Businesses are subject to economic cycles. They are expected to deliver on their commitment to their shareholders irrespective of market conditions. In a down swing, businesses are forced to cut costs, work with reduced support staff etc. Topline growth through existing and new venues remains a challenge at all times. Among the many levers that businesses would want to utilize to achieve their goals, Workforce Management is a critical component.
Matching skills availability with demand is the challenge in question. With its rich features, an integrated HCM such as Ramco's solution is better equipped to provide for such requirements. Processes such as Competency Maps, Time Management, multiple Employee Assignment, Recruitment, and Training present users with an opportunity to use a framework of logically linked processes that help them bridge the gap between demand and supply of skilled Human Resources.