Why using SaaS products is beneficial for your business

1999 was the year that saw the arrival of Salesforce, a company that aspired to become “A World-Class Internet Company for Sales Force Automation”, which it has truly achieved. That was the beginning of SaaS industry, the start of a new era, when it became possible to access the required software online via a subscription, without installing it on a computer. Back in the day nobody could foresee the progress the SaaS industry would make in just over two decades. SaaS products were looked upon as a software solution for smaller companies, that could not afford traditional on-premise software and the staff needed to maintain and adopt it. Due to limited bandwidth and capped file sizes, Saas products were considered slow and unstable, and were not really considered by larger companies. As technologies continued to develop though, the internet quality improved, lifting the bandwidth limitations. Alongside the technological progress came a shift in our lifestyle, placing more emphasis on flexibility and the capacity to adapt. All of it was giving SaaS products a new perspective.?

It has become evident that Software-as-a-service has a lot of advantages over traditional workplace solutions:?

1. Saas products allow better access to the necessary software for all employees, regardless their location, the device and the operating system they are using. As long as a person has internet access, they can log in and get their job done, which is something of value in the ever-growing trend of remote work. SaaS products are essential to companies that have international teams.?
2. Saas products are helping to reduce costs. When buying an in-house solution, companies first have to spend time and money to evaluate the product, and then they are mostly faced with huge upfront cost of products and licenses. When the product has been bought, the company will have their entire IT team busy, keeping the product secure, maintained and regularly upgraded. As Saas product subscriptions already include support, maintenance and hosting, it helps to free up the IT staff of the company and refocus them to perform more important tasks. And even the smallest companies can afford a SaaS subscription, there being no extensive amounts to pay upfront.?
3. SaaS products are easily customizable, they can quickly be adopted to the size of the company and the specifics of the business. And as the customer’s business grows, the solutions they use can be smoothly adjusted to the growing number of people using the applications, the volume of the data and the functionality required.?
4. SaaS products are frequently updated and improved. The provider would normally have a team of IT professionals, working on a product, engaging with customers and implementing their feedback. Due to the scale of most providers and the number of their customers, the product is being constantly kept upgraded and perfected.?
5. SaaS products provide a high level of security. Protecting the privacy of the customer and keeping their data safe are the main priorities of the SaaS companies.?As the competition between SaaS providers continues to grow, it is getting easier for a client to choose the one with a wider range of security options, complying better with data security and privacy regulations. ?

As we see, SaaS products are easy-to-use, they require no installation, no maintenance, and they are frequently updated and improved by the providers, which explains their growth and popularity. According to recent data, an average company uses between 130 and 200 Saas applications, including CRM systems, HR and communication platforms, billing and accounting apps, and platforms for project management and e-commerce. With growing number of applications that are being bought, one of the former SaaS advantages, namely the simplicity of procurement, has suddenly turned to a loss of control over funds spent on applications and renewals. Most applications charge their subscription costs automatically on a monthly or yearly basis, and because of the huge number of applications it gets easy to lose track of what the company is paying for and to overlook the possibility to save. However, every problem has at least one?solution, and in this case Errios is one of them.?