SaaS (Software-as-a-Service): Why it’s Awesome

A recent study conducted by IDG Connect revealed that 53% of the respondents, which included IT executives working in organizations with 1,000+ employees, are still using outdated on-premise solutions for Human Resources. Thankfully, more than half of those respondents are planning to switch to a cloud-based SaaS solution within the next six months.

Gartner Group projects 2015 SaaS sales will reach $21.3bn. Customer Relationship Management (CRM) is still SaaS’ largest market – however, HRM, ERP and CM solutions aren’t far behind.

SaaS is poised to revolutionize Human Resources. But what exactly is a SaaS solution? And why are SaaS solutions all the rage?

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Defining HR Software Solutions: Nobody said it was Easy!

Do you know your HRM from your ATS and your TMS? If not, don’t worry. Even people like us, who’ve been around the HR software solutions business for years, get them mixed up sometimes.  To eyes both trained and untrained, these three solutions appear to cover the same ground – but in actuality, there’s a world of difference between them. And so for your edification as well as ours, we decided to peel away the gray and set things in black and white once and for all. Without further ado, here are eConscribi’s official definitions of the three most common HR solutions:

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