In the past companies have typically turned towards global HCM solutions like Workday, SAP, Oracle, Kronos/Ultimate, Sage, BambooHR, etc. in order to consolidate and streamline all their HR information in one central system. However, these global HCM solutions come with a number of important shortcomings:
- Expensive and time-consuming implementations
- Lack of adequate localizations
- Local resistance to switch from local solutions,
hence laggard adoption - Generic functionality inferior to specialized best-of-breed solutions
Conclusion: Global HCM solutions require a lot of money, resources and time to make them work, and many of these implementations do not yield the desired results.