Why not? For the past 20 years organizations have been implementing on-premise timesheets supported by their internal IT department utilizing internal servers, database licenses and support staff. Traditional timesheet software involves significant up-front acquisition costs and requires recurring maintenance, support and upgrade costs and are not suited for when you are on-the-go.
With the introduction of the cloud, the new economy is lowering the value of legacy software applications. In today’s work environment - with more remote workers and more mobile devices - it is paramount to the success of any timesheet management software that it is truly cloud-based. As your business and needs grow, it is essential that the tool you select provides you with more advanced functionality like online timesheets. Next generation cloud-based (SaaS) providers are delivering single-tenant SaaS while keeping costs low through data center automation and providing the customer additional opportunities for extensive customization, data security, compliance, multiple deployment options, and preserved customizations through upgrades while providing the same user benefits that are driving the popularity of the cloud (SaaS).
Cloud-based applications are hassle-free and fully maintained through the cloud. The application will run on any web browser and will save the user from the trouble of deployment and maintenance. For example, the advantage of cloud-based (SaaS) timesheets is that an employee is never “out of the loop” – whether in the office or on-the-go. In fact, companies are now not bound by geography or time constraints. You can also get timesheet solutions on your smart devices so you can track time spent on work projects, assign tasks and use your phone’s built-in GPS to map your coming and goings.
Organizations who have adapted to cloud-based software, such as timesheets, have experienced a very rapid Return On Investment (ROI) – the first and most tangible area is the reduction of IT costs through not having to purchase servers and licenses. The second area, is real-time management reporting which helps focus the organization on reducing costs, improving utilization, enhancing project delivery and automating the time billing process. Timesheets also allow you to manage several types of confidential data including project pricing, client information, and payroll records. You need to control who sees this private information. Fortunately, timesheets in the cloud (Software-as-as-Service) are specifically designed to keep your data secure. It will be safe from prying eyes while giving the appropriate amount of access to the users you select. And your Software as a Service accounts can be accessed from any computer terminal or device. That means you can use the service anytime, anywhere, with just an internet browser. This means timesheet with cloud-based applications tend to have high adoption rates since users already understand the basics and progress is ensured.