Cloud-based solutions are built on a technology that offers the option of an upgraded plan that supports a higher level of operations at any time. Since cloud solutions have data centres at multiple locations, the data remains safe at all times.
On-premise HR Software Solutions have become obsolete due to high risks and set-up/maintenance costs. These systems have their limitations, like the threat of data loss by fire, flood, etc. Also, the setup cost of these systems is huge and comes with an initial operation limit. Often, the annual maintenance cost is relatively higher.
Therefore, businesses are going for cloud-based solutions that offer multiple benefits.