How to build a business case for a new HR system

Creating a business case that gets results

You are probably aware of the benefits that a good HR system could offer, but have you ever had trouble convincing your stakeholders of the advantages of going digital? It all boils down to some pretty simple facts: a good HR system helps today’s HR professionals make their organisations more efficient and dynamic – and reap all savings it brings.

The saved resources provide HR with more time to support their colleagues in the areas where their expertise adds the most value. The benefits trickle down throughout the whole organisation, improving the employee experience and supporting employees, team leaders and the management alike.

The arguments for acquiring a new HR system might seem loud and clear, but once you have researched and identified the right HR system for your organisation, you might also have to successfully convince your internal stakeholders to secure your investment.

To make your plan of investing in new HR technology a reality, how do you build a business case for buying and implementing a new HR system? In this guide, we’ll provide you the know-how needed for proving the value and building a winning business case for your upcoming investment.

Why build a business case?

Every investment in new technology can seem like nothing more but a cost up front, because the value of the investment hasn’t yet been visualised. By carefully running the numbers, compiling the arguments, and demonstrating a return on investment (ROI), you’ll make a much more compelling case that’ll get the entire management team on board in no time.

A well-prepared business case will help you:

• Provide the measurable value that the right HR system would bring. A good business case provides tangible information regarding the cost benefits of an HR system implementation, helps remove uncertainties and highlights subjective benefits.
• Build stakeholder support. When an HR system project is up for discussion, calculating the ROI gives your stakeholders the information they need to offer or deny their support.
• Show and highlight additional benefits. Running the numbers for your HR system project results in valuable and concrete arguments that can be used to highlight benefits your team may not even have considered before.

Luckily, the needed data is easier to gather than you might think. After 15 years of helping HR professionals transform their organisations, we are happy to share concrete examples of where our solution has produced measurable returns in this eGuide. We hope our tips help you convince the finance department, the board, or your HR colleagues – or best of all, all of the above. Let’s get started!

Download your business case for an HR system guide