LegalReader.com  ·  Legal News, Analysis, & Commentary

Business

The Main Advantages of Software as a Service


— December 20, 2021

Always do a bit of research to determine which option works best for your needs. You can ask for recommendations or do a simple Google search.


Software as a Service, or SaaS for short, became a very profitable industry a long time ago. Both the businesses that develop these products and the businesses that are using them can expect to see numerous advantages and benefits. 

And that’s what we’re going to go into in this post. Whether you’re looking to buy, sell, or develop a SaaS product, or you’re considering deploying one to handle a certain aspect of your own business, here are some compelling reasons to do so. 

Low Initial Costs 

SaaS is generally, at least initially, most often a subscription-based service. Hence, there are no initial license fees, and it comes with lower initial costs. You won’t have to invest in any new hardware or software either. All the infrastructure management will be handled by the company delivering the service. 

From a SaaS business perspective, running a subscription-based service means you will be able to make realistic predictions regarding cash flow and the funds you have at your disposal. This can help you plan for the future with more confidence, and it also makes your business simpler to value. 

Easy and Quick to Deploy 

SaaS applications are easy to deploy, as they are already configured in the cloud and don’t require extensive setup. This makes that initial process of transitioning to a new tool very straightforward. You don’t need to worry about software or hardware compatibility or requirements. You can simply make any necessary customizations and adjustments immediately after you first launch the app. 

This also gives SaaS companies a clear advantage, as they are able to offer their services to a global audience. There are no worries about shipping, physical premises, or similar real-world obstacles. 

Updating Made Easy 

Updating software can be quite a hassle, especially if you need to do it from a physical device. Luckily, this is practically a thing of the past. Most software is now cloud-based, and updates are simply downloaded and executed. 

Most SaaS tools will also offer the option of automatic updates. Alternatively, they’ll notify you when there’s an update available so you can install it at your own leisure. 

From a business point of view, this makes quality control easier to manage. You are able to ensure your solutions are always secure and at the top of their game.

Ease of Access 

SaaS products can usually be used across a wide range of devices and operating systems. True, you may want to work with one that does not support Mac or Windows OS, but there is usually a very decent alternative available. 

Enterprise software doesn’t usually offer this same ease of access, and you need to carefully consider the devices you are going to use it on. 

When developing a SaaS solution, you can start with one platform. Choose the one you believe most of your audience is already using, and then take it to another. Ideally, though, you want to offer your services across a range of devices from day one: desktop and mobile.

Easier to Scale

Opioid Sales Rep Push Doctors to Prescribe 'Off Label'
Photo by Frank Busch on Unsplash

Finally, scaling up is much easier with SaaS than with an enterprise tool. If you subscribe to a service, there will usually be additional packages available, which means you can downsize or upgrade whenever you need to. Unless you opt for a yearly subscription, you can add or subtract from your account however you wish. 

This is also a major advantage of developing a SaaS solution. You can tailor plans to your customer’s needs and offer special packages and bespoke solutions whenever it’s necessary. 

Final Thoughts 

The advantages of using a SaaS solution over an enterprise one are numerous. With the market as vast as it is, you will certainly be able to find a tool or an app that does just what you need it to do.

Always do a bit of research to determine which option works best for your needs. You can ask for recommendations or do a simple Google search. You might even contact several different providers and ask them to give you a free demo or pitch you their best features.

Join the conversation!