While many companies install traditional business management software packages, there are advantages to switching to cloud-based software-as-a-service (SaaS) models. How do these systems work? How can they help your company?
What Is a SaaS Platform?
Business management SaaS systems provide a range of business software tools. However, you don't use this software in the traditional way. SaaS providers run their systems remotely from one or more data centers. You connect to their software via the Internet.
So, you won't have to install this software on to your company's computers and network. Once you sign up to a platform, you can access its software and your files at any time and from any location as long as you are connected to the Internet and login to your account.
SaaS platforms typically work to a subscription pricing model. You pay for access to the system, usually on a monthly basis. While different companies charge in different ways, the amount you pay often includes a base subscription fee and per-user costs.
Why Switch to a SaaS Platform?
If your company currently uses a variety of different software packages for different areas of your business, then your IT system might not be effectively integrated or efficient. Your packages might not work together if you purchased them from different manufacturers. This makes it harder to share and combine data from different parts of your business.
Plus, your software and support costs might also be high. As well as your initial purchase costs, each software program might have license fees and upgrade costs. You'll also need a server network to manage your software and backup your data, and you might need to hire IT support staff to manage your system.
If you switch to a SaaS platform, then you could make your company work more efficiently. If you find a system that contains all the packages you need, then all your software will integrate. Your workflows and business practices will be more efficient.
You should also see some cost savings. You won't have initial or ongoing software or hardware costs. You won't need in-house IT support. Your SaaS company takes care of managing their platform, backing up its data, and upgrading it. You simply use the system; they take care of the rest.
If you are interested in moving to a SaaS model, then it's a good idea to look at established systems with a broad range of core functions. Contact a local SaaS service, such as NetSuite, to learn more.