As more businesses undergo a digital transformation, employing Software as a Service (SaaS) solutions is quickly becoming the de facto move for companies moving a chunk of their operations online. Several companies such as Caterpillar, IKEA, and LEGO have taken advantage of SaaS solutions to perform their digital transformations, which greatly benefited their customers, employees, and business.
Even though it can seem like a sizable investment, adopting a cloud-based service can improve your customers’ experience. If you’re thinking about implementing SaaS, consider the advantages this technological solution can offer your business.
1. SaaS Offers Cost Savings
A major benefit of using SaaS for business, especially for startups, is its affordability.
SaaS solutions are almost always sold on a subscription basis that includes updates, upkeep, and some level of customer support. SaaS subscription models typically operate on a monthly basis, so they don’t have significant up-front service costs.
Finally, SaaS will save costs on supplies like paper, physical storage, maintenance, and printing because it keeps data in the Cloud. When negotiating a move to SaaS, be sure to take these savings into account since they add up.
2. SaaS Is Inexpensive to Install
Adopting SaaS to your business won’t hurt your capital. You can install several free apps to help you set up a SaaS framework, such as Dropbox, Google Apps, and WeTransfer.
If you need more features, SaaS solution providers offer additional tools and reports for an additional cost. Don’t worry, though — the cost will still not be as expensive as installing separate Software on each of your business devices.
3. SaaS Implementation Doesn’t Need Physical Infrastructure
Your SaaS provider manages the intricate underlying IT architecture when enabling business applications using SaaS.
You don’t need to worry about maintaining any hardware or which operating system version supports which databases. Your SaaS service provider will handle all of this for your organization, allowing you to fully concentrate on your business operations
4. SaaS Offers Safety and Security
A SaaS solution often offers a safer and more secure place to store data and business information than traditional Software.
For instance, several SaaS vendors connect the infrastructures of two geographically distant data centers to deliver applications. The SaaS vendor can enable a second data center if a problem occurs in one of the centers at the wrong moment, prolonging the delivery of continuous services.
5. SaaS Features Are Regularly Updated
SaaS applications receive frequent upgrades to improve security, remove bugs, and fix technical issues. These upgrades improve the usability of these tools, offer new functionality, and safeguard your company’s data.
The best part is that you won’t need to install or download various patches since your SaaS provider will take care of all software upgrades and updates. You can rest easy knowing that you’ll always have the most recent software available.
6. SaaS Improves Team Collaboration
Implementing SaaS solutions improve internal team collaboration, which is perfect for businesses that provide ecommerce, SEO, or other technical services.
Team members can assign tasks, upload files, update items, and make comments for each other using a SaaS app without interfering with each other’s work.
7. SaaS is Remote Friendly
SaaS solutions are easily accessible from anywhere with just an internet connection. Users can access their data and work more efficiently from any location, simplifying life for remote workers or those who work across multiple locations.
8. SaaS Apps Eliminate Data Silos
Continuing with the previous point, employees can use SaaS apps virtually everywhere. As long as they have an Internet connection, they can work from anywhere at any time.
When using SaaS apps, data and files are kept in a single database that team members can safely access whenever necessary. This eliminates costly data silos that hinder operations and cause friction within your business.
9. SaaS Enables Data Recovery and Backups
Suppose you have experience working with traditional software. In that case, you know that without the activation of an expensive automated solution, regularly backing up your data is a painstaking process.
On the other hand, SaaS solutions do away with this laborious task by enabling automated backups without user intrusion and guaranteeing the reliability of your data.
10. SaaS Providers Want to Make You Happy
This last point, in my opinion, is the most important. Yes, you have to pay an annual subscription to use the services of many SaaS suppliers.
However, the truth is that SaaS providers don’t generate significant profits in the first year of the client relationship after they include the expenses of converting customers and the money they’ve already spent on infrastructure.
Therefore, it is crucial for them to make you, their client, satisfied with all their services and remain with them for a longer time.
Final Thoughts
SaaS solutions offer a number of advantages for businesses, including reduced costs, increased efficiency, and improved security. For these reasons, more and more businesses are moving to SaaS solutions. If you’re not already using SaaS, it’s worth considering whether it could benefit your business.
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