Many don’t understand the similarities and differences between web hosting and cloud computing, and while some believe they are one and the same thing, this isn’t the case. Sure, they are both hosted off-premise and can be accessed remotely through an internet connection, but that is where it stops.
The major difference between the two is the cloud’s multi-tenancy, which allows resources and costs to be shared among a wide range of users, enabling economies of scale and enabling infrastructure to be of numerous machines, with better peak-load capacity and better utilisation.
Perhaps the most compelling benefit of true cloud software to customers, is the speed of development of new modules and features, and the ability to rollout new features daily, instead of once or twice a year. In addition, it means that there’s no need for manual testers to test software, as all updates are tested in real-time, using automated testing methods. By using robotic processes, teams can focus on product innovation and giving customers the benefit of being at the forefront of technology.
Cloud servers allow businesses to enhance IT performance without the staggering costs involved with buying and managing their own infrastructure. They are perfect for companies whose workloads and demands vary, as they offer on-demand utilities, multi-tenancy capabilities with uninterrupted scaling, and features that adapt alongside the business.
There’s no hassle for customers in terms of maintaining software and upgrading hardware, and no intervention is needed from IT either. Security too, is taken out of their hands, as the provider handles this all, including SSL encryption, vulnerability tests, and ensures the availability and performance of the software.
So, what does this mean for customers? Firstly, it means access to your most critical Payroll & HR data in a risk free, always up to date, secure online environment accessible from anywhere in the world, with the knowledge that you will never have a product with static features.
Another major benefit is consumption-based billing, because customers only pay for what they use. It can be instantly scaled up or down, with zero hassle.
In terms of performance, the very nature of the multi-tenant architecture makes it far more agile for the different parts of the technology stack, so optimum speed and reliability is guaranteed.
Having a single instance allows the cloud provider to deliver more efficient and effective service and support, including troubleshooting and problem resolution, because all customers are on a single version.
At PaySpace, we have a single instance, multi-tenant platform, that consolidates payrolls and HR data across 43 countries in Africa. We offer intelligent workflows and guidance in the product, second to that, customers can also make use of our knowledge base, giving them access to tutorial video content and tools.
The cost benefit of using intelligent Cloud Payroll & HR software is the reassignment of resources on more strategic functions instead of arduous manual processes.
With PaySpace, the “No app required” method for employees and managers, allows them to gain real-time and secure access to their personal data or action-specific HR processes on any smartphone and tablet. Best of all, data is automatically backed up in a secure environment.