Sage HRMS Cost
How much does it cost to purchase and implement Sage HRMS?
What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?
Software price
Sage HRMS offers a variety of pricing plans to suit different business needs. The cost of a license starts at $10 per employee per month, with discounts available for annual subscriptions. The price can vary based on the number of users and the specific features required.
Plans compared
Sage HRMS offers different plans including a basic plan with essential HR features, a mid-tier plan with additional benefits like payroll integration, and an advanced plan with full HR and talent management capabilities. The pricing and features vary across these plans, with the higher tiers offering more advanced functionality.
Plans fit
The basic plan is suitable for small businesses with up to 50 employees who need core HR functions. The mid-tier plan is ideal for growing companies with 50-500 employees looking to streamline payroll processes. The advanced plan is best for large enterprises with over 500 employees that require robust HR and talent management tools.
Other cost
Implementation costs for Sage HRMS can vary depending on the complexity of the setup and the size of the organization. On average, small businesses can expect to pay around $5,000 for implementation, while larger enterprises may incur costs upwards of $20,000. Customization and training costs are additional and can range from $1,000 to $5,000 per business size/type.
One time fees
Sage HRMS does not require specific hardware or servers for installation, but there may be additional one-time fees for data migration, setup, and configuration. These fees can range from $500 to $2,000 depending on the scope of the project.
Alternatives compared
Compared to alternatives like BambooHR, Zenefits, and Gusto, Sage HRMS falls in the mid-range in terms of pricing. While it may not be the cheapest option on the market, it offers a comprehensive set of HR features that make it a competitive choice for businesses of all sizes.
Verdict
Sage HRMS is competitively priced compared to its alternatives, offering a good balance of features and affordability. With a pricing grade of 85 out of 100, it provides solid value for businesses looking for a reliable HR management solution.