# What is a Cost-Benefit Analysis in HR Software?

Cost-benefit analysis compares software costs with benefits like time saved and reduced turnover.

Source: https://faqtic.co/glossary/hr-software-cost-benefit-analysis

## Why it Matters for SMEs

- Justifies spend
- Reduces risk
- Guides choices

## Example in Practice

Factorial saves 20 hours/month in HR admin.

## Frequently Asked Questions

### Why use?

To prove ROI.

### What include?

Costs, time savings, risks.

### Factorial benefits?

Clear time savings.

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