Payroll is an important aspect of running a business but many small businesses have been reluctant to adopt cloud-based software until recently. But technology has evolved and managing payroll has been easier than ever before. Moreover, this fact can be solidified as the cloud-based software market is estimated to be worth $17.39 billion by the year 2027. There are multiple benefits of adopting the software and in this blog, we are going to discuss if you should go for cloud-based software or not. In this regard, you should avail of Microsoft Dynamics 365 Business Central , which is a total solution in one power-packed package. As per Eurostat, 41% of companies in the EU used cloud computing in 2021. Some areas need the usage of cloud computing, such as HCRM and payroll. The global cloud-based payroll software market was projected at around $7.34 billion in 2018. Now, it is expected to reach $17.39 billion by the end of 2027. Difference between cloud-based and self-hosted payro
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