SaaS solutions are constantly evolving to best meet the needs of businesses. Surely you’re using at least one software service. It is possible to list a few software widely developed by the world’s leading SaaS providers such as Amazone Web Services, Oracle, Adobe Creative Cloud, Slack, Dropbox, Google, IBM, Microsoft, ServiceNow, etc…As you can see, SaaS has almost monopolized the technology market.
What is SaaS?
SaaS (short for Software-as-a-Service), one of the most popular forms of cloud computing, is defined as a software application service delivery model; where the vendor does not sell a software product, but rather sells a service based on that software. In simpler terms, the vendor creates and maintains a web-based software, which the customer can access remotely via the internet after paying a recurring subscription fee (monthly, quarterly, annually).
How integrating SaaS helps grow your business?
The SaaS model increasingly dominates the technology market because of a series of practical benefits, thanks to knowing how to optimize the wide use of the internet.
1. Saving costs for businesses
It is a fact that the SaaS model helps businesses save both cash costs, time, human resources, switching costs, and opportunity costs.
With the SaaS model, you do not need to install and run the software on the enterprise system. That saves you a huge amount of money related to buying software licenses, installing hardware as well as building a new database system. During use, the SaaS model does not require you to pay additional support and periodic maintenance fees like on-premise software.
Most current SaaS models focus on and sell software services in two forms: Freemium – allowing you to use it for free and then pay more to use advanced features, and Premium – sold by package based on a number of accounts and usage time. In either case, you have the option to stop subscribing to the SaaS service whenever you want, and the cost also stops at that point.
The time and manpower required to deploy SaaS software are also much more economical than a traditional on-premise solution. The SaaS model also helps businesses solve the problem of switching costs when installing and applying technology. Assuming on-premise software encounters problems during operation, all systems will “die”; but when that software is really outdated, it is also difficult for businesses to definitively remove it because the initial cost is too great.
2. Getting the best software features
As a customer using SaaS, you no longer need an IT department on hand to handle technical issues during software operation. From ensuring the server system runs well, maintaining security to fixing bugs, … are all responsible by the provider. Their team of testers and IT do a great job on this part, and you will always get the best service from them.
Businesses also benefit from the fact that SaaS providers regularly automatically update their software, including optimizing old features and adding more advanced features. You don’t have to worry about buying newly released versions or technology patches.
3. Simple to use anytime and anywhere
Since SaaS providers deploy the service over the internet, it is easy for users to access the software from any device and browser with an internet connection.
With SaaS, you don’t have to go to the office and open a computer with pre-installed software to use it. When the business registers to use the software, you are allowed to create additional accounts (with a limit on the number of packages purchased) for employees in the enterprise. You and your staff can work from anywhere, at any time, by performing a simple login to use unlimited features.
Most SaaS vendors are trying to develop applications on multiple operating systems (Windows, MacOS, iOS and Android) and on multiple browsers (Microsoft Internet Explorer, Google Chrome, Apple Safari, Mozilla Firefox, .. .) to maximize user experience. Usually, you can sign in on multiple devices at the same time.
4. Incredibly large integration capacity
On-premise software is often designed to solve problems in isolation and without involving external applications. But in fact, you always need to exchange data between software to systematize the process and save time and effort. Understanding this critical need, vendors have developed integration capabilities into the dominant strength of the worldwide SaaS model.
Most of today’s SaaS software is optimized for the API system – an open application programming interface that allows homogenization and data exchange between applications from many different providers. That is an opportunity for you and your business to integrate faster with new technologies right on your current system.
5. Easy to expand the usage scale
Another big advantage of cloud data in general and SaaS, in particular, is scalability. You can easily double or triple the number of accounts or integrate new software without affecting the existing infrastructure or database of the business. This is especially important for businesses that are on the rise or you are planning to expand in the future.
How can AccountDock help?
AccountDock is a leading billing history app for Stripe-powered businesses. We proudly provide customers with the ability to access, check and manage their receipts anytime and anywhere. Business owners can ensure customers have access to a clear, transparent payment history, which is a core contributor to customer loyalty. Try AccountDock for free today to see how we can improve your business proficiency!