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For Paylocity’s executive chairman Steve Beauchamp, the humancapitalmanagement (HCM) landscape is tough and competitive. His Illinois-based HCM platform is focused on delivering a modern tech stack that can deliver an easy-to-use experience for HR and payroll pros and their employees.
In the early 2000s, HR had predominantly relied on paper-based processes , outdated legacy systems, and manual data entry. So if you had a job, you didnt let go of it, because it was hard to find another oneNow HR had to worry about engagement and retention and employee experienceand training managers to be better coaches.
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This two-part series explores the value of APIs and how HR can use them to create more effective HCM technology systems. Part one is an overview of APIs and how they can be used to integrate data with systems of record. APIs enable diverse applications to smoothly connect and easily share data between systems.
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Or is it primarily operational, focusing on compliance and workforce management? Efficient resource allocation : Payroll, benefits, and HR technology investments are aligned with financial priorities, improving cost-effectiveness and operational efficiency. Would alignment under the COO better support the business model?
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