SaaS –The Finance Department’s New Best Friend
SaaS — Software as a Service — is a computing distribution model in which businesses rent software online, from a host, rather than purchasing and installing it locally. SaaS, a fundamental concept behind centralized computing, enlists the Internet to do the heavy lifting, with users accessing their apps, tools and files using a web browser. With the SaaS model’s myriad advantages, software rental has become an increasingly popular option for businesses moving to the cloud.