Economics of Cloud Financial Software
Software purchases are generally expensive and critical to the continued operation of your business. Careful investigation of the options your company has is not only prudent, it could save your firm considerable money.
There are many kinds of financial application solutions out there today – from older, traditional on-premises solutions to newer cloud-based products and many others in between. These products possess a wide variety of functions, features, and equally importantly, cost. Yet, there exists a fair degree of market confusion about the relative costs and benefits that different software deployment models bring to financial accounting customers.
Multi-tenant SaaS solutions often have substantial advantages. These advantages include:
- Greater research and development (R&D) spend efficiency
- More frequent functional improvements to the product
- Lower support costs for the vendor and the customer
- Lower cost testing and debugging environment for the vendor and customer
To learn more about these advantages, download a copy of this whitepaper by filling out the form.