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Factoid of the Month
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33%
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Roughly 33 percent of the
$3 billion annual market in time
and attendance software is
currently delivered over the Web.
That ratio could rise to 50
percent by 2010.
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- Paul Hamerman,
Forrester Research Firm Analyst
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Quote of the Month
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"Today, the opportunity is to
utilize the Internet to make
software far more powerful
by incorporating a services
model which will simplify the
work that IT departments and
developers have to do while
providing new capabilities."
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- Bill Gates, Microsoft CEO
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Factors to Consider
When Purchasing a
Web-Based System
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Data collection
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The technology of the
system
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The types of calculations
the system performs
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How the data collected
works with other systems
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Selecting a vendor with
a good track record
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TimeLines August 2008 - SaaS Edition |
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SaaS Brings the Sass to Time and Attendance Industry
Software-as-a-Service (SaaS) applications that are accessed via the
Internet are taking hold in several workforce management areas, including
core HRMS, recruitment and performance management. In fact, "Current
estimates say some 10 million companies worldwide will use Software-asa-
Service (SaaS) in the next five to 10 years.", according to John Hiatt, Executive Editor,
SaaS Business-to-Business Advisory.
The time and attendance world is no different as throngs of organizations are
converting to web-based time and attendance systems. If your organization is considering
following suit, this edition is for you.
To learn more about vendors that can provide you with the right web-based solution for
your organization's needs, join our Web-based
Time and Attendance Forum.
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- Marc Nelson, Editor-In-Chief, TimeLines Newsnote
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Is a Web-Based Solution Right for My Organization?
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Considering a web-based time and attendance solution? Check out some of the
benefits:
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Eliminates the need to license, install, maintain, and manage servers and software at
your site
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Less configuration, less complexity- All you need is a PC and internet connection
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Administration is performed by payroll and human resource staff requiring no IT
expertise
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Lower upfront costs and allows for frequent upgrades
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Web-based solution providers charge on a subscription basis, with some charging as
little as $3 to $4 per employee per month.
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Tech Talk: "Multi-tenancy" |
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How does a web-based system work, you ask? The answer is multi-tenancy. According
to Smoothspan, "Multi-tenancy is the ability to run multiple customers on a single software
instance installed on multiple servers. This reduces operational complexity and cost in
managing the software to deliver the service."
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Tenants on a multi-tenant system can operate as though they have an instance of the
software entirely to themselves which is completely secure and insulated from any
impact by other tenants.
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With a multi-tenant architecture, a software application is designed to virtually partition
its data and configuration so that each client organization works with a customized
virtual application instance.
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According to Rob Bernshteyn of Successfactors, "Multi-tenancy is the reason that
companies can upgrade their software each month." Because a single software code
base can be used by many customers, software vendors can make changes to the
system and make those available to clients much more quickly than they could with
the licensed model.
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