Best Examples Of SaaS Solutions Right Now

SaaS is one of the elements of cloud computing. SaaS delivers applications over the internet on a subscription basis and you don’t have to think about hosting, maintenance and upgrades, which ultimately makes you focus on your business rather than thinking about infrastructure and scalability. SaaS has changed the way people use software applications. Below we discuss some best examples of saas solutions right now.

SaaS solutions right now

Types of SaaS applications

Customer relationship management – These apps allow companies to manage customer information, track sales through their channel, and automate marketing functions.
Web hosting and e-shop – Remote servers can handle everything a business needs in their online presence.
Communication platforms – Instant messaging and file sharing to improve multi location team collaboration.
Accounting and invoicing – Some SaaS companies emphasize billing and invoicing services. Others provide a range of financial tracking and reporting services.
Payment gateways – These SaaS based applications include accepting credit cards, processing bank transfers, providing offers and rewards programs, publishing and tracking coupons.
Human resources – SaaS products allow organizations to track employee time, automate payroll processes, schedule interviews, and streamline the hiring process.
Project management – SaaS products offer end to end project management solutions, such as building plans with a list of requirements and tracking progress against deadlines and deliverables.
Enterprise resource planning – This system helps manage every business process in real time and is best suited for large organizations.
Data management – SaaS products help analyze and secure company data.
Email marketing software – His helps the company to maintain communication with customers, build loyalty, increase brand awareness and drive sales.

Benefits and risks of SaaS

Lower initial costs – SaaS is typically subscription based and has no upfront license fees, ultimately leading to lower upfront costs. SaaS providers manage IT infrastructure with software, which reduces hardware and software maintenance costs.
Accessibility – All you need to access SaaS is a browser and an internet connection. Being available from a wide variety of devices and from anywhere in the world, SaaS is more affordable than traditional enterprise software installations.
Scalability – SaaS providers typically provide many subscription options and the flexibility to change plans as needed, such as when your business grows or when more users need access to the service.
Simple updates – SaaS providers handle software and hardware updates, deploy updates to hosted applications, and eliminate this burden and responsibility from customers.
Flexible payment options – Instead of paying all at once, customers can subscribe to SaaS products on a monthly annual basis or any frequently offered products.

Characteristics of SaaS application

Multi-tenant version

A multi-tenant version is a sort of structure wherein a couple of clients proportion a not unusual place code base and software program software infrastructure this is controlled centrally. Each purchaser of a SaaS software is known as a tenant, who can personalize a few components of the software.

Automated provisioning

Clients need to be capable of get admission to SaaS packages at the go. The procedure of supplying offerings to them need to consequently be automated. Most SaaS packages provide this option to their clients. A Cloud Services Broker can automate this procedure and offer get admission to to SaaS packages on demand.

Easy customization

Ease of customization permits customers to regulate packages to in shape their enterprise approaches without affecting not unusual place infrastructure. Such customizations are one of a kind to every organization or person and are preserved via upgrades.

Data security

A SaaS software is shared via way of means of a couple of tenants, this means that that the safety of person statistics cannot be compromised. An powerful Key Management Framework is an critical a part of SaaS packages.

Application security

SaaS packages need to be included in opposition to vulnerabilities consisting of the ones recognized via way of means of OWASP/SAN. Robust get admission to control and identification manipulate need to be enabled for SaaS packages.

Conclusion

SaaS companies grow quickly with minimal investment according to Insight Squared statistics, the average prominent SaaS with successful startup ideas has a growth ratio of 3. 9 to 1 for every dollar invested, business owners get roughly four dollars in return.