Human Capital Management covers the comprehensive HR solution where it connects employees & employers in a transparent atmosphere. HCM provides a multi level organization chart which can be well defined achieving the ultimate motive of an easy-to-understand organization structure. Movements of valued employees are monitored within a click of a mouse; regardless if there is a recruitment, resignation or even job transfer.

Employee turnover is an unavoidable exercise that takes place in all organization time to time. However the key factor to employee turnover will be resignation administration. Human Capital Management is all about managing our most valuable asset which is the human asset. Therefore when a resignation takes place, organizations should allocate resource to analysis what was the cause so that improvements can be implemented. This will be tagged along with existing employees who are keen to voice out their grievances but do not have the means. The system handles a fully confidential entry screen for employees to highlight their grievances so that proactive measurements can be installed.

The compendious library storage capabilities within the system enables you to store and monitor the complete compensation, benefit and entitlements in terms of allowances, leaves, claims etc.

Performance review and appraisal processing is made evident when employees competencies are stored carefully within the system.

A brief on IFCA SoftwareTM Human Capital Management:

Enable storage of valuable information of the employees and latest updates of the employees can be done by the employees themselves.

Expense claim processing is made elementary to the employees and manageable to the employers via the payroll system.

All employees entitlements, claims and employees health records are well managed.

Since it is critical to constantly train, develop and improve the capabilities of the human capital, this module allows storage and statistical analysis of all the training courses, trainers information and most importantly the outcome and results of the previous trainings.

Applying leave, monitoring leave status, checking entitlements of each individual employee is made available within this module.

Contribution of employees back to the organization is a key element to employer satisfaction. Monitoring employees time attendance has become a norm in all organization. Attendance Management provides the comprehensive management tools and intelligent statistics which enables employers to valuate employees commitment.

This module helps to store an individuals recruitment source, applicants information and it will assist in providing matching proposal for the suitable candidates whenever a new vacancy is made available. Manipulation of statuses is made easy for an applicant when he/she fulfills the interview process and gets converted to become an employee.

Performance Management will be closely integrated and co-depended with the Appraisal and Training Management. Results from the intelligent analysis helps to manage and develop resources talents, increase employees satisfaction, build stronger employees relationships.

Healthier green-house was mentioned as a topic for Users Value. How can a payroll system contribute, help and keep our environment green? No pay slips need to be printed anymore. Reports can be viewed via the web browsers and history of reports & documents can be keep as long as possible. Monitoring bonus payouts and calculation of tax becomes a gist with Payroll Management. The Pre-calculator mechanism provides budgetary information to interviewers to which will assist them in recruiting a particular candidate.

Some of the other additional features are like Employee Share Option Scheme (ESOS) management which helps employers and the managers to allocate the share options to the selected employees. Loan & Prepayment management keeps track and manages all loans provided to the employee by the organization and the re-payments by the employees.

Human Capital has become a competitive advantage in businesses today. It is the foundation of Value Creation in departments, divisions, companies and conglomerates. The result is a new approach to managing human capital as a strategic asset.