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Definition of HR terms
By now, you've probably heard of "the Cloud." But what exactly is Cloud Computing and why does it matter for talent management? Software-As-A-Service (or "SaaS") is a delivery model where applications are hosted and managed off premise, meaning instantaneous access from any internet connection, an ease of use not often associated with legacy HR systems. This is just one of the reasons why SaaS is quickly emerging as the preferred model for technology today and for the future.
Pure SaaS is a complete business model; it's more than just a check box on an RFP. Realising the true business benefits the Cloud offers means choosing a vendor who can do more than over-promise and under-deliver. After all, it's all about delivery. Multi-tenancy means that while the service shares a single solution behind the scenes, they've been designed and implemented with the frontlines in mind and are highly configurable to meet specific business needs. In the true multi-tenant SaaS model, no two implementations of a SaaS product look exactly alike even though they're sharing the same centrally-hosted system.
When it comes to talent management, there's no such thing as "one-size-fits-all." Just as important are the ways that true multi-tenant SaaS develops deeper, more meaningful relationships between providers and clients, which is why choosing the right partner is so important for SaaS success. The fact of the matter is, while there are a lot of vendors saying their 'cloud' solutions can coexist with their on-premise offerings, the truth is that a blended approach misses the point - and the power - of true SaaS solutions.
Here are some critical questions you'll want to ask when considering a leap into the clouds: