To Suite or Not To Suite: That’s HR’s Biggest Question

As technology continues to advance, it’s hard to picture how we ever managed without the conveniences of today. Just think about getting through the day without your smartphone, which ingeniously combines a phone, computer, TV, address book and more into a single device that fits into your pocket. The ability to combine these disparate functions into one platform obviously provides numerous advantages – instead of having a bunch of different products from different companies, you benefit from one product that includes everything you need. 

The same concept holds true when it comes to talent management. Why collect different products to manage each of the different aspects, like recruiting or learning and development, when you can get them all packaged in one suite?  

In the past, most companies typically took a best-of-breed approach, picking and choosing different vendors for their crucial talent management functions. While this may have been a good idea in theory, many found it to be not so good in execution. After all, you’d have to worry about managing multiple vendor relationships, training HR staff on these various solutions and ensuring the different systems could integrate and talk to each other. And if one of the systems had to be replaced, you’d have to start the whole process over again. 

These are just some of the reasons the industry increasingly demands that their talent management capabilities be combined in a single suite. Recent research from Bersin by Deloitte found that 20 percent of HCM software buyers will replace their standalone talent applications with an integrated talent management suite over the next 12 to 18 months. The research also shows the top drivers for replacing talent management software as the inability to integrate with other systems, a desire to improve the user experience and an inability to get analytics – three things that the right talent management suite can easily improve.

So, when it comes to the question of whether to suite or not to suite, the answer should be clear. Without an integrated talent management suite, companies will continue to juggle multiple solutions from multiple vendors. And while they may think they’re using the best solution for a particular function, if that product can’t integrate with other solutions or be customized for future challenges, it won’t be worth the investment.

As we see with the very mobile devices we use all day every day, integrating the most important functions on a single platform is much more efficient and effective than carrying around a hodgepodge of different products. And companies that continue to take this approach to talent management will be at a disadvantage. Instead, to combat the many challenges organizations face in managing talent, they need an advanced, integrated solution to help them today and into the future.

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