PAcTrack human capital management software empowers HR to manage talent and its retention processes more effectively, thereby enabling HR to focus on increasing the talent pool. PAcTrack HCM is web-based, secure, easy to configure and user friendly application. PAcTrack human capital management software is easily deployable, customizable, and can be easily integrated with other existing systems within the organization or the extended enterprise software.
The term “human capital management” is an approach to employee staffing that perceives people as assets (human capital) whose current value can be measured and whose future value can be enhanced through investment. An organization that supports HCM provides employees with clearly defined and consistently communicated performance expectations. Managers are responsible for rating, rewarding and holding employees accountable for achieving specific business goals, creating innovation and supporting continuous improvement. HCM software streamlines and automates many of the day-to-day record-keeping processes and provides a framework for HR staff to manage benefits administration and payroll, map out succession planning and document such things as personnel actions and compliance with industry and/or government regulations.
PAcTrack HCM brings together employee information management, payroll processing, talent skill management, performance management, project & timesheet management and provide a centralized platform for the new age HR.