RE: HCM One Cost

How much does it cost to purchase and implement HCM One?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

administrator Vice Professor Asked on July 3, 2024 in Human Resources.
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1 Answers

Software price

HCM One offers three pricing plans: Basic, Professional, and Enterprise. The Basic plan starts at $5 per user per month, the Professional plan is $8 per user per month, and the Enterprise plan is customized based on the specific needs of the organization.

Plans compared

The Basic plan includes core HR functionalities such as employee database and attendance tracking. The Professional plan adds features like performance management and training management. The Enterprise plan offers advanced features like talent acquisition and workforce planning.

Plans fit

The Basic plan is suitable for small businesses with up to 50 employees. The Professional plan is ideal for medium-sized businesses looking to streamline their HR processes. The Enterprise plan caters to large corporations with complex HR needs.

Other cost

Implementation cost for HCM One varies depending on the size of the organization and the level of customization required. On average, implementation can cost between $2,000 to $10,000. Customization cost starts at $500 for small businesses and can go up to $5,000 for larger enterprises. Training cost ranges from $200 for small businesses to $2,000 for larger corporations.

One time fees

HCM One does not require any specific hardware or servers for implementation. There are no one-time fees associated with the software.

Alternatives compared

Compared to other HR software like BambooHR, Zenefits, and Gusto, HCM One offers competitive pricing for its range of features. While some alternatives may have lower starting prices, HCM One’s scalability and customization options make it a cost-effective solution for businesses of all sizes.

Verdict

Overall, HCM One provides a competitive pricing structure with a good range of features across its plans. With a pricing grade of 85 out of 100, HCM One offers value for money compared to its competitors in the HR software market.

Vice Professor Answered on July 3, 2024.
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