We live in a time where budgets are the driving force when determining the price we should pay for a product or service, however, could we possibly be working backwards? If the ultimate goal of purchasing a product or service is quality, then creating a budget prior to knowing the financial obligation is like putting the cart before the horse.
We fool ourselves into believing we've got a good deal when we are able to find a product or service that fits our budget. However, this is not always the case. More often than not, we actually increase our budget when we are forced to accept lower quality due to budget constraints. Lower quality typically means correcting what was done incorrectly the first time, or replacing or optimising a product long before the end of its lifespan.
A successful purchase of HR technology will help a company becoming more innovative, however, an HCM purchase based on a low price has the strong potential to lack the quality needed for the purchase to truly be a success.
The highest price does not always mean the highest quality, therefore assessing a purchase based on a product or service’s ability to meet business requirements and successful past performance are vital to ensuring quality takes precedence over the enticement of a low price.
With over 300 successful HCM implementation projects completed, we won’t be the cheapest and we won’t be the most expensive, but our services will be priced right for your organisation and your needs. Our services include helping organisations select new or replacement systems, change management, implementation services, and ongoing support.
Hear more from Paul Rae, our CEO, on Friday 12 June at the CIPD Festival of Work