One of the biggest constraints startups and small businesses experience is their budget. Because of the lower revenue and resource shortage caused by the COVID-19 pandemic, it’s more difficult to stretch the budget.
However, with SaaS tools, you can gain max benefits without needing to spend a lot of money. But what are SaaS tools and which ones are the best to use for your business? Read on to find out!
What are SaaS Tools?
Similar to tools like Itrezzo, SaaS is tool that can help raise your business up, helping you with your overall budget.
SaaS stands for Software as a Service, which would give essential software access to businesses on a monthly or yearly basis. A business would pay for a subscription license at a price based on how many users will access it, along with the type of functionality needed.
The service providers will then hose tools in their servers, giving copies to the individuals in need of them. They will also handle any maintenance, updates, and take on security measures.
That way, startups, and small businesses won’t need to spend a ton of money investing in more hardware and/or software, having to maintain it and create strong IT infrastructure for it.
Here are some of the benefits and key features SaaS tools offer:
- Subscription-based bills – SaaS tools would have a subscription fee to pay, which you can change or cancel as needed.
- Remote access – You and your team members will be able to access your SaaS tools wherever and whenever, using any device, so long as there is a working Internet connection.
- Quick implementation – It won’t take long to set up your SaaS tools, anyone can start immediately after subscribing to it.
- Compatibility – SaaS tools are compatible with various automation tools, with service providers performing updates regularly.
- Easy to use – There aren’t any browser or operating system requirements. Furthermore, the platforms are navigable and easy to understand, with the best tools offering customer service and tutorials on how to use them.
- Scalability – If ever your business plans to grow and expand, you can upgrade to a much higher capacity.
- Security – SaaS tools and providers will ensure your business’s data security, along with restricted user access and encryption for all valuable data to stay safe.
Top SaaS Tools for Startups and Small Businesses
Now that you know what SaaS tools are, what are the best ones a startup and small business can use? Here are 7 SaaS tools you should consider investing in:
- Accounting Software
It’s crucial for companies to keep track of their finances monthly, which is why accounting platforms are crucial investments. These are handy tools that will make it easier to monitor the cash flow, invoices, and taxes. Plus, you can share the reports and accounting software with bookkeepers to help make tax returns an easier process.
One good tool you can use is Freshbooks, which is a tool targeting small businesses.
- Collaboration Software
Collaboration software ensures that all your employees stay connected in terms of cloud computing. The correct program allows everyone from the team to share files and their ideas, to communicate easily, and work on projects together in real-time. All this without having to stay in an office together, since all the communication is done online.
There are different types of collaboration software available, which can be compatible via mobile apps and web browsers. One of the best ones is Wrike tokeep the team efficient and productive wherever they are.
- Communication Software
Communication is absolutely necessary if you want your business to be successful. This is why businesses need a more convenient way to connect with everyone needed, from employees to shareholders.
One of the best tools for that is RingCentral Office, offering an all-in-one environment to communicate through UCaaS, which stands for United Communication as a Service.
- Document Management Tools
In today’s world of distributed teams, team members will require quick access to all important documents and information. Google Workspace is just the tool to give employees all of what they need for their productivity.
This G-Suite features an online calendar, a Google Drive to store files, Docs to create documents, among others!
- Customer Support
Customer experience and satisfaction is a valuable tool that businesses need to invest in. With happy clients come better business growth, and as customer services move online, companies will need digital solutions for improved customer support.
RingCentral Engage Digital is an excellent tool that allows businesses to engage with their customers through many channels all in one platform, whether live chat, social media, and even emails!
- HR Software
SaaS tools for human resources will streamline the complex activities, including hiring, recruiting, screening, evaluating, along onboarding. That way, you can monitor the newbies that want to and will join the business.
Bamboo HR is one of the leading HR tools that provide access to advanced reporting, tracking services, and personnel data modules.
- Marketing Software
This is an important SaaS tool to expand your brand reach, attracting customers further. That way, you can connect with customers through social media posting, email marketing, among other strategies.
HubSpot Marketing is a great tool for this, providing powerful automation features to connect with your target market and audience.
Wrapping It Up
Software solutions continue to become one of the most valuable and necessary tools in businesses. Now, with SaaS tools, businesses can invest in tools required on a pay-as-you-go basis, only paying for technologies the business needs and nothing more. This saves you a ton of money in the long run, provided that you choose the tool most efficient for your business.
Hopefully, this article on the best SaaS tools made for startups and small businesses helped you out! Now that you know which are the best, try any of these tools now and see which ones are best suited for you. Good luck!
Do you have any questions or want to share your tips and experiences on any of these SaaS tools? Share them in the comments section below, all of your thoughts are much appreciated!
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