Tips for HCM Software Selection5

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Understand your company’s culture

You can’t SEE culture BUT… it still impacts the human capital management (HCM) software selection process. Your company’s culture can influence whether you experience:

• A selection project that is on time and on budget• Smooth collaboration among your selection team members• Objective decision making backed by sound data• An avoidance of internal and external politics (this can delay or even derail a selection project)

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State your HR software requirements

• Observe and document how your human resources (HR) staff actually work• Interview different employees about how they interact with HR • Understand current HR processes at your company• Assess the state of your company’s current HCM technology • Define the HCM technology requirements at your company • Prioritize those requirements and state them clearly

02

Shortlist the vendors that can meet your HR software requirements

• Put together a diverse software selection team that includes IT, HR, finance, and other stakeholders

• Use a decision support tool with good data visualization and reporting capabilities to ease the reasoning process

• Don’t struggle alone if you hit a place of indecision—hire an HR analyst!

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Get to know the vendors on your shortlist

• Issue requests for proposal (RFP)• Invite some vendors to conduct product demonstrations • Rely on an independent demo mediator to ensure the vendors stay on script during

the demos• Organize on-site visits with vendors to understand their work style• Organize after-hours activities to assess if there is a personality fit with the vendor

and your organization

04

Negotiate the best HR software solution for your organization

• Assess the gap between your HR software requirements and what vendors can offer—you need as close a match as possible

• Ask if some custom configuration can fill any functionality gaps• Ensure that you have access to product roadmap information• Find out if vendors offer an app marketplace with solution extensions

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For more information or to schedule your free appointment with a TEC software selection specialist, contact us at +1 (514) 954-3665 ext. 404 or online.

Are you evaluating or selecting an HCM solution?

Join TEC’s team of software selection specialists and analysts at the

HR Technology Conference & Exposition

October 4–7, ChicagoBooth #205

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Technology Evaluation Centers

Once you’ve registered for HR Tech, be sure to book a meeting with a TEC software selection specialist for a free one-on-one at our booth! You’ll enjoy a demo of our software decision support system and get impartial advice from experts, free resources including our latest HCM Buyer’s Guide, and much more.