Glossary Archive

The software applications that are intended to help an organization manage and maintain its workforce. Generally speaking, human capital management software is considered to be enterprise class software that can scale up and automate processes like payroll, performance reviews, recruiting and training.

A draft standard to enable the interchangeability of HR component products, using a plug and play operation. It is a blueprint for Human Resource software developers, and a framework for buyers and sellers of software products. It defines component classes and subclasses (according to HR business function and processes), object naming and database structure.

The system or systems used to collect, store, maintain and retrieve information needed to manage human resources. An HRIS may include only basic employee information or information needed for all of the human resource functions (e.g. benefits, compensation, payroll, etc.). NOTE: This is also used to refer to the department that manages the Human Resourcetechnology for an organization. The collection of software components and other technology that go to make up a system to collect and process data about people within an organization. The boundaries vary according to what organizations perceive as belonging to the system and sometimes includes hardware and network. Usually it is transactional software components (to create, read, update and delete data), reporting facilities and web browsers for workflow and self-service applications.

A common name for the department that manages the Human Resources systems for an organization.

The act of managing people during their employment life cycle. The management process may be carried out by any member of an organization that has direct control over employee activities or staff involved in recruiting, training or planning roles.

The process of sub-contracting some of all of an organization’s Human Resources processes or activities. A third-party vendor will typically take responsibility for some or all of the HR systems and administrative processes.

The system used to collect, store, maintain and retrieve information needed to manage human resources.

An open source blockchain framework and implementation designed for enterprise use cases, providing privacy, scalability, and permissioned network capabilities.

A standardized authoring language that is used to tag text files to achieve unique fonts, colors, and other formatting of documents on the Web.

A token that contains identity-related information, often used for authentication and authorization purposes.