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SaaS: Red Light, Green Light: Page 5 of 5

Payroll And Expenses
Major Players: ADP, MasterCard, Paychex, Workday

Nearly one in three respondents to our InformationWeek reader survey uses a SaaS vendor for payroll processing, and most payroll processing vendors are steadily migrating away from internal applications to a hosted model. The major vendors are well-known and have solid track records. All have extended their offerings from simple payroll to time tracking, screening services, and HR services.

While most companies can easily move their basic payroll and time-reporting functions to SaaS, here's a cautionary note: This segment lags in support and development of back-end integration tools and kits for exchanging data. A large education client we spoke with had success with basic payroll and time tracking but scrapped plans for SaaS-controlled performance reviews, candidate screening, and additional HR tools because of the high cost of back-end data integration.

Michael Healey is CTO of GreenPages Technology Solutions, a national IT solutions provider. Write to him at [email protected].

Continue to the sidebars:

SaaS Could Be Google's Key To The Enterprise
and
Readers Weigh In