Buying any new technology can be a minefield and HR Technology is no different. There are so many new products on the market from point solutions to full suites – where do you begin? In this blog we’ll take you through our five top tips for buying HR Technology so you can purchase with ease.
New HR Technology can provide innovative solutions for longstanding challenges. But it’s important to ask yourself these three key questions before heading off in search of that silver bullet.
It’s vital to understand what challenges your new tech can solve for your business. The tech is never the ultimate solution to a challenge, but should support and align to the goals of your people strategy for it to be successfully integrated and utilised internally.
Maybe your new tech will help save your team time? Maybe it’ll help deliver a greater candidate experience? Whatever that value might be it’s good to call that out before going on the hunt for tech so that you can clearly communicate that with potential vendors and see if your values and theirs align.
Data and metrics are vital! Not just from the perspective of data you collect through your platform but what data and metrics are you going to use to highlight whether your new HR Technology and processes have been a success?
If you want a deeper dive here’s HR Influencer, William Tincup, sharing his thoughts on the right questions to ask yourself when buying HR Technology.
Before you go putting your technology wish list together it’s vital to understand how your new HR Technology will sit within your current ecosystem. Perhaps your new tech can help you consolidate systems or pull your data together in one place, but it’s important to think through what other systems exist and how they connect. This is also helpful information to have on hand when you speak to potential vendors. Here’s what you’ll need to map out:
There are so many ways to research HR Technology, but where do you begin? And what sources can you trust? We’ve compiled the definitive list of where to start:
Now you know what HR Technology you’re trying to buy, why and where to look for it, it’s time to think about what features you need, what integrations it must have and a wish list of functionality you’d like to see. No technology is perfect, so it’s important to make sure you have a clear picture of what’s a must have or a nice to have.
We recommend mapping this out under two headings:
Our final tip is not so much about your new HR Technology, but more about how you’ll embed the technology and manage the internal change you’re about to embark on. Here’s a summary from our latest article about change management to steer you in the right direction:
We hope our top five tips have helped you think through where to start your HR Technology purchasing journey. We’ve started a thread for top tips when buying HR Tech in our community – join us to carry on the conversation!