Are you still on the fence about moving from premise-based operations to cloud-based, or SaaS (software as a service) solutions? With the costs and efficiency of migrating Workforce Management (WFM) processing and storage to cloud-based infrastructure, the benefits are getting hard to ignore.
According to a survey from Microsoft 365, 82% of SMBs report reduced costs as a result of adopting cloud technology, while 70% are reinvesting the saved money back into their business. In this post, we’ll highlight the 3 main valuable benefits of switching to cloud-based WFM systems:
By moving to the cloud, you can help to reduce operational costs in several ways. Switching to the cloud reduces your dependence on IT infrastructure, which means you can maximize your IT budget or even eliminate the expenses of IT maintenance altogether. With the “pay as you go” approach, your business won’t be on the hook for ongoing support, maintenance, power, cooling, and staffing while you grow.
Slow IT response times usually result in HR and payroll issues that affect workflow. Moving to a cloud-based WFM system will help streamline and improve your IT processes with automated updates, daily data backups, and security reviews. With a company that specializes in SaaS, you can have the peace of mind knowing that systems are in place to prevent downtown and slower response times.
Migrating to the cloud means that you and your employees can access necessary data and business information at any time and anywhere in the world. This gives you real-time data, which can lead to faster and smarter decision-making. That opens the door to new opportunities for your company to grow and expand while operating in the same manner. Staying up-to-date on the hours and whereabouts of your employees gives you a full overview of your business.
Migrating to a cloud-based Saas solution is also quick to implement because the infrastructure is already in place. All you have to do is integrate your payroll system with the WFM system, and with your login credentials, you are ready to go.