Benefits of Software-as-a-Service (SaaS) + BlackLine
Software-as-a-Service (SaaS) is a software distribution model in which applications are hosted by a vendor or service provider and made available to customers over a network, typically the Internet. Customers typically pay a subscription fee to access the software. The term “SaaS” is analogous to OnDemand. In recent years, the term “cloud” computing has become increasingly popular as well. SaaS is appealing to many companies because of its low-cost, low-risk approach. See some of the quantifiable benefits in the list below.
- No software or hardware to purchase, install or maintain. The SaaS model means less strain on often overburdened IT departments.
- No capital outlay. Subscription fees eliminate the need to purchase the software licenses outright, so it is easier to budget for a SaaS solution and pass the monthly costs through an operating budget.
- Eliminate infrastructure investment. With new software, companies are typically required to purchase additional hardware, middleware and bandwidth to enable the application. The SaaS model eliminates this requirement.
- Rapid deployment. Since there is no hardware to order or software to install, you can start using the system almost immediately.
- Seamless integration. BlackLine offers a quick and easy implementation, so you can easily import your financial data in a secure manner.
- Easy availability. All that is required is an Internet connection. Multi-site locations don’t need Terminal Server or Citrix architectures to use BlackLine.
- Painless upgrades. Users always have access to the latest version of the application because updates, upgrades and enhancements are automatically made available by the BlackLine team.
- No software support fees. Support is included with the subscription fee.
- Anytime, anywhere access. BlackLine’s system is up and running 24-7-365.
- Pay only for what you use. Eliminate shelfware and pay only for what you use. This is an obvious advantage over enterprise systems, but one that is often overlooked.
- Inclusive backup, disaster recovery and support services. Spend less time managing your application and more time on your core business.
- World-class security. BlackLine’s SSAE 16 Soc 1 Type II audit details the extensive precautions taken to protect financial data. Hosting with BlackLine may be more secure than hosting in-house.
- Full configurability. The software you use is the same software with the same powerful configurability as an in-house system. All of BlackLine’s flexible options are available in the SaaS model.
- Easy to switch vendors. SaaS provides significantly more power and control to the corporate buyer than traditional software license models. Clients who wish to make a change can easily do so without incurring the costs associated with an enterprise model.
- Lower total cost of ownership. The historical complaint about enterprise software has been the unknown cost to deploy, operate, archive, etc. With SaaS, the total cost to operate the application is fixed and transparent from the start, so there aren’t any surprises or unexpected costs.