While many time and attendance solutions are now cloud-based, sales of time and attendance software, such as Novatime sold at Costco, has a degree of popularity.

Which is better for your organization? What are the advantages of cloud T&A vs. on-premise software? Read on to find out.

Cloud Advantages

Also referred to as software as a service (SaaS) and hosted, cloud time and attendance software offers many advantages:

• No software implementation, upgrades or time needed from your IT team
• Employees can access your T&A system from anywhere, without VPN and from any device if responsively designed
• Tend to have a more modern look with greater ease-of-use
• More of what younger / Millennial employees expect to use
• Modest monthly expense vs. capital expenditure
• SSAE 16 and now SSAE 18 audits ensure the highest levels of security and strength of process
• No long-term commitments or annual software maintenance costs

Additional Modules

With cloud time and attendance software, additional modules may be made available with just the click of a button.

For example, Timerack’s HR module offers benefits & insurance tracking, expense reporting & reimbursement, workers’ comp claims, employee performance reviews, and much more – if you want it, and when you want it.