Study Highlights Accelerated Onboarding, Improved Productivity and Enhanced Employee Retention while Recouping Software Costs.
Amid economic uncertainty and tighter budgets, return on investment (ROI) has become a top priority for HR leaders investing in technology. isolved announced the release of an independent Total Economic Impact (TEI) study by Forrester Consulting, highlighting the isolved People Cloud platform's transformative value. The study, commissioned by isolved and conducted by Forrester Consulting, reveals positive results, including a 330% ROI with a payback period of less than six months. "HR leaders today are navigating a complex landscape — from managing time-consuming administrative tasks and ensuring compliance, to attracting, developing and retaining top talent. These challenges not only impact organizational efficiency and productivity, but also employee satisfaction and long-term business growth," said Celia Fleischaker, Chief Marketing Officer at isolved. "We believe the Forrester TEI study validates the impact of isolved People Cloud and confirms when organizations invest in their people strategies, their businesses win too." The study analyzed interviews with the decision makers of five organizations utilizing isolved People Cloud across healthcare, hospitality, security and professional services sectors and aggregated the results and combined them to form a single composite organization over three years. These organizations reported measurable results from their investment in isolved People Cloud, including HR efficiency, employee productivity, compliance and talent retention. More specifically, they experienced:Ivanti finds nearly 30% of employees use AI tools in secret, fearing job loss or seeking a competitive edge.
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