SaaS software is a cloud-hosted, online version of an application that you access through a connected device and which you pay for based on its usage. Financial advantages of SaaS for small business can be substantial especially for startups or companies with lean cash flow.

Basically requiring just a web browser to use compared to software you install on your PC, SaaS significantly reduces capital outlay and operating costs including purchasing of perpetual software licenses.

You also get a fully on-demand software available anytime, anywhere with no worries of downtimes, hang ups, and crashes – things more likely to happen on your end in your machine.

In this comprehensive guide for small business software, we take a look at the following aspects in detail: