Accounts Payable Software as a Service (SaaS) does not always mean true SaaS
Accounts Payable Automation, AP Automation, AP Workflow, P2P Automation, SaaS Automation, Software as a Service
Although the Accounts Payable automation market has been trending toward the Software as a Service (SaaS) approach as the best option for your AP workflow solution, be aware that not all Accounts Payable SaaS solutions are the same under the hood. Many new accounts payable automation providers in the Accounts Payable automation marketplace are claiming to offer a SaaS based AP workflow solutions but many of these companies do not offer a true SaaS based automation solutions and are just trying to use the SaaS name as a marketing ploy to capitalize on the growing popularity of a SaaS based accounts payable solution. A true SaaS based solution is by nature multi-tenant. Wikipedia gives a clear definition of multi-tenancy referring to software architecture where a single instance of the software…