QUANTIFYING the QUALITY

QUANTIFYING the QUALITY
9 Jan 2022

As we all know from previous article on topic “Benefits of ERP”, One benefit is Reduced Operational expenses. Here we have find the cost in terms of number so that it can make sense and become understandable on how much operational expenses can be reduced. As we are specialized in HRMS (Human Resource Management System), we are trying to Quantifying the quality. 
We have worked with different partners from different sectors. On an average we get the following findings from our expertise on saving the manual costs. 


5 employees take 8 days to calculate all the activities of HR like leave, attendance, payroll, and other HR related work of 1 month in group of companies. 


Average Salary of 1 HR employee in Group of companies is 40,000
Average Salary of 5 HR employee in Group of companies is: 40,000*5= 200,000
Average Salary of 5 HR employee in Group of companies in 1 day is: 2,00,000/25= 8000
Cost to calculate all the activities of HR like leave, attendance, payroll, and other HR related work of 1 month is 64,000.00
Cost to calculate all the activities of HR like leave, attendance, payroll, and other HR related work of 12 months (1 year) is 64,000*12= 7,68,000.00
Cost to calculate all the activities of HR like leave, attendance, payroll, and other HR related work of 5 years is 768000 * 5= 38,40,000.00

Even if your HR personal cost you 25000 rupees per month salary, you end-up paying 24 lakh to your employee to just calculate the Payroll, leave, and other HR related activity in 5 years. If you use any HR system, it will reduce your operational expanse 40-50%. You can use your remaining expanse on corporate growth, and improving customer service. 


Here at Nimble, you can use our service based on subscription and license model. Subscription model let you pay in monthly basis where as in license, you can buy the license with one-time payment and only pay AMC (Annual Maintenance Cost). A perfect fit for everyone. 
 

contact nimble infosys

looking to talk with us? we will be happy to hear from you

Request a Demo

Subscribe Nimble Newsletter

We will update you with latest trends, technology changes, tips and tricks related to services provided by us.