No, an EDP won’t replace an HRMS. An HRMS is a tool to manage employee information for payroll, benefits, time and attendance management, etc. It makes day-to-day HR operations possible. On the other hand, an Employee Data Platform (EDP) combines multiple types of data including employee data from an HRMS, behavior data across processes, event data across systems, and performance data to serve as a single source of truth for the employee.