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Initio works on the delivery model of Software as a Service (SaaS). |
SaaS usually relates to software applications which are not purchased and hosted locally but licensed from an organization which also hosts the software. SaaS is a software application delivery model where the vendor develops as well as operates the software application for use by its customers via the internet. Although SaaS is not limited to business applications only, it is typically considered an economical way for businesses to gain the same benefits of commercially licensed, internally operated software, without taking on the associated complexity and high initial cost that would normally go with purchasing software.
The SaaS Model is well suited for customers who have little interest or capability in software operation, but do have considerable computing requirements such as Financial Accounting, Human Resource Management, Customer Relations Management, and many more.
SaaS differentiates itself from "On Premise" software by avoiding the need to purchase and maintain the computer hardware and related infrastructure to run an application. The only infrastructure required remains a personal computer to run the software and sufficient networking connectivity to reach the internet.
SaaS is designed to scale much more smoothly than the other models by offering multi-tenanted single instance software. With users sharing in a common infrastructure, the application makes more efficient use of hardware and is designed to scale across multiple machines.
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High Adoption
The applications are available from any computer or any device anytime, anywhere. Because most people are familiar with using the Internet to find what they need, SaaS applications tend to have high adoption rates, with a lower learning curve.
Low Initiating Costs
Initio as a SaaS application is subscription based. No license fees mean lower initial costs. Having the SaaS provider manage the IT infrastructure means lower IT costs for hardware, software, and the people needed to manage it all.
Painless Upgrades
Because the Initio provider manages all updates and upgrades, there are no patches for customers to download or install. The SaaS provider also manages availability, so there's no need for customers to add hardware, software, or bandwidth as the user base grows.
Seamless Integration
SaaS vendors with true multi tenant infrastructure can scale indefinitely to meet customer demand. Many SaaS providers also offer customization capabilities to meet specific needs. Plus, many provide API's that let you integrate with existing ERP systems or other business productivity systems for example financial accounting
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