With SaaS tools for HCM you will reduce your Total Cost of Ownership (TCO) because:
- You won’t need in-house infrastructure anymore
- Implementation is rather easy and faster than ERP systems.
- You can use business processes and form templates
- Tool upgrades are transparent: all clients will access to newest versions when made available by the provider.
This is a good summary of all benefits you can expect with SaaS tools:
Please refer to this article to learn more about SaaS tools TCO.