Evaluating Your Human Capital Footprint
Reveal the true costs of HCM & understand financial impact of change
About Us
Strategic Business Solutions, Inc. (SBSI) stands as a premier provider of innovative software complemented by expert consulting services to optimize client operations, minimize risk, and enhance efficiency.
SBSI provides Consulting Services and supporting software to assist organizations in documenting Human Capital Management (HCM) Total Cost of Ownership (TCO) by defining and documenting business processes, automating data collection, collecting and analyzing results, and reporting meaningful findings.
Using the TCO insights, SBSI helps clients, sales teams, and executives create meaningful Business Case scenarios that document the value and risks of potential technology and service changes.
Our primary clients are HCM consulting firms and providers who are helping prospects to understand the costs and ROI. We also work with independent companies who are seeking a third-party consultant to develop HCM Total Cost of Ownership and Return on Investment studies. SBSI has experience in all industry sectors and our client size ranges from 1,000 to 100,000 employees and larger.
The insights are clearly defined, aiding in establishing a clear roadmap for HCM projects. SBSI services provide decision makers with insights and results to make data driven decisions. With this data you can optimize service delivery, explore automatization processes, and build more efficient staffing models.
Partners and Clients
HCM Investment
Understanding the True Costs of Your HCM Investment
In the ever-evolving landscape of Human Capital Management (HCM), understanding the Total Cost of Ownership (TCO) is paramount for an organization’s success. It forms the bedrock of informed decision-making, ensuring that your investments are not only financially sound but also sustainable. SBSI helps organizations understand their current total costs as it pertains to the core pillars of HR.
The Challenge of In-House Analysis
Conducting an in-depth TCO analysis internally can be a formidable task. Factors such as data complexity, specialized expertise, and potential biases often pose hurdles. Vital areas driving high impact or costs can inadvertently be overlooked. Research shows organizations capture approximately 60% of the costs when conducting this analysis in-house.
Partnering for Precision
Collaborating with SBSI empowers decision-makers to leave no stone unturned in accounting for all expenses, offering a clear view of both direct and indirect costs. We have an established methodology and bring a wealth of experience from diverse industries and company scales. Our extensive dataset, gathered from thousands of studies across various sectors and company sizes, includes valuable insights on almost every HCM Provider. This positions us uniquely to provide unparalleled benchmarking and analytical services.
Comprehensive Reports
Our comprehensive reports draw on thousands of industry case studies to benchmark your current practices.
The TCO Report
The output from this report will show what it’s costing your organization in your current HCM environment. It offers executive-level summaries and allows you to dive deep into the specifics, including the formulas behind the top-level figures. Access survey questions and responses at your fingertips.
The ROI Report
In the ROI report, you will see how the total cost elements interact and how shifts in services and technology can influence the outcome. This data provides decision-makers with a clear understanding of the impact of their HCM investment.
Contact Us
Shane B. Watson
President, CEO
Strategic Business Solutions, Inc.
435.840.0268
swatson@sbsicva.com
R. Lynn McCoy
Program Director
Strategic Business Solutions, Inc.
801.441.8454
rlmccoy@sbsicva.com