HRM Software Buying TrendS o f t w a r e S u g g e s t I n s i g h t s

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Human Resource Management Software

Customer Purchasing Insights for Human Resource Management Software

SoftwareSuggest helps business find the right software.

As a part of our work, we gather customer requirements, we analyze them and serve the

industry with deep insights on software buyer under our initiative – ‘SoftwareSuggest

Insights’.

Here’s the HRMS Insight report generated by analysing more than 10,000+ HRM

Software Buyers.

Active HRMS Software Buyers

What is the geographical spread of HRM software Buyers?

Which deployment method do HRMS software buyer prefer: online vs offline?

Who is the decision maker?

Which features are considered most important when making a purchase decision?

What is the budget software buyer have during evaluation?

How is the purchase spread over the year?

Factors that affect purchase decision.

Summary of the top findings of Survey.

Geographical Spread

Human Resource Software is one of the most in-demand software today.

Geographical Spread of HR Software Buyers in India

Delhi (+NCR) has 24% buyers for HRM software, which makes it a leading city looking for

good HR software.

Other cities like Mumbai (21%), Bangalore (14%), and Chennai (11%) also have numerous

software buyers.

SaaS Based Or Installation Based

Personal computing & Software as a Service (SaaS) have made HRMS systems easy to be implemented

Preferred deployment method of HRM Software Buyer

64% users prefer Web based HR software.

15% users go with installation based.

whereas as 21% are indifferent to any particular deployment method.5

Shopping HR Software

Purchase of HR software is spread across 3 groups

Who Is Shopping For Human Resource Software?

HR Managers of the company (Around 80%).

IT manager of the company (15%).

Directors of the company (5%).

Features / Modules of HRM Software

Top features that buyers looks most before taking a decision.

What Features / Modules people look for in HRM Software?

Here are some of the top features / Modules that people look for in HRM

Software before purchasing it.

Preferred Software Budget

Budget that software buyers have in their back of the mind?

Budget for Installed Based Software

Buyers are almost equally distributed over the price range of Rs.10,000 to Rs.5

lac budget.

Preferred Software Budget

Budget that software buyers prefer to spend for HRM Software.

Budget for SaaS Based Software

Pricing in /user/month 48% of organizations allocates INR 100 to INR 150.

28% allocates INR 50 to INR 100.

21% allocates INR 150 to INR 200.

3% allocates INR 200+.

Yearly trend of HRM Software Sales

Chart represents the purchase of HRM Software sales.

Sale of HRM Software During a Year

Purchase of HRIS software is at its peak during the month of June.

There is decline in HRM software purchase after the month of July.

During October-November-December, number of software buyer tend to be

lesser.

Purchase decision

Factors that users would look into while buying HRM software

Factors that affect purchase decision

HR software vendor must have hands on guidelines and manual to make it

easy for a user to interpret and implement.

Thank you

The report has been generated from the data collected by our team.

Do write your comments below or email us with suggestions & your views on the report.

Explore the list of top human resource management software along with software demo

video, comparison reports, screenshots, features and many more to help you in selecting

the right software.

Conclusion

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