Keeping up with technology advances that can help you run efficiently. A relatively new option available that can help you take advantage of the latest technologies is the “as a Service” model for key systems such as your point of sale (POS) system. Software as a Service (SaaS) means that instead of buying the software licenses outright you pay a low cost monthly subscription rate that covers use of the licenses, service and support; you pay a fixed subscription rate to use a cloud-based application. This model can be extended to include the hardware as well, such as receipt printers, pole displays, and barcode scanners. POS as a Service (PaaS) can provide you with a complete system while removing the hassles of service and maintenance.
SaaS and PaaS have many benefits that make this model worth considering. Here are four reasons to raise a glass:
1. Lower Costs. Buying and maintaining software and hardware can involve extensive upfront costs and additional unexpected costs later when something breaks or needs to be upgraded. With SaaS and PaaS, you pay a predictable subscription fee that makes budgeting much easier. You also only pay for licenses that you use. If you want to add POS terminals — or even decrease the number you use — you can easily adjust your subscription. You never buy POS hardware through PaaS, you are paying a subscription to have a POS system, so if something breaks, the vendor will make repairs or replacements and get you running again.
2. Decreased IT Support. The SaaS and PaaS models greatly reduce the burden on your in-house IT staff. The vendor does the heavy lifting with set up and also handles support and maintenance, including hardware repairs and upgrades to ensure that the POS system is always up to date. Your SaaS vendor can also provide access to the latest security patches to protect your data.
3. Anytime, Anywhere Access. Software as Service solutions are accessible through the cloud, so you can access your POS system from the road or when working in a different location. Wherever you are, you have the ability to have a real-time view of sales and inventory, and you can log in to adjust menus or schedules.
4. Ability to Grow. SaaS and PaaS solutions are designed to allow you to scale. If you expand your business ‘and need additional POS terminals, or if you open a new location, you can easily add the functionality you need for an additional, predictable monthly fee. Another advantage is that with PaaS, you’re dealing with the same vendor for all of your hardware, which ensures consistency and device compatibility.
Business Owners or Operators considering a new or upgraded POS system can discover a wide range of benefits by choosing the As-a-Service model. This is an option can help you level the playing field with larger businesses with more advanced technology by allowing you to have similar functionality but at a set monthly cost. SaaS and PaaS can be the answer you are looking for to help you manage your business more effectively within your budget.