However in this case it is spelled SaaS and might more appropriately be defined as Stylish or chic.
If you have an e-procurement solution installed behind your firewall on your own servers, this might be the 1st place you want to begin saving money by replacing it with a SaaS based solution.
On demand SaaS (Software as a Service) by its nature is an internet based application and as such is accessible from wherever you happen to be as long as you have a network connection. With today’s broadband offerings, it literally means any where. In addition, since most of the newest versions of SaaS applications are native web based applications, they integrate very nicely with most business infrastructures.
The e-procurement buyer’s data at a SaaS provider is often more secured than the data at many business offices. Since this is the core business of a SaaS provider, the architecture of the application normally has multiple levels of redundancy, failover recovery and routine data backups. SaaS applications are, by-design, easier to update than locally installed applications and buyers usually experience lower feature upgrade charges as well.
The return on investment (ROI) breakeven point for an e-procurement solution is usually reached more quickly in a SaaS environment than a locally installed solution – often much more quickly. In fact there are many instances of breakeven ROI’s occurring with the first series of e-procurement events.
Stop wasting money and call a SaaS provider and while you are speaking with them ask if their offering is cloud based. More on that later.
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