The HCM Technology Value Matrix 2023 report evaluates the evolving landscape of Human Capital Management (HCM) solutions, focusing on usability and functionality across core areas like talent acquisition, payroll, and HR analytics. In response to economic uncertainty, organizations are re-evaluating their technology infrastructure to maximize efficiency while minimizing costs. Vendors have invested in features like AI-driven insights, on-demand pay, and skills development. The report highlights leaders such as Ceridian, Infor, Oracle, UKG Pro, and UKG Ready, who focus on innovation and usability to help organizations improve employee engagement, productivity, and retention.

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