To take advantage of all the benefits of hosting an application in the cloud, you do not have to compromise functionality or configurability. Let’s talk about how to do this with single tenant cloud solutions.
What is SaaS?
Software as a Service (SaaS) is the predominant delivery model for cloud-based business applications today. SaaS is built on the basis of multi-tenancy, which is a fancy way of saying that many different people from many different companies share that same application. While this works just fine in many areas of your business, there are certain applications that do not lend themselves well to multi-tenancy. For instance, accounts payable, or AP, can be a simple application for some, but in many industries or high transaction volume operations, there are many nuances and process specific differences that make a multi-tenant cloud offering much less efficient.
Single Tenant Cloud Solutions
For applications like Accounts Payable AP, vendor onboarding, supplier onboarding, vendor management, vendor portal, supplier portal or complex workflow processes, a single tenant cloud hosted solution may be the answer.
Single tenancy offers the configurability to address your unique and specific needs. A single-tenant cloud hosted solution is essentially an on-premise solution located in a cloud environment. It still has all the same benefits of low IT overhead, lower operating costs and greater uptime. You can address enhancements and upgrades in days, not weeks or months, since your organization is the sole user of the solution.
Single tenant, cloud-hosted solutions may be the answer to lowering your costs while not sacrificing important functionality or configurability for your organization. Contact ICG today for a discussion or demo on how to host your applications in the cloud.