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In the last several years, businesses and the IT world in general, has seen the increasing popularity of cloud computing, easily becoming the 21st century most talked about business application solution.

Cloud services that include; software and hardware have different options and pricing models, which in past, may have caused a few IT managers to be sceptical, about the technology and how it would affect their businesses. And, as a result, this may have also given rise to misconceptions about the realities of cloud computing and the many benefits it offers, including; business agility and cost reductions.

In this blog, we will debunk 5 myths about cloud computing:

Myth#1: All Cloud Software Solutions are the same
Different organizations have different needs and the best HCM cloud applications support those unique characteristics. For example, a food manufacturing company that creates products in small batches have different needs from a similar type of that manufactures the same product over and over.

Yet some businesses still believe that all cloud HCM solutions are the same and none of them are unique enough to suit their specific needs. Manufacturers with little knowledge of modern cloud computing solutions can sometimes get dazzled by buzzwords and perceived complexity. However, the cloud is not a platform that delivers a one-size-fits-all solution. The best cloud HCM providers offer flexibility, a wide variety of cloud-computing based functionality— and are designed by experts, with deep industry knowledge— who would not sell an application that’s loaded with bells and whistles that companies don’t need or would not use.

Myth# 2 – A Cloud Solution is too Expensive
We have heard this before, when in actuality, it will save you money in the long run. With ATS HCM cloud application, companies spend less on IT. Over a three- to five-year period, consider the hardware, software, implementation, customization, training, support and maintenance costs required for on-premise HCM application. It is easier to implement ATS HCM cloud, which doesn’t need large computers or onsite staff to maintain them.

Moving to the cloud means freeing up the extensive IT resources dedicated to the never-ending challenge of keeping the lights on in the server room. The burden of deploying, running, and upgrading systems shifts to ATS. This allows IT managers to become strategic shareholders, while driving innovation.

Myth#3 –It will be harder to Integrate to Third-Party Applications
Some companies still believe the myth that cloud HCM software is difficult to integrate with their existing systems. In fact, integration is much easier than you think. Third-party apps like, ERP, Payroll, Talent Management that is native to the same platform are easy to manage and integrate. They provide end-users with a consistent interface and experience. ATS makes use of the most updated API integration, and so your organization will have relevant, accurate operational data all in one place—in real time.

Myth#4 – An on-premise solution is better and is more secure
ATS Cloud offers the most powerful tools to help ensure top performance for your business. ATS HCM Cloud regularly updates its software to the latest and greatest without interruption to your business. Customers get the most up-to-date software delivered automatically. And all of this comes without having to put your IT staff through time-consuming updates and upgrades. ATS HCM monitors cloud performance 24×7 and scales to address demand.

One of the greatest benefits of using ATS HCM cloud is that your business always runs the latest version of the software. With ATS HCM cloud, you get the earliest access to new features, industry best practices, and competitive innovations. Not only does this keep you on the forefront of your industry, but it also sends security patches that effortlessly keep your system locked down.

Myth# 5 – Cloud Computing Applications are not as Secure
This is a persistent myth about the cloud that it is not secure. The early iteration of the cloud came with some concerns and rightly so. However, these concerns have dissipated with the way cloud applications system are hosted today, some of which includes firewalls, two-factor authentication, advanced encryption, frequent security updates, and detection. Data loss with an on-premise system can be permanent when a system fails. Cloud backup procedures ensures that downtime is not only rare but also temporary. Your data is protected and constantly backed up on the cloud.

Bottom Line:
As more companies deploy cloud applications, and continue to reap the benefits of increased efficiencies, improved productivity and increased profits, perhaps we may finally see some of these myths disappear.

About ATS
ATS offers a broad portfolio of time and attendance solutions that streamlines the collection, calculation, and reporting of employee hours for workforce management and eliminates the manual tasks of payroll preparation, increasing efficiency and reducing errors in corporate payroll departments.

Thousands of organizations across North, Central and South America and Europe- including more than half of the Fortune 500 – use ATS TimeWork OnDemand, Workforce Planning, Employee Scheduling HR and payroll solutions to manage their workforce.