Nowadays, the majority of on-demand service providers, especially taxi-hailing startups, prefer using SaaS.

SaaS or Software as a Service is basically a software distribution model. In this model, the software providers offer network-based access to the application that’s being developed particularly for the SaaS distribution.

This means, the code base of the application remains the same among all clients. And when the software provider introduces new features or functionalities, they’re rolled out to all clients who update the software for the latest version.

In fact, this easiness has led the SaaS model to gain massive popularity as it doesn’t require any installation, licensing, maintenance, or hardware acquisition. Everything is taken by the software provider.

For example, the software provider hosts the applications in the cloud to make it available to all of its clients at the same time. This way, the clients can easily make use of the readymade solution by subscribing on a monthly or periodical basis.

The point is, if you own a taxi-hailing business or wish to launch a new taxi-hailing startup, then SaaS-based ride-hailing software is definitely for you.

If you’re still confused and need for convincing, then read the following 6 reasons why you must embrace SaaS for your on-demand taxi-hailing startup.

1 — Faster to the Market

Since SaaS is already preinstalled and preconfigured, you get an instant, ready-to-use solution without having to customize anything.

The software providers already know about all the business needs for running an on-demand taxi-hailing startup so it is unlikely that you will need any sort of customization.

In case even if you need some sort of customization, you can get it done by requesting to the software provider.

Of all these, the best benefit of using SaaS-based taxi booking system is that due to its subscription-based service, you can enter the market in an instant and without any downtime whatsoever.

2 — Pay-As-You-Go

When you choose to go with a one-time-pay ride-hailing software, you basically pay a huge amount of money for features that you might not even need. In addition, there will also be the expense of setting up the server or of renting one.

Overall, this may require you to reconsider your budget, especially if you’re just starting out.

With the SaaS model, on the other hand, the software provider gives better transparency when it’s a matter of money.

SaaS, as mentioned before, is a highly cost-effective model in which you’re billed only once per month or per year, whichever option suits your budget.

The subscription model of SaaS-based software offers the flexibility of paying on the go and will charge based on the number of drivers or passengers you add it.

The best part is, you’re not required to pay extra for any sort of hardware installation, which greatly minimizes the maintenance costs.

In simple words, all SaaS-based software providers offer an option to be billed for the number of cars or drivers and passengers that you add into their system.

3 — Easy Access

Easy Accessibility is one of the most beneficial advantages of SaaS-based ride-hailing software. As you already know that the software is hosted in the cloud, all the administrative panels as well as the applications can be easily accessed from anywhere and anytime over the internet.

4 — Reliable & Secure

Majority of SaaS software service providers offer an advanced level of security as they’re aware of startups’ security concerns. So, when it comes to sensitive data of your business, you can rest assured that your and your customers’ data will be stored securely and can also be easily retrieved in case any unfortunate event occurs.

As far as the software’s reliability is concerned, the software service providers have proved themselves to be highly reliable when it comes to customer support.

5 — Integration & Scalability

In addition to all the benefits that the SaaS model provides, the software service provider also allows their customers to integrate any third-party tool through API that you might need for your ride-hailing startup.

For example, you can integrate external marketing or analytics tool in simple steps through API.

Plus, if you want to scale up your software capacity, you can easily do so by upgrading the subscription plan in case you want to add more drivers or customers to your business.

6 — Auto-Upgrades

When it comes to software upgrades, the SaaS product gets automatically updated with new functionalities released by the software service providers.

As we discussed before, since the SaaS product is hosted in the service provider’s cloud, they are responsible for everything, from software updates to maintenance and support services.

All you’ll need to do is update your taxi booking system when you get notified that there is a new update released. That’s it! You will never require to spend any extra for any new functionalities or latest version upgrades in the SaaS model.

Conclusion

The SaaS market is growing at a rapid pace and is lifting up the modern ride-hailing startups along with it. If you do not wish to miss the train of rapid growth and want to stay competitive in the market, then adopting SaaS-based ride-hailing software is the only way.

Hop on while you still can or be ready to get vanished!

This article is contributed by Mushahid Khatri, solution consultant at Yelowsoft –Taxi Booking Software development company

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