Why Buy–Not Build–Your People Analytics Solution

• Analytics & Modeling - Predictive Analytics
• Application Infrastructure & Middleware - Data Exchange & Integration

• Finance & Insurance

• Business Operation
• Human Resources

• Software Design & Engineering Services
• System Integration

At a financial organization employing over 5,000 people, the HR team faced a tough choice: build a people analytics platform to meet their data needs—or purchase one. Their HR Technology and Analytics Leader had implemented a custom solution created in-house at previous employers, so he knew the high cost of a bespoke solution and the demand this project would place on IT. At earlier positions, the leader said their custom data warehouse with Workday and best of breed applicant tracking and learning management system integrations took approximately two years to complete. Between this long lead time and the resourcing challenges, building a custom people analytics solution internally at the organization just didn’t make sense. Instead, HR chose Visier to meet their people analytics needs.

The customer is a financial organization with over 5,000 employees. The HR team at this organization was tasked with the challenge of implementing a people analytics platform to meet their data needs. The HR Technology and Analytics Leader had prior experience with custom solutions created in-house at previous employers, which provided him with insights into the high costs and demands such projects place on IT resources. This experience influenced the decision-making process at the financial organization, leading them to consider both building a custom solution and purchasing an existing one. The organization ultimately decided to purchase Visier to meet their people analytics needs, aiming to avoid the long lead times and resource challenges associated with custom solutions.

The HR team at the financial organization decided to implement Visier to meet their people analytics needs. Visier took six months to get up and running, which was 18 months faster than a comparable custom solution. This quick setup time allowed the HR team to start seeing ROI through new insights and standardized tracking across the organization. Visier's implementation provided the organization with several benefits, including significant time and financial resource savings in maintenance. Unlike a custom data warehouse that requires its own headcount and many hours to maintain, Visier handles all maintenance on its end. This means the financial organization doesn't need additional dedicated employees or a time-consuming maintenance schedule. Additionally, Visier provided the HR team with access to standard metrics that are easy to explain and benchmark. This eliminated the issue of different departments ending up with different calculations, leading to more accurate data and fewer cross-departmental headaches. Although the team is still adding more data into Visier, the solution has already given them immediate access to granular information. The HR team now has a seat at the table when it comes to the analytics of what's going on in the organization, allowing them to provide meaningful numbers on demand to their leaders and drill down into the data as needed.

• Visier's shorter integration time translated into 18 additional months of useful people analytics data without making additional demands on an already stretched-thin IT department.
• Visier saves the organization significant time and financial resources when it comes to maintenance, as it handles all maintenance on its end.
• The HR team now has access to standard metrics that are easy to explain and benchmark, eliminating cross-departmental discrepancies and headaches.

• Visier took six months to get up and running, which was 18 months faster than a comparable custom solution.