Market Perspectives

SAP SuccessFactors Reinforces Employee Value and Potential

Posted by Ventana Research on Jan 18, 2023 5:00:00 AM

The workforce has gone through several major shifts in the past three years. The COVID-19 pandemic led to a transformation from working in an office to often hybrid or totally remote work. In what has been described as the Great Resignation, employees – often feeling unappreciated by their employers – resigned in droves. Organizations have taken several measures to deal with these challenges, including updating human capital management software.

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Topics: Human Capital Management, Talent Management

TalentQuest Offers Integrated Talent Management Platform

Posted by Ventana Research on Dec 29, 2022 5:00:00 AM

It has been many years since the start of the COVID-19 pandemic and its effects have continued to impact the workforce. And organizations have not only had to deal with changes to their location (on-site, hybrid or fully remote) but also with the changing landscape of the workforce. The Great Resignation has led to greater challenges within organizations in terms of retention and attracting the right talent. Organizations facing this litany of new dilemmas can benefit from HCM software to address these challenges.

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Topics: Human Capital Management, Talent Management

Immedis Simplifies Global Payroll

Posted by Ventana Research on Dec 27, 2022 5:00:00 AM

Even when all workers are based in the same location under the same legal codes, local payroll can be complicated. When you consider the added complications of different states or even countries, the idea of global payroll can seem very complicated, as discussed in a recent perspective.

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Topics: Human Capital Management, Payroll Management, AI & Machine Learning

Wanzl Earns Digital Leadership Award in HCM with Ceridian for 2022

Posted by Ventana Research on Dec 20, 2022 5:00:00 AM

The 15th annual Ventana Research Digital Leadership Awards recognize organizations and individuals that utilize technology to advance business and IT. The Awards showcase professional leadership and their use of business applications or technology that led to improved organizational efficiency, productivity and performance. These leaders and pioneers have contributed to their organization’s success and championed improvements across people, processes, information and technology.

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Topics: Human Capital Management, Digital Technology, digital business

Cornerstone Empowers Skills for Talent Experiences

Posted by Ventana Research on Dec 9, 2022 5:00:00 AM

The necessity to empower people within an organization to be most effective and highly impactful is no easy task and is central to what business and HR leaders seek to enable. At the core of this mission is understanding the motivations of individuals who are eager to gain new skills that help their career growth while also supporting their current expected performance. Managing and motivating skills development require content and learning methods that align to the role and responsibility of the individual. Necessary steps in talent management include moving beyond a traditional learning management system (LMS) approach and creating learning experiences that are assembled from existing and new content, as well as from third-party providers, and are aligned to the individual’s needs.

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Topics: Human Capital Management, Learning Management, Talent Management

Eightfold.ai Supercharges through Talent Intelligence

Posted by Ventana Research on Dec 1, 2022 5:00:00 AM

Whether changing companies or career paths, working professionals are switching jobs more than ever before. Uncertainty, lack of opportunity and volatility play a role in this churn. Today’s workers often feel more like replaceable cogs in a machine than team members with career advancement potential. Job security also suffers in the face of market swings and volatile black swan events. Employee retention is a challenge in the best of times, but the labor shift that escalated with the pandemic prompted workers to reassess their relationships – not only with their employer but their career, leading many to leave positions that organizations have struggled to fill.

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Topics: Human Capital Management, Talent Management

Payscale Enables Compensation Management with Pay Equity

Posted by Ventana Research on Oct 28, 2022 5:00:00 AM

Historically, a “don’t ask, don’t tell” policy has obscured pay gaps and hindered the transparency of workplace wages. In today’s tight labor market, workers have choices in where they work, and are demanding equal pay for equal work. The goal of pay equity is to create workplaces that inspire loyalty, enthusiasm and trust by establishing an environment of transparency and equitable opportunity, ensuring fairness. The challenge for organizations is determining how to properly conduct bias-free pay equity analysis, including finding the right technology and identifying someone in HR to oversee pay equity on an ongoing basis.

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Topics: Human Capital Management, Payroll Management

Phenom Optimizes Talent Management for Improved People Experiences

Posted by Ventana Research on Oct 21, 2022 5:00:00 AM

The practical advancement of artificial intelligence is being realized by embedding it into applications across human capital management processes. Using AI to generate personalization enables workflows for managers to make quicker and better decisions, ranging from talent acquisition to engaging candidates to become more effective workers. The challenge for organizations is to find applications that use AI to support daily tasks of workers and HR teams, advancing the talent of the organization. Aside from finding the right software, organizations must also identify technology vendors that are equipped to properly train users for successful adoption. Companies like Phenom not only use AI for optimizing talent experiences to hire, develop and retain people into the workforce, but employ AI to change how talent is empowered to be talent.

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Topics: Human Capital Management, Talent Management, AI & Machine Learning

beqom Enables Compensation to Performance Management

Posted by Ventana Research on Oct 20, 2022 5:00:00 AM

While total compensation is not an area that can be handled by a one-size-fits-all solution, many companies lack dedicated compensation software. According to Ventana Research, many HR departments are not equipped to manage sophisticated programs that extend beyond the annual review process. Even among HR departments that do acknowledge the importance of total compensation management (TCM), many rely on outdated systems such as spreadsheets. The use of spreadsheets rather than dedicated compensation management software is a mistake though, considering only 15% of organizations that rely on spreadsheets can report that they do have errors. In the current environment, it is critical that organizations attract and retain productive members of the workforce. A key component of retention and recruitment is ensuring that appropriate compensation exists so employees feel like they are valued by the organization. One organization that is trying to address this issue by creating dedicated TCM software is beqom.

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Topics: Human Capital Management, Total Compensation Management

Salary.com Earns Human Capital Management Digital Innovation Award

Posted by Ventana Research on Aug 9, 2022 5:00:00 AM

The annual Ventana Research Digital Innovation Awards showcase advances in the productivity and potential of business applications as well as technology that contributes significantly to the improved processes and performance of an organization. Our goal is to recognize technology and vendors that have introduced noteworthy digital innovations to advance business and IT that optimizes organizational resilience and workforce readiness.

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Topics: Human Capital Management, Total Compensation Management, Digital Innovation Awards

Oracle ME Earns Overall Digital Innovation Award for 2022

Posted by Ventana Research on Jul 27, 2022 5:00:00 AM

The annual Ventana Research Digital Innovation Awards showcase advances in the productivity and potential of business applications as well as technology that contributes significantly to the improved processes and performance of an organization. Our goal is to recognize technology and vendors that have introduced noteworthy digital innovations to advance business and IT that optimizes organizational resilience and workforce readiness.

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Topics: Human Capital Management, Digital Technology, Digital Innovation Awards, digital business

Employee Experience is Better with Workflows from ServiceNow

Posted by Ventana Research on May 17, 2022 5:00:00 AM

A productive and engaged workforce is fundamental to many successful enterprises/organizations. But the pandemic has created unique challenges to “business as usual” and has transformed the employee experience across nearly all aspects. This transformation is an opportunity for organizations to reinvent their workplace, especially in consideration of remote personnel who may be spread across all regions of the globe but still need to feel connected and work efficiently. One key to providing a positive and meaningful workplace environment is supporting high-value interactions between employee and employer. These can be seen across organizations’ workflows, for example, by enabling a unified and personalized employee experience using intelligent workflows for complex processes like onboarding, training, coaching and the employee lifecycle. Ventana Research has asserted by 2024, personalization capabilities in HCM systems will allow three-quarters of organizations to benefit from recommendations that make the employee experience more meaningful, satisfying and productive.

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Topics: Human Capital Management, Learning Management, Talent Management, Workforce Management, Total Compensation Management, employee experience, Continuous Payroll

Paycom is a Vendor of Merit in Workforce Management Value Index

Posted by Ventana Research on Mar 1, 2022 6:00:00 AM

Ventana Research is sharing insights about Paycom, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, WFM, HR, Workforce Management, HR Tech, employee experience

Zebra is a Vendor of Merit in the Workforce Management Value Index

Posted by Ventana Research on Feb 28, 2022 5:00:00 AM

Ventana Research is sharing insights about Zebra Reflexis, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, WFM, HR, Workforce Management, HR Tech, employee experience

Infor is a Vendor of Merit in the Workforce Management Value Index

Posted by Ventana Research on Feb 25, 2022 5:00:00 AM

Ventana Research is sharing insights about Infor, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, WFM, HR, Workforce Management, HR Tech, employee experience

Paychex is a Vendor of Merit in the Workforce Management Value Index

Posted by Ventana Research on Feb 24, 2022 4:00:00 AM

Ventana Research is sharing insights about Paychex, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, WFM, HR, Workforce Management, HR Tech, employee experience

Ascentis is a Workforce Management Value Index Vendor of Assurance

Posted by Ventana Research on Feb 23, 2022 4:00:00 AM

Ventana Research is sharing insights about Ascentis, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, Workforce Management

Blue Yonder is a Workforce Management Value Index Vendor of Merit

Posted by Ventana Research on Feb 22, 2022 4:00:00 AM

Ventana Research is sharing insights about Blue Yonder, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, Workforce Management

Oracle is Exemplary in the Workforce Management Value Index

Posted by Ventana Research on Feb 21, 2022 4:00:00 AM

We are happy to share some insights about Oracle, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, Workforce Management

Workday is Exemplary in the Workforce Management Value Index

Posted by Ventana Research on Feb 18, 2022 5:00:00 AM

Ventana Research is sharing insights about Workday, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, WFM, HR, Workforce Management, HR Tech, employee experience

Ceridian is Exemplary in the 2022 Workforce Management Value Index

Posted by Ventana Research on Feb 17, 2022 5:00:00 AM

Ventana Research is sharing insights about Ceridian, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, Workforce Management

SAP SuccessFactors is Exemplary: 2022 Workforce Management Value Index

Posted by Ventana Research on Feb 16, 2022 5:00:00 AM

Ventana Research is sharing insights about SAP SuccessFactors, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, Workforce Management

Workforce Software is Exemplary: 2022 Workforce Management Value Index

Posted by Ventana Research on Feb 14, 2022 4:00:00 AM

Ventana Research is sharing insights about Workforce Software, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: HCM, Human Capital Management, WFM, HR, Workforce Management, employee experience, HRTech

UKG is Exemplary in the Workforce Management Value Index

Posted by Ventana Research on Feb 11, 2022 5:00:00 AM

Ventana Research is sharing insights about UKG, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Workforce Management is a distillation of a year of market and product research efforts.

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Topics: Human Capital Management, Workforce Management

Quest for Skilled Talent is Achievable with TalentQuest

Posted by Ventana Research on Feb 10, 2022 4:00:00 AM

Talent management is a priority as organizations continue to face multiple disruptions because of the pandemic and business continuity issues related to the workforce. It has never been more important to get leaders up to speed and help them acquire the knowledge necessary for the organization to remain competitive and keep the workforce both compliant and engaged. Most talent management efforts are more functional rather than focused on the processes that ensure the desired engaged and skilled workforce. Yet, many organizations fail to realize that it’s the experience in learning that matters most, as articulated in our perspective on how to build organizational readiness. Increasing engagement for learning across the workforce is important to ensure effective skills and talent in the organization.

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Topics: Human Capital Management, Learning, Learning Management System, Talent Managment, employee experience

The Parking Spot Earns Digital Leadership Award in HCM with UKG for 2021

Posted by Ventana Research on Jan 20, 2022 5:00:00 AM

The annual Ventana Research Digital Leadership Awards recognize organizations and individuals that utilize technology to advance business and IT. The Digital Leadership Awards showcase the professional leadership and their use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization. This prestigious award recognizes leaders and pioneers who have contributed to their organization’s success and championed improvements across their people, processes, information and technology.

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Topics: Human Capital Management, Learning Management, Talent Management, Workforce Management, Total Compensation Management, employee experience, Continuous Payroll

Technical College System Earns Digital Leadership Award in Customer Experience with Salesforce and TargetX for 2021

Posted by Ventana Research on Jan 10, 2022 5:00:00 AM

The annual Ventana Research Digital Leadership Awards recognize organizations and individuals that utilize technology to advance business and IT. The Digital Leadership Awards showcase the professional leadership and their use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization. This prestigious award recognizes leaders and pioneers who have contributed to their organization’s success and championed improvements across their people, processes, information and technology.

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Topics: Performance Management, Sales, Customer Experience, Human Capital Management, Marketing, Marketing Performance Management, Office of Finance, Voice of the Customer, Continuous Planning, Business Continuity, Learning Management, Analytics, Business Intelligence, Cloud Computing, Data Governance, Data Integration, Internet of Things, Business Planning, Contact Center, Data, Product Information Management, Sales Performance Management, Talent Management, Workforce Management, Financial Performance Management, Digital Technology, Digital Marketing, Digital Commerce, Operations & Supply Chain, Enterprise Resource Planning, Total Compensation Management, Continuous Payroll, Field Service, Process Mining, Streaming Analytics, Conversational Marketing, Digital Experience Platform, AI & Machine Learning, Experience Management, Digital Communications, Analytics & Data

Chewy Earns Digital Leadership Award in Data with Alation for 2021

Posted by Ventana Research on Jan 7, 2022 5:00:00 AM

The annual Ventana Research Digital Leadership Awards recognize organizations and individuals that utilize technology to advance business and IT. The Digital Leadership Awards showcase the professional leadership and their use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization. This prestigious award recognizes leaders and pioneers who have contributed to their organization’s success and championed improvements across their people, processes, information and technology.

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Topics: Performance Management, Sales, Customer Experience, Human Capital Management, Marketing, Marketing Performance Management, Office of Finance, Voice of the Customer, Continuous Planning, Business Continuity, Learning Management, Analytics, Business Intelligence, Cloud Computing, Data Governance, Data Integration, Internet of Things, Business Planning, Contact Center, Data, Product Information Management, Sales Performance Management, Talent Management, Workforce Management, Financial Performance Management, Digital Technology, Digital Marketing, Digital Commerce, Operations & Supply Chain, Enterprise Resource Planning, Total Compensation Management, Continuous Payroll, Field Service, Process Mining, Streaming Analytics, Conversational Marketing, Digital Experience Platform, AI & Machine Learning, Experience Management, Digital Communications, Analytics & Data

Emerson Earns Digital Leadership Award in Analytics with Domo for 2021

Posted by Ventana Research on Jan 6, 2022 5:00:00 AM

The annual Ventana Research Digital Leadership Awards recognize organizations and individuals that utilize technology to advance business and IT. The Digital Leadership Awards showcase the professional leadership and their use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization. This prestigious award recognizes leaders and pioneers who have contributed to their organization’s success and championed improvements across their people, processes, information and technology.

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Topics: Performance Management, Sales, Customer Experience, Human Capital Management, Marketing, Marketing Performance Management, Office of Finance, Voice of the Customer, Continuous Planning, Business Continuity, Learning Management, Analytics, Business Intelligence, Cloud Computing, Data Governance, Data Integration, Internet of Things, Business Planning, Contact Center, Data, Product Information Management, Sales Performance Management, Talent Management, Workforce Management, Financial Performance Management, Digital Technology, Digital Marketing, Digital Commerce, Operations & Supply Chain, Enterprise Resource Planning, Total Compensation Management, Continuous Payroll, Field Service, Process Mining, Streaming Analytics, Conversational Marketing, Digital Experience Platform, AI & Machine Learning, Experience Management, Digital Communications, Analytics & Data

Migros Aare Earns Overall Digital Leadership Award with Unit4 for 2021

Posted by Ventana Research on Jan 5, 2022 5:00:00 AM

The annual Ventana Research Digital Leadership Awards recognize organizations and individuals that utilize technology to advance business and IT. The Digital Leadership Awards showcase the professional leadership and their use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization. This prestigious award recognizes leaders and pioneers who have contributed to their organization’s success and championed improvements across their people, processes, information and technology.

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Topics: Performance Management, Sales, Customer Experience, Human Capital Management, Marketing, Marketing Performance Management, Office of Finance, Voice of the Customer, Continuous Planning, Business Continuity, Learning Management, Analytics, Business Intelligence, Cloud Computing, Data Governance, Data Integration, Internet of Things, Business Planning, Contact Center, Data, Product Information Management, Sales Performance Management, Talent Management, Workforce Management, Financial Performance Management, Digital Technology, Digital Marketing, Digital Commerce, Operations & Supply Chain, Enterprise Resource Planning, Total Compensation Management, Continuous Payroll, Field Service, Process Mining, Streaming Analytics, Conversational Marketing, Digital Experience Platform, AI & Machine Learning, Experience Management, Digital Communications, Analytics & Data

Salary.com Advances Compensation Effectiveness

Posted by Ventana Research on Dec 13, 2021 5:00:00 AM

Total Compensation Management (TCM) is a strategic HCM area focused on the processes, data, analytics and technology capabilities needed to achieve an integrated and holistic approach to rewarding employees for their value and contributions. One aspect of TCM is pay equity which, simply defined, means pay comparability and fairness and a lack of bias. It is an organization’s ability to determine what jobs require comparable skill, effort and responsibility while relating that to market pay rates and trends. While most mid- and senior-level managers are keenly aware of the legislative considerations around equal pay, many continue to have a narrow, if not incorrect, view of pay equity and why it also warrants serious attention. Pay equity does not just relate to compensating appropriately and without race or gender bias for similarly valued jobs and job duties. It also encompasses the notion of comparable opportunities being afforded to earn better compensation and derive job satisfaction. This involves the perception of fairness in the broader context of the employee experience, one of the four pillars of a superior employee experience.

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Topics: Human Capital Management, Learning Management, Talent Management, Workforce Management, Total Compensation Management, employee experience, Continuous Payroll

Guide Successful Technology Vendor Selections for Best Outcomes

Posted by Ventana Research on Nov 8, 2021 5:00:00 AM

Business improvement stems from technology investments that advance automation and apply intelligence to your work and processes, increasing the potential achievement of desired outcomes. Assessing vendors and utilizing technology for optimization and innovation is the foundation for digital transformation, and our chief research officer asserts that by 2025, over one-half of organizations will determine that the chaos of digital technology usage requires a rationalization of vendors to ensure operational excellence.

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Topics: Customer Experience, Human Capital Management, Marketing, Office of Finance, Analytics, Data, Digital Technology, Operations & Supply Chain, digital business, Office of Sales

Quantum Workplace’s Performance Management Platform Builds Engagement

Posted by Ventana Research on Oct 29, 2021 5:00:00 AM

Performance management helps organizations understand, optimize and align performance through a variety of methods and processes and is an essential part of what is called digital business. For many organizations, engaging employees through a series of check-ups, goal tracking and kudos to encourage and motivate them helps ensure that expected people and operational performance is realized. But in a changing world and workplace culture where workers prioritize mental health and organizations view working from home as a positive change, vendors of performance management applications must provide tools that help leadership adapt.

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Topics: Performance Management, Human Capital Management, digital business

Effective Digital Learning Experiences Build Organizational Readiness

Posted by Ventana Research on Oct 22, 2021 5:00:00 AM

Business continuity — especially during a pandemic, natural disaster, cyber event or geopolitical situation — requires business and risk mitigation processes. Unfortunately, few organizations are prepared to respond appropriately. Whether an organization rises to the challenge or descends into survival mode is determined by the way it meets the expectations of the workforce, customers, stakeholders and potentially shareholders.

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Topics: Human Capital Management, Business Continuity, Learning Management, Operations & Supply Chain, Digital transformation, digital business, Experience Management