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Human Resources Software Procurement Research Report | Published: Oct 2014

Helping businesses make better purchasing decisions, faster

Human Resources Software: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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The Human Resources Software procurement report contains data and analysis of current and future trends when buying goods and services. IBISWorld’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Human Resources Software Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Human Resources Software - Recent Price Trend

During the past three years, HR software prices have grown moderately, rising at an estimated average annual rate of 4.7%. This price increase has not been favorable for buyers and has been influenced by both internal market factors and external drivers.The rise in online-based systems has continued to greatly affect this market because many businesses have begun to invest in cloud solutions to... purchase to read more

Human Resources Software - Total Cost of Ownership

The total cost of ownership for HR software is moderate. Buyers need to consider supplemental costs beyond the price of the software, including if the software is an all-inclusive product or allows for add-on features as well as the necessary training sessions, maintenance fees and costs associated with software updates. Some vendors charge a single license fee that includes multiple services,... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of human resources (HR) software. This type of software is designed, developed and published to help improve and oversee a company’s talent management and performance by automating daily administrative processes relating to its workforce. Software applications include personnel sourcing and tracking, payroll, benefits administration, performance development and regulation compliance. These products can be provided online or through on-premise systems. Although physical software can be purchased from downstream suppliers, such as retailers, many publishers license their products and services directly to buyers online.



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