Healthcare Technology Featured Article

October 03, 2013

Human Capital Management for Healthcare Organizations


Human capital is the most important resource for any organization and is also the most challenging one to retain. This is why companies spend millions of dollars to attract and retain the right talent. This spending is essential to make strategic decisions that will help the company to make the best use of opportunities and steer away from the potential threats.

Companies are always looking for an easy way to manage human capital. To fulfill this need, some companies like Infor have come up with customized software platforms. Known as the Human Capital management (HCM), this platform helps companies to have a greater control and visibility over its workforce. HCM has many applications such as Infor Enwisen HR Delivery Suite, Infor Talent Management, Infor Human Resource Management and Infor Workforce Management. These products help companies to standardize and automate their HR processes and improve collaboration across different teams and departments. Further, it helps companies to make the best use of resources by moving staff hours and to have the right person for the right job.

With this unified human resource platform, companies can operate from a single point for all the company-wide operations. It also eliminates the problems that comes with fragmented solutions as all the data is integrated and operates in real-time. All these aspects improve the productivity of employees and helps organizations to better understand the needs of employees and fulfill them to retain the best talent. Based on this real-time information, companies can formulate appropriate HR strategies and policies that will be beneficial for the employees as well as the organization in the long-run.

Due to these benefits, many companies such as Jackson Medical Center and the Connecticut Children's Medical Center have already implemented. It is hoped that other healthcare companies will also incorporate this software in the future to get the most out of its human capital.




Edited by Ryan Sartor
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