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Human Resources Software Procurement Research Report | Published: Feb 2016

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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IBISWorld’s Human Resources Software Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Human Resources Software.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 14-17
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 17-20
Price Change
Human Resources Software - Recent Price Trend

During the three years to 2016, HR software prices have increased at an estimated average annual rate of 4.2%. Price increases have come primarily on the back of greater demand for the software, as well as growth in suppliers' R&D costs.The rising popularity of online-based systems has continued to significantly impact 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 may require additional modules or in-house customization to meet the functionality requirements of the buyer, as well as the necessary training sessions, maintenance fees and costs associated with software updates. Some vendors charge a... 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 a company improve and oversee talent management and performance by automating daily administrative processes related to its workforce. Software applications include personnel sourcing and tracking, payroll, benefits administration, performance development and regulation compliance. These applications can be provided online or through on-premise systems. Although physical software can be purchased from retailers, many publishers license their products and services directly to buyers online. This report does not cover HR consulting services.



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