How SaaS Can Save Your Business Money

When you see the acronym SaaS you may not immediately think of dollar signs, though the S’s are pretty close. Yet Software as a Service, what SaaS stands for, can save business money.

What is SaaS?

For SaaS to save you money, you need to understand what this solution involves. Think back to a few years ago: installing software from discs was one of the first things you had to do with a new computer. Depending on how old you are, you might remember doing so from a CD or maybe even a floppy disc!

A business might have paid for several licenses and uploaded the software to many computers, but each copy was unique, whether uploaded to on-premises computers or laptops.

The SaaS solution offers greater flexibility. The business user gains online access to whatever software applications they need. There is no need to install each specific app on Jamal’s computer and then do the same for Janice. Instead, the software is available whenever users want and on the device they choose. It doesn’t matter, as long as they have internet connectivity.

This means workers no longer have to be on-site to use all business tools. Plus, since applications aren’t installed on business machines, you don’t need the same storage space or processing power.

How SaaS saves you money

Software as a Service reduces your upfront costs. Under the old model, you needed to pay for the physical disc or download the software from the internet. You also needed to ensure you had the appropriate hardware to run the applications. Plus, you would pay to maintain the license and support the software.

With SaaS, you pay only the monthly or annual subscription fee. The vendor providing the software has the servers and hardware. That means they cover the costs for its maintenance and upkeep. Meanwhile, you get the advantage of a set fee that covers licensing and support.

Cloud-based SaaS is also economically priced for the number of users you want to access that software. Since it is in the cloud, you can scale up or down as your business needs change. If you’re not using the software as much as you expected, drop that application. You’ve paid only a subscription fee rather than investing in a lifetime license, hardware, and maintenance.

Starting with SaaS

The one big concern businesses have about SaaS is data security. Having control of the software on-site can feel safer. But SaaS providers invest more in cybersecurity than your small business could. Their business depends on reliability and resilience. They build in redundancy, have backup tech, and keep the software upgraded and secure.

Making the move to SaaS doesn’t have to be difficult, especially if you partner with another acronym, an MSP. A managed service provider can help you find software solutions for your needs. We’ll advise you on SaaS options and support your transition to the convenience and cost savings of SaaS. Call us now at (416) 848-6218 or 1 (888) 268-2564!

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