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Human Resources Software Procurement Research Report | Published: May 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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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Human Resources Software procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Human Resources Software, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.

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 may be provided online or through on-premise systems. While physical software may be purchased from downstream suppliers, such as retailers, many publishers license their products and services directly to buyers online.



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