Wednesday, December 31, 2008

SaaS Platform Gains Momentum

Here it comes the first SaaS platform which permits to organize multiple content-centric applications across different enterprise workgroups. SpringCM has also released Accounts Payable Automation Solution in integration with Intacct’s on-demand financial management and accounting applications which promises to improve productivity and reduction in overheads by making paper work outmoded in all accounting and financial industries.

It actually combines SpringCM’s content management capabilities and Intacct’s financial expertise. This will also support CPA firms. All the printed documents use instead electronic processes complete with audit trails and version control. To bring the two finance department and the accounting profession one step nearer to the real document management in the enterprise, this “first-ever combination of Software-as-a-Service (SaaS) financial applications and document management” is helpful.

Till date it was very difficult for organizations to integrate and customize off-the-shelf ECM systems with additional third-party technologies for each departmental application. Also it used to led the expenses to approximately two to five times higher than the cost of the initial licenses. The new SpringCM platform allows applications to be developed once and deployed many times with all the SaaS advantages of low cost, rapid user adoption, and full integration with other systems via Web services.

The SpringCM 5.0 platform enables unique openings like :

  1. It helps in reducing the time and capital investment by allowing Independent Software Vendors (ISVs) to create an on-demand version of their offering.
  2. SpringCM platform is also used by Consulting organizations that understand key business processes for creating repeatable sources of revenue and new services without the cost and interference of developing and managing technology.
  3. Manufacturers of scanners, printers, fax and copy machines can develop applications that link these devices to SaaS-based document management to deliver repeatable applications, and create higher-level value propositions and market differentiation, while increasing user retention.
  4. Document services organizations such as Business Process Outsourcers (BPOs) and scanning bureaus have gained the benefit that now they can make value-add applications which can help in reduction of cost of delivering and tying services to process automation.
  5. It also helps in integration with third-party systems such as Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM).