Simplifying SaaS: An Accounting Primer
The SaaS business model continues to gain broad acceptance. Existing companies that historically sold software products are increasingly rolling out SaaS offerings, and many new SaaS companies are emerging. There are now more than 20 publicly traded SaaS companies in the United States with annual revenues in excess of $1 billion.
Trends making SaaS a much more common and frequently preferred software delivery model include:
- User demand for affordable solutions.
- Availability of world-class platform-as-a-service (“PaaS”) or cloud computing resources.
- A shift in perception regarding security.
Download our Whitepaper, Simplifying SaaS: An Accounting Primer, for additional insight into accounting trends and considerations.
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