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.

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