Investopedia explains 'Software As A Service - SaaS'
The advantages of SaaS are that it is easy to implement, easy to update and debug and can be less expensive (or at least have lower up-front costs), since users pay for SaaS as they go instead of purchasing multiple software licenses for multiple computers. SaaS has numerous uses, including tracking leads, scheduling events, managing transactions, automating sign up, auditing and more.
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