You may be searching for the best payroll solution or perhaps just trying to understand cloud payroll better.
In that case, this article is for you.
Cloud technology is one of the biggest game-changers of the software services industry.
In this article, we will discover the differences between True Cloud and Fake Cloud Solutions and give insight on why and how to future proof your Payroll.
(Fake Cloud Vs True Cloud)
One of the biggest misconceptions around cloud solutions has been created by the option of Fake Cloud and True Cloud solutions, although both marketed as Cloud. This misconception has resulted in many companies ignorantly investing in a Cloud Solution that they believe in having the benefits of a True Cloud Solution only to realize a few months later that these “benefits” don’t seem to be materializing.
What is Fake Cloud?
Fake Cloud uses a legacy program and hosts it on a cloud. It holds some benefits of Cloud but still has its limitations as a legacy system. The main drawback is that it is not inherently designed for Cloud.
Want to know more about Legacy Systems?
What is True Cloud?
True Cloud uses multi-tenant software with self-serviceable offerings, quick disaster recovery, pay-as-you-use cost structures and greater redundancy systems with automated updates. In essence, True Cloud Solutions are built for Cloud.
The Difference that Will Future Proof Your Payroll.
At the end of the day, what we want from software is to do the job we got it for – in this case, manage our Payroll. Not only that but to also work for many years to come. Unfortunately, not all software is alike, and as we have established above, not all Cloud is either.
So what option do we have that unites the best of Cloud and Payroll Software for us to get the best solution? Furthermore, is it going to cost more?
For these questions, we get our answers through True Cloud.
True Cloud – Best of Both Worlds
True Cloud brings together the best of both worlds because of its service method; True Cloud bases itself on SaaS.
Software-as-a-Service enables users to connect to and use cloud-based applications by using the internet. Known examples are G-Mail, Gsuite, and Microsoft 365. SaaS allows you to pay to gain access to the use of an application for yourself, other users, or an organization. Users can use the internet to access the software located in the service providers data centre. The data centre stores all user/organization data and runs and maintains all the necessary infrastructure and software essential for the service. The SaaS Provider ensures app and data security.
One of the most significant benefits of SaaS is gaining access to incredible software without all the investment and risk required for it.
Here’s a quick list of some more benefits that SaaS Provides.
- Only pay for what you use.
- Access data anywhere, anytime.
- Users can log in from anywhere – You and your workforce.
“TRUE CLOUD PAYROLL IS THE FUTURE”
FUTURE PROOF YOUR PAYROLL
The unchanging certainty of the future is constant change. In the world of Payroll, technology has been increasingly instrumental in bringing about a better future through change. You may remember there was a time when many businesses ran their Payroll solely on paper. Paper was the only true record of your processes and interactions as a business. Now, we are in a time where companies are running on computers and the internet. We have access to software that is able to track, report, and bulk update with ease.
By choosing a True Cloud Solution, you are taking a jump into the future of Payroll. Just as technology brought about advantages, here are the advantages True Cloud has made a reality.
1. Never Backup
Conventionally when you access software with a pc, you need to save your work as you go and create a backup, perhaps every day or weekly, and save the backup on to a second, possibly third device.
However, with True Cloud, the infrastructure that runs the software seamlessly saves your data as you input it and has disaster recovery systems in place that requires no intervention from you.
This is how you will enjoy never having to back up again.
2. Better Compliance
Remaining compliant has become a lot easier. True Cloud Solutions apply all legislative requirements to your data without you needing to install an update. True Cloud solutions also have the newest system measures to prevent non-compliance. Furthermore, some True Cloud Solutions can link with your governing tax body and submit reports before due dates. All these features are great, but compliance is in your hands at the end of the day; this is why many cloud solutions have built-in notifications to tell you of changes, as well as newsletters and forums.
3. No Maintenance and Updates
When you host your data in the Cloud, you have no maintenance worries, no updates to run, no restarts, no system requirements to adhere to, no software or hardware upgrades to make.
4. Never Lose Traction While Scaling
Imagine that any device you use can become a window to your payroll data. With the ability to work from anywhere, you can have your workforce from anywhere at any time!
5. Top Security
Excellent True Cloud Solutions will adhere to a trusted body’s international security standard certificate. Such as an ISO 27001 certificate which proves that the system meets all the security requirements set by the International Organization for Standardization.
Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.
There is a big difference between True Cloud and Fake Cloud.
Fake Cloud has been a bridge to link previous programs with the benefits of Cloud. However, True Cloud is a rebuilt system designed to work best for Cloud and perhaps pave a better way for the future.