SaaS (Software As A Service) allows for seamless integration, low initial costs, high adoption rate and painless upgrades. Remote application hosting and delivery are primary strengths of SaaS. There’s no hardware or software to buy, install, update or maintain and access only requires an Internet connection.
Banks are the best-known examples of an SaaS. It protects each customer’s privacy as it provides secure, reliable service on a grand scale. Its customers all use the same financial systems and technology without concern about anyone accessing their personal information without authorization. Access to data is improved from any networked device as management of privileges becomes easier, data standardization for everyone to monitor data use while ensuring everyone sees the same information at the same time.
Banks use a multi-tenant architecture, wherein all users and applications share a single, common infrastructure and code base that is centrally maintained. Because SaaS vendor clients are all on the same infrastructure and code base, vendors can innovate more quickly and save the valuable development time previously spent on maintaining numerous versions of outdated code. The SaaS also is easily customizable applications to fit their business processes without affecting the common infrastructure; the customizations are unique to each business or user and preserved through upgrades – allowing for upgrades more often while both lowering adoption cost and customer risk.
FreshVu2Go uses the SaaS model to provide the best Cloud-based inventory/accounting software solution in the world today. Give it a free trial here: https://freshvu2go.com/free-trial/?plan=trial