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Human capital management software market insights shared in detailed report

IT Market Research

Analysts forecast the human capital management (HCM) software market in Germany to grow at a CAGR of 5.47% during the period 2016-2020.

HCM is the process of staffing employees that considers people as assets or human capital whose current value can be measured and future value can be enhanced through investments. HCM software solutions help manage a large and growing workforce in an effective way.

It streamlines the traditional HR functions such as benefits administration, personnel tracking, and payroll. Additionally, it automates many administrative processes such as reporting and attendance monitoring to increase productivity.

It also helps in strategic level processes such as recruitment, employee development, and employee management.

For more information about this report:…germany-2016-2020                             

Covered in this report 
The report covers the present scenario and the growth prospects of the human capital management (HCM) software market in Germany for 2016-2020. To calculate the market size, the report considers the revenue obtained from software licenses, maintenance costs, and professional services.

The market is divided into the following segments based on process: 
- Strategic segment 
- Administrative segment
Publisher's report, human capital management (HCM) software market in Germany 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- Oracle
- Workday
- BambooHR
- PeopleFluent
- Ultimate Software
- Zoho

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 Other prominent vendors 

- CakeHR
- Ceridian
- Cezanne HR
- Epicor
- FinancialForce
- IBM Kenexa
- Infor
- Kronos
- Namely
- Sage
- Haufe-umantis
- WebHR

Market driver 
- Introduction of Employment & Labor Law 2016 in Germany
- For a full, detailed list, view our report 

Market challenge 
- Data security and privacy
- For a full, detailed list, view our report 

Market trend 
- Increasing popularity of advanced workforce analytics
- For a full, detailed list, view our report 

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