HR Technology Study Focuses On Value of Applications: WebApps’ Time & Labor Solutions Delivered Under SaaS Model Could Alleviate Issues

BRIDGEWATER, N.J. —January 25, 2007— WebApps, Inc., a leading provider of Software as a Service (SaaS), with a major push in Time and Labor Management, could be the answer companies are looking for in terms satisfaction with Human Resources software. According to an article in the Society for Human Resource Management’s HR Technology newsletter detailing the ninth annual technology survey from CedarCrestone, a large HR technology consultancy, there are several applications that prove most valuable and certain barriers to successful HR technology deployments that solution providers need to address.

The survey points out that companies that deploy applications with manager self-service reported a 26 percent growth in operating income over companies who did not use applications with manager self-service capabilities. Manager self-service is defined as providing managers appropriate access and workflow privileges to quickly and easily find the information necessary for them to make timely HR-related decisions regarding their employees. Specifically, performance management applications help companies boost growth by 13 percent, compared to 7 percent in companies who did not use it, according to the study. “With findings illustrating a strong correlation between certain HR-related applications and business growth, companies are beginning to realize that technology plays a key role in allowing an organization to grow, especially with a limited set of resources in today’s tight job market,” said WebApps’ Business Development Manager Alexandra Quintero. “With the difficulty of attracting and retaining good talent, choosing the right application has never been more important to manage the resources currently in place.”

Other findings from the survey noted several ranking obstacles companies had to deal with when considering the deployment of an HR application. Among the top concerns were adequate budgeting and the allocation of internal resources for implementation. One of the ways an organization might consider alleviating some of these concerns may be to consider adopting HR software delivered via the Software as a Service (SaaS) model.

Utilizing software delivered as a service, companies access the application, which is hosted and maintained by the vendor company, via the Internet. The application is paid for based on a recurring subscription fee, which eliminates the large, upfront fees usually associated with client-installed options, making budget approval easier. For HR-focused companies that choose to resell an application delivered via SaaS, charging a recurring fee can also create a stronger, more predictable revenue stream.

Another benefit of choosing a hosted option is the need for technical resources onsite is virtually eliminated based on the fact there is no software to install or maintain. Centralized code, a key premise to the SaaS model, means that one application can be used across a variety of different users, with little need for customization. By doing this, major implementation and integration costs are removed.

WebApps offers intuitive Time & Labor Management solutions via SaaS that can appease an organization’s woes related to those barriers mentioned in the survey. “WebApps’ system offers users very powerful tools to oversee employees with respect to human resources,” said Quintero. “High levels of automation are achieved without sacrificing ease-of-use. By choosing a robust system delivered via SaaS, an organization can experience a much higher return on their investment and a more affordable upfront cost.”

About WebApps, Inc. -
WebApps is a leading developer of web-based business applications for improving human productivity and organizational processes in the workplace. Delivering Software as a Service (SaaS), client sensitive data is collected, processed, and stored remotely without the need for technical resources on site. Software features are easily expanded or scaled back, making it easier to support a variety of size and industry specific clients with a single platform. Under a pay-as-you-go model, clients gain access to software that is more intuitive, easier to deploy, and offers lower total cost of ownership than client-installed software - www.SaaS.com.


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