The software industry is undergoing fundamental changes in the way in which applications are developed, delivered, packaged and priced in response to a shift in customer preferences from on-premise to on-demand solutions.
The movement to a SaaS model is placing unprecedented pressures on the way software vendors operate. As barriers to entry and product differentiation recede, and price competition escalates, ISVs must adopt new, more costeffective methods to build, sell, deploy and support their applications.
Software companies must also adopt new financial management systems which can handle the additional challenges which come with using offshore development teams, offering various product pricing schedules, and serving multiple geographies.
These escalating demands are driving a growing number of software companies to select SaaS solutions, such as Intacct's financial management system, to meet their needs. These solutions offer greater functionality than traditional legacy applications, quicker deployment cycles and lower cost of ownership.