The Future of Human Resources Will Be SaaS


SaaS (Software as a Service) is a fast-growing business model for acquiring, using and paying for functionality, including recruitment, hiring and human resources functions.

The future of SaaS for Human ResourcesTwo key things are behind the popularity of the SaaS pay-as-you-go model for human resources functions: low investment and deployment costs.

As a result, SaaS will be widely adopted in a variety of small- and medium-sized business (SMBs), and human resources functions. According to this infographic from Staff.com, the SaaS industry will reach $21.8 billion in sales by 2015.

Human Resources: Free live ovation demo

What these numbers show is that there are prominent business advantages of SaaS for enterprise business applications. SaaS will provide tremendous value to SMBs, by working

with the advantages of the SaaS business model—improving business operations and improving the fulfillment of the growth challenges of human resources for small and midsize businesses.

Key industry trends that will contribute to the rapid global expansion of SaaS include examining ways to reduce recruitment, hiring, onboarding and other human resources costs.

10 reasons SaaS works for human resources functions:

Affordable

Unlike traditional software, SaaS is a subscription service that includes upgrades, service and customer support. SaaS subscription models generally operate on a monthly subscription basis with no massive up-front costs.

Quick to Deploy

For SaaS, all you need is internet access and a web browser and. That is it; you are ready to go. Traditional software can take weeks to months to organize, SaaS solutions do not require any software and you get access your new software instantaneously.

Zero Infrastructure

Your SaaS dealer handles the infrastructure. SaaS vendor will take care of all of this, so you don’t have to.

Continuous Upgrades 

The SaaS provider manages all software updates and upgrades, eliminating the need for downloading patches or regular updates. You will always have up to date software.

Guaranteed Service

With traditional software, you have no guarantee on performance. With SaaS, you are guaranteed a level of service.

Backups and Data Recovery is Automatic

Traditional software has costly automated solutions for the process of backing up data on a regular basis. Even at its best, backup and recovery are difficult. SaaS eradicate this painstaking chore, initiating automatic backups without the need for user intervention.  This ensures data integrity.

Work Anywhere

With an internet connection, SaaS can be accessed worldwide. Users can access their data and work from anywhere. This is perfect for home-workers or for people working across multiple sites.

Security

Information is more secure with SaaS than in traditional software. In the event an accident occurs in one location, a second data center can continue providing the service.

High Adoption Rates

Since SaaS is over the internet, there is no learning curve because employees tend to already are used to working online.

Customer Relationships in the Long Term

This is the most significant. SaaS providers ensure you are long-term happy customers. Contrast this with out-of-date software vendors making profits only on the initial software license deal with a relatively small ongoing support payment. The focus is on you buying the license, not on long-term maintenance.

Infographic after the jump …  Continue reading “The Future of Human Resources Will Be SaaS”

Human Resources Seduced by the Cloud?


The ease and cost-effectiveness of cloud-based technology can be extremely seductive for human resources. Why not? SaaS can automate many HR functions, leaving more time to develop and promote top talent.

Although there are many reasons why the cloud will seduce human resources, here are some ways to keep it from becoming HR’s next nightmare!

Human Resources: cloud compliance infographicFor many companies, the choice is crystal clear. Providing the human resources function in today’s marketplace, your business must start looking to the cloud.

However, there could be a massive problem. If done wrong, moving HR to the cloud could be your next human resources nightmare.

The good news; it doesn’t have to be.

Software-as-a-service (SaaS) transforms the way business, especially human resources, handles daily operations. From recruitment and hiring, to onboarding, training, timekeeping and compliance, cloud-based services has made many HR functions quickly, conveniently and almost automatically.

The key to cloud-based SaaS is going with the right provider.

You need to ask the right questions when selecting a cloud-based HR technology vendor. In a recent study by human resources consulting firm Towers Watson, nearly 31 percent of companies plan to increase spending on HR software in 2013.

It is no surprise that many businesses are now looking to the cloud for answers to issues like recruitment, hiring and other human resources functions.

Cloud computing is more efficient, secure and less expensive substitute for conventional software. SaaS has few implementation costs, other than a fixed internet access.

Human Resources: Free live ovation demoOf course, human resources departments are responsible for monitoring the legal exposure for businesses. Due diligence is essential to make sure your cloud-based provider will keep you in compliance, protect employee information, and offer the best system functionality, reliability and security of your data.

Follow this infographic, and avoid a disaster in the cloud.

Infographic after the jump…

Continue reading “Human Resources Seduced by the Cloud?”

Wired: Look Forward to a Post-Subscription Software Sales World


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The cloud is everywhere, and it is poised to consume virtually every business. But will it be the same “cloud” we know today?

The spread of Software-as-a-Service (SaaS) is only just starting to transform the way we consider enterprise software. Cloud-computing and other subscription-based programs are being embraced by everyone from leading organizations (Salesforce, Oracle and IBM) to human resources departments (Taleo, Kenexa and Ovation Technologies), small business and the average consumer (Adobe Creative Cloud for individual subscriptions of their popular Creative Suite).

As of now, the most common form of SaaS is based almost exclusively on subscriptions, with regularly occurring expenses that can be monitored and budgeted.

According to Michael Ni, CMO/SVP of Marketing and Products at Avangate, that may be changing. In a blog post in Wired magazine online, Ni writes:

Subscriptions as we know them today in technology are a small piece of what the software market will look like in the future, much like CD-ROMS became just one small aspect of the overall software market made up of CD/box delivery, downloads, and SaaS.

Ni recommends that, for the future of business, there are four ways for a company to “go beyond just integrating a billing and subscription engine” to making SaaS an integral part of the business model.

Read the entire article at Wired.com.

Continue reading “Wired: Look Forward to a Post-Subscription Software Sales World”

2012: The Year of HR Software


English: Diagram showing overview of cloud com...

If one thing can be said about 2012, it is that it was an exciting time to be working in the cloud, especially for human resources professionals.

2012 brought several innovations—from advances in Recruitment and Hiring to onboarding, HRMS and payroll—with cloud-based software revolutionizing the way HR works.

Continue reading “2012: The Year of HR Software”

SaaS: Enterprise Software Vendors Still Deny Reality


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The Software-as-a-Service enterprise market is big — some estimates put it at $1 trillion — with small, start-ups playing a huge part in this new business model.

Some companies are ditching old platforms for new cloud-computing providers, offering affordable (or even pay-as-you-go) systems that are implemented in days, not months.

This is a tantalizing prospect for organizations facing shrinking budgets and profits.Even though a few big companies are gearing up for what could amount to a huge transfer of wealth, many are simply not paying enough attention.

This could be a very costly mistake.

In this article for readwrite.com, the suggestion seems to be for everyone to “wake up!” It is not a matter of “if” companies jump on the SaaS bandwagon, but “when.”

While some are buying up the competition while they still can or building their own SaaS-like operations, others are hiding their heads in the sand. For them, at least, the results aren’t going to be pretty…

See more on readwrite.com

 

For the Holidays, Retailers See More In The Cloud


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Everyone knows this is the best time of year retailers.

For retailers using the cloud for e-commerce, this holiday could be one of the best.

Analysts say e-commerce platforms have now become mandatory, essential software for any retailer, from a business-to-business or business-to-consumer company.

Everyone is beginning to see the power, efficiency and affordability of cloud-based  computing — in retailing, recruiting, hiring and talent management.

This could be the year to make or break companies based on the level they have adopted these new sales and marketing tools. for those organizations that have embraced cloud technology, it could be a turning point–for those that lagged behind, some heads may certainly roll.

That is what makes the 2012 holiday season so exciting; each day that passes, the tension builds even more.

See the entire article on www.techworld.com.au

Why Wall Street Loves SaaS


Why Wall Street Loves SaaSSoftware-as-a-Service companies have shown a tremendous success on Wall Street—since July, the stock of Human Resources Management pioneer Salesforce.com rose a whopping 828% a share. Stock in enterprise software company Workday shot up 73% on opening day of trading.

The success of the wildly popular Salesforce.com Inc., as well as the Workday IPO from earlier this year, are indications that Software-as-a-Service (SaaS) is an attractive business model to investors—and getting lots of love on Wall Street.

Continue reading “Why Wall Street Loves SaaS”