When people think of HR technology, they typically think about the following acronyms:
HRIS: Human Resources Information System
HCM: Human Capital Management.
HRMS: Human Resources Management Systems
And others simply refer to it as HR technology. While the acronyms might lead to confusion, at the core of the conversation are systems designed to meet HR’s unique business needs. These systems combine cloud-based technology with databases, algorithms, and other elements to create a software as a service (SAAS) to help HR professionals handle their workforce management needs.