HRMS ROI: Return on Investment

In today's challenging economy, organizations are demanding Return on Investment for all new technology deployments. Many observers* believe that traditionally, there have been three areas where organizations have looked to gain their returns:

1. Process re-engineering

Organizations will reorganize the way employees communicate with the organization and each other. In addition, employees and processes are often realigned to eliminate duplication of effort and to streamline steps within each business process. While process reengineering will often lead to productivity gains with or without new technology, it is often a time consuming process and the savings are often considered difficult to evaluate in the short term.

2. System Integration

All too often software systems do not share data with each other and require data to be keyed or re-keyed into disparate systems. When systems do not communicate with each other, data contained in those systems can become out of synchronization. Even where systems share data, the exchange of data can be in a batch file mode where the communication takes place only once a day or once a week causing user data views not to be up-to-date. As an example, employees become quickly discouraged with HR portal or Intranet information which is outdated causing Intranet activity to decrease rapidly.

3. Data analysis

Many organizations do not have the means or the tool sets to analyze HRMS/Payroll data across their enterprise. Without consolidated data and the ability to look at point-in-time historical data with a quality analytic tool, it is difficult to understand the metrics of their business as it relates to Human Capital. Without these metrics how does management begin the process of re-engineering to begin with? Without true system integration it is often difficult to obtain real-time data for analysis.

Humanic believes it has solved these issues by providing a Web-based toolset that allows for true integration of data, real-time reporting and analytics across the enterprise, and Self-Service workflow tools that aid in the re-engineering process.

Humanic has put together a questionnaire to help your organization determine if a business case and accompanying ROI exists for new technology deployment. Please contact us for a free copy to begin the process today!


*Based on studies by Robert S. Kaplan and Robin Cooper, Cost and Effect: Using Integrated Cost Systems to Drive Profitability and Performance (Boston: Harvard Business School Press, 1998; APA and Robert Half Study of Time and Attendance systems, 1997; Return on Investment in Training and Performance Improvement Programs by Jack R. Phillips.