What is HCM Cloud?

HCM Cloud refers to Human Capital Management solutions delivered via cloud computing. It encompasses a suite of applications that automate and streamline HR processes, including talent acquisition, onboarding, performance management, compensation, learning and development, and workforce planning. By leveraging the cloud, organizations can access HCM software from anywhere with an internet connection, reduce IT infrastructure costs, and improve scalability and data accessibility. It's commonly used to manage the entire employee lifecycle, improve employee engagement, and make data-driven decisions related to human resources.