ROI Guidebook: isolved People Cloud

October 10, 2023 - Research X179

Have a specific question? Query our research catalogue with the Nucleus AI Tool.

For small and midsized organizations, maintaining HR agility is key to business survival. A one-size-fits-all approach to HCM is not always feasible for SMBs that require solutions that can scale as needs change through the growth of operations. Many vendors do not allow for modular deployments, which can negatively impact adoption rates and add unnecessary complexity to implementation and day-to-day use.

isolved is a provider of HCM software, delivered through modules in its People Cloud platform. With deep initial expertise in payroll and timeclock solutions, the vendor has expanded its offerings to cover areas including core HR, workforce management, talent, people analytics, and HR service delivery. isolved continues to focus primarily on the small and midsized market but has demonstrated successful application of the People Cloud in upper midmarket and enterprise use cases. The modular nature of the platform allows for greater scalability, enabling organizations to deploy capabilities at their own pace. This contributes to better ease of use and adoption rates.

To better understand the costs and benefits associated with an investment in the People Cloud platform, Nucleus conducted an in-depth return on investment (ROI) assessment of several isolved customers’ deployments of the solution. Customers realized an average ROI of 201 percent, with an average annual benefit of $100,664 and an average payback period of 7.2 months.

Learn more about Nucleus Research’s ROI case study approach here.

Gain the knowledge you need to effectively develop and deliver a financial business case at ROIUniversity.com.