Calculating HRIS Return on Investment

Here’s how to lay out the costs of a new HRIS – and how it pays for itself by Cindy Waxer. Estimating the impact an HRIS is likely to have on corporate coffers is no easy task. These days, costs can range from several hundred thousand dollars to more than a million dollars. And that’s just for the system itself. Hardware, installation, customization and support expenses can increase the amount eightfold.

There are, however, a few factors that heavily influence the price of an HRIS. Here’s what you need to consider when calculating a potential ROI (return on investment).

Read the attached whitepaper to learn more.