List two benefits of the IT Strategy to use a SaaS solution to support the hiring process.
Expert Answer
Two Benefits of the IT Strategy to use a SaaS solution —-
1. Stability and Predictability
It is much easier to predict revenues basing on regular subscription fees. SaaS business model lets you monitor all incoming invoices, contract expiration of particular clients, changes of subscription plans etc. The risk of sudden revenue decrease is minimized, so it would be much easier to develop your marketing strategy.
2. Lower costs
SaaS has a differential regarding costs since it usually resides in a shared or multitenant environment where the hardware and software license costs are low compared with the traditional model.
Maintenance costs are reduced as well, since the SaaS provider owns the environment and it is split among all customers that use that solution.