Software as a Service (SaaS) companies host applications and make them available to customers through the internet. An SaaS company runs and maintains databases, servers and softwares that allow the application to be accessed online by using web browsers.
SaaS vendors normally charge customers through a subscription fee either monthly or annually.
These subscriptions are priced based on the amount of data that needs to be stored, the number of active users and the level of technical support required.
The Types of SaaS Applications Companies Use
1. Customer Resource Management (CRM)
These allow SaaS companies to manage their customer information and lets them track customer sales through their product pipeline.
2. Enterprise Resource Planning (ERP)
This type of SaaS application is designed specifically and is most suited for large organizations.
3. Accounting and Invoicing
Certain SaaS companies mainly focus on invoicing and billing services. While some also offer an entire range of financial tools such as tracking and reporting financial services.
4. Project Management
This type of SaaS application assists collaborators in communicating efficiently and to stay on track.
5. Web Hosting and E-Commerce
This type of SaaS application allows access to remote servers that can handle the needs of a business when it comes to its online presence.
6. Human Resources
SaaS companies also provide specific tools that can track employee working hours, schedule employee tasks and even manage the payroll and hiring process.
7. Data Management
SaaS applications can assist in analyzing weak points, create contingencies and securely encrypt sensitive company data.
What are the Benefits of SaaS Companies?
The main benefit for SaaS companies is that it is more efficient to use and operate. It can run as a centrally managed application instead of installing the software onsite. Some of the major benefits are listed below.
- Cost Saving
SaaS companies price their services on a subscription basis. Due to this, customers will have lower initial costs as the need to invest in expensive hardware is eliminated.
- Low Effort Updates
SaaS companies maintain the services they provide. They can update their software centrally when required. Customers do not not to manually install the software or download updates.
SaaS vendors allow customers to access their services from any device with an active internet connection and from any location. With this feature, businesses who use SaaS are not confined to a central location.
- IT Expertise
SaaS vendors invest in the Information Technology (IT) required to maintain and troubleshoot their applications so that their customers do not have to. Almost all SaaS companies have the resources and hardware to maintain system reliability and data security.
SaaS vendors offer customers with the option to add more users or expand capacity if the need arises along with an increase in the subscription fee. Customers do not have to purchase additional hardware or software, making the expansion process much easier and hassle free.
What are Some Examples of SaaS Companies?
Microsoft provides their corporate users with desktop productivity tools which run on the cloud under their SaaS product called Office 365. AI powered features are also integrated through Microsoft Teams. Office 365 offers all their Office applications such as Outlook, Word, Excel, Powerpoint, Skype for Business, OneDrive, etc. which are infused with chat based collaboration, video integration and file sharing.
Google offers business customers with their cloud productivity software called G Suite which is comprised of applications such as Gmail, Docs, Sheets, Drive, Calendar, Slides, Google+, etc.
G Suite also consists of enterprise specific tools such as Hangouts Meet and Hangouts Chat used for efficiently collaborating and communicating.
What is OnUpKeep?
OnUpKeep is a mobile first Computerized Maintenance Management System (CMMS). The software allows businesses to manage their faculty and staff and includes asset tracking, inventory counting, etc. on a single platform.
It lets businesses create work orders, receive real time notifications, communicate with technicians and gives them a 360 degree point of view. OnUpKeep has established itself as a strong player in maintenance management (preventive maintenance, inventory management, etc.). Some of their top clients include big names like Unilever, McCormick, Yamaha, etc.
What are the Main Features of Using OnUpKeep?
OnUpKeep has some unique features that allow its users to automate a number of operations, some of the most useful ones are listed as follows.
- Work Requests
When running a business facility, it is crucial to monitor and maintain it thoroughly. For these reasons, a system with access for everyone to collaborate can keep everyone on the same page and reduce the chance of errors in your workflow. OnUpKeep provides its users with a convenient way to prioritize important tasks and approve work order requests.
- Preventive Maintenance Scheduling
The reason for preventive maintenance is to avoid a complete breakdown of an asset or a part of the facility. OnUpKeep offers you with tools to schedule preventive maintenance tasks and get insightful reports.
- Depreciation Tracking
When managing a facility, it can be quite challenging to track the depreciation of certain equipment among other assets. The depreciation tracking feature from OnUpKeep allows you to monitor the value of your assets which can provide you with additional insight on whether to discord, sell or continue using said equipment.
OnUpKeep was founded in 2014 and is a CMMS that has been specifically designed as a mobile first highly versatile tool which can be accessed on Android or iOS operating systems. It is known for its user friendly interface and convenience but most important of all, it has a round the clock customer support team available to answer any concerns you have.