What are the advantages of using software-as-a-service (SAAS) approach of storing HR data?

What will be an ideal response?


In the software-as-a-service (SAAS) approach of storing HR data, an organization rents services and software from a vendor. Rather than store data on company servers, they are stored on the software's servers off-site and accessed via the Internet. Advantages include vendor responsibility for maintaining and updating the software, access from any device with a Web browser and any location with Internet service, cost based on employee headcount, and data managed on remote servers.

Business

You might also like to view...

On December 31, 2018, Globe Company borrowed $500,000 by signing a five-year, 8% note payable. The note is payable in five yearly installments of $100,000 plus interest, due at the end of every year beginning on December 31, 2019. Which portion is classified as the long-term portion of Notes Payable at December 31, 2018?

What will be an ideal response?

Business

When the date of declaration and the payment date occur in the same period, the amount of dividends shown on the statement of stockholders' equity and on the statement of cash flows will be equal

Indicate whether the statement is true or false

Business

Psychologists use the term epistemic ________ to describe an individual's desire to develop and hold a rich and accurate understanding of the world, including the negotiation problem at hand.

Fill in the blank(s) with the appropriate word(s).

Business

Microsoft Access 2013 switchboards build command buttons by using the ________

Fill in the blank(s) with correct word

Business