I’ve read that traditional ERP companies like Oracle have a difficult time keeping up with the innovation of SaaS providers. Is that true?

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I’ve read that traditional ERP companies like Oracle have a difficult time keeping up with the innovation of SaaS providers. Is that true?

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It is important to not confuse innovation with catching up. Oracle is the largest developer of HCM software in the world with over 2,000 developers producing cutting-edge technology every day. The Oracle HCM platform has been around for 20 years and continues to innovate to meet the evolving demands of world-class organizations across the globe. KBACE Mentor provides continuous access to these innovations in an affordable, SaaS-based model with flexible business process support. Q: I’ve heard in the news that SaaS providers struggle with profitability and run the risk of going out of business or getting acquired. What assurances can you give me that Mentor will be a stable, independent entity for the foreseeable future? A: KBACE is not a software firm. We lease the actual software code from Oracle, the 2nd largest software company in the world, which has an impeccable balance sheet. This model allows us to only purchase the exact amount of software we need to service our clients. We ha

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Mark Towers

Good afternoon! If you have some questions about SAAS, then you should take a look at the article about SAAS subscription pricing models. Perhaps on this site you can find more answers to this question. I regularly read updates to articles on this site. This is actually very useful. Anyway, good luck.

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