How SaaS in Supply Chain is Cost Effective?

How SaaS in Supply Chain is Cost Effective? | LoadProof

This is an important decision that needs to be made, while deciding between SAAS and On-Premise option. Even though it seems like everyone is embracing SAAS, but still there are enterprises that are looking at this as a big step. Traditionally the large enterprises have always harbored their data within their IT infrastructure with all kinds of security that encompassed multiple layers of encryption, protection, masking etc., with multiple levels of approval processes and hierarchy-based authorizations etc. So, it is a big step to break away from that culture and getting into a SAAS approach. SAAS has several advantages over the traditional on-premise applications that are listed below.

Helps make budgeting simpler.
Easy to configure and use.
No huge upfront costs.
Predictable costs.
Shortens the implementation time for projects
Highly scalable, with cloud you pay only for what you use, you can even automatically upgrade to next plan when you exhaust resources in current plan.
Although limited, customization is comparatively inexpensive.
Upgrades are mostly included, not charged separately.
SaaS can be deployed even without the involvement of the IT staff.
Better integration with other systems.
Automatic data backup.
Enhanced data security, many providers use SSAE 16 (SAS 70) audit controls.

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