In recent years, the term HCM system has begun to displace human resource management system (HRMS) and HR system as an umbrella term for integrated software for both employee records and talent management processes. The software keeps track of an employee’s career starting with the hire date, so HR managers can compile valuable data about the workforce at various points in the employee lifecycle. They can try to use this data to recruit more efficiently and identify future organizational leaders. The records component provides managers with the information they need to make decisions that are based on data. The HCM System can include dedicated modules for recruitment, performance management, learning, compensation management, and other applications related to attracting, developing and retaining employees. Optimax Consulting can provide the HCM system with different levels of complexity depending on the number of employees and features required by the company.