ROI Case Study of HiBob Implementation at ecosio

This case study presents the return on investment (ROI) achieved by ecosio after implementing the HiBob platform. The document outlines that ecosio, a B2B integration provider, realized a 706% ROI and recouped its investment in just 2.3 months. The previous HR system was limited and required manual processes, which led to inefficiencies. The transition to HiBob allowed ecosio to automate various HR tasks, resulting in significant time savings and cost reductions. Key benefits included avoiding €302,400 in extraneous headcount costs annually and reducing payroll processing time by 75%. Additionally, the implementation improved employee engagement and retention, with a noted increase in retention rates from approximately 85% to just under 93%. The document details the challenges faced prior to implementation, the evaluation strategy for selecting HiBob, and the primary benefits realized post-deployment. It also discusses lessons learned during the implementation process and provides financial calculations related to the ROI.