4 benefits & advantages of choosing SaaS
Moving everything to the cloud, in general, has numerous benefits. For Saas, specifically, the benefits all boil down to cost and ease of use. Let’s get right into each direct benefit you’ll definitely appreciate once you transition to SaaS.
Since SaaS is typically subscription-based (aka, no licensing fees) there are lower costs upfront. SaaS exists in the cloud, meaning hardware installation costs are completely eliminated. Without hardware—you don’t have to continuously pay for hardware maintenance. This makes SaaS advantageous for startups.
Easy to implement
SaaS is already installed and configured in a cloud, so you don’t have to worry about setting up the infrastructure (which can get complicated). Implementation typically only involves registering and either downloading a web browser extension or the application to your computer.
Adopting SaaS means you don’t have to build out your own infrastructure and software. Beyond the implementation stage, SaaS is easy for updates. SaaS providers manage hardware and software updates, leaving you with a more seamless experience.
Integrated with your stack
The SaaS model is extremely customizable as most SaaS applications are geared toward integrations. Take ProfitWell for example. We understand that you need additional software to maximize your business. We integrate with a variety of different platforms. With ProfitWell, you can easily use our products to manage your pricing while also managing your billing through a service like Stripe.
Annual contracts are the best in terms of reducing churn. However, the subscription model is flexible. Offering month-to-month payments makes customers feel more at ease signing on with your product, knowing they can back out if they are unhappy. Most SaaS companies also offer different plans that include various pricing options and service features. Having a wide variety of software allows customers to switch things up if need be.