Discover how much time and money Pocket HRMS can save your organization
Enter the approximate hours spent per month on these HR activities
Calculating your ROI...
Here's what Pocket HRMS can save for your organization
| HR Activity | Current Hours | With HRMS | Time Saved | Monthly Savings |
|---|---|---|---|---|
| TOTAL | 0 hrs | 0 hrs | 0 hrs | ₹0 |
An HRMS ROI Calculator is a tool that helps organizations estimate the Return On Investment (ROI) they can achieve by automating HR processes using an HRMS. It works by capturing inputs such as:
Based on these inputs, the calculator estimates:
Instead of relying on assumptions, an HRMS ROI Calculator provides a data-driven view of HR efficiency, helping organizations compare manual HR effort with an automated approach.
This makes it easier for HR and business leaders to:
The HRMS ROI calculator is developed to reflect real, day-to-day HR activities and share the savings and ROI with Pocket HRMS.
You provide the hours spent on:
Based on these inputs, the calculator provides you with an estimate of the total time saved, as well as the monthly savings, which is used to calculate the Annual ROI. To ensure results that closely resemble real-world usage, we have considered industry benchmarks and standard HR workloads.
The ROI calculation considers time spent on common HR tasks such as:
Automating these tasks with Pocket HRMS significantly reduces manual intervention and rework.
The HRMS ROI Calculator provides you with a robust idea of the savings you can expect from using Pocket HRMS. It helps decision-makers to make the right choice using data that helps justify their investment.
The values shown by our HRMS ROI Calculator help you understand the tangible business impact of HR automation. It helps you understand how much you can save once you deploy Pocket HRMS in your organization, making it one of the best options for improving HR efficiency and transparency within the company.
However, do note that the ROI from HR software varies by different factors. In the case of HRMS, ROI includes both monetary and non-monetary gains obtained from its implementation. Hence, you should consider the following factors when measuring the ROI of your chosen HRMS:
A robust HRMS helps you save time spent on manual tasks and paperwork, which is a part of every HR’s administrative work. They can allocate the time saved to other productive tasks, such as strategizing various programs like talent development, employee training, employee engagement, etc.
Cost savings are the estimated monetary savings achieved by converting saved HR hours into cost value. Since the HRMS automates several tasks of HR teams, companies can reduce costs related to manual errors, as well as administrative tasks. They can also optimize resource utilization for further cost savings using HR software.
With the help of a dedicated HRMS, companies can improve their HR efficiency by multiple times, thanks to its ability to automate almost all aspects of HR operations. With the inclusion of self-service portals and a centralized database, employees can undertake their HR-related tasks easily, effectively automating the administrative work of HR teams.
A good HRMS also helps you maintain compliance by staying up to date with the latest changes in statutory rules and regulations. It helps you stay on top of everything related to payroll, compliance, benefits, etc., helping you avoid hefty fines and penalties.
You can use ROI calculators to:
There are various benefits of using the HRMS ROI Calculator:
Our HRMS ROI Calculator makes it easier to make the right choice, as it effectively translates the HR team’s time and effort into measurable impact in terms of money. Instead of relying on vague assumptions, you can clearly understand how automation reduces their operational expenses while improving HR productivity and overall efficiency.
Justifying the investment in a new technology is challenging for any business. With this HRMS ROI calculator, you can clearly identify quantifiable outcomes, which also helps HR teams in building a strong case for HRMS implementation with the leadership. As a result, the HRMS ROI Calculator will also help in getting budget approvals.
Additionally, the calculator provides you with a customized output relevant to your organization, as you shared the input data with it. Since you shared all the required information based on your organization’s HR processes, the time and cost savings shared by the calculator will be relevant, as well as realistic, for your company.
