Skip to Content

Demystifying SaaS: 5 keys to buying software-as-a-service

PRESENTED IN PARTNERSHIP WITH NIGP

Bonfire webinar on buying software as service Saas

The Software-as-a-Service (SaaS) market is growing rapidly, with more organizations choosing to use these solutions than ever before. In fact, Gartner estimates that “the global Software as a Service Market will reach a valuation of 117 Billion USD by the end of 2022.”

In this webinar, we demystify the SaaS industry and everything you, as a procurement professional, need to know about it.

We also unveil some key statistics that highlight how your peers are making SaaS purchasing decisions, including average open to close duration, the typical number of evaluators, and common criteria weighting.

After viewing this webinar, you’ll learn:
  • How SaaS solutions follow different business models that mean new contract types and procurement requirements;
  • The difference between on-premise software versus cloud computing and what it means for your teams;
  • The top security questions to ask before deciding on any type of SaaS solution;
  • Why you should pay extra attention to the service component offered by SaaS providers; and
  • The “hidden” benefits of these types of solutions.