SHARPeTools eROI is a Software as a Service product. SaaS is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is sometimes referred to as “on-demand software”. SaaS is accessed by users using a web browser. Don’t want to store your data in the cloud? Ask about our local-data service where all your data is stored on your network, its the best of both worlds.SaaS has become a common delivery model for many business applications, including office and messaging software, payroll processing software, DBMS software, management software, CAD software, development software, gamification, virtualization, accounting, collaboration, customer relationship management (CRM), management information systems (MIS), enterprise resource planning (ERP), invoicing, human resource management (HRM), talent acquisition, content management (CM), antivirus software, and service desk management. SaaS has been incorporated into the strategy of all leading enterprise software companies.
One of the biggest selling points for companies is the potential to reduce IT support costs by outsourcing hardware and software maintenance and support to the SaaS provider.
Source: https://en.wikipedia.org/wiki/Software_as_a_service