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HRM Software Buying Trend
S o f t w a r e S u g g e s t I n s i g h t s
http://www.softwaresuggest.com/
Human Resource
Management
Software
Customer Purchasing Insights for
Human Resource Management Software
SoftwareSuggest helps business find the right software.
As a part of our work, we gather customer requirements, we analyze them and serve the
industry with deep insights on software buyer under our initiative – ‘SoftwareSuggest
Insights’.
Here’s the HRMS Insight report generated by analysing more than 10,000+ HRM
Software Buyers.
Active
HRMS Software
Buyers
 What is the geographical spread of HRM software Buyers?
 Which deployment method do HRMS software buyer prefer: online vs offline?
 Who is the decision maker?
 Which features are considered most important when making a purchase decision?
 What is the budget software buyer have during evaluation?
 How is the purchase spread over the year?
 Factors that affect purchase decision.
Summary of the top findings of Survey.
Geographical Spread
Human Resource Software is
one of the most in-demand
software today.
Geographical Spread of HR Software Buyers in India
 Delhi (+NCR) has 24% buyers for HRM software, which makes it a leading city looking for
good HR software.
 Other cities like Mumbai (21%), Bangalore (14%), and Chennai (11%) also have numerous
software buyers.
SaaS Based Or
Installation Based
Personal computing & Software
as a Service (SaaS) have made
HRMS systems easy to be
implemented
Preferred deployment method of HRM Software Buyer
 64% users prefer Web based HR software.
 15% users go with installation based.
 whereas as 21% are indifferent to any particular deployment method.
5
Shopping HR Software
Purchase of HR software is
spread across 3 groups
Who Is Shopping For Human Resource Software?
 HR Managers of the company (Around 80%).
 IT manager of the company (15%).
 Directors of the company (5%).
Features / Modules of
HRM Software
Top features that buyers looks
most before taking a decision.
What Features / Modules people look for in HRM Software?
 Here are some of the top features / Modules that people look for in HRM
Software before purchasing it.
Preferred Software
Budget
Budget that software buyers
have in their back of the mind?
Budget for Installed Based Software
 Buyers are almost equally distributed over the price range of Rs.10,000 to Rs.5
lac budget.
Preferred Software
Budget
Budget that software buyers
prefer to spend for HRM
Software.
Budget for SaaS Based Software
Pricing in /user/month
 48% of organizations allocates INR 100 to INR 150.
 28% allocates INR 50 to INR 100.
 21% allocates INR 150 to INR 200.
 3% allocates INR 200+.
Yearly trend of
HRM Software Sales
Chart represents the purchase of
HRM Software sales.
Sale of HRM Software During a Year
 Purchase of HRIS software is at its peak during the month of June.
 There is decline in HRM software purchase after the month of July.
 During October-November-December, number of software buyer tend to be
lesser.
Purchase decision
Factors that users would look into
while buying HRM software
Factors that affect purchase decision
 HR software vendor must have hands on guidelines and manual to make it
easy for a user to interpret and implement.
Thank you
The report has been generated from the data collected by our team.
Do write your comments below or email us with suggestions & your views on the report.
Explore the list of top human resource management software along with software demo
video, comparison reports, screenshots, features and many more to help you in selecting
the right software.
Conclusion
Send feedback to team@softwaresuggest.com

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Customer Purchasing Insights for Human Resource Management Software

  • 1. HRM Software Buying Trend S o f t w a r e S u g g e s t I n s i g h t s http://www.softwaresuggest.com/
  • 2. Human Resource Management Software Customer Purchasing Insights for Human Resource Management Software SoftwareSuggest helps business find the right software. As a part of our work, we gather customer requirements, we analyze them and serve the industry with deep insights on software buyer under our initiative – ‘SoftwareSuggest Insights’. Here’s the HRMS Insight report generated by analysing more than 10,000+ HRM Software Buyers.
  • 3. Active HRMS Software Buyers  What is the geographical spread of HRM software Buyers?  Which deployment method do HRMS software buyer prefer: online vs offline?  Who is the decision maker?  Which features are considered most important when making a purchase decision?  What is the budget software buyer have during evaluation?  How is the purchase spread over the year?  Factors that affect purchase decision. Summary of the top findings of Survey.
  • 4. Geographical Spread Human Resource Software is one of the most in-demand software today. Geographical Spread of HR Software Buyers in India  Delhi (+NCR) has 24% buyers for HRM software, which makes it a leading city looking for good HR software.  Other cities like Mumbai (21%), Bangalore (14%), and Chennai (11%) also have numerous software buyers.
  • 5. SaaS Based Or Installation Based Personal computing & Software as a Service (SaaS) have made HRMS systems easy to be implemented Preferred deployment method of HRM Software Buyer  64% users prefer Web based HR software.  15% users go with installation based.  whereas as 21% are indifferent to any particular deployment method. 5
  • 6. Shopping HR Software Purchase of HR software is spread across 3 groups Who Is Shopping For Human Resource Software?  HR Managers of the company (Around 80%).  IT manager of the company (15%).  Directors of the company (5%).
  • 7. Features / Modules of HRM Software Top features that buyers looks most before taking a decision. What Features / Modules people look for in HRM Software?  Here are some of the top features / Modules that people look for in HRM Software before purchasing it.
  • 8. Preferred Software Budget Budget that software buyers have in their back of the mind? Budget for Installed Based Software  Buyers are almost equally distributed over the price range of Rs.10,000 to Rs.5 lac budget.
  • 9. Preferred Software Budget Budget that software buyers prefer to spend for HRM Software. Budget for SaaS Based Software Pricing in /user/month  48% of organizations allocates INR 100 to INR 150.  28% allocates INR 50 to INR 100.  21% allocates INR 150 to INR 200.  3% allocates INR 200+.
  • 10. Yearly trend of HRM Software Sales Chart represents the purchase of HRM Software sales. Sale of HRM Software During a Year  Purchase of HRIS software is at its peak during the month of June.  There is decline in HRM software purchase after the month of July.  During October-November-December, number of software buyer tend to be lesser.
  • 11. Purchase decision Factors that users would look into while buying HRM software Factors that affect purchase decision  HR software vendor must have hands on guidelines and manual to make it easy for a user to interpret and implement.
  • 12. Thank you The report has been generated from the data collected by our team. Do write your comments below or email us with suggestions & your views on the report. Explore the list of top human resource management software along with software demo video, comparison reports, screenshots, features and many more to help you in selecting the right software. Conclusion Send feedback to team@softwaresuggest.com