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Measurable Business
Benefits:
Achieving Faster ROI, Significant
Competitive Advantages, and
Increased Savings to Your Bottom Line
For financial business leaders and other c-level executives, moving away from
unclear or ambiguous improvements to quantifiable measurements is crucial to
the overall organization. Hard, meaningful data substantiates the execution of
strategic, long-term business decisions. As technology is rapidly changing,
executives can be challenged to find the right systems that drive business
performance, provide competitive advantages, and increase the bottom line.
One area that specifically impacts business success is human capital
management. For most organizations, investments in people are one of the top
priorities, so its critical to manage employee expenses well and leverage the right
HCM solution that delivers measurable business benefits.
1.Embrace Cloud
Technology
Cloud technology is an innovative approach to gaining
Your cloud system also should include multiple redundancies, which will ensure your business
continuity. With a cloud-based HR solution, you wont need an expensive business consultant for
disaster recovery or redundant servers to access employee information when a power outage,
storm, or other disruptive event occurs. Because your vendor maintains your cloud system, you can
eliminate IT spending for managing your HCM solution.
In 2002, Ultimate Software was the first HR/payroll provider in North America to use cloud
technology, and today it has an impressive track record of success. With thousands of customers,
and more than 14 million person records supported in its cloud environment, Ultimate ranks as the
most widely used HCM cloud solution in North America. As a pioneer in Software-as-a-Service, we
developed our comprehensive HCM solutions to give organizations the overwhelming benefits of
More convenient, efficient, and secure ways to manage HR, payroll, and talent management
Proof:
Cloud
Technology
2.If Time Is Money,
Proof: Cloud Technology
Delivers
Business
Benefits Heres How to
Delivers Business
Benefits
Control It
1,000,000
850,000
tactical activities.
Companies spend between $748 and $1,500 per
employee on HR administration, up approximately
1.4% in 2011 over 2010.
Only 33% of the HR budget goes to talent
management initiatives, such as recruiting,
performance management, leadership development
and corporate wide training programs.
Only about 8% of spending goes toward what they call
strategic programs.
I am an HR systems
manager for a global leader in
customized performance-critical
systems for electronics and wireless
products and UltiPro's single database
is giving us greater accuracy. Previously,
managing all the different systems and
vendors was both a tactical and strategic
nightmare. Not only was this process a big waste
of time and money, we still didnt get the right
information in order to think strategically about
our HCM vision. Today with UltiPro, we have
reduced headcount by several FTEs through
attrition, our HR associates are providing greater
value to our business, and we are rolling out
executive dashboards that deliver strategic
metrics on our global workforce in about
10 seconds. UltiPro is a huge win for our
business.
Proof: UltiPro
Saves Time
97
3.Evaluate HCM in
the Balance Sheet
Conduct an ROI analysis that calculates hard and soft cost
savings. Calculate upfront and ongoing costs, including
training and even fines that may have occurred from
compliance issues or errors that your system would address.
Do you have to buy back your information for reporting? Pay
unexpected charges?
Also, calculate the amount of time your company would save and
the salary of the person involved. How much time do managers
spend finding, reviewing and passing around paper resumes?
How fast will your time-to-hire increase? How much money will
you save on paper? Is your company in a growth mode? Will
this require you to hire additional HR and/or payroll staff? How
much do you currently spend on annual maintenance and other
costs for your current HR/payroll system?
or decrease
State-of-the-art disaster recovery and security
protectionwith 24x7x365 monitoring
Easy-to-use navigation that fosters employee
adoption, role-based access, and engagement
Reduced or eliminated costs related to paper and
printing
Decreased burden on HR teams
Streamlined efficiencies that increase productivity gains
Enhanced control of data as well as easy integration
with third-party systems, supported with cohesive
business intelligence
Reduced risk related to non-compliance
Tenured cloud provider that keeps business at the front of
technology changes
139
ROI
Proof: UltiPro
Adds to the
Bottom Line
4.Innovate
for a Lean
Administrative
Team
How many people will it take to operate the system
500,000
50
%LESS
5.Convert
Eco Benefits
into
Business
Benefits
How much money does your company
spend on buying, printing, handling, and
27
%LESS
Global hearing technology company, with 2,200 employees, reduced HR/payroll staff
from 15 employees to 11 while enabling the team to take on additional responsibilities.
business
sense.
Sustainability
functions
financial
processes.
incentive
is
to
Considering
tremendous
adopt
the
green
massive
reduce energy
24/7access
reduce paper
98
50,000
conclusion
Ultimate Softwares UltiPro delivers the only solution that is
completely
focused
on
human
capital
management.
solutions allow you to take your focus away from the day-to-