Total Cost of Ownership (TCO)

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:

hcm-technology-total-cost-of-ownership(Source: SuccessFactors)

Please refer to this article to learn more about SaaS tools TCO.

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