An HR software not only builds a culture of excellent performance and enhances employees’ experience but also reduces training, recruiting, and administrative expenses. Without a powerful and smart HCM platform, companies can lose thousands of dollars on inefficient processes and face serious consequences on productivity. Hence, they implement HRIS software but how to know if it is worth the investment or not? Kenz comes with a simple yet accurate HR ROI calculator to help you analyze the overall benefits of our HR platform and find the total amount and time your team can save.
Companies can easily measure ongoing employee and recruitment costs but some things are difficult to track. As you implement our HR software saving calculator, you can calculate the ROI components of the system. It considers the time, resources, and money you invest in payroll, benefits, HR functions, and other tasks to estimate the return on investment on HR initiative. You can also use it to find how it changed the way you manage HR functions in your organization.