It is evident that cloud-based HR software is being adopted by enterprises like never before. Recent reports revealed that over 50% of businesses have opted for cloud-based HR solutions in 2015. HR management software has been around for decades; why are most companies taking their HR systems to the cloud now?
Low costs
The cost savings associated with cloud software are significantly more when compared to on-premise systems. Unlike installed software that requires upfront license fees and multi-year contracts, cloud HR solutions are used on a pay-as-you-go basis. You will need to sign short contracts to have greater feasibility to terminate the contract.
Faster deployments
Since the vendor takes the entire responsibility of IT infrastructure, you will not have to worry about the deployment. You can set up the software much faster than ever before. Data uploading and system configuration are simpler too.
Getting updates is easy
Getting software updates is a time-consuming and expensive process. But, it does not have to be that painful. You can configure the system to fit your requirements. All the updates will be provided by vendors; hence you need not worry about updating your software.
Accessible to any device
Today, people would like to deploy intuitive and responsive applications, and hence majority of SaaS-based software providers are developing such applications to allow users access to the apps on any device, irrespective of operating system, browser, or screen size. This approach will facilitate the workflow and users can access the required data on demand.
Hence, cloud-based HR software not only eliminates time-consuming process but increases efficiency across a host of people-related activities. With HR management software, recruitment becomes simpler, performance reviews becomes easy, and the company’s compliance is assured. HR can focus on value-added activities and managers can make better decisions across the business lines.
