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Word of the Week: SaaS

What is SaaS?

SaaS is a method of software delivery and licensing in which software is accessed online via a subscription, rather than bought and installed on individual computers or servers.

Why is it Beneficial?

SaaS offers numerous advantages for companies. By delivering software applications over the internet, SaaS eliminates the need for on-premise infrastructure, reducing upfront costs and ongoing maintenance expenses. It provides flexible scaling options for business growth, and ensures access to new features and security updates through automatic upgrades. Additionally, it enhances collaboration by enabling employees to work from anywhere with an internet connection, boosting productivity and agility. This cloud-based model also reduces the IT burden, allowing businesses to focus on core competencies rather than managing software infrastructure.

ICG takes SaaS to a new level by providing Solutions as a Service in a single tenant, cloud hosted model. You get all the economic and operational benefits of a traditional Software as a Service model, without the multi-tenet aspect. Solutions as a Service delivers a configurable solution, designed to meet your process needs while still hosting in the cloud. Solutions like Vendor Onboarding or Supplier Onboarding, Vendor Portal or Supplier Portal, AP Automation, Data Capture, Workflow as well as many other solutions can be delivered in a SaaS model. This means no application sharing, increased customization to your needs, greater security and the flexibility to make changes on the fly. Call ICG today for more information or to schedule a demonstration.


Posted on June 10, 2019