Is it possible to get a system that does everything?
There are never any simple answer and the choice will ultimately come down to your current requirements, organisational complexity, location and short/medium terms goals.
Is it possible to get a system that does everything?
When selecting an HR system, organisations typically choose between a Unified or Best-of-Breed approach.
Both are explained below.
Unified HRIS Solution:
- Description: An end-to-end suite designed to manage the entire employee lifecycle within one integrated system. It serves as a single system of record, encompassing functionalities like HCM, payroll, talent management, performance management, and time management.
Best-of-Breed Strategy:
- Description: Acquiring and deploying systems that offer the best capabilities in specific HCM functional areas (e.g., HR, payroll, recruiting, performance, onboarding). This approach requires an integration plan to connect these point solutions. Best-of-breed vendors typically provide greater functional capabilities addressing specific business processes compared to unified solutions.
Recommendation: Assess your organisation’s current requirements and short-to-medium-term goals to determine the most suitable approach. Consider factors like integration capabilities, user experience, and scalability when making your decision.
Article: All in One vs Best of Breed