The demand for Software as a Service (SaaS) is increasing year over year. It has all of the benefits of traditional software with some interesting extra advantages. It’s predicted that 25% of promising businesses will be making use of SaaS before the end of 2020. SaaS will save your company a lot of time and money and can be a much better investment than traditional software.

 Save money

You might be used to installing software on your company’s computers on servers. This is time consuming and might even need the help of an outside professional. All of this is not needed with SaaS. The services are available online through the cloud and are already up and running at the moment you subscribe.

Analysis shows that using the cloud system can save you about 15% of your total IT costs. Using traditional software requires a significant amount of start-up costs but this is not the case with SaaS, which is mostly offered with a monthly payment subscription.

Moving from one piece of software to another, oftentimes takes longer than you’d want. Computers will be unavailable while the migration is taking place during which your employees won’t be able to work. SaaS offers a solution to this loss of time because the provider is taking care of the updates.

Freedom from your desk

Since SaaS can be accessed from every place in the world that has internet access, you can cut your costs even more by letting them work from home. Telecommuting is already a reality for 1 out of every 3 people in the U.S. and is still gaining popularity.

Most companies don’t see a drop in productivity when they allow employees to work from home. A combination can also be a great option where your personnel only works at home on a designated day of the week. This way you still have the benefits of regular meetings and conferences, which are good for teambuilding. Even hallway conversations will still be possible, which can be a very fruitful thing.

 Only pay for what you use

With SaaS, you’ll only have to pay for the things you’re actually using. This is much more efficient than paying for a software package.

You might have already purchased some software in the past, only to realize later on that you didn’t really need it. Or maybe you needed it for a particular project that lasted for just a couple of weeks. In the perfect situation you’ll only pay for what you’re using. SaaS works exactly according to this principal.

The SaaS vendor is responsible for upgrades, bug fixes, security & availability.  Many times your business data may already be present in one of the SaaS applications, if you wish to pursue another SaaS application, the vendors most of the time provide integrations which enable you to import your data from one application to another saving you time & money.

Another benefit of the pay-as-you-go system is that most of the time you’ll get a free trial period. This allows you to get a feel for the software you’re interested in so that you can gain some experience with it. Once the trial period has ended you’ll have a very good idea if the software can give you what you’re looking for.

If you’re interested in SaaS and looking for a software suite to run your entire business then  Accurants software suite brings you an all in one solution that makes it very easy to put data in and even easier to get it out.  With Invoicing, Time Tracking, Project Management, Expense Tracking, Mileage Log, Accounting, CRM (Customer Relationship Management) and Taxes, Accurants provides the most complete solution saving you time & money.

Accurants is a SaaS application so all your employees will be able to access company’s data from anywhere, anytime and any device.  Getting started with Accurants is easy, try 30 days for FREE and explore all the features, use the software tools to see if they meet all your business’s requirements.

 Photo Credits: Cloud Computing / Photo by FutUndBeidl / CC BY

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