software-as-a-service subscriptions has been increasing at rates above inflation for years. Businesses, on the other hand, find themselves increasingly reliant on software for day-to-day operations, be it CRM, human resources, accounts or payroll. Is something about to give?
The combination of increased subscription costs with extended contracting periods threatens to undermine profits for businesses – at least in the short to medium term.TymeBank “Any SaaS provider can price themselves out of the market, especially international providers who don’t adjust for the dollar/rand exchange rate,” Paveley said.
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