Success counter:
_Cost savings of 59% for recruitment software
The Hague, 22/01/03
For immediate release
Peoplexs offers a calculation model to calculate the 'Total Cost of Ownership', enabling a comparison between different types of recruitment solutions
Due to the fact that Peoplexs offers an ASP (Application Service Provider) service in which we supply our software through the Internet on a rental basis, no hardware or software has to be acquired. Therefore IT personnel or consultants, who maintain and upgrade the installation, are not necessary. This could mean yearly cost savings of more then 59%. The calculation model shows that the 'Total Cost of Ownership' of Peoplexs lies between 20% and 31% compared to comparable client/server solutions.
Contact PeopleXS to acquire a copy of the calculation model.
The 'Total Cost of Ownership' (TCO) shows the total costs involved with the acquisition, development and maintenance of a software solution. Because company management demand predictability and responsibility for the TCO concerning the company's liquid assets, TCO has become a popular managerial instrument in selecting (recruitment) applications. Although the determination of the value of peoplexs is wider then only the TCO, the cost savings that can be attained with an on-line recruitment application are ideal for senior management to implement strategies to reduce costs and improve profits.