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HCM Reporting Stats

Data Quality Stats

HOW MUCH COULD YOU SAVE?

97 %

Of organizations use data to power systems.

41 %

Of organizations spend a majority of their time preparing data for insight.

$8.2 M

Is the annual amount that the average organization loses as a result of bad data

52 %

Of organizations say that they rely on educated guesses or gut feelings to make decisions based on their data.

88 %

Of spreadsheets have errors.

66 %

Of revenue boost seen from implementing data quality best practices.

7,125,946 +

Data records are lost or stolen everyday.

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Average cost of HR Technology per year

Small $332,500.00/year
 
Medium $1,662,500.00/year
 
Large $2,660,000.00/year
 

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Future areas of investment

#1
Real-time Data Analytics is the number #1 area for investment of time and resources.

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How reliable is your SAP HCM data?

Regardless of your official reporting solution, virtually every user still loves to work in Microsoft Excel.

 

Reliability of Data Used for Reporting and Analysis: 51.6% say that their data is “somewhat reliable”.

How much time goes into
HCM reporting?

HR managers say they spend the bulk of their time on the following HR analytics and reporting activities >

HOW MUCH COULD YOU SAVE?

37.1%

Validating data accuracy across reports

27.4%

Merging data from multiple sources

45.2%

Building custom reports for ad hoc requests

Statistics related to HCM Reporting challenges.

Does this apply to you too?

HOW MUCH COULD YOU SAVE?

0%
100%
50%

of this time is spent on manual data input and is among the biggest challenges to meeting reporting deadlines.

30.6%

Time spent on manual adjustments

27.4%

Lack of standardized HR tools across the organization

Want to see how much you can save your organization each year with automated reporting?

Query Manager™ ROI Calculator

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Thank you for submitting the details for your organization. We have just sent the results to your email address.

According to your estimation, the number of custom ABAP reports which are being used by your organization today is 325.

These custom reports were built by ABAP programmers, who took around 25 hours to create each one. This means a total of 8,125 hours. At an average hourly rate of $100 per hour, your total original investment in creating these reports adds up to $812,500 (USD).

On average, existing reports require a review and update at least once a year to ensure that they still function, in line with security, regulatory updates, patches etc. At a minimum, it takes 5 hours to review each of the 325 reports. Based on an average hourly rate of $100 per hour for an ABAP programmer, your ongoing annual cost is in the region of $162,500 (USD).

Added to this is the cost for each new report developed. You estimated that you create an average of 55 new reports every year. With ABAP programmers averaging approximately 25 hours to create each one of these reports, the new reports take a total of 1,375 hours. At an average hourly rate of $100 per hour, your recurring annual cost for new reports averages around $137,500 (USD).

Summary:
Your original investment was $812,500 (USD)
Your ongoing annual cost (maintaining existing reports, and creating new reports) is $300,000 (USD)

POTENTIAL SAVINGS: $300,000 (USD) EACH YEAR

You could save your organization lots of money each year by switching to Query Manager™, the SAP HCM reporting solution from EPI-USE Labs. Reach out to us for a free demo to see how you can save by using automated reporting.

REQUEST A QUERY MANAGER DEMO

Moving forward, you won’t have to invest such a large sum for creating custom ABAP reports; you’ll have the tools at your fingertips to do this yourself.
Access all your data from a single solution in SAP, create your own professional reports, and streamline your business HCM reporting with our secure, SAP-certified solution.

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