How is BLOOM an Economical Choice for Small Business?
METHODOLOGY BASED ON EXPERIENCE THAT YOU DON'T HAVE TO LEARN
We have factored the actual time and expenses invested annually with clients using the system in terms of the required service, support, secured system costs, servers, etc. The best part is that the greatest savings is not just your time from not needing to create a talent management system from scratch. It is possible to implement and track a talent management system without the luxury of an HR professional on staff.
AUTOMATED FEATURES
The BLOOM system is automated with completion wizards and email notifications for due activities. The system is designed to be a weekly business management tool saving time in documenting and tracking strategic initiatives, employee goals, performance logs, job descriptions, training, performance reviews, policies, procedures, and much more. Typically, these details go undocumented or hours of time are wasted tracking down and creating information when it is needed. Also, BLOOM offers a library of tools. New system features are added each year at no additional fee and they are solely based on user feedback.
FORCES THE RIGHT NEW HABITS - JUST BE COMMITTED
The biggest consideration is timing. If your team does not plan on using the tool to the extent that it is intended with the first six months, then perhaps it is not the right time for you. BLOOM does require forming new habits and we find that small businesses owners who make the investment and form those habits find the benefits of this user-friendly and time-saving system. Plus, they ultimately save a lot of money by not hiring a HR person and not being forced to create homemade tools to manage their talent. In fact, many of our small business clients can't afford to have a HR person on staff which is why they choose BLOOM. In every case, no investment is best until you are really ready. We always find that it is important as a management team to be clear about their needs and intentions - and be sure that you are unified on using such systems before you commit to them.
SUPPORT THAT SMALL BUSINESS NEEDS
Plus, BLOOM offers support services for related management development along the way. Included in the Level 1 license fee (up to 24 users) is a 2-hour training session and an additional 3 hours ($450 value) of consultation each year, which is typically used at review time. As a SaaS (Software as a Service) strategic HR tool, BLOOM is much less expensive than other robust competitive products and BLOOM is perfectly scaled for small and mid-sized businesses.
ROI
For the benefits stated above, we are confident that small businesses will continue to appreciate the purpose and possibilities of BLOOM and choose to make the investment. On an annual basis, if you have 11 users, your annual cost per employee is $326 to improve communications, focus on performance and achieve accountability for success. When you are ready, the investment for any small business is well worth it!
Remember the 30-day trial is free. Try it out and see the time it can save for your whole team.