While it may sound like a complex technological buzzword, ‘SaaS’ solutions make your HR work a lot less complicated. We’ve heard your concerns about SaaS solutions and we’d like to assure you that some of these concerns ought not to be worried about.
According to a CIO.com article, it was estimated that 90 per cent of Fortune 1000 companies made plans to replace their human resources management software in four years. That feature was published in 2013 and, since then, we hope that a good handful of these companies have fulfilled that objective and swapped their traditional (read: ancient) on-premises systems with Software-as-a-Service (SaaS) HR solutions.
Unfortunately, most companies do not have access to the kind of financial wealth enjoyed by Fortune 1000 corporations. This, however, shouldn’t be a reason to stop them from tapping on SaaS solutions to help them meet their HR needs. This highlights one myth about SaaS that we want to debunk today – that of such technologies being costly. Read on to find out more!
Myth 1. SaaS solutions are expensive
It probably might seem like a burdensome, additional expense now, but SaaS technologies help you save costs in the long run. SaaS solutions digitise complicated HR processes, thereby allowing HR professionals to focus on other more pressing tasks and increase their productivity in those areas. This effectively translates into an increase in output and bottom-line.
CareerBuilder prides itself on HR solutions to meet the needs of various organisations – these solutions include CareerBuilder1, a modular system that allows you to identify which aspect of your HR ecosystem is lacking and help you make adjustments accordingly. A modular system would mean that you only pay what your HR solution warrants and nothing more.
Myth 2. SaaS solutions are not secure and reliable
The ‘SaaS’ term is considered part of the nomenclature of cloud computing, and many traditional workers might feel iffy about placing full reliance on the ‘cloud’ considering that it is difficult to entirely understand something you cannot visualise.
However, consider that unlike on-premise solutions which have suffered data loss and exposure, SaaS solutions that function on the cloud allow you to store your data reliably and securely. This means that in the case of a rare system failure, your data is still stored in a mysterious place in the cloud, safe from cyber attackers and the like.
Myth 3. SaaS solutions are only for big companies
In fact, companies of all sizes have reaped the benefits of SaaS solutions. These solutions include an Applicant Tracking System (ATS), a system enabling the digital handling of recruitment matters. An ATS cleverly handles a variety of process – for instance, it allows you to check on a candidate's previous job submissions and glean information such as reasons behind a candidate's failure to meet shortlising requirements previously. All this can be done in real time, so absolutely no time is wasted.
Furthermore, an ATS is able to sort through hundreds of resumes, identify any duplicate applications and help you determine the most suitable position for a particular candidate. The best part? Small companies can tap on an ATS even if they don’t possess strong IT capabilities.
There you go! The top three myths on SaaS HR solutions dispelled. Now, go forth and make right decisions for your company (by investing on an instrumental SaaS software!)
