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Cost Justifying HRIS Investments

Cost Justifying HRIS Investments

What are the factors you would have to use in calculating a benefit-cost ratio to support a decision to purchase a new HRIS when the organization already has an HRIS that was acquired 10 years ago? Be sure to mention the factors that would comprise the costs, direct and indirect, and the benefits, direct and indirect, of the current system versus the proposed system.

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