Eyeing local SMEs, Globe offers payroll on the cloud

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[/caption] Simply called PayrollCloud, the online offering is Globe?s initial foray into the booming cloud computing space dominated by tech giants such as Salesforce.com and Oracle. Top executives of Globe Business who attended the launch at the Dusit Hotel in Makati City hailed the introduction of PayrollCloud as a breakthrough event that can liberate local SMEs from inefficient yet expensive traditional payroll software. Globe Business head Jesus ?Boboy? Romero admitted, however, that the cloud-based software was originally developed by a third-party company, which has since become one of Globe?s partners. He did name the software firm. Romero claimed that as far as he knows, PayrollCloud is the first commercial cloud product that has local roots and customized to comply with the tax requirements set by the government, as well those with Pag-IBIG, SSS, GSIS, or PhilHealth. The software service is available on three packages ? Pro (P4,400), Advance (P4,000) and Basic (P3,400). The monthly fee already includes 2Mbps of DSL broadband subscription. The prices are applicable only to companies with 25 employees and below. However, Globe said pricing for firms with more than 25 workers is also available. The fees are computed based on the number of employees, the Ayala-owned firm said. Apart from having the ability to be modified to accommodate the special needs of a particular business, Globe officials also said they have put in the necessary security features to protect personal data. For instance, the software does not allow an employee to access proprietary information of another co-worker. Romero also said that while PayrollCloud is aimed primarily at SMEs, they have also received inquiries from large companies with as much as 900 employees. Globe officials emphasized that the beauty of the cloud is the fact that subscribers pay cheap monthly rent to use advanced cloud technology to store and process a company?s payroll data. ?When a small or medium entrepreneur subscribes to Globe Business PayrollCloud, he?s paying for the use of advanced computer hardware and payroll software, which is at a very minimal cost. He no longer needs to invest in buying software and hardware. And yet, he would still be using advanced computerized payroll software similar to what the large corporations use,? Romero said. A good analogy for cloud technology, Globe said, is the electricity being used at home. ?We?re not the ones who buy a power plant. We don?t pay for the oil or the fuel or the hydro-electric generator. We don?t pay for the miles of electric cable, towers, and transformers. It?s the electricity provider who invests in all of that. All we pay for is the use of the electric power,? Romero explained.]]>

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