Ventana Research has just published the 2015 Value Index for Payroll Management. SAP payroll Processing has been awarded the Hot Vendor ranking and the highest overall ranking! This means SAP outranked ADP, Ceridian, Workday, Ultimate Software, Oracle, and Kronos. For SAP this proves that its robust Payroll Processing solution is still the market leader. You can find the detailed ranking here: Payroll Management Software Rated in 2015 Ventana Research Value Index
What does this mean? How were we evaluated?
This is a great achievement, as it demonstrates our continued leadership in Payroll Management. The Ventana Research Value Index for Payroll Management is based on a comprehensive examination of vendors’ products in seven evaluation categories, five that evaluate the products’ ability to support the full payroll process and two that address vendor validation and total cost of ownership/return on investment.
The Ventana Payroll Management research value index is a distillation of a year of market and product research made by Ventana Research. It rates the following product related categories: Usability, Manageability, Reliability, Capability, and Adaptability. In addition, TCO and ROI are considered. SAP Payroll Processing was rated higher than all other participating vendors.
The Value Index for Payroll Management in 2015 shows that SAP is the top supplier! According to Ventana Research, SAP ranks first Overall and also ranks first in the Reliability, Capability and TCO-ROI categories.
SAP Payroll Processing is in use by more than 7,600 customers and it is undisputed for reliability. SAP Payroll Processing is localized in 54 countries and SAP Partners offer an additional 38 countries. This means that SAP customers can run a localized payroll in over 90 nations around the globe. Ventana Research also validated that customers experience high Return on Investment and low Total Cost of Ownership when the payroll is in full operation.
The SAP Payroll Processing solution is a highly configurable solution which can be implemented by a vast ecosystem of partners. In addition, The SAP Payroll is offered on-premise, in the cloud or via BPO partners. This flexibility helps customers to implement the solution according to the need of their business operations in every location they operate in. SAP Payroll Processing customers experience lower TCO and higher ROI as a result.
Recent innovations delivered via the SAP Payroll Processing control center add-on are improving payroll accuracy and at the same time providing a boost to usability. Ventana Research therefore ranked SAP’s solution high in this category.
Check this link for the full report or an executive summary: Payroll Management Value Index
Source: Copyright – Ventana Research “Payroll Management 2014,” December 2014. This chart was published by Ventana Research as one representation of its research findings which assessed payroll management vendors and products. Ventana Research’s ratings are not intended to endorse any vendor or product, nor do we advise organizations to use this chart alone in determining vendor selection. The full Ventana Research Value Index Market Report is available through Ventana Research for purchase. Learn more at http://www.ventanaresearch.com/PayrollMgtValueIndexPR/