July 20, 2020
When it comes to selecting software for your HR tasks, it is important to consider whether you should use an all-inclusive model or best of breed. While there are advantages and disadvantages to both, it ultimately comes down to what is best for your business in terms of usability, functionality, cost, supportability and integration.
With a best of breed model, a company focuses on one service or product that has a more comprehensive, and better, breadth and depth of functionality than all others in the market. While all-inclusive systems may have the convenience factor of having all modules on one platform, not all modules are created equal. These systems tend to take a “one size fits all” approach rather than be structured and configured to your individual needs.
To incorporate the best systems and services, it is a good idea to explore stand-alone products that can integrate with the other systems you are already using and deliver world-class solutions that save you time and money.
Here are a few advantages of a best of breed model:
- A higher standard of quality
Because a best of breed service or product is specialized, it can focus on providing a thorough and robust solution. Your specific business requirements are incorporated into the platform, so you get the complete functionality you need. This will free up your resources by reducing wasted time and money spent on trying to make lower quality products meet your needs. These solutions help all involved to be more efficient and effective in their work.
- Meets all of your specific needs
In a best of breed model, the features, usability and comprehensive functionality are often the biggest draw. The creators of the product deeply understand the functions required from the software, and best of breed products are more likely to meet more, if not all, of your requirements. Also, new features are added frequently based on user feedback and market trends.
- Easy to update
With specialized platforms, maintenance normally runs behind the scenes. This creates an unbroken workflow that allows more to be done. A big plus is that the whole system is not shut down when updates are needed. As a stand-alone product, scheduled maintenance of the system does not affect your other systems either.
- Dedicated Service
Companies who build best of breed products offer more specialized customer service. They know the detailed needs of their clients, industry, best practices and regulatory requirements and can confidently handle any issues or questions. This focus gives way to devote more time and effort to customers.
At BenefitElect, we pride ourselves on making benefits administration and employee data management simple and accurate. We prioritize dedicated customer service and work with each client to create a platform that integrates seamlessly with their other systems and meets every business requirement. The best of breed model allows us to offer maximum value and an excellent user experience to our customers.