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HR technology has come a long way and making an investment in new technology can be overwhelming.
If you’re in the market to buy new people management software, there’s an enormous amount to be considered. It’s a big decision that requires research, planning, and thought—and not just when it comes to budget. You need to answer three questions: what problems do we want to solve, what impact will a new solution have on our processes and what functionality do we absolutely need? Once these three questions are answered, you can begin crafting a plan to build the best business case possible and earn buy-in for your investment.
Janine Truitt, CIO of Talent Think Innovations, LLC, sat down with Ultimate Software to discuss five steps to develop a strong business case for purchasing new technology. Some of these steps include cultivating favor, being flexible, and anticipating additional questions and cynicism. By learning and executing these steps, you can ensure that you are creating an in-depth report of prospective vendors, breaking down costs, preparing to prove business impact and more. All of this can verify that the human resource department is doing their part. Become an empowered buyer by ensuring your questions are answered and your case for purchasing new human capital management (HCM) technology is fool-proof.