Are you familiar with Saas? Do you know what it means? Can you afford the software licenses your small medical practice needs? Worried that you don’t have the budget for yearly maintenance costs? For many small practices, the costs of acquiring and maintaining software is a huge drain on their resources. Fortunately, there’s Software-as-a-Service (SaaS). Find out how your practice can save money with SaaS.
What is SaaS and what makes it appealing?
SaaS is a software delivery model that allows you, the user, to access software from any device through the internet. This gives you more flexibility since you don’t have to go to the office to use the software. You can work from anywhere as long as you can go online.
As opposed to a traditional on-premises setup where software is stored locally, SaaS is hosted in the cloud. By transferring software hosting to a third party, you’re outsourcing all the responsibilities that come with maintenance, such as upgrades and troubleshooting. In a way, getting SaaS is like renting a car: somebody else owns and spends for upkeep of the vehicle, but you get to drive it.
Shifting software ownership away from your practice also changes how much you spend on it. With on-premises software, you purchase a license and pay yearly support fees, which can amount to 22% of the price of license fees (ouch!). With SaaS, you pay a monthly or annual subscription fee that covers licenses, support, and other fees. This is better since it allows you to spread out costs on a monthly basis, instead of purchasing expensive licenses outright and ending up with a huge maintenance bill every year.
Will my data be safe?
Some practices hesitate to switch to SaaS because of data security concerns. Who will own my data? Will my data be safe? What if the vendor goes out of business?
Here’s something for your peace of mind and safety: when you’re outsourcing your software to a SaaS vendor, you must sign a service level agreement (SLA). This should specify that you own the data and that the vendor is obliged to provide access to your data even if the vendor suffers from extreme circumstances like economic difficulty or disasters.
Data hosted by a SaaS vendor will be more secure than that stored on the average medical practices network. That’s because SaaS vendors regularly undergo strict security audits, forcing them to invest more in security, backup technology, and maintenance than a typical medical practice.
Should I switch to SaaS or stick to on-premises?
SaaS is an ideal solution for small- and mid-sized practices that want to reduce upfront costs. Large practices or those with complex processes will benefit more from a traditional on-premises solution since it offers more functionality and allows for full customization.
Still unsure about whether SaaS is the right answer for your organization? Want to know more about SaaS before making the transition? Call us today! Our experts are ready to answer any questions you may have about SaaS.
Published with permission from TechAdvisory.org. Source.