisation.
💡 Find out more about the full capabilities of an HRMS combined with the power of a world-class workforce management platform here.
ATS (Applicant Tracking System)
A software application that helps streamline the recruitment process by managing job postings, receiving applications, and tracking candidate progress.
💡Often sold as a separate product or platform from other Human Resource software solutions, HR Duo has developed its own built-in ATS to support businesses manage the entire employee life cycle from one convenient system.
LMS (Learning Management System)
A platform used for the administration, documentation, tracking, reporting, and delivery of educational courses or training programs.
ESS (Employee Self-Service)
A system that allows employees to perform various HR-related tasks, such as updating personal information, accessing pay stubs, and requesting time off, without the need for direct HR intervention.
PMS (Performance Management System)
Software designed to facilitate the management of employee performance through goal-setting, performance reviews, feedback mechanisms, and development planning.
TMS (Talent Management System)
A suite of integrated software solutions that assists organisations in attracting, retaining, developing, and deploying talent effectively.
ERP (Enterprise Resource Planning)
While not exclusive to HR, ERP systems often include modules for HR functions like payroll, benefits administration, and personnel tracking, alongside other business operations.
CRM (Candidate Relationship Management)
Software that helps manage relationships with potential job candidates, including communication, tracking interactions, and nurturing talent pipelines.
RMS (Recruitment Management System)
A platform focused specifically on managing the recruitment process, from job requisition to candidate selection and onboarding.
ESP (Employee Scheduling Platform)
Software designed to streamline the scheduling process for managers and employees, ensuring adequate coverage while considering factors like employee availability and skills.
CTM (Compensation and Total Rewards Management)
Systems that assist in designing, managing, and analysing employee compensation and benefits packages to ensure competitiveness and alignment with organisational goals.
EPM (Employee Performance Management)
Similar to PMS, EPM focuses specifically on managing and optimising employee performance through various tools and processes.
WFM (Workforce Management)
WFM systems help organisations optimise the productivity and efficiency of their workforce by managing tasks such as scheduling, time and attendance tracking, and labour forecasting.
To support you further in your research into the world of workforce management and HR technology, explore our glossary or speak to one of our experts for help finding the right solution for you.
