| Sr No | Description | Opportune HRMS SaaS | Traditional License |
| HRMS Audience | |||
| 1 | Fits any type of organization small to big. 25 employees to 25000 employees |
Yes
|
No
|
| HRMS services Economics | |||
| 1 | Capital investment [Capex] |
No
|
Yes
|
| 2 | Opex cost |
Yes (as per use) |
Yes (Fix) |
| 3 | Payment link to deliverable |
Yes
|
No
|
| 4 | Expensive Back up & storage device requirement |
No
|
Yes
|
| 5 | Maintenance cost for server by the client |
No
|
Yes
|
| 6 | Annual Maintenance for the software updates |
No
|
Yes
|
| 7 | Pay only for what you use |
Yes
|
No
|
| HRMS Set Up | |||
| 1 | HRMS Go live with required payroll modules & functionality |
12-15 days
|
30-45 days (server set up will take more then 15 days) |
| Features & Value adds HRMS solution | |||
| 1 | Auto update of HRMS software |
Yes
|
No
|
| 2 | Flexibility for features |
Yes
|
Yes
|
| 3 | Business continuity 4 hours guarantee |
Yes
|
Yes (at a very high cost) |
| 4 | HRMS Vendor otivation model for quality service delivery |
Yes
|
No
|
| 5 | Scalability of the product with business dynamics of the Company & market [Future proof] |
Yes
|
Yes (Expensive & complex) |
Whether you’re a founder thinking about using third party software for your start-up, or thinking about how best to structure licenses to your software, it’s important to consider how “Software as a Service” or “SaaS” licenses differ from traditional software licenses and understand the legal issues related to using them.This report will help you understand the salient features of both the models.
Traditional software Licenses
- In this model the vendor permits the organisation to use a copy of their software on your servers and systems.
- This means the the client or the organisation must have a large initial capital outlay to “purchase” the license.
- The software has to be tested and certified to operate on various platforms.
- Updates and maintenance require a planned, structured and multiple stakeholders to be involved.Massive backup and precautions are a must. Plus upgrade cost is on the client
On Cloud
Everyone is talking about cloud now daysIt enables browser-based delivery, developers realized that providing applications as a “hosted” software service (known as “Software as a Service” or “SaaS”) is a more efficient approach because :
- Customer doesn’t need to do capital investment for purchase of license and server. They essentially subscribe for the service.
- The client only pays for the number of employees on the roll. So no wastage of unused capacity.
- The developers can provide bug fixes and updates to all the licensees at once.
- You can work on your regular platforms. No need to install new systems and platforms. Which mean no extra installation costs? No learning curve.
- Auto updates & upgrades
- NO Annual Maintenance cost
- Green Environment
- Guarantee of quality of service, as it is linked to payments to the SaaS provider.
- Why own an item, which has no appreciation value
