SaaS is the short term for Software as a Service, in which the software is licensed on a subscription basis and is centrally hosted online. These software products are usually “in-demand” due to the convenience of not having to purchase the whole software or pay for the development of such software. The ability to stop the subscription is also possible, thus, entrepreneurs and other users prefer to use software on a subscription basis. Given how popular SaaS as a business is, many developers want to try their hand in this industry.
Business planning is vital in any kind of business in different industries. That’s why even though SaaS Businesses are catered online, creating a SaaS Business Model in Excel cannot be skipped. Business is business, no matter what and where the platform is. Hence, SaaS business model in Excel templates are extremely popular and in demand too.
Developers are not all knowing, and it can be tough for them who doesn’t have extensive know-how about accounting and financial modeling. Creating a SaaS financial model will take a lot of time and make the developers frown just thinking of all the calculations and projections to be shown in an Excel file. Moreover, it is more convenient to use a SaaS financial model template because you work more efficiently. Rather than creating a model from scratch, simply using a SaaS financial model template will help you save some time and money.
Good thing that downloading templates is easy. Like for example, at eFinancialModels you can acquire not only SaaS business model in Excel but also a wide range of industry specific financial model templates which you can use as a base financial model. The templates are made by financial modeling experts with a substantial amount of experience in financial modeling and a wide range of industry know-how. So, rest assured, you can use the templates to help you create a financial model of your own.