Figure 2: HXM System Adoption Plans YES, WE HAVE PLANS TO IMPLEMENT BY 2024 12% YES, WE HAVE PLANS TO IMPLEMENT BY 2025 14% YES, WE HAVE PLANS TO IMPLEMENT BY 2027 11% NO PLANS TO IMPLEMENT BUT CURRENTLY EVALUATING 26% NO PLANS TO IMPLEMENT AND NOT EVALUATING 37% Figure 3: Barriers to HXM System Adoption TOO EXPENSIVE 38% OTHER PRIORITIES 35% COMPLEXITY OF EXISTING IMPLEMENTATION 25% LACK OF RESOURCES/SKILLS 21% WAITING TO COORDINATE WITH 17% INFRASTRUCTURE CHANGES NO BUSINESS CASE 15% DON’T WANT TO START LONG PROJECT IN CURRENT ECONOMIC CLIMATE 12% NOT ENOUGH KNOWLEDGE 12% DIFFICULTY IMPLEMENTING OR GOING LIVE 8% CONCERN ABOUT FUTURE OF HR SYSTEM 8% ON-PREMISE LICENSES SAPinsider Benchmark Report | HCM and SAP S/4HANA 4