CFO Corner: Cloud Comp, Cloud HCM, Cloud, Cloud, Cloud


By Tim Low, VP of Marketing, PayScale.com

You can’t swing a dead cat these days without hitting a mention of the cloud.There’s a reason for that. Cloud technologies, applications and vendors are treating HR and business customers to a whirlwind of innovation not seen in, well maybe never.  

No animals were harmed in the making of this blog post.

Two recent articles are great ways to start to understand the direction HR technology is heading and the impact the cloud is having on organizations. In a great piece in CFO Magazine, David McCann writes about A Cloudy Revolution for HR Tech Arena. I highly recommend it if you’re interested in starting to understand the state of HR technology and the rapidly-evolving apps that are fast becoming must haves for businesses of all sizes.

It’s kind of a primer in the categories of HCMS (human capital management systems), Core HR (what used to be called HRIS), as well as where Talent Management, Performance Management, Success Planning and Compensation Management.

Josh Bersin, renowned HR thought leader and consultant, penned a thoughtful piece in Forbes highlighting the need for business software to evolve and evolve rapidly. He contrasts the systems of record, as embodied by ERP vendors, with more modern systems of engagement, as embodied by the likes of Silk Road and Workday.  

What is your organization doing with HR technology? Have you embraced the cloud? Tell us your thoughts and experiences.

More from PayScale

CFO Corner: Retaining Top Performers

Employee Retention: Thinking Beyond Salary 

What I Saw At SHRM 


 

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