Manage Subscriptions as your Business Scale with SaaS Subscription Model

SaaS is a way of software delivery that allows the data to be accessed from any device with the help of internet connection and web browser. It is a web based model where third party host and maintain the servers , databases and the overall system architecture that composes an application. SaaS subscription model has removed the need for businesses to install and run applications in their own data centers or on their own computers. This also removes the expense of hardware acquisition, maintenance and provisioning, software licensing and support for installation.

SaaS is a subscription software which is centrally hosted and is licensed on a subscription basis. In other words, SaaS is a platform that allows the end users to access software applications over the internet. Following are some of the many advantages that best SaaS subscription management software provides.

1. No Additional Cost

One of the biggest advantage of using SaaS subscription software is it has no additional cost for hardware installation. As it is a cloud based services, there are no extra costs associated with it.

2. Pay for what you use

While using SaaS subscription software, if a piece of software is only needed for a limited period then it is only paid for over that period and subscriptions can usually be halted at any time. Moreover, the usage is scalable. For instance, if a user decides that they need more storage or additional services, then they can access these on demand without needing to install new software or hardware.

3. Automated Updates

In SaaS subscription model all updates are automated. Whenever there is an update, it is available online to the existing users, free of charge most often. No new software is required for this as it often connected with other types of applications and the updates will regularly be deployed automatically by the cloud provider.

4. Multiple device compatibility

SaaS subscription software applications can be accessed through any internet enabled device, which makes it a fair deal for those who use a number of different devices, such as internet enabled phones and tablets, and those who do not always use the same system every time. It is compatible with multifaceted devices which is an added advantage of using the SaaS platform.

5. Easily Accessible

SaaS subscription software is easily accessible from any location worldwide rather than being restricted to installations on individual computers, an application can be accessed from anywhere with an internet enabled device. Applications can be further customized and labelled as per requirements of the users with other software’s.

6. Flexible Payments

With SaaS subscription software, there is no need for purchasing an individual software to install, or additional hardware to support the business. Instead customers just have to subscribe to a SaaS offering. Generally, customers pay for SaaS service on a monthly basis using a pay-as-you-go model. Transitioning costs to a recurring operating expense allows many businesses to exercise better and more predictable budgeting. Users can also terminate SaaS offerings at any time to stop the recurring costs. Thus, it is a cost saving option for the users.

7. Less management and more productivity

Small businesses, government offices, banks etc. do not need to manage each part of software such as installation, licensing, training, future demands, hardware (servers) and workforce for consumer services. Most of the things will be automatic. It means the workforce can spend time on things that speed up the consumer services, improve the quality and help to earn more profit. At the end of the day, the product will be higher in the workplace where SaaS based applications are in use.

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8. More profit

SaaS business model increases profit a hundred times more for software and subscription related companies. It also works well with IT related businesses. Software as a service means that businesses are paying rent for using software and computers each month instead of buying one time. Companies do not charge much money for updates so far. But after the addition of cloud computing to use operating system, graphics design software, account software etc. on computers businesses have to pay money each month. It means it’s an extra advantage for companies and they will earn more profit as their businesses will scale as a result of it.

9. Less infrastructure cost

There are many companies who are providing software as a service (SaaS) on their own computers and servers for end users. It means you do not need to buy a server to maintain and manage data and information. Everything will be installed on the third party. It will save time, reduce cost and Increase profit and provide flexibility to the users. There are many other advantages of SaaS in cloud computing such as data storage, personalized computing, sharing and collaboration, on-demand scaling etc.

10. Scalability

SaaS subscription software providers generally offer many subscription options and flexibility to change subscriptions as and when needed. For instance when your business grows, or more users need to access the service SaaS allows you to scale the subscriptions as per your overall business requirement.

11. Low up front cost

SaaS subscription software is generally a subscription-based software and has no up-front license fees resulting in lower initial costs. The SaaS provider manages the IT infrastructure that is running the software, which brings down the overall fees for its hardware and software maintenance. SaaS will give you the access to all the latest technology with a minimal budget and the access to the professional support.

To put all this in a nutshell, SaaS subscription software is an alternative to the traditional on-premise software installations. It has become a common method of delivering many business applications, including:

1. office and communication software
2. payroll and accounting programs
3. customer relationship management software
4. HR management software
5. enterprise resource planning programs
6. corporate performance management suites
7. mobile applications