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When making the business case for Performance Management Software it can be difficult to demonstrate a tangible return on investment (ROI). This is particularly the case when trying to convince those that hold the purse strings! They may consider the well-known benefits of employee engagement, increased productivity and visibility as ‘theoretical’ rather than ‘proven’ concepts. Unfortunately, these tend not to be tangible enough to persuade anyone but the most enlightened budget holder of their importance when faced with competing for financial demands.
At Actus, we understand that this is a common challenge. Given that we are lucky enough to have a lot of data, we decided to make use of it. We wanted to see whether independent statistical analysis could find any evidence of a tangible financial impact of using Actus Software. We chose to investigate any correlation between Actus system usage and attrition rates. This was a clearly measurable factor with direct financial impact. The results were surprising and interesting.
To access this resource you will need to fill out the form to the right of this page. If you are interested in learning more about this topic, why not visit our business benefits page below? We also have a number of blogs relating to this topic including: Why go online with performance management software? At Actus, we offer more than free HR resources and great performance management software! We also have a team of organisational development consultants who are on-hand to help meet your performance management needs or requirements for culture change. If you would like to find out more about this service, why not get in touch by contacting us here.
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If you have any questions, enquiries or just want to say how much you like us (or what we can do better), please drop us a line.