Why Software as a Service (SaaS)
Host Analytics understands the problems associated with traditional on premise Corporate Performance Management (CPM) software, which include:
- High up front license fees
- High implementation costs
- Ongoing maintenance fees
- Long implementation cycles
- Limited access to a busy IT organization
- Infrequent access to new innovation of upgrades
That is why we provide you with an alternative to traditional CPM with Software as a Service (SaaS) based CPM by Host Analytics. Whether you need a budgeting application, or a comprehensive suite of CPM solutions, we have the complete and unified approach to CPM that eliminates the problems of traditional on premise solutions.
Merging the technologies of SaaS and CPM software provides the strategic innovation that allows companies of all sizes to mitigate the common pitfalls of traditional software licenses. This allows companies to drive the planning process forward to become more strategically managed.
How it Works
SaaS customers pay a hosting fee on a quarterly or annual basis, as opposed to paying up front for a traditional software license. The application is delivered over the web in a “thin client” platform. The SaaS vendor assumes all the implementation, support training, infrastructure and security risks in exchange for the recurring subscription fee. The subscription fee it typically based on a per user basis. The delivery model is based on a service model. In addition to the software it includes “best practice” consulting to support a customer’s ongoing implementation of the software to all areas of their business.
Because it is a service, the vendor provides the necessary support to minimize the reliance on the customer’s internal resources. A SaaS vendor guarantees their revenue stream from a customer by providing exceptional service and helping the customer further implement the software components.