Vendor Landscape Plus: HR Management Systems
HRMS vendors are all elite athletes at the top of their game, and the final selection decision comes down to what the judge is looking for in the performance.
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Last Revised: October 6, 2010
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- HR Management is a mature and stable technology. This can be both good and bad. There's no wrong selection decision, but there's no clear winner either.
- Organizations must look beyond basic functionality and discover advanced features that offer cost savings, operational efficiencies, and better management of human capital.
- The benefits equation of an HR Management System (HRMS) solution is simple: fewer HR staff + improved manager efficiency = cost savings without reduction in ability.
- The actual selection process is complicated by the sheer number of vendors that must be evaluated coupled with the number of deployment options that are available. It is as important to decide between on-premise and software-as-a-service as it is to decide between vendors.
- McLean & Company’s clients have clearly expressed that cross-departmental cooperation is critical for a successful HRMS selection and implementation process. Start building the team today.
Impact and Result
- Understand whether your requirements necessitate an HR Management System (HRMS).
- Assess potential benefits in order to purchase the right components to maximize payback.
- Prepare a Request for Proposal (RFP) and a demo script for vendor evaluations.
- Create a shortlist of HRMS vendors and select which is the best fit for your organization.
- Gather advice from peers on their greatest success factors.
Get to Action
Understand your HR requirements and compare the numerous vendor offerings.
Choose the right vendor and delivery method for your organization.
Evaluate and compare vendor offerings.
Narrow down the vast list of vendors to the few that suit the organization’s specific needs.