Human Resources Software, Hosted or Purchase

>updates either, since the provider maintains all such
Before you begin evaluating HR software systems, it'sdetails.
a good idea to determine if you are looking for aLower Up-Front Costs
hosted solution or to purchase one out right. This articleWith ASP applications you will usually pay some type
explains the benefits of each.of minimal setup cost, but once the system is live you
If you purchase your Human Resource Informationwill pay a monthly amount per employee. Costs range
System (HRIS) products you will maintain your data onfrom $2 to $5 per employee per month. So the up
your own servers. An ASP system allows thefront costs is less but over time (usually a couple of
customer to maintain their information on theyears) you end up spending more for an ASP solution
provider’s server and access that datathan if you’d purchased the product outright.
remotely.With that in mind you need to weigh the importance of
Advantages of ASP HR Software Products:the other benefits.
Contingency PlanningAdvantages of Purchasing Your HR Software
I live in Tampa, Florida. In 2004 our state was hit byProduct
four hurricanes. I have had a number of customersThe disadvantage of ASP systems is that, over the
ask about contingency plans in case of a storm. This islong term, they can be expensive when compared to
one of the advantages an ASP system can offer; thepurchasing a system outright. If your company plans to
data is not on your server, so as long as you haveuse the HRIS solution you pick for at least five years, it
Internet access your data will be available to you.will be far more cost-effective to actually purchase
No IT Involvementthe application. And if your company is looking to lower
Other advantages are automatic updates and freedthe up front investment and pay over time, remember
server space at your location. Your IT staffthat most companies will offer a lease to own option
won’t have to maintain or house the data withon the software.
an ASP system. They won’t have to install