Customer Purchasing Insights for Human Resource Management Software

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HRM Software Buying Trend SoftwareSuggest Insights
http//www.softwaresuggest.com/
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Customer Purchasing Insights for Human Resource
Management Software
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. Heres the HRMS Insight report
generated by analysing more than 10,000 HRM
Software Buyers.
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Summary of the top findings of Survey.

• 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.

Active HRMS Software Buyers
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Geographical Spread of HR Software Buyers in India
Geographical Spread
Human Resource Software is one of the most
in-demand software today.

• 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.

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Preferred deployment method of HRM Software Buyer
SaaS Based Or Installation Based
Personal computing Software as a Service (SaaS)
have made HRMS systems easy to be implemented

• 64 users prefer Web based HR software.
• 15 users go with installation based.
• whereas as 21 are indifferent to any particular
  deployment method.

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Who Is Shopping For Human Resource Software?
Shopping HR Software
Purchase of HR software is spread across 3 groups

• HR Managers of the company (Around 80).
• IT manager of the company (15).
• Directors of the company (5).

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What Features / Modules people look for in HRM
Software?
Features / Modules of HRM Software
Top features that buyers looks most before taking
a decision.

• Here are some of the top features / Modules that
  people look for in HRM Software before purchasing
  it.

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Budget for Installed Based Software
Preferred Software Budget
Budget that software buyers have in their back of
the mind?

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

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Budget for SaaS Based Software
Preferred Software Budget
Budget that software buyers prefer to spend for
HRM 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.

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Sale of HRM Software During a Year
Yearly trend of HRM Software Sales
Chart represents the purchase of HRM Software
sales.

• 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.

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Factors that affect purchase decision
Purchase decision
Factors that users would look into while buying
HRM software

• HR software vendor must have hands on guidelines
  and manual to make it easy for a user to
  interpret and implement.

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Conclusion
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.
Thank you
Send feedback to team_at_softwaresuggest.com