HCM Software vs. Payroll and HR Software: What’s the Difference?
Ceridian
JULY 20, 2017
For example, it may interact with your payroll software to provide the banking details for direct deposit. Payroll software takes gross pay and raw time data from another system, or manually keyed data, and calculates net pay from it, applying deductions and appropriate taxes. When HR and payroll software is combined with other functions like recruiting, talent management, scheduling, and time and attendance, the industry calls it Human Capital Management (HCM) software.







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