The business case for SaaS HR workforce management HCM software technology

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The business case for SaaS HR workforce management software technology

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The business case for SaaS HR workforce management HCM software technology

  1. 1. Exhibit: The Business Case for SaaS HR SolutionsBuyers today require almost immediate payback7.The Business Case & ROI Why companies are buying:Companies that adopt HR solutions:1. Outperform the competition based on key comparables 1. Self-Service for employee and and financial benchmarks8. manger “consumerism” (i.e. access2. Have more flexible, resource efficient costs structures. to information and tools). Average annual HR administration expenditures per employee is greater than $1k for SMBs without a unified 2. People dependant Business Process HR system versus less than half that for enterprises with Improvements core to operations. an HRMS (human resource management system). 3. Talent Management Processes and Automation (for example: Job & Career Management, or Recruiting & Onboarding). 4. HR Systems Strategy (HR Analytics, Social, Global, Mobile). 5. Enterprise Portal and Transaction Cost Reductions. 6. Workforce Optimization (Job Management, Contingent Labor, Labor Costs Management). 7. Upgrade existing solution.7 The days of software implementations with lofty long-term promises are gone as evidenced by the adoption rates of SaaS solutions.According to Gartner, 22% percent of global organizations report they are adopting SaaS HRMS. Even higher adoption rates exist forsmall and mid-market business.8 Organizations that choose an ERP with HRMS based talent management approach outperform with as much as 48%8 greater salesper employee than those choosing a best-of-breed talent management approach. Less than 10%8 of enterprise organizations haveone big suite/vendor and nearly 20%+ are using 2 or more HRO vendors today (single versus multi-function outsourcing).Ephor Group | 1-(800) 379-9330 | www.ephorgroup.com | 24 E. Greenway Plaza Suite 440 | Houston, TX 77046

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